ABSTRACT
In October 1969, the National Liberation Council (NLC) disengaged itself from politics. It seemed satisfied that the socioeconomic and political order that Nkrumah established was at least restructured, if not dismantled. On handing over power, the NLC noted that Ghana had achieved a sufficient measure of economic stability and the conditions for new growth had been restored, but much had to be done by the incoming civilian regime (cf. Killick, 1978:56). As far as future development was concerned, the NLC was confident that the new regime would continue its neoliberal economic policies and never subject Ghana to what it saw as a socialist pattern of development and dictatorial rule. Yet, in 1972, barely three years after handling over power, the army staged another coup and ousted the civilian regime it had installed.
