An Inclusive Litany

6/5/95

Development Business, February 16, 1995:
Ghana [is] the International Monetary Fund (IMF) and World Bank's star pupil in Africa....

Yet, as the World Bank notes in Ghana: 2000 and Beyond, with an annual per capita income of US$390, the country remains among the poorest in the world....

The real success of the recovery program [in the view of Ravi Kanbur, who recently returned to Washington after several years as the World Bank's representative in Accra] has been to raise government revenue from 5 to 15 percent of GDP.