Case | HBS Case Collection | April 2006 (Revised April 2012)

Ghana: National Economic Strategy

by Michael E. Porter and Kjell Ke-Li Carlsson

Abstract

Set in the year 2001, as President John Kufuor contemplates a national economic strategy following his election in the first democratic transfer of power in Ghana's history. Focuses on Ghana's long history of poor economic performance and intractable poverty, highlighting the challenges of economic development in Africa and in other low-income countries. Provides a brief political and economic history of Ghana, focusing on the Nkrumah era of 1957-1966, the World Bank and IMF-led structural reforms of the 1980s, and the continuation of reforms after the first democratic elections in 1992. Details Ghana's economic and political context and cluster performance in 2001 and summarizes initiatives taken by the Kufuor administration to promote development. Detailed historical economic and social data allow an evaluation of policy results.

Keywords: History; Economic Growth; Government Administration; Developing Countries and Economies; Growth and Development Strategy; Ghana;

Citation:

Porter, Michael E., and Kjell Ke-Li Carlsson. "Ghana: National Economic Strategy." Harvard Business School Case 706-497, April 2006. (Revised April 2012.)