Closing Case: Ghana: An African Dynamo

QUESTION 1: Alter gaining independence from Britain Ghana's economy languished for three decades. Why was this case? What does the Ghana experience teach you about the connection between economic and political systems and economic growth? Discuss each concept and element of the question within the framework of an actual and specific example.

QUESTION 2: What were the main changes that Gen, Rawlings made in the Ghanian political and CCOMMC systems? What were the consequences of Mae changes? What are the lessons here?

QUESTION 3: What external forces helped to persuade Rawlings to change political and economic practices in Ghana? Do you think he would have made the changes he did without these external forces?

QUESTION 4: If Ghana had discovered large oil reserves in the 19100, instead of the 20000, do you think things would have played out differently? Why? Discuss each concept and element of the question within the framework of an actual and specific example.

QUESTION 5: What is the difference between the approach of Nigeria toward oil revenues and that of Ghana (the Nigerian experience is documented in the Country Focus in this chapter)? Which approach is in the best long-run interests of the country?

QUESTION 6: What aces Ghana need to do to remain on its current track of sustained economic growth?