From International Growth Centre, An Enterprise Map of Ghana by John Sutton:
Ghana has been one of Africa’s fastest growing economies over the past decade. Between 2000 and 2009, gross domestic product (GDP) per capita rose by 63%.1 If the growth rates of the past decade are projected forward, the much-discussed aim of Ghana becoming a middle-income country in the fairly near future looks plausible. The recent discoveries of oil make this goal seem even more achievable. But if such growth rates are to be maintained, Ghana will almost certainly need to undergo a major advance in terms of its industrial capabilities. The best point of departure to see what is needed is to ask what Ghana’s current industrial capabilities are and where those capabilities came from.
