Since independence in 1957, Ghana has tried a number of approaches to achieving acceptable rates of growth and development. A period of rapid industrialization in the 1960s, then control measures and further state interventions in the 1970s, was followed by a comprehensive programme from the...

This book examines the relevance of macroeconomic theory and models behind recommendations for stabilization and structural adjustment on the basis of a review of developments in sub-Saharan Africa during the 1980s