Development Economics in Action Second Edition: A Study of Economic Policies in Ghana

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ISBN: 9780415473835 | 0415473837
Cover: Hardcover
Copyright: 6/17/2010

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In this classic development economics volume, now available from Routledge with a new introduction and postscript, Tony Killick focuses on the development policies followed by Ghana between 1961 and 1972. The lessons learned from this analysis are still valid today and development economics the world over will see why the book made such a splash thirty years ago.

List of figures	p. xvii
List of tables	p. xix
Preface to second edition	p. xxii
Preface to first edition	p. xxiv
1960-72
Introduction	p. 1
Appendix: A guide to the history of Ghana's currency	p. 8
Development, disequilibrium and state interventionism	p. 12
The economic strategies of Nkrumah and his successors	p. 37
Nkrumah's development strategy	p. 38
Economic strategies after Nkrumah	p. 60
Domestic economic performance in the 1960s	p. 73
Appendix: The national accounts and other statistical sources	p. 92
External performance: The foreign exchange constraint and its causes	p. 107
Planning, saving and economic management	p. 145
The planning experience	p. 145
The mobilization of resources	p. 158
Short-run economic management	p. 166
Modernization without growth	p. 182
Educated high-level manpower supplies, 1960-70	p. 196
On the measurement of excess capacity	p. 198
The unbalanced growth of agriculture and industry	p. 202
The state as entrepreneur	p. 234
The state as controller	p. 288
Import controls	p. 289
Price controls	p. 314
Conclusions	p. 319
After Nkrumah: Interpretations of policies, 1966-72	p. 328
Appendix: Ownership status of public enterprises and corporations existing at end-1965	p. 351
Lessons from 1960-72	p. 359
1972-2008
Introduction to the new chapters	p. 397
From implosion to boom: 1972-2008	p. 398
The black years of 1972-83	p. 398
1983-91: The economic recovery programme	p. 405
1992-2002: Responses to democratization	p. 409
2003-08: Entering a golden age?	p. 413
Summary: From implosion to boom, 1976-2008	p. 418
Human welfare	p. 420
Conclusion	p. 425
Appendix: Key macroeconomic indicators	p. 427
Structural change: 1970-2008	p. 431
The sectoral structure	p. 431
What growth accounting tells us	p. 435
The export record	p. 439
The financial sector	p. 441
Summing-up on structural change	p. 445
Saving and investment	p. 446
Forces for change: 1983-2008	p. 449
The influence of external factors	p. 449
The importance and limitations of macroeconomic management	p. 457
How much public-private rebalancing?	p. 458
Politics and the possibilities of progress	p. 465
So what has made the difference?	p. 475
Still development economics in action?	p. 476
Conclusion: The dominance of the domestic	p. 482
Bibliography of works cited	p. 485
Additional works cited for the second edition	p. 503
Index	p. 507
Table of Contents provided by Ingram. All Rights Reserved.

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Development Economics in Action Second Edition: A Study of Economic Policies in Ghana

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