The impact of the colonial legacy on development in the third world states : the case of Ghana

TL;DRAbstract

Ghana, like most of the third world countries, is in transition from a traditional society with a colonial heritage to an independent developed society; a society where all available resources could be harnessed to achieve the objectives and goals of national development. Twenty-seven years after independence however, this objective has not been realized. The task of achieving the goals of national development has been painfully slow. There is still a high degree of underdevelopment, poverty, disease and deprivation. The economy has deteriorated over the years. Traditionally, many reasons have been given for this state of affairs. Among them are; bad economic planning, world recession, rising oil bills and lack of ideological direction. In finding solutions to these problems economists have played a leading role with various economic models and theories of development. The problem however remains unresolved. These explanations do not offer adequate analysis of the basis of our underdev

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