The Ghanaian economic recovery
Authors
Culpepper, Timothy M.
Subjects
Ghana
economy
structural adjustment
economic reform
IMF
economy
structural adjustment
economic reform
IMF
Advisors
Looney, Robert
Date of Issue
2013-12
Date
Dec-13
Publisher
Monterey, California: Naval Postgraduate School
Language
Abstract
From 1961 to the present, Ghanas gross domestic product (GDP) change deviated significantly (more than 5.8 percent) from that of the region eight times; of these eight deviations, four were positive, outperforming the region, and four were negative, underperforming the region. This study utilizes process tracing in order to test whether economic policiesprotectionist and liberalhad any impact on those deviations. This study shows that every negative deviation year was preceded by protectionist policies, and, with one exception (explained by currency devaluation), every positive deviation year was preceded by economic liberalization policies. This relationship suggests that the nature of economic policies (liberal versus protectionist) do not necessarily cause large, acute GDP movement, but they may be prerequisites for significant GDP movement in any given year.
Type
Thesis
Description
Series/Report No
Department
National Security Affairs
Organization
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.