May 2016 Q3 a.
Of late there has been a lot of discussions on the necessity for a Long-Term Development Plan in Ghana.
Required: (6 marks)
i) What is a Long-Term Development Plan?
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Economic development plans that spread over a number of years and are intended as bedrock of achieving development objectives of a country.
ii) Outline THREE guiding principles of a Long-Term Development Plan.
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- Capacity, ability and social and political stability;
- Effective, reliable, pragmatic, flexible, legitimate, and well implemented strategy;
- Identification of the core priorities of a country;
- Urgency, political will and drive;
- Public and stakeholders legitimacy;
- Should be devoid of strait-jacket economic ideologies and dogmas.
iii) Explain TWO reasons why earlier Long-Term Development Plans failed in Ghana.
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- Long period of Military Interventions;
- Lack of political will, drive, faith, urgency, commitment;
- Absence of national ideological cohesion caused by inter-party and intra-party ideological cohesion;
- Improper planning and implementation.