Determinants of export-oriented industrial output in Ghana

The case of formal wood processing in an era of economic recovery

Bibliographic Data

ID10142964
AuthorsJohn Owusu (0000-0003-3108-684X, University of Northern Iowa, corresponding author), J Henry Owusu
Year2001
Volume39
Issue1
Pages51-80
Publication date2001-03-01
Open AccessYes
TypeARTICLE
VenueThe Journal of Modern African Studies (JOURNAL)
Journal identifiersISSN: 0022-278X • E-ISSN: 1469-7777
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022278x01003524
OpenAlexW2099040067
LanguageEN
References cited9

Like many other Sub-Saharan African countries, Ghana implemented an orthodox Structural Adjustment Programme (SAP), to resuscitate its ailing economy, in the early 1980s. Subsequently, there has been a dramatic expansion in the production and export of processed wood. Based on an empirical study of Ghana's formal wood processing industry, this paper discusses the various determinants that have combined to boost the export-oriented output in the industry, particularly in the first decade of the programme, and assesses the extent to which the SAP-based policy actions account for the change. The study concludes that adjustment played a major role in the change, and suggests that even though SAP supporters and critics disagree on the nature, dynamics and effects of the programme, government measures under the programme are an indicator of what real commitment on the part of African governments can do to engender production expansion in comparable African manufacturing industries

Business · Economics · Government (linguistics · Macroeconomics · Production (economics · Wood processing · Engineering · Global trade and economics · Global trade, sustainability, and social impact · Mining and Resource Management

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