Republic of Ghana: A Country’s Growth Path

Author :

Stephanie Townsend

Pages :

38

Product Type :

Case

Reference # :

213-049-9

Teaching Note :

213-049-9

Institute:

UFS Business School

Setting:

Economic growth and economic transformation challenges for Ghana.

Year:

2013

Keywords:

Economic growth, Economic transformation, Socio-economic development

Summary/Abstract:

Ghana is widely regarded as an African success story as a result of its political stability and consistent and imppressive economic growht over the past ten years. Despite an annual average economic growth rate of 7%, Ghana still struggles with huge unemployment. Given all its challenges, is extraordinary political and economic growth enough for Ghana to be worthy the label, "African success story"?