1973
DOI: 10.1093/oxfordjournals.afraf.a096326
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Ghana's Second Republic: A Post-Mortem

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Cited by 11 publications
(6 citation statements)
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“…One possible explanation for this can be traced to the overdependence on cocoa for its national income. In 1970, the country's cocoa income accounted for 70% of export income and 30% of government revenue (Goldsworthy 1973). The country actually had trade surpluses in 1969 and 1970 of 39 million and 47 million cedis respectively largely due to the contribution of cocoa sales (Goldsworthy 1973).…”
Section: Entrepreneurial Development National Culture Entrepreneurimentioning
confidence: 99%
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“…One possible explanation for this can be traced to the overdependence on cocoa for its national income. In 1970, the country's cocoa income accounted for 70% of export income and 30% of government revenue (Goldsworthy 1973). The country actually had trade surpluses in 1969 and 1970 of 39 million and 47 million cedis respectively largely due to the contribution of cocoa sales (Goldsworthy 1973).…”
Section: Entrepreneurial Development National Culture Entrepreneurimentioning
confidence: 99%
“…In 1970, the country's cocoa income accounted for 70% of export income and 30% of government revenue (Goldsworthy 1973). The country actually had trade surpluses in 1969 and 1970 of 39 million and 47 million cedis respectively largely due to the contribution of cocoa sales (Goldsworthy 1973). It is worth mentioning also that the decline of the world cocoa prices from £330 per ton in 1970 to £230 in 1971 further worsened the debt situation of the nation (Goldsworthy 1973).…”
Section: Entrepreneurial Development National Culture Entrepreneurimentioning
confidence: 99%
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“…Before Busia was elected prime minister, the country was plagued with a serious economic crisis including shortage of foreign currency, huge domestic and foreign debt, runaway inflation and high rate of unemployment. The political transition from the NLC regime to the Busia-led Progress Party (PP) was hailed by students as a solution to the economic crisis (Goldsworthy, 1973). Unfortunately, the economic hardships continued under Busia.…”
Section: Student Activism In the Busia Regime: 1969-1972mentioning
confidence: 99%
“…Despite enormous political shredding, the economic policy environment and the practice of clientelist political exchange in the postNkrumah persisted. Brief experiments in redemocratization in 1969-72 (the Second Republic) and 1979-81 (the Third Republic) modified but did not eradicate neo-patrimonial patterns (Goldsworthy 1973;Chazan 1987;Ocquaye 1990;Rimmer 1992).…”
Section: Neo Patrimonial Governance and The Ghanaian Statementioning
confidence: 99%