question archive Background Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy
Background Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy
Subject:EconomicsPrice: Bought3
Background Imagine that you work for the World Bank and you have been called to Ghana to aid the new president to come up with a new international trade strategy. You are told that the new government is interested in moving away from agriculture and into manufacturing. To do so, the government wants to pursuit a policy of import substitution industrialization (ISI). You are given a brief about Ghana highlighting the following points: • About half of Ghana's population depends on agriculture, but Ghana still imports some of its food. • The majority of Ghana's people live in rural areas and exist on a subsistence way of life. Ghana has one of the highest rates of income inequality in the world. • Nearly half of the population is employed in agriculture.
