Analysis of the direction in which Ghana's policy makers will need to steer the economy for Ghana to fulfil the promise of its independence over 50 years ago.As Ghana enters its second half-century there is a widespread perception of failure of the economic and political system in delivering improved living standards to the population. This failure comes despite a solid transition to democracy, despite a recorded recovery from the economic malaise of previous decades and despite a reduction on measured levels of poverty. The contributors in this book analyse the reasons for this failure and sets out an analytical agenda as the basis of the course that the nations' policy makers will have to steer if Ghana is to fulfil the promise of its independence in 1957. ERNEST ARYEETEY is Director of the Institute of Statistical, Social& Economic Research, University of Ghana at Legon; RAVI KANBUR is Professor of Economics at Cornell University. The contributors include: Ernest Aryeetey, Ravi Kanbur, Tony Killick, Augustin Fosu, Charles E. Youngblood,David L. Franklin, Stephen Kyereme, Frank W. Agbola, Susanna Wolf, Daniel Bruce Sarpong, Peter Quartey, Theresa Blankson, Thierry Buchs, Johan Mathiesen, William F. Steel, David O. Andah, Harold Coulombe, Anthony Tsekpo, CharlesD. Jebuni, Andy Mckay, Nii K.Sowa, Kojo Appiah-Kubi, Abena Oduro, Bernadin Senadza, Felix A. Asante, Joseph R.A. Ayee, Kwabena Gyimah-Brempong, Elizabeth N. Appiah, Niels-Hugo Blunch, G.J.M. Van Den Boom, N.N.N. Nsowah-Nuamah, and, G.B. Overbosch. Ghana: Woeli Publishing Services(PB)

Ghana's economy at half-century - Ernest Aryeetey and Ravi KanburWhat drives change in Ghana? - Tony KillickGhana's post-independence economic growth: 1960-2000 - Ernest Aryeetey and Augustin FosuPersistent public sector deficits ¯oeconomic instability in Ghana - David L. FranklinPersistent public sector deficits & macroeconomic instability in Ghana - Curtis E. YoungbloodEffects of exchange-rate volatility & changes in macroeconomic fundamentals on economic growth in Ghana - Stephen S. KyeremeGhana's exchange-rate reform & its impact on balance of trade - Frank AgbolaExport performance & investment behaviour of firms in Ghana - Daniel Bruce Sarpong and Susanna WolfHousehold savings in Ghana: does policy matter? - Theresa Blankson and Peter QuarteyBanking competition & efficiency in Ghana - Johan Mathiesen and Thierry BuchsRural & microfinance regulation in Ghana: implications for development of the industry - William SteelRural & microfinance regulation in Ghana: implications for development of the industry - David AndahGhana census-based poverty map - Harold CoulombeBudget implementation & poverty reduction in Ghana - Tony Tsekpo and Charles D. JebuniDoes inflation in Ghana hit the poor harder? - Nii Kwaku Sowa and Andy McKayUnderstanding poverty in Ghana: risk & vulnerability - Bernardin SenadzaUnderstanding povertyin Ghana: risk & vulnerability - Abena D. OduroUnderstanding poverty in Ghana: risk & vulnerability - Kojo Appiah-KubiDecentralization & poverty reduction - Joseph R.A. Ayee and Felix A. AsanteTechnical efficiency in Ghanaian secondary education - Kwabena Gyimah-Brempong and Elizabeth N. AppiahMaternal literacy & numeracy skills & child health in Ghana - Niels-Hugo BlunchHealth-care provision & self-medication in Ghana - G.B. Overbosch and N.N.N. Nsowah-Nuamah and