IDEAS home Printed from https://ideas.repec.org/a/sae/envira/v33y2001i6p997-1014.html
   My bibliography  Save this article

Liberalization Policies and Foreign Companies in Accra, Ghana

Author

Listed:
  • Richard Grant

    (Department of Geography and Regional Studies, University of Miami, Coral Gables, FL 33124–2060, USA)

Abstract

Globalization in the periphery of the world economy is a poorly understood phenomenon. Africa is stereotypically ‘excluded’ from globalization, and research has not clarified that general negative assessment for specific places in Africa. To redress this deficiency, I examine globalization empirically from the ground upwards through an analysis of foreign companies. Primary and secondary data were collected at the local level to examine the nature and extent of foreign corporate activity in Accra, Ghana. The evidence points to growing inclusion in, rather than exclusion from, the world economy, to increasing service-sector rather than extractive-sector investment, and to foreign companies producing for local and regional markets as well as for international markets. Foreign companies employ a range of strategies to embed themselves in the local market: establishing joint ventures, developing local products, joining national stock markets, and historicizing their presence in the market. This study reemphasizes the need for place-specific fieldwork to enable us to make accurate statements about globalization in particular locations.

Suggested Citation

  • Richard Grant, 2001. "Liberalization Policies and Foreign Companies in Accra, Ghana," Environment and Planning A, , vol. 33(6), pages 997-1014, June.
  • Handle: RePEc:sae:envira:v:33:y:2001:i:6:p:997-1014
    DOI: 10.1068/a33144
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1068/a33144
    Download Restriction: no

