Studies have indicated that economies of countries with democratic institutions tend to grow faster than those in which this freedom is proscribed or circumscribed. We test this theory in the case of Africa. We are also cognizant of the opposition to this theory by some scholars and policy analysts who have argued that the economies of some nondemocratic socialist countries, such as China, have...

We are grateful to Omar Reyes, Arlena Nwosu, and Alan Cooper for their thorough and insightful reading of several drafts. We thank our wives, Thelma and Emma, and our families for their loving support. This book is for them.

Determining the best political and economic institutions for economic development is a quintessential issue in human history. In other words, what type of political and economic institutions can best address the central human concerns of development? Prior to the early 1990s, the world was characterized by two major modes...

A political economy framework is employed in the analysis of democratic governance in Africa. Political economy has a variety of definitions which can determine how it is applied in policy analysis. One definition refers to political economy as the study of the political basis of economic actions, that is, the ways in which government policies affect market operations. Another definition refers to...

Since the 1960s and 1970s when most SSA countries gained independence from colonial rule, achieving freedom, economic growth, and development has been a central objective of governments in the region, as well as international donor organizations. The Organization of...

Examining the relationship between democracy and economic growth is an important issue in most political economies including those of Africa. For this purpose, we examine the impact of democratic governance on economic growth using Ghana and South Africa as case studies in this chapter (to be followed by the case of Nigeria...

Although Nigeria is not among the countries that have been ranked free in Africa for decades, it is, however, one of the countries that have embarked on the pursuit of democratic market institutions. However, the political process in pursuing such institutions has been turbulent. During most of the years after independence, Nigeria has been under military rule. During its fifty-seven years of...

Since the 1960s and 1970s, when most SSA countries gained independence from colonial rule, achieving economic growth and development has been a central objective of governments in the region, as well as international donor organizations. The Organization of African Unity—now the African Union—was established to...

Since the late 1950s, African countries have struggled for independence and have also faced the challenge of promoting democracy and good governance. As many of the countries gained independence, their leaders realized that through a unified body or organization of their countries they could hasten the independence of other countries on the continent. To this effect, the representatives of...

Ghana

Variables

Description of the Rules of Origin Requirements

Country

Abacha, Sani. 1994. “Domestic Policy.” Nigerian Economist 7 (31): 1–2.

1982 Stabilization Act,5.26 ,

He has lived and worked in Liberia, where he served as a legal advisor and senior economist in the Ministry of Finance and as Assistant Minister of Justice for Economic Affairs. He has worked as consultant for the United Nations Development Programme on governance and natural resource development in several West African countries.