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Full-Text Articles in Social and Behavioral Sciences
Expatriate Business And The African Response In Ghana: 1886-1939, Rhoda E. Howard-Hassmann
Expatriate Business And The African Response In Ghana: 1886-1939, Rhoda E. Howard-Hassmann
Political Science Faculty Publications
This thesis discusses the integration of' colonial Ghana into the world trading network between 1886 and 1939. It attempts to explain the underdevelopment of Ghana's economy as a result of her subjection to a system of economic and political imperialism. Ghana's contact with Britain resulted in a situation in which, although her trade economy "developed," her economic potential, as well as the potential for development of her trading and entrepreneurial classes, was thwarted. While three groups, namely the expatriate businessmen, the expatriate Government, and the African elite, interacted in the setting of economic policies, generally speaking the policies were set …
Economic Imperialism And Oligopolization Of Trade In The Gold Coast: 1886-1939, Rhoda E. Howard-Hassmann
Economic Imperialism And Oligopolization Of Trade In The Gold Coast: 1886-1939, Rhoda E. Howard-Hassmann
Political Science Faculty Publications
This article will deal with the mechanisms of the economic takeover of the Gold Coast, between approximately 1885 and 1939. Two aspects of the takeover are dealt with: the progressive oligopolization of trading, shipping, and banking in the colony, and the influence which oligopolistic British firms exerted on government policy. The oligopolization resulted in the underdevelopment of the African trading class and its inability to develop into a genuine capitalist class; while the pursuance of a government policy dedicated to maintaining Ghana's role as a peripheral import-export economy resulted in the internal economic underdevelopment of the colony.