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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Imperialism, the State and the Indigenization of the Ghanaian Economy, 1957-1984
Author:Jonah, Kwesi
Year:1985
Periodical:Africa Development: A Quarterly Journal of CODESRIA (ISSN 0850-3907)
Volume:10
Issue:3
Period:July-September
Pages:63-99
Language:English
Geographic term:Ghana
Subjects:economic dependence
business
Africanization
Economics and Trade
colonialism
Politics and Government
Abstract:The position which this essay is intended to develop is first, that if the state is controlled by the economically dominant class, then the post-colonial state in Ghana is, on the basis of all empirical evidence, the state of the ixaperialist bourgeoisie. Second, indigenization, the policy of transferring certain sectors of the economy to indigenous private investors and assisting them to acquire shares in others, is only in form a national policy and in essence the international strategy of imperialism. Third, imperialism has always the initiative in Ghana to create, through indigenization, the social and class basis for continued imperialist control of the economy at the neocolonial phase. Finally, indigenization does not end iisperialist control of the Ghanaian economy. It represents only a re-organisation of that economy to give minor positions to indigenous investors while maintaining the position of monopoly capital in the economy as a whole. - Notes, ref., sum. in French.
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