'This important book, which synthesizes the large Ghana scholarship as well as using lots of original research by the author, makes a strong case for the country monograph and the generation of new knowledge about actually existing societies through serious, long-term fieldwork. At the same time, its comparative and theoretical relevance is much broader: as a companion volume to the influential The Politics of Industrial Policy in Africa, it clearly outlines the difficulties of transforming African states in a context of competitive clientelism and weak domestic capitalists. A must read for all interested in African political economy, the politics of development, and debates about economic diversification more generally.' Ricardo Soares de Oliveira, University of Oxford