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Routledge Development and the Debt Trap: Ghana Economic Planning Study

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Description

This comprehensive analysis examines Ghana's foreign debt accumulation over twenty years, offering critical insights into the relationship between economic planning and external borrowing in developing nations. First published in 1974 by the Overseas Development Institute, the study reveals how Ghana became one of the earliest and most serious examples of debt build-up amongst developing countries pursuing growth policies. The research highlights the fundamental problems inherent in debtor-creditor relationships between developed and developing economies, demonstrating how creditors contributed to Ghana's critical debt position by supplying funds without adequately analysing programme viability. Essential reading for understanding the historical patterns and structural issues that shaped developing economies' engagement with international finance.

Key Features

Analyses Ghana's economy over a twenty-year period to demonstrate patterns of foreign debt accumulation and economic policy decisions.

Examines the debtor-creditor relationship dynamics between developed and developing countries using Ghana as a case study.

Assesses how creditors' lending practices without proper programme viability analysis contributed to Ghana's critical debt position.

Originally published in 1974 by the Overseas Development Institute, offering historical perspective on developing nation economics.

Provides foundational understanding of economic planning failures and external borrowing risks in post-colonial development strategies.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
26 November 2010
Listed Since
19 April 2010

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