Managing Election- Relation Violence for Democratic Stability in Ghana democratic administration of Professor Busia(1969-1972). The Busia government's actions and/or inactions provided the launching pad and enabling environment for Acheampong's coup. Busia's regime was fixated with righting the wrongs of past regimes, in terms of getting the Ghanaian economy back on track. Goldsworthy notes that Nkrumah's huge legacy of foreign debt and a continuing high rate of borrowing after the 1966 coup had brought Ghana to a position where up to a quarter of the annual budget had to be allocated to servicing a debt of over US$800 million dollars, which the government had been trying to reschedule without success(1973:10). Professor Busia tried a number of unpopular measures to restructure the economy. This included a National Development Levy of up to 5 percent on all incomes greater than 34 cedis per month, which succeeded in alienating the trade unions in the process. To counter this, Busia tried and failed at a populist move through the Aliens Compliance Order of 1970, by which the government expelled mostly Nigerians and Asians who had businesses in the country in an attempt to hand over these businesses to Ghanaians. This plan had an unintended disastrous impact on the Ghanaian economy as a lot of these businesses employed local staff, while also evading the Order by'using their Ghanaian partners as front men and nominal proprietors' (Goldsworthy, 1973:16). The coup de grâce for Busia and his government was the hugely unpopular devaluation by 44 percent of the country's currency. In addition to this, Busia had a fractious relationship with the media and university students. All these contributed to creating fertile ground, first for the coup, and secondly for the support that greeted the military takeover in January 1972. 78
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Managing election-related violence for democratic stability in Ghana
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