Abstract
ABSTRACTUsing a case study of a rural town in the Ashanti Region, this article explores transformations in enterprise, property relations and informal governance that have occurred since Ghana embarked on a period of neo-liberal economic and political restructuring in the mid-1980s. Rather than a linear move away from state-controlled markets and authoritarian rule toward privatization and democratic decentralization, Ghana has witnessed a proliferation of authorities and economic enterprises, both formal and informal, that defy clear-cut distinctions between public and private property and institutions. In the town described here, as in many other localities in Ghana, chiefs have figured prominently as both instigators and examples of transformations in economic and governing practices and institutions.
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