The Irony in Ghana’s Agricultural Productivity

The US’s prospect of setting up an army installation in Ghana demonstrates its firm control of this flourishing African nation. This firm control of US is likewise emphatically evident in Ghana’s financial policy.â Endowed with a bounteous gracefully of regular assets, Ghana has for some time been under US monetary and social impact through global associations, for example, the World Bank, International Monetary Fund, and World Trade Organization.It is critical to note here that IMF-WB and WTO work, in the last investigation, to assist the individuals who control them which are no other than the US and other First World nations. The strategies progressed by IMF-WB and WTO that Ghana loyally embraces put the nation in a biased relationship with the US and other amazing nations.One clear arrangement is the Structural Adjustments Programs (SAPs) which contain different conditionalities like the privatization of nearby enterprises, the decreases in duties and exchange hin drances, the reducing ofâ agrarian change, and the advancement of neighborhood economies.A indication that the SAPs are grinding away in Ghana can be seen through the country’s trade situated and import-subordinate economy. I'm not catching this' meaning? Ghana’s economy is trade arranged in light of the fact that its normal assets, especially its rich farming assets, are taken outside the nation andâ appropriated by the more remarkable countries who control it.That is the reason despite the fact that Ghana is wealthy in agrarian assets, larger part of its kin experience hunger since: 1) they are not the ones who profit by what their territory offers 2) the nation isn't yet industrialized to help a suitable rural creation process.The US, being an exceptionally industrialized nation, utilizes the characteristic assets it has taken from Ghana and procedures these assets. The US requires less work power in preparing the characteristic assets it has taken from underdev eloped nations exactly on the grounds that it has innovative machines to accomplish the work quicker and more efficient.After the handling of the normal assets, Third World nations subject to US (on account of IMF-WB and WTO) import them. The terrible incongruity here is that Third World nations purchase and importâ merchandise that are basically theirs.Notes:1. â€Å"Structural adjustment† 25â July 2007. Wikipedia, the Free Encyclopedia. Wikimedia Foundation. 12 August 2007. <http://en.wikipedia.org/wiki/Structural_adjustment_programs>