This investigation analyzes the government's current attempt at wage and price controls; and covers only Phases I, II, and III--with primary emphasis on Phase II. The sources of data used are current periodicals. The study is composed of five major chapters. Chapter I presents a brief summary of prior attempts at wage and price controls, both in this country and abroad, plus-a thumbnail sketch of economic conditions in this country preceding Phase I. The next three chapters deal with the three phases themselves. In each case, the guidelines are presented along with the mechanism of execution, enforcement, and actual cases of operation. As the overall program is still in operation, final conclusions are not appropriate at this time.

After independence on March 6, 1957, Ghana, under the late President Kwame Nkrumah, turned to diverse developmental activities. Economically, Ghana was on sound footing; the balance of payments was favorable and cocoa was yielding a good harvest. In 1967, Nkrumah was ousted due to his dictatorial rule. In this study the available primary and secondary sources were utilized. Primary sources were made available by the Ghana Embassy in Washington, D. C. and by friends and relatives in institutions of higher learning in Ghana. The study is divided into five chapters. Chapter I concerns itself with a geographical survey of the country, including land, climate, people, and natural resources. Chapter II explores political developments, and Chapter III examines some of the crucial economic problems. Chapter IV explores some economic progress and Chapter V makes suggestions, some of which may seem sordid and grim, but at least they offer a "stepping stone."