The Ghanaian economic recovery
Culpepper, Timothy M.
MetadataShow full item record
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.
Approved for public release; distribution is unlimited.
Showing items related by title, author, creator and subject.
Ozdemir, Erhan. (Monterey, California. Naval Postgraduate School, 2008-12);Participation in globalization would be a great contributing factor to obtaining stable economic growth among Middle East states. In fact, globalization and its use in economic development have profound importance both ...
"Useful fools" as diplomatic tools: Organized labor as an instrument of US foreign policy in Latin America Buchanan, Paul G. (1990-04);This paper analyzes the role played by organized labor in the formulation and conduct of US foreign policy in Latin America, with particular reference to the field of labor relations and the promotion of democracy in the ...
The emergence of economic trading blocs : the role of Japan and the implications for Latin America Yeargin, Linda T. (Monterey, California. Naval Postgraduate School, 1994-03);With the emergence of regional economic blocs, the focus has shifted to recent economic development in the Latin American region. This thesis addresses the question of Japan's economic influence in the region and the ...