After gaining independence in 1957, Ghana faced several challenges, including economic difficulties and political instability. Pres. Kwame Nkrumah’s administration accumulated massive foreign debts while Ghanaians saw a decline in living standards. Subsequent governments struggled to manage the debt, balance payments, and stabilize the economy. Political instability was another significant issue, with several military coups and changes in government between 1966 and 1981.
verifiedCite
While every effort has been made to follow citation style rules, there may be some discrepancies.
Please refer to the appropriate style manual or other sources if you have any questions.
Select Citation Style