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The paper explores the paths towards building institutional foundations for inclusive development in Sub-Saharan Africa. Viewing institutional configurations as a system of multiple equilibria, the concepts of endogenous institutions and institutional changes are used to address the question of...
Persistent link: https://www.econbiz.de/10011418567
The article explores the various co-ordination mechanisms between the state and the business community in Ghana, and the implications for economic growth in the country. We focus on three periods in the economic history of state-business relations: the immediate post-independence period and the...
Persistent link: https://www.econbiz.de/10011418609
Oil resources are neither a curse nor a blessing. The sound management of these resources can make them beneficial or otherwise. In order to translate Ghana's oil resources into inclusive development amid high expectations, several laws and regulations have been passed and new institutions...
Persistent link: https://www.econbiz.de/10011943896
Ghana's status as one of the African Lions is linked to the country's remarkable growth performance, which culminated in the attainment of lower middle-income status. However, employment response to growth has been weak. Additionally, growth has been accompanied by substantial reduction in...
Persistent link: https://www.econbiz.de/10011440655