ISSN:
0022-278X
Source:
Cambridge Journals Digital Archives
Topics:
Ethnic Sciences
,
History
,
Political Science
,
Economics
Notes:
Concern with the social and economic consequences of inflation has induced the governments of most African states to introduce statutory price controls. Thus, of the 25 countries covered by the International Monetary Fund's Surveys of African Economies,1 all but four or five had introduced price-control legislation, and other important examples not covered by these volumes include Nigeria, Ghana, Guinea, and Liberia. Economists tend to be sceptical about the desirability and effectiveness of such controls, and this article attempts to throw some light on this issue, as it relates to the circumstances of tropical Africa, by examining the operation of price regulations in Ghana during the 1960s.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1017/S0022278X0000851X
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