Ghana S Economic And Agricultural Transformation
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Ghana S Economic And Agricultural Transformation
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Author : Xinshen Diao
language : en
Publisher: Oxford University Press
Release Date : 2019
Ghana S Economic And Agricultural Transformation written by Xinshen Diao and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
Using Ghana as a case study, this work integrates economic and political analysis to explore the challenges and opportunities of Africa's growth and transformation.
Ghana S Economic And Agricultural Transformation
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Author : Peter Hazell
language : en
Publisher:
Release Date : 2019
Ghana S Economic And Agricultural Transformation written by Peter Hazell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
Many African countries have experienced unprecedented rates of economic growth in recent years, yet their economic transformations display features that could constrain their future growth prospects. Particularly troublesome have been patterns of urbanization without industrialization, rapid growth of low-productivity jobs in the informal economy, and a neglected agricultural sector with increased need for imported foods. Using Ghana as a case study, this book explores the challenges and opportunities of these patterns of transformation. By combining a historical and political perspective with in-depth empirical analysis of the performance of the broader economy and the agricultural sector since the economic reforms of the 1980s, the book considers viable policy options for Ghana and discusses the implications for other African countries.
Ghana S Economic And Agricultural Transformation
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Author : Xinshen Diao
language : en
Publisher:
Release Date : 2019
Ghana S Economic And Agricultural Transformation written by Xinshen Diao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Agriculture categories.
Using Ghana as a case study, this work integrates economic and political analysis to explore the challenges and opportunities of Africa's growth and transformation.
Synopsis Ghana S Economic And Agricultural Transformation
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Author : Xinshen Diao
language : en
Publisher:
Release Date : 2019-10-31
Synopsis Ghana S Economic And Agricultural Transformation written by Xinshen Diao and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-10-31 with categories.
Ghana S Agrifood System Structure And Drivers Of Transformation
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Author : Pauw, Karl
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2023-07-14
Ghana S Agrifood System Structure And Drivers Of Transformation written by Pauw, Karl and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-07-14 with Political Science categories.
Ghana experienced rapid economic growth with an annual GDP growth rate of 6.6 percent between 2009 and 2019 (GSS 2023). Restrictive COVID-19 policy measures in 2020 caused a slowdown in growth (Amewu et al. 2020), with the rate falling to just 0.5 percent in that year (World Bank 2023a). Economic growth rebounded to 5.4 percent in 2021, but this growth was fueled by excessive government borrowing to finance an ambitious public infrastructure campaign and ushered in a severe financial crisis in Ghana. By 2022, the fiscal deficit had reached almost 10 percent of GDP and the total debt-to-GDP ratio had skyrocketed to 90 percent, resulting in rampant inflation (32 percent year-on year), a doubling of interest rates (from 14 to 28 percent), and a sharp currency depreciation (40 percent) (World Bank 2023b; Naadi 2023). Economic growth slowed to 3.2 percent in 2022 and is projected to decline further to 1.6 percent in 2023 (World Bank 2023a). Although President Akuffo-Addo blamed “malevolent forces” (Financial Times 2023)—including the global commodity market shock caused by Russia’s invasion of Ukraine, which by some accounts had only a minimal effect on Ghana’s economy (Arndt et al. 2023; Diao and Thurlow 2023)—the economic situation eventually forced the government to agree to an IMF bailout of US$3 billion in 2023. This will be in force for three years.
A New Era Of Transformation In Ghana
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Author : Clemens Breisinger
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2011-01-01
A New Era Of Transformation In Ghana written by Clemens Breisinger and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-01 with Social Science categories.
Several Sub-Saharan African nations have experienced increased economic growth and political stability in recent years compared with the stagnation and turmoil of previous decades. Ghana is one of the biggest success stories of the region; the nation has enjoyed an annual average of five percent economic growth for the past 20 years and will probably be the first Sub-Saharan African country to achieve the Millennium Development Goal of cutting poverty in half by 2015.This study examines how Ghana can build on its achievements and possibly serve as a model for other African countries. By drawing on existing literature and applying a highly disaggregated dynamic general equilibrium model to Ghana's experiences, the authors identify certain necessary factors for further economic development in the country. These requirements include continued political stability, growth in manufacturing, improved domestic services such as transportation, and agricultural development that goes beyond past reliance on cash crops such as cocoa to include major staples and livestock. This kind of broad-based growth will benefit the entire economy, thereby reducing poverty. The authors' analysis provides an economic development strategy for Ghana, and possibly other countries in the region, to policymakers, development specialists, and others concerned with Sub-Saharan Africa.
