Download or read book Ghana s Economic and Agricultural Transformation written by Xinshen Diao and published by Oxford University Press. This book was released on 2019 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Ghana s Economic and Agricultural Transformation written by Peter Hazell and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Ghana s Economic and Agricultural Transformation written by Xinshen Diao and published by . This book was released on 2019 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Synopsis Ghana s Economic and Agricultural Transformation written by Xinshen Diao and published by . This book was released on 2019-10-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A New Era of Transformation in Ghana written by Clemens Breisinger and published by Intl Food Policy Res Inst. This book was released on 2011-01-01 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book 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 published by Intl Food Policy Res Inst. This book was released on with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Ghana s agrifood system structure and drivers of transformation written by Pauw, Karl and published by Intl Food Policy Res Inst. This book was released on 2023-07-14 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Growth in Ghana written by Daniel Bruce Sarpong and published by Routledge. This book was released on 2018-12-20 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published in 1997, this text is set in a context where Ghana has experienced improvements in aggregate output performance over the past decade (1986-1996) yet agriculture's performance remains sub-optimal. The author focuses on agriculture's fragmentation as attributable to space (storage, transportation and marketing), form (rudimentary production methods in general) and content (stagnent productivity and poor organization of production) and notes that whilst current policies have impinged on the space fragmentation, issues on form and content seem to have been left to the dictates of the market. The author calls for a strategy of government plan in promoting modern technology in agriculture to enhance its linkage to industry for rapid and sustainable economic growth.
Download or read book Transforming Agricultural Production and Productivity for Sustained Rapid Growth and Development written by W. Asenso Okyere and published by . This book was released on 2001 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cities and rural transformation A spatial analysis of rural youth livelihoods in Ghana written by Diao, Xinshen and published by Intl Food Policy Res Inst. This book was released on 2017-01-27 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Agriculture for Economic Development in Africa written by Emelie Rohne Till and published by Springer Nature. This book was released on 2022-08-02 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Identifying priority value chains in Ghana written by Hartley, Faaiqa and published by Intl Food Policy Res Inst. This book was released on 2018-02-17 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: This working paper identifies agricultural activities and value chains in Ghana whose expansion is most effective at generating economic growth, reducing national and rural poverty, creating jobs, and improving nutrition by diversifying diets. The Rural Investment and Policy Analysis (RIAPA) model of the Ghanaian economy is used to estimate how increasing production in different agricultural sectors leads to changes in national and household outcomes.1 RIAPA captures linkages between sectors and rural-urban economies, as well as changes throughout the agriculture-food system (AFS).
Download or read book The Economy of Ghana Sixty Years after Independence written by Ernest Aryeetey and published by Oxford University Press. This book was released on 2017-02-09 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: As Ghana approaches its 60th birthday, optimism and worries for the future continue to be present in equal measure. Economic growth in the last decade has been high by historical standards. Indeed, recent rebasing of GDP figures has put Ghana over the per capita income threshold into Middle Income Country status. However, structural transformation has lagged behind. Fiscal discipline has also eroded significantly and there is heavy borrowing, especially on the commercial market, while elements of the natural resource curse from oil have already occurred. The question most observers ask is whether the gains from two decades of reforms are being reversed. Given this background, this volume brings together leading established and young economists, from within and outside Ghana, to analyze and assess the challenges facing Ghana's economy as it enters its seventh decade and the nation heads towards three quarters of a century of independence. The chapters cover the major macroeconomic and sectoral issues, including fiscal and monetary policy, trade and industrialization, agriculture and infrastructure. The volume also covers a full range of social issues including poverty and inequality, education, health, gender, and social protection. The book also examines the implications of the oil boom for Ghanaian development, and the role of institutions.
Download or read book Political Settlements and Agricultural Transformation in Africa written by Martin Atela and published by Taylor & Francis. This book was released on 2022-12-30 with total page 202 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the ways in which political settlements can contribute to positive changes in Africa’s agricultural and manufacturing sectors. Contemporary Africa has seen many governments, donors, and commercial private enterprises supporting innovative agricultural and agroprocessing schemes with the purpose of diversifying economies. However, many of the schemes collapse or at best fail to generate the needed jobs. Focusing on case studies in Kenya, Nigeria, and Ethiopia, this book takes an interdisciplinary approach that combines economic analysis, life histories, policy approaches methods, and political economy theory to reframe the field with new questions. The contributors offer alternative explanations for the failure of employment creation schemes in Africa and show how political settlements can bring together stakeholders to settle on win–win approaches to productive employment schemes and inclusive development. Providing new insights on the political economy of agrarian and labour relations in Africa, this book will be of interest to policy actors and development practitioners wishing to support inclusive growth in Africa, as well as to scholars of African politics and economics, public policy, and development.
Download or read book Reducing Poverty Through Agricultural Transformation written by and published by . This book was released on 2006 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Developments in Agricultural Economics and Contemporary Issues in Ghana written by Wayo Seini and published by . This book was released on 2014 with total page 211 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Agricultural Transformation and Social Change in Africa written by Bernhard Nett and published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften. This book was released on 1992 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book includes presentations made to the Inter University Center's (IUC) conference on «Agricultural Transformation in Africa during the 1990's - Present Performance and Future Trends», June 1991 in Dubrovnik. With agriculture becoming a major issue of development studies, the contributors tried to develop a comprehensive and inter-disciplinary approach to analyse trends, causes, and the development potential of structural changes and agricultural transformation policies in Africa.
