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Book Cover
E-book
Author Krassowski, Andrzej

Title Development and the debt trap : economic planning and external borrowing in Ghana / Andrzej Krassowski
Published London : Routledge, 2011, ©1974

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Description 1 online resource (ix, 166 pages)
Series Routledge Library Editions: Development
Routledge library editions. Development.
Contents 1. Introduction -- 2. The root of the problem : economic and political conditions and objectives in the decade before independence -- 3. The transition from financial self-reliance to external dependence 1957-1961 -- 4. The plunge into insolvency (1962-1965) -- 5. The Nkrumah legacy -- 6. Post-Nkrumah efforts at rehabilitation and debt settlement -- 7. Summary and lessons
Summary Ghana is one of the earliest and most serious examples of the build up of foreign debt by a developing country to support its policies for economic growth. This study, first published in 1974 in conjunction with the Overseas Development Institute, analyses Ghana's economy over twenty years and highlights the problems of the debtor/creditor relationship between developed and developing countries. The study concludes with an assessment of the creditors' contribution to Ghana's critical debt position through their readiness to supply funds without adequately analysing the viability of the programm
Notes Originally published in 1974
Bibliography Includes bibliographical references and index
Subject Debts, External -- Ghana
BUSINESS & ECONOMICS -- Industries -- General.
Debts, External
Economic history
Economic policy
SUBJECT Ghana -- Economic policy
Ghana -- Economic conditions -- 1957-1979. http://id.loc.gov/authorities/subjects/sh85054758
Subject Ghana
Form Electronic book
ISBN 9780203839904
0203839900