What Were The Main Changes That Jerry Rawlins Made In The Ghanaian Economy Case Study

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2. What were the main changes that Jerry Rawlins made in the Ghanaian political and economic systems? What were the consequences of these changes? What are the lessons here?
The main changes that Rawlings made were in the early 1990’s when he restricted the ban on political parties and created a democratic political system. One other significant main change he made was privatizing over 300 state-owned enterprises (Hill & Hult, 2017). He gave Ghana a chance to integrate with the rest of the world to compete in markets and become enticing for foreign investors. Rawlings political regime had been effective as he built a much stronger economic and social environment for the people. He exposed corruption and enforced strict laws to limit officials from reaping financial gains from oil revenues as well as pricing controls and …show more content…

Consequentially even though Rawlings focused on the people and their values there were some who had mixed reaction toward his policies. Rather than being positive impact they were some who felt the opposite and felt his methods had caused them hardship in urban areas. One example many recourses and production moved were shifted more into the rural areas, so the trade terms were more favorable to producers in some rural locations rather than urban. According to the African Studies Quarterly there we many wages remained an issue because the increases were still not enough to offset the price of goods that were being imported. Beside labor issues, there were other economic and political opposition, business concerns, and students protesting the new education reform programs just to name a few (Adedejî, 2001). Lessons learned for me is that I believe Rawlings made many positive changes in a short time and these changes are not always going to benefit the entire population. It is going to be up to the new government to continue to find ways to build the economy and upgrade

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