LEADER 04671nam 2200637 450 001 9910788589403321 005 20230807210836.0 010 $a1-136-88788-1 010 $a0-203-83990-0 035 $a(CKB)3190000000082547 035 $a(EBL)614892 035 $a(SSID)ssj0000802193 035 $a(PQKBManifestationID)11436409 035 $a(PQKBTitleCode)TC0000802193 035 $a(PQKBWorkID)10795787 035 $a(PQKB)11475015 035 $a(MiAaPQ)EBC614892 035 $a(Au-PeEL)EBL614892 035 $a(CaPaEBR)ebr10949971 035 $a(CaONFJC)MIL783871 035 $a(OCoLC)892799843 035 $a(EXLCZ)993190000000082547 100 $a20141014h20151974 uy| 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDevelopment and the debt trap $eeconomic planning and external borrowing in Ghana /$fAndrzej Krassowski 210 1$aLondon ;$aNew York :$cRoutledge,$d2015. 210 4$dİ1974 215 $a1 online resource (179 p.) 225 1 $aRoutledge library editions. Development ;$vvolume 15 300 $aDescription based upon print version of record. 311 $a0-415-84835-0 311 $a0-415-59282-8 320 $aIncludes bibliographical references and index. 327 $aCover; Title; Copyright; Original Title; Original Copyright; Contents; Acknowledgements; 1. Introduction; 2. The Root of the Problem: Economic and Political Conditions and Objectives in the Decade before Independence; 1. Strengths and weaknesses of Ghana's economy in the run-up to the 1951 elections; 2. The Ten-Year Plan of 1951: the government's response to economic discontent; 3. The evolution of Nkrumah's economic programme for independence; 4. Aid and foreign private investment up to independence; 3. The Transition from Financial Self-reliance to External Dependence 1957-1961 327 $a1. Preparations for Ghana''s first post-independence Plan2. The formulation of the Five-Year Plan (1959-1964); 3. The 1961 crisis and its effect on policy; 4. The forging of new links with suppliers of external resources; i) Official aid from the West; ii) The Volta River Project; iii) Private foreign investment; iv) East European loans; v) Supplier credits; 4. The Plunge into Insolvency (1962-1965); 1. Government control over the economy; 2. The formulation of the Seven-Year Plan (1964-70); 3. The relationship between public investment, state enterprise and external finance 327 $a4. External credits: origins, types, terms and uses i) Official aid from the West; ii) Private foreign investment; iii) Supplier credits and East European loans; 5. The Nkrumah Legacy; 1. Ghana's public finances, balance of payments and economy at the time of the coup; 2. Major changes in Ghana's economy between 1950-53 and 1962-5; i) Employment and the supply of skills; ii) Trends in domestic income and expenditure; iii) Changes in the sectoral distribution of income; iv) The growth of the public sector; v) The balance of payments; 3. The hard-core problems left from the Nkrumah era 327 $a6. Post-Nkrumah Efforts at Rehabilitation and Debt Settlement1. The programme of stabilisation under the NLC; 2. Economic reforms under the NLC and Busia administrations; 3. Efforts to reschedule the foreign debt; 4. Aid from the West; 7. Summary and Lessons; 1. Nkrumah's economic programme; 2. The debt; Statistical Appendix; 1. Note on Ghana's statistics; 2. Currency and exchange rates; 3. Sources for Appendix and other Tables; Index 330 $aGhana is one of the earliest and most serious examples of the build up of foreign debt by a developing country to support its policies for economic growth. This study, first published in 1974 in conjunction with the Overseas Development Institute, analyses Ghana's economy over twenty years and highlights the problems of the debtor/creditor relationship between developed and developing countries.The study concludes with an assessment of the creditors' contribution to Ghana's critical debt position through their readiness to supply funds without adequately analysing the viability of the programme. 410 0$aRoutledge library editions.$pDevelopment ;$vv. 15. 606 $aDebts, External$zGhana 607 $aGhana$xEconomic policy 607 $aGhana$xEconomic conditions$y1957-1979 615 0$aDebts, External 676 $a336.343509667 700 $aKrassowski$b Andrzej$01531359 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910788589403321 996 $aDevelopment and the debt trap$93776967 997 $aUNINA