The Politics of Government-Business Relations in Ghana, 1982-2008

Hardcover | September 15, 2010

byDarko Kwabena Opoku

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Since the early 1980s, the World Bank, backed by aid donor countries, has been involved in a determined effort to stimulate capitalist growth in Africa by prescribing a set of orthodox, neoliberal economic policies. Even in the relative success stories, such as in Ghana, there has been a notable failure to achieve the East Asian-style economic takeoff that some World Bank officials still optimistically envisioned in the early 1990s. Using Ghana as a case study, this book considers why this is the case, and what the implications are for the adequacy of orthodox, neoliberal policies.

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Since the early 1980s, the World Bank, backed by aid donor countries, has been involved in a determined effort to stimulate capitalist growth in Africa by prescribing a set of orthodox, neoliberal economic policies. Even in the relative success stories, such as in Ghana, there has been a notable failure to achieve the East Asian-style ...

Darko Kwabena Opoku is Visiting Assistant Professor in African American Studies at Oberlin College. He has published in Africa Today, Journal of Contemporary African Studies and Commonwealth and Comparative Politics. His research interests include African political economy, state-capital relations in Africa and the political economy o...
Format:HardcoverDimensions:278 pages, 8.28 × 5.83 × 0.75 inPublished:September 15, 2010Publisher:Palgrave MacmillanLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0230105564

ISBN - 13:9780230105560

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Table of Contents

Ghanaian Entrepreneurs and Ghanaian Governments * The First Eighteen Months of PNDC Rule * The Achievements and Limitations of Economic Reform * Strains in Government-Business Relations, 1983–1991 * Government-Business Relations in the Democratic Era * The Changing Face of Ghanaian Business: The Rise of P/NDC Stalwarts * NDC-Business Relations: The Case of Brong-Ahafo * Constraints of the Institutional Environment on Capitalist Expansion * The Theoretical Implications of Ghana’s Experience

Editorial Reviews

“The Politics of Government-Business Relations in Ghana, 1982-2008 is a fascinating review of the response by the Ghanaian private business sector to neo-liberal economic reforms. Opoku draws on both liberal and ‘governed market’ approaches to account for the failure of neo-liberal reforms to galvanize the Ghanaian private sector industrial and manufacturing activity. The author is an astute, measured observer of Ghanaian political economy and his account is grounded in an impressive number of interviews with Ghanaian businesspeople. The result is an empirically rich and convincing narrative. While Opoku obviously knows Ghana very well, he is also able to stand back sufficiently from the minutiae, the often fierce partisanship and the many contradictory versions of events to provide a coherent account. In a field where good fieldwork and carefully observed empirics are far rarer than they ought to be, this is to be commended. This book contains much valuable material that will augment a substantial literature, of interest to a large number of scholars, on the Ghanaian political economy.”—Antoinette Handley, Associate Professor, Department of Political Science, University of Toronto“This book is a welcome contribution to the emerging scholarship on business-state relations in Africa. It should be high on the reading list of anyone with an interest in business and politics in Ghana and the region.”—Scott D. Taylor, Associate Professor and Director, African Studies Program, School of Foreign Service, Georgetown University