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Credit and the Law in Africa: A Special Study of some Legal Aspects of Economic Development1

Published online by Cambridge University Press:  28 July 2009

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Extract

In the paper which I contributed to the symposium, Changing Law in Developing Countries (London, 1962), “Legal development and economic growth in Africa”, I made the following basic points:

(1) Economic growth in the developing African countries depends on capital accumulation and the stimulation of trade, investment and productivity. Hence the paramount importance of the laws in those countries governing investment, commercial enterprise and the grant of credit.

Type
Research Article
Information
Journal of African Law , Volume 19 , Issue 1-2: International Conference on Banking Law and Development in Africa , Spring 1975 , pp. 73 - 82
Copyright
Copyright © School of Oriental and African Studies 1975

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References

page 79 note 1 Owing to the difficulty of tracking down current Ghana legislation, it has not been possible in all cases to verify whether or not a particular statute has been repealed or amended; and some legislation may have been overlooked for the same reason.