Annual World Bank Conference on Development Economics 1995
This review examines the relevance and efficacy of the World Bank's overall country assistance strategy for Ghana and the effectiveness of the various instruments of Bank assistance. The review finds that Bank loans of more than US$2 billion since 1984, including more than US$1 billion for adjustment operations, contributed to Ghana's progress. It cautions, however, that progress will be unsustainable unless the country proceeds with a large unfinished agenda of reforms designed to stimulate private sector development and enhance the prospects for sustainable agricultural growth.
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