In Search of the Economic Kingdom. The Development of Economic Relations between Ghana and the USSR

bibliographic database
Line

Periodical article

Title:	In Search of the Economic Kingdom. The Development of Economic Relations between Ghana and the USSR
Author:	Stevens, Christopher
Year:	1974
Periodical:	Journal of Developing Areas
Volume:	9
Issue:	1
Period:	October
Pages:	3-26
Language:	English
Geographic terms:	Ghana Soviet Union
Subjects:	international trade development cooperation Economics and Trade international relations
External links:	https://www.jstor.org/stable/4190212 http://search.proquest.com/pao/docview/1311638641
Abstract:	Although Nkrumah's Ghana was In the vanguard of the states that attempted to improve their economic lot by using their newfound political power to diversify their international contacts and aid was obtained from many non-Western sources, the present government is confronted by a huge burden of debt. A big part of the total deficit on current account accumulated during the 1960s to adverse movements in the terms of trade. This study concentrates on the development of Ghana's economic relations with the U.S.S.R. While the two elements of this commercial intercourse are closely related (the expansion of trade was associated with a program of aid financed by credits, while the credit program caused an increase in trade), in this analysis they are taken separately. Notes; tables.