Recent Policy Reform and Industrial Adjustment in Zambia and Ghana
Bibliographic Data
| ID | 4253272 |
|---|---|
| Authors | William F Steel (0000-0002-0548-3780, World Bank, corresponding author) |
| Year | 1988 |
| Volume | 26 |
| Issue | 1 |
| Pages | 157-164 |
| Publication date | 1988-03-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Modern African Studies (JOURNAL) |
| Journal identifiers | ISSN: 0022-278X • E-ISSN: 1469-7777 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022278x00010387 |
| OpenAlex | W2133292440 |
| Language | EN |
| Citations received | 2 |
It has been argued recently that implementing a laissez-faire approach to economic development faces serious difficulties in Africa.1 This article provides some empirical evidence on the question by comparing the recent efforts of two countries to move towards less interventionist policies. Both Zambia and Ghana attempted to reverse their deteriorating economic performance by introducing major reform measures during the mid-1980s. Their different experiences illustrate both the positive effects that laissez-faire policies can have when resource allocation has been constrained by extensive controls, and the difficulties of sustaining and financing a reform programme
Development economics · Economic growth · Economic policy · Economic reform · Economic system · Economics · Laissez-faire · Market economy · Political science · Politics · Public economics · Resource allocation · Economic Growth and Development · International Development and Aid
| Citations per year | 0.06 |
|---|---|
| Citation span | 1991 - 2001 (11) |
| Highly cited | No |