ABSTRACT
In examining the fault lines of Ghana’s Adjustment Programme, it is almost imperative to begin with the specific ideological/political underpinning of the Programme. Liberalisation of the economy and particularly of international trade, has since the 1980s become the dominant ideology on the basis of which much of North - South economic interactions take place. The adjustment Programme refuses to differentiate between the various forms of state intervention. For example, the state’s positive role in the procurement and distribution of agricultural inputs as well as credit to small scale agriculture is being put on the same weighing scale as the disastrous state ownership and operation of plantations. The agricultural sector as a whole has been one of the spectacular failures of Ghana’s adjustment Programme. Industrialisation is thus of major import to Ghana’s developmental aspirations. Every country that has achieved sustained development has witnessed structural transformation from primary production towards industry.
