Government and Indigenous Private Enterprise in Ghana
- 1 May 1971
- journal article
- Published by Cambridge University Press (CUP) in The Journal of Modern African Studies
- Vol. 9 (1) , 11-29
- https://doi.org/10.1017/s0022278x00024666
Abstract
As their countries emerged from colonial status, indigenous private entrepreneurs in tropical Africa turned to their governments for what they regarded as indispensable assistance. African businessmen, hampered by strong expatriate competitors (in many cases dominating their sectors), by foreign-owned banks unwilling to provide them with necessary credits, by their own managerial weakness, and by other severe disabilities, concluded that the broad and generous patronage of the central government was essential to the realisation of their aspirations for greater wealth and economic power.Keywords
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