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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Import programming in Ghana, 1966-69
Author:Bhatia, Rattan J.
Year:1973
Periodical:Finance & Development - International Monetary Fund and World Bank
Volume:10
Issue:1
Pages:20-24
Language:English
Geographic term:Ghana
Subject:imports
Abstract:Rationale for import programming in Ghana after 1965 was that the country had suffered serious structural maladjustments as a result of previous economic policies, which made it difficult to rely upon the free play of market forces to ensure a rational allocation of available exchange. Import programming continued after the devaluation of July 1967. Drawn within the constraints of acute foreign exchange shortage, the import program aimed at: providing a minimum of essential consumer goods; allowing a level of raw materials and spare parts consistent with planned utilization of the existing productive, capacity of the economy; ensuring imports of capital goods in an amount consistent with a planned target of investment expenditures aimed at increasing existing capacity. Discussed is Ghana's experience in this matter. Tables, ill.
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