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INTERNATIONAL MONETARY FUND

Ghana: Adjustment and Growth, 1983-91

Ghana: Adjustment and Growth, 1983-91

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The first sub-Saharan African country to pursue broad economic and structural reform - aided by external finance and technical aid - Ghana is an example of adjustment with growth. Ghana's experience, discussed in this paper, illustrates the need for complementary policy actions and the right sequencing and speed of reforms.
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