Abstract

The Provisional National Defence Council (PNDC) began as a predominantly neo-Marxist government intent on establishing a leftist revolution. The parlous state of the economy, however, persuaded Rawlings of the necessity to adopt an orthodox stabilization and structural adjustment program. By April 1983, when the reform program was launched, businesspeople had experienced fifteen months of persistent harassment and punitive measures. Did the remarkable turnabout in economic policy trigger an equivalent shift in PNDC-business relations? This question is important because market reforms clearly require state-business collaboration if increased investment in private enterprises is to occur. How did the PNDC address this key issue? Was the adoption of market reforms accompanied by an increased voice for businesspeople in economic policy?

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