Working Paper: CEPR ID: DP18479
Authors: Ravi Kanbur
Abstract: In 1953, W. Arthur Lewis presented a report entitled “Industrialization and the Gold Coast” to K.A. Gbedemah, Minster of Commerce and Industry. This paper presents a close reading of the report and puts it in the historical context of Ghana’s development, and in the context of thinking on industrial policy for developing countries. It assesses which of the insights were most relevant to Ghana at mid-Century, and which of them remain relevant even today as Ghanaian policy makers struggle with the realities of a resource dependent, non-diversified economy.
Keywords: No keywords provided
JEL Codes: No JEL codes provided
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| Increasing agricultural productivity (Q16) | Industrialization (O14) |
| Agricultural support (Q18) | Industrial outcomes (L69) |
| Agricultural productivity (Q11) | Capital and labor for industrial growth (E22) |
| Historical agricultural policies (Q18) | Current economic challenges in Ghana (E69) |