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Economies After Colonialism : Ghana and the Struggle for Power PDF

382 Pages·2018·4.104 MB·English
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Economies after Colonialism Despite Ghana’s strong democratic track record in recent decades, its economy remains underdeveloped. Industrial policies are necessary to transform the colonial trading economy that Ghana inherited at independence,butsuccessivegovernmentshavebeenunwillingorunable toimplementthem.Inthishighlyoriginalinterpretation,supportedbynew empirical material, Lindsay Whitfield exposes the reasons that the Ghanaian economy remains underdeveloped and sets her theory in the wider African context. She offers a new way of thinking about the political economy of Africa that charts a clear path away from defining Africa in terms of neopatrimonial politics and that provides new conceptual tools for addressing what kind of business-state relations are necessary to drive economic development. As a study of Ghana that addresses both the economy and politics from early colonialism to the present day, this is a must-read for any student or scholar interested in thepoliticaleconomyofdevelopmentinAfrica. lindsay whitfield isAssociateProfessorintheDepartmentofSocial SciencesandBusinessatRoskildeUniversity,Denmark.Sheistheauthor of The Politics of African Industrial Policy: A Comparative Perspective (CambridgeUniversityPress,2015),ThePoliticsofAid:AfricanStrategies for Dealing with Donors (2008), and Turning Points in African Democracy(2008). Economies after Colonialism Ghana and the Struggle for Power lindsay whitfield RoskildeUniversity UniversityPrintingHouse,CambridgeCB28BS,UnitedKingdom OneLibertyPlaza,20thFloor,NewYork,NY10006,USA 477WilliamstownRoad,PortMelbourne,VIC3207,Australia 314–321,3rdFloor,Plot3,SplendorForum,JasolaDistrictCentre, NewDelhi–110025,India 79AnsonRoad,#06–04/06,Singapore079906 CambridgeUniversityPressispartoftheUniversityofCambridge. ItfurtherstheUniversity’smissionbydisseminatingknowledgeinthepursuitof education,learning,andresearchatthehighestinternationallevelsofexcellence. www.cambridge.org Informationonthistitle:www.cambridge.org/9781108426145 DOI:10.1017/9781108545877 ©LindsayWhitfield2018 Thispublicationisincopyright.Subjecttostatutoryexception andtotheprovisionsofrelevantcollectivelicensingagreements, noreproductionofanypartmaytakeplacewithoutthewritten permissionofCambridgeUniversityPress. Firstpublished2018 PrintedintheUnitedKingdombyClays,StIvesplc AcataloguerecordforthispublicationisavailablefromtheBritishLibrary. LibraryofCongressCataloging-in-PublicationData Names:Whitfield,Lindsay,1978–author. Title:Economiesaftercolonialism:Ghanaandthestrugglefor power/LindsayWhitfield. Description:NewYork:CambridgeUniversityPress,2018. Identifiers:LCCN2018012353|ISBN9781108426145(hardback) Subjects: LCSH: Ghana – Economic policy – 21st century. | Ghana – Economic conditions–21stcentury.|Ghana–Commerce.|Economicdevelopment–Ghana. Classification:LCCHC1060.W452018|DDC330.9667–dc23 LCrecordavailableathttps://lccn.loc.gov/2018012353 ISBN978-1-108-42614-5Hardback CambridgeUniversityPresshasnoresponsibilityforthepersistenceoraccuracyof URLsforexternalorthird-partyinternetwebsitesreferredtointhispublication anddoesnotguaranteethatanycontentonsuchwebsitesis,orwillremain, accurateorappropriate. InmemoryofRaufu Contents ListofFigures pageviii ListofTables ix Acknowledgments x MapofGhana xv Introduction:TheGhanaianEconomy,FragileStill 1 1 GhanaianPoliticalEconomyandthePoliticsof IndustrialPolicy 25 2 OriginsofCompetitiveClientelismandWeakDomestic Capitalists 57 3 ReturntoCompetitiveClientelismintheFourthRepublic 99 4 EconomicGrowth,ButReturntotheColonialTrading Economy 133 5 ChallengestoDiversifyingExports:AccessingGlobal MarketsandLearningtoLearn 178 6 ChallengestoModernizingAgro-Processing:Struggles overInputs,OrganizingSmallholdersandEnforcing Contracts 215 7 NPPGovernmentandtheNotSo“GoldenAgeofBusiness” 241 8 NDCIIGovernmentandManagingtheNewOilWealth 275 Conclusion:CanIndustrialPolicyWorkinGhana? 309 AppendixA: MCACompact 329 AppendixB: Interviews 332 Bibliography 338 Index 358 vii Figures 1.1 GhanaGDPGrowth,1961–2016 page29 4.1 WorldCocoaPrice(US$permetricton),1985–2015 137 4.2 TotalExportsandNon-TraditionalExports (ThousandUS$),1995–2014 139 4.3 WorldGoldPrice(US$perounce),1985–2015 143 4.4 ManufacturingGrowthasaComponentofIndustry (%ofGDP),1967–2016 157 5.1 MajorPineappleExporterstotheEuropeanMarket, 1995–2014(tons) 203 5.2 Ghana’sSea-andAir-FreightWholePineappleExports, 1994–2014 210 7.1 MCAInterventionZonesandDistricts 266 8.1 Ghana’sOffshoreLicensedOilAreas 279 viii

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