ABSTRACT

Over three decades, Ghana has attempted different economic reforms programs, mostly sponsored by IFIs, like the IMF and the World Bank, to help ensure a more stable and sustainable macroeconomic structure which ensures poverty reduction and national economic growth. These reform programs have been initiated along with the changing politics of the country, from its 1957 independence with a one-party state, to successive military interventions albeit with brief interludes of civilian rule to the embrace of democratic governance in the early 1990s. Amidst these attempts at political and economic change, this West African country has received continuous global recognition and praise for its tremendous reform efforts. Is there evidence to support these accolades and claims with regard to Ghana’s economic reform performance in the past three decades? How have external and domestic actors contributed to shaping these reforms and the aftermath of these programs? Based on discussions, research, and debates presented in the entire volume, this concluding chapter reflects on the stated questions while pondering on whether Ghana’s economic reform efforts have been evaluated based on the existing results/outcomes or the political willingness/resolve to continue embracing diverse economic reform programs.