The widely-acclaimed Economic Recovery Program launched by Ghana in 1983 faced the challenge of sustaining the gains achieved in terms of economic liberalization and macroeconomic stability. The country needed to enter a phase of accelerated export-led growth and social equity that would deliver...

Botswana is one of a small group of countries in the contemporary era, virtually the only African country that has sustained rapid economic growth over an extended period. Over the past three decades, Botswana's real per capita income grew by more than 7 percent per annum, which is comparable to...