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Country Role Models for Development Success: The Ghana Case

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  • Augustin Kwasi Fosu

Abstract

The current paper, first, documents Ghana's 'success' story. Second, it identifies the strategy employed. Third, it provides a brief history of why and how the strategy was adopted. Fourth, it provides some rationale for the success of the strategy, including the roles of domestic and international actors. Fifth, it conjectures the viability of the strategy into the future. Finally, the paper draws lessons for possible application to other less successful countries.

Suggested Citation

  • Augustin Kwasi Fosu, 2009. "Country Role Models for Development Success: The Ghana Case," WIDER Working Paper Series RP2009-42, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2009-42
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    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-42.pdf
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    References listed on IDEAS

    as
    1. Augustin Kwasi Fosu, 2002. "Political Instability and Economic Growth: Implications of Coup Events in Sub‐Saharan Africa," American Journal of Economics and Sociology, Wiley Blackwell, vol. 61(1), pages 329-348, January.
    2. Dani Rodrik & Arvind Subramanian & Francesco Trebbi, 2004. "Institutions Rule: The Primacy of Institutions Over Geography and Integration in Economic Development," Journal of Economic Growth, Springer, vol. 9(2), pages 131-165, June.
    3. Augstin Kwasi Fosu, 2003. "Political Instability and Export Performance in Sub-Saharan Africa," Journal of Development Studies, Taylor & Francis Journals, vol. 39(4), pages 68-83.
    4. K. Mlambo & T. W. Oshikoya, 2001. "Macroeconomic Factors and Investment in Africa," Journal of African Economies, Centre for the Study of African Economies, vol. 10(suppl_2), pages 12-47.
    5. Fischer, Stanley, 1993. "The role of macroeconomic factors in growth," Journal of Monetary Economics, Elsevier, vol. 32(3), pages 485-512, December.
    6. repec:wbk:wbpubs:11855 is not listed on IDEAS
    7. Jan Willem Gunning & Taye Mengistae, 2001. "Determinants of African Manufacturing Investment: the Microeconomic Evidence," Journal of African Economies, Centre for the Study of African Economies, vol. 10(suppl_2), pages 48-80.
    8. repec:wbk:wbpubs:4367 is not listed on IDEAS
    9. repec:wbk:wbpubs:8150 is not listed on IDEAS
    10. repec:wbk:wbpubs:12426 is not listed on IDEAS
    11. Fosu, Augustin Kwasi, 1990. "Export composition and the impact of exports on economic growth of developing economies," Economics Letters, Elsevier, vol. 34(1), pages 67-71, September.
    12. repec:wbk:wbpubs:12425 is not listed on IDEAS
    13. Augustin Kwasi Fosu, 2009. "Inequality and the Impact of Growth on Poverty: Comparative Evidence for Sub-Saharan Africa," Journal of Development Studies, Taylor & Francis Journals, vol. 45(5), pages 726-745.
    14. repec:wbk:wbpubs:28241 is not listed on IDEAS
    15. Fosu, Augustin Kwasi, 1990. "Exports and economic growth: The African case," World Development, Elsevier, vol. 18(6), pages 831-835, June.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Tony Addison, 2017. "Thirty years in Africa’s development: from structural adjustment to structural transformation?," Chapters, in: Peter A.G. van Bergeijk & Rolph van der Hoeven (ed.), Sustainable Development Goals and Income Inequality, chapter 7, pages 121-140, Edward Elgar Publishing.
    2. Wim Naudé, 2010. "Development Progress in sub-Saharan Africa: Lessons from Botswana, Ghana, Mauritius and South Africa," WIDER Working Paper Series wp-2010-007, World Institute for Development Economic Research (UNU-WIDER).
    3. Mahamudu Bawumia & Håvard Halland, 2017. "Oil discovery and macroeconomic management: The recent Ghanaian experience," WIDER Working Paper Series wp-2017-185, World Institute for Development Economic Research (UNU-WIDER).
    4. Mahamudu Bawumia & Håvard Halland, 2017. "Oil discovery and macroeconomic management: The recent Ghanaian experience," WIDER Working Paper Series 185, World Institute for Development Economic Research (UNU-WIDER).
    5. Franklin Oduro & Mohammed Awal & Maxwell Agyei Ashon, 2014. "A dynamic mapping of the political settlement in Ghana," Global Development Institute Working Paper Series esid-028-14, GDI, The University of Manchester.
    6. Tony Addison, 2015. "Thirty years in Africa's development: From structural adjustment to structural transformation?," WIDER Working Paper Series 119, World Institute for Development Economic Research (UNU-WIDER).

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