Ghana's Economic Imperative, Akuffo-Addo's China visit and Why Ghana must have a comprehensive Asia Policy

By 2050, three of the top four economies in the world will be in Asia: China, Japan and India with the United States the only Western country among the top four. This is something that Ghana can ignore. B) Ghana's Economy Today Akuffo-Addo was elected into office at a time when Ghana’s economy was in a very bad shape. To put things in perspective, the economy had grown 14 percent in 2011, then it decelerated to 9.3 percent in 2012, then 7.3 percent in 2013. It fell to 4.0 percent in 2014 and 3.8 percent in 2015. In 2016, the economy grew just 3.7 percent. The GDP to debt ratio was more than 70 percent. Inflation was in a double figure territory at 17.5 percent in 2016. The cedi was not doing well against several international currencies.