The Role of Regional and Bilateral Trade Agreements in the Economic Development of Ghana : Case: Ghana-China Relations
Danquah, Albert (2017)
Lahden ammattikorkeakoulu
2017
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2017060512275
https://urn.fi/URN:NBN:fi:amk-2017060512275
Tiivistelmä
After the post-independence era of Ghana, development has been at a slow or retrogressive pace. This has resulted in a GDP of 3.6% in 2016, the lowest in 20 years.
The purpose of the research is to analyze the role of regional and bilateral trade agreements to Ghana’s economic development after the post-independence era. To meet the thesis objective both qualitative and quantitative research methods were applied. The author designed an unstructured interview style to gather relevant primary information from credible sources via Skype. Secondary data were obtained from electronic and printed sources.
The research findings demonstrated that trade is an important tool for rapid economic development if the issues of corruption, industrialization and the application of new economic concepts were implemented.
Finally, the results from the research could be generalized in accessing the fundamental economic problems of Ghana. However, further research in trade financing and the economic policy of countries could further enhance rapid economic growth in Ghana.
The purpose of the research is to analyze the role of regional and bilateral trade agreements to Ghana’s economic development after the post-independence era. To meet the thesis objective both qualitative and quantitative research methods were applied. The author designed an unstructured interview style to gather relevant primary information from credible sources via Skype. Secondary data were obtained from electronic and printed sources.
The research findings demonstrated that trade is an important tool for rapid economic development if the issues of corruption, industrialization and the application of new economic concepts were implemented.
Finally, the results from the research could be generalized in accessing the fundamental economic problems of Ghana. However, further research in trade financing and the economic policy of countries could further enhance rapid economic growth in Ghana.