Accelerating Growth And Structural Transformation Ghana S Options For Reaching Middle Income Country Status
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Author : Clemens Breisinger, Xinshen Diao, James Thurlow, Bingxin Yu, and Shashidhara Kolavalli
language : en
Publisher: Intl Food Policy Res Inst
Release Date :
Accelerating Growth And Structural Transformation Ghana S Options For Reaching Middle Income Country Status written by Clemens Breisinger, Xinshen Diao, James Thurlow, Bingxin Yu, and Shashidhara Kolavalli and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on with Social Science categories.
Cities And Rural Transformation A Spatial Analysis Of Rural Youth Livelihoods In Ghana
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Author : Diao, Xinshen
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2017-01-27
Cities And Rural Transformation A Spatial Analysis Of Rural Youth Livelihoods In Ghana written by Diao, Xinshen and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-27 with Political Science categories.
Urbanization has had a major impact on livelihoods in Ghana and throughout Africa as a whole. However, much research on urbanization has focused on effects occurring within cities, while there is insufficient understanding of its effects on rural areas. This paper examines the impact of urbanization—through a typology of districts—on rural livelihoods in Ghana. The country’s districts are classified into seven spatial groups according to the size of the largest city in each district in southern and northern Ghana. The paper does not address rural–urban migration but instead focuses on the livelihoods of rural households. In contrast to the extensive literature focusing on the effects of urbanization on individuals, we assess its impacts on individual rural households as a whole, with a particular focus on youth-headed households. Many rural households have shifted their primary employment from agriculture to nonagriculture, especially in the more urbanized South. In contrast, change in livelihood diversification within rural households with family members’ primary employment in both agriculture and nonagriculture appears much less rapid. Rural youth-headed households are significantly more associated with the transition away from agriculture than households headed by other adults, and such trends are stronger in locations closer to larger cities, particularly in the South. Although the nonagricultural economy is becoming increasingly important for rural households, contrary to expectations, the probit model analysis in this paper shows that agricultural production does not appear to be more intensified—in terms of modern input use—in the more urbanized South, and youth do not show greater agricultural technology adoption than other adults, indicating that the constraints against modern input adoption may be binding for all farmers, including youth and farmers in more urbanized locations. We also find that rural poverty rates are consistently lower among nonagricultural households, and the share of middle-class population is also disproportionally higher among rural nonagricultural households than agricultural households. While the probit analysis confirms the positive relationship between being a nonagricultural household and being nonpoor or becoming middle class after controlling for all other factors, education seems to play the biggest role. As rural youth become more educated and more households shift from agriculture to the rural nonfarm economy, a different range of technologies for agricultural intensification is necessary for agriculture to be attractive for youth. A territorial approach and related policies that integrate secondary cities and small towns with the rural economy deserve more attention such that the diversification of rural livelihoods can become a viable alternative or complement to rural–urban migration for youth.
Agriculture For Economic Development In Africa
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Author : Emelie Rohne Till
language : en
Publisher: Springer Nature
Release Date : 2022-08-02
Agriculture For Economic Development In Africa written by Emelie Rohne Till and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-08-02 with Business & Economics categories.
This book explores the role of agriculture in long-term economic growth. With a particular focus on Ethiopia, the role of the state in igniting agricultural growth and in sustaining economic growth is highlighted as essential for low-income countries. Taking ideas from both economic history and development economics, the ability of Ethiopia and the rest of Africa to sustain recent rapid growth into something that can tackle the development agenda is discussed, alongside policy suggestions. This book overall presents an optimistic account of Africa and its economic prospects. It will be relevant to students and researchers interested in economic development and agricultural economics. This is an open access book.
Transforming Agricultural Production And Productivity For Sustained Rapid Growth And Development
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Author : W. Asenso Okyere
language : en
Publisher:
Release Date : 2001
Transforming Agricultural Production And Productivity For Sustained Rapid Growth And Development written by W. Asenso Okyere and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Agricultural productivity categories.