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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Determinants of Export-Oriented Industrial Output in Ghana: The Case of Formal Wood Processing in an Era of Economic Recovery
Author:Owusu, J. Henry
Year:2001
Periodical:Journal of Modern African Studies
Volume:39
Issue:1
Period:March
Pages:51-80
Language:English
Geographic term:Ghana
Subjects:economic policy
exports
wood industry
Development and Technology
Economics and Trade
External link:https://www.jstor.org/stable/3557290
Abstract:In 1983, Ghana embarked on an Economic Recovery Programme (ERP) under the terms of structural adjustment. Since then, the increase in the production and export of processed woods has been dramatic. This article explores the various determinants that have combined to boost export-oriented output in the formal wood processing industry, primarily in the first decade of Ghana's structural adjustment programme (SAP). It does so by examining the extent to which government policy actions under the programme account for the change. The factors determining output for export are discussed under three categories relating to capital, labour, and institutional and other factors. The study concludes that adjustment played a major role in the change, and suggests that even though SAP supporters and critics disagree on the nature, dynamics and effects of the programme, government measures under the programme are an indicator of what real commitment on the part of African governments can do to engender production expansion in comparable African manufacturing industries. The study is based on primary and secondary data collected in Ghana between 1991 and 1998. Bibliogr., note, sum.
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