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Working Paper
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– Lessons for Transition Economies in Africa
To halt the deterioration of their national economy most African governments embarked on IMF and World Bank supported Structural Adjustment Programmes. These programmes have been criticised as neglecting social costs and promoting export-led growth in the context of unfavourable terms of trade. More...
Working Paper
pdf
Set against a background of almost continuous economic decline since independence in 1957, the stabilization and adjustment programme pursued by Ghana since 1982-83 is a qualified but also a considerable success. Certainly it has achieved stabilization and the first steps towards recovery. Some...
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