    File URL: https://libkey.io/10.1068/a33144?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Gavin Shatkin, 1998. "‘Fourth World’ Cities in the Global Economy: The Case of Phnom Penh, Cambodia," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 22(3), pages 378-393, September.
    2. John Williamson, 1994. "The Political Economy of Policy Reform," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 68, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bezemer, Dirk & Dulleck, Uwe & Frijters, Paul, 2005. "Social Capital, Creative Destruction and Economic Development," Research Report 05C09, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    2. Richmond J. Ehwi & Lewis A. Asante, 2016. "Ex-Post Analysis of Land Title Registration in Ghana Since 2008 Merger," SAGE Open, , vol. 6(2), pages 21582440166, April.
    3. Uwe Dulleck & Dirk J. Bezemer & Paul Frijters, 2004. "Social Capital, Creative Destruction and Economic Growth," Vienna Economics Papers 0406, University of Vienna, Department of Economics.
    4. Godwin Boateng, Festival, 2021. "A critique of overpopulation as a cause of pathologies in African cities: Evidence from building collapse in Ghana," World Development, Elsevier, vol. 137(C).
    5. David Simon, 2003. "Dilemmas of development and the environment in a globalizing world: theory, policy and praxis," Progress in Development Studies, , vol. 3(1), pages 5-41, January.
    6. Lotta Moberg & Vlad Tarko, 2021. "Special economic zones and liberalization avalanches," Journal of Entrepreneurship and Public Policy, Emerald Group Publishing Limited, vol. 10(1), pages 120-139, February.
    7. repec:dgr:rugsom:05c09 is not listed on IDEAS
    8. Uwe Dulleck & Dirk J. Bezemer & Paul Frijters, 2004. "Social Capital, Creative Destruction and Economic Growth," Vienna Economics Papers vie0406, University of Vienna, Department of Economics.
    9. Isaac Luginaah & Godwin Arku & Philip Baiden, 2010. "Housing and Health in Ghana: The Psychosocial Impacts of Renting a Home," IJERPH, MDPI, vol. 7(2), pages 1-18, February.
    10. Dirk Bezemer & Uwe Dulleck & Paul Frijters, 2003. "Contacts, Social Capital and Market Institutions - A Theory of Development," Vienna Economics Papers vie0311, University of Vienna, Department of Economics.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bryan Caplan & Edward Stringham, 2005. "Mises, bastiat, public opinion, and public choice," Review of Political Economy, Taylor & Francis Journals, vol. 17(1), pages 79-105.
    2. Guillermo A. Calvo, 2008. "Crises in Emerging Markets Economies: A Global Perspective," Central Banking, Analysis, and Economic Policies Book Series, in: Kevin Cowan & Sebastián Edwards & Rodrigo O. Valdés & Norman Loayza (Series Editor) & Klaus Schmidt- (ed.),Current Account and External Financing, edition 1, volume 12, chapter 3, pages 085-115, Central Bank of Chile.
    3. Pitlik, Hans & Wirth, Steffen, 2003. "Do crises promote the extent of economic liberalization?: an empirical test," European Journal of Political Economy, Elsevier, vol. 19(3), pages 565-581, September.
    4. Bernd Hayo & Doh Shin, 2002. "Popular Reaction to the Intervention by the IMF in the Korean Economic Crisis," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 5(2), pages 89-100.
    5. Prato, Carlo & Wolton, Stephane, 2018. "Rational ignorance, populism, and reform," European Journal of Political Economy, Elsevier, vol. 55(C), pages 119-135.
    6. Cossu Elena, 2023. "Clustering and Analysing Relevant Policy Dimensions of Populist, Left-Wing, Centrist, and Right-Wing Parties across Europe," Central European Journal of Public Policy, Sciendo, vol. 17(1), pages 41-54, June.
    7. McCourt, Willy, 2003. "Political Commitment to Reform: Civil Service Reform in Swaziland," World Development, Elsevier, vol. 31(6), pages 1015-1031, June.
    8. Hendrik P. van Dalen, 2003. "Pluralism in Economics: A Public Good or a Public Bad?," Tinbergen Institute Discussion Papers 03-034/1, Tinbergen Institute, revised 18 May 2004.
    9. Karen L. Remmer, 2004. "Does Foreign Aid Promote the Expansion of Government?," American Journal of Political Science, John Wiley & Sons, vol. 48(1), pages 77-92, January.
    10. Daniel L. Nielson, 2003. "Supplying Trade Reform: Political Institutions and Liberalization in Middle‐Income Presidential Democracies," American Journal of Political Science, John Wiley & Sons, vol. 47(3), pages 470-491, July.
    11. Monasterolo, Irene & Benni, Federica, 2013. "Non parametric methods to assess the role of the CAP in regional convergence in Hungary," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 115(3), pages 1-9, December.
    12. Fernandes, Ana M., 2007. "Trade policy, trade volumes and plant-level productivity in Colombian manufacturing industries," Journal of International Economics, Elsevier, vol. 71(1), pages 52-71, March.
    13. Alice Nicole Sindzingre, 2015. "‘Policy Externalisation’ Inherent Failure: International Financial Institutions’ Conditionality in Developing Countries," Post-Print hal-01668367, HAL.
    14. Agnello, Luca & Castro, Vitor & Jalles, João Tovar & Sousa, Ricardo M., 2015. "What determines the likelihood of structural reforms?," European Journal of Political Economy, Elsevier, vol. 37(C), pages 129-145.
    15. Luciano Marcello Milone, 2015. "Structural Reforms in the European Union after the Global Crisis: Problems and Prospects," Working Papers in Public Economics 171, University of Rome La Sapienza, Department of Economics and Law.
    16. Willem Paling, 2012. "Planning a Future for Phnom Penh: Mega Projects, Aid Dependence and Disjointed Governance," Urban Studies, Urban Studies Journal Limited, vol. 49(13), pages 2889-2912, October.
    17. Corbo, Vittorio & Fischer, Stanley, 1995. "Structural adjustment, stabilization and policy reform: Domestic and international finance," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 44, pages 2845-2924, Elsevier.
    18. Christoph A. Schaltegger & Martin Weder, 2014. "Fiscal adjustment and the costs of public debt service: evidence from OECD countries," Applied Economics, Taylor & Francis Journals, vol. 46(22), pages 2593-2610, August.
    19. Robbie Mochrie, 2000. "An Appraisal of Debt Relief for Poor Countries," CERT Discussion Papers 0005, Centre for Economic Reform and Transformation, Heriot Watt University.
    20. Irina Denisova & Markus Eller & Timothy Frye & Ekaterina Zhuravskaya, 2007. "Who Wants to Revise Privatization and Why? Evidence from 28 Post-Communist Countries," Working Papers w0105, New Economic School (NES).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:envira:v:33:y:2001:i:6:p:997-1014. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.