Download or read book The Effects of the Global Economic and Financial Crisis on the Ghanaian Economy and Labour Market written by Kwabena Nyarko Otoo and published by . This book was released on 2009 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Economic Reforms in Ghana written by Ernest Aryeetey and published by Africa World Press. This book was released on 2000 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reviews the performance of the Ghanaian economy for the period 1983 to 1991, aimed at assessing the impact of structural adjustment policies in different areas of the economy.
Download or read book Labour Land and Capital in Ghana written by Gareth Austin and published by Boydell & Brewer. This book was released on 2005 with total page 615 pages. Available in PDF, EPUB and Kindle. Book excerpt: An examination of the varied ways, outside and inside markets, in which Asante producers obtained labor, land and capital during the transformative era. This is a study of the changing rules and relationships within which natural, human and man-made resources were mobilized for production during the development of an agricultural export economy in Asante, a major West African kingdom which became, by 1945, the biggest regional contributor to Ghana's status as the world's largest cocoa producer. The period 1807-1956 as a whole was distinguished in Asante history by relatively favorable political conditions for indigenous as well as (during colonial rule) for foreign private enterprise. It saw generally increasing external demands for products that could be produced on Asante land. This book, which fills a major gap in Asante economic history, transcends the traditional divide between studies of precolonial and of twentieth-century African history. It analyses the interaction of coercion and the market in the context of a rich but fragile natural environment, the central process being a transition from slavery and debt-bondage to hired labor and agricultural indebtedness. It contributes to the broad debate about Africa's historic combination of emerging 'capitalist' institutions and persistent 'precapitalist' ones, and tests the major theories of the political economy of institutional change. It is written accessibly for an interdisciplinary readership. Gareth Austin is a lecturer in Economic History, London School of Economics and Political Science, and Joint Editor of the 'Journal of African History'.
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 with total page 439 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume assesses the challenges facing Ghana's economy as it enters its seventh decade and the nation heads towards three quarters of a century of independence.
Download or read book Assessing the Impact of the Global Economic and Financial Crisis on Vulnerable Households in Ghana written by Henk-Jan Brinkman and published by . This book was released on 2009 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Globalization Trade and Poverty in Ghana written by Charles Ackah and published by IDRC. This book was released on 2012 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Citing a paucity of empirical evidence on the poverty and distributional impacts of trade policy reform in Ghana as the main motivation for this volume, the editors (both of the Institute of Statistical, Social and Economic Research at the U. of Ghana) present eleven papers that combine theory and econometric analysis in an effort to assess linkages between globalization, trade, and poverty (including gendered aspects). Specific topics examined include manufacturing employment and wage effects of trade liberalization; the influence of education on trade liberalization impacts on household welfare; trade liberalization and manufacturing firm productivity; the impact of elimination of trade taxes on poverty and income distribution; food prices, tax reforms, and consumer welfare under trade liberalization; impacts on tariff revenues; and impacts on cash cropping, gender, and household welfare; Distributed in the US by Stylus. Annotation ©2012 Book News, Inc., Portland, OR (booknews.com).
Download or read book Studies on the Ghanaian Economy Environment informal sector and labour markets written by A. Baah-Nuakoh and published by Woeli Publishing Services. This book was released on 2003 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: The second in a three volume series on the Ghanaian economy, focusing on the environment.
Download or read book Structural Transformation and Labor Market Performance in Ghana written by Mpumelelo Nxumalo and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Expanding Job Opportunities in Ghana written by Maddalena Honorati and published by Directions in Development. This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ghana was, until very recently, a success story in Africa, achieving high and sustained growth and impressive poverty reduction. However, Ghana is now facing major challenges in diversifying its economy, sustaining growth, and making it more inclusive. Most of the new jobs that have been created in the past decade have been in low-earning, low-productivity trade services. Macroeconomic instability, limited diversification and growing inequities in Ghana's labor markets make it harder for the economy to create more jobs, and particularly, better jobs. Employment needs to expand in both urban areas, which will continue to grow rapidly, and rural areas, where poverty is still concentrated. The current fiscal and economic crisis is heightening the need for urgent reforms but limiting the room for maneuver and increasing pressure for a careful prioritization of policy actions. Going forward, Ghana will need to consider an integrated jobs strategy that addresses barriers to the business climate, deficiencies in skills, lack of competitiveness of job-creating sectors, problems with labor mobility, and the need for comprehensive labor market regulation. Ghana needs to diversify its economy through gains in productivity in sectors like agribusiness, transport, construction, energy, and information and communications technology (ICT) services. Productivity needs to be increased also in agriculture, in order to increase the earnings potential for the many poor who still work there. In particular, Ghana's youth and women need help in connecting to these jobs, through relevant skills development and services that target gaps in information about job opportunities. Even with significant effort, most of Ghana's population will continue to work in jobs characterized by low and fluctuating earnings for the foreseeable future, however, and they will need social safety nets that help them manage vulnerability to income shortfalls. More productive and inclusive jobs will help Ghana move to a second phase of structural transformation and develop into a modern middle-income economy.
Download or read book Ghana s Labor Market written by Canagarajah and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Employment Labor Markets and Poverty in Ghana A Study of Changes During Economic Decline and Recovery written by Sudharshan Canagarajah and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: November 1997 An awareness on the part of policymakers that the formal sector is only a small part of Ghana's labor market is a necessary precondition of appropriate employment policy. If the government is unwilling to reduce public employment or to alter public spending to invest more in agriculture, and infrastructure employment conditions will worsen, high public-wage policy will fuel inflationary pressures, reducing such investment even further. An active labor policy and employment creation is necessary for sustainable poverty reduction. The slowdown and possible reversal in the rural-to-urban flow of labor in Ghana is symptomatic of a basic shortcoming in the country's economic recovery: the inadequate growth of the productive sector in the nonagricultural economy. The rate of growth of GDP has been adequate but much of the growth has been fueled and led by the services sector, which (at more than 46 percent) has surpassed agriculture as the main contributor to GDP. In some way growth in the services sector has been positive, but arguably it is a once-for-all adjustment to recover that cannot be sustained at this growth rate without commensurate growth in both agricultural and nonagricultural production. Evidently, stabilization and liberalization measures have not been sufficient to put the industrial sector on a path of sustained growth. There is too little skilled labor in Ghana, and demand for industrial goods has been weak, in part because the cost of credit is high and savings are too low for inefficient, state-run enterprises to buy the equipment they need. Returns to higher (especially university) education are high in Ghana, largely because of high wages for government services. Because of inadequate technical and vocational education, returns to secondary education are low. Employment trends have mirrored the deficiency in output growth. Every year since 1987, industrial employment has fallen. The growing labor force, which agriculture could not absorb productively, has spilled over into service activities and the informal sector. Ghana's large informal sector is symptomatic of an economy with low growth potential. In the medium term, the surest way to absorb labor would be to increase investment in the agriculture sector. And the only way to increase investment in that sector is to change the composition in public spending. As long as the public sector wage bill remains a sizable part of government expenditure, an increase in wage levels not compensated by reduction in employment will create strains in the budgetary balance and will defeat the most important instrument of increasing the growth rate of employment-higher levels of public investment in agriculture. It is possible that a vicious circle is complete. Higher wages in the public sector might be necessary to increase efficiency, without which productive public investment is not possible. But if the government is not willing or able to reduce public employment, and is further unable to alter the composition of expenditure to provide more finance for agriculture-related public investment, a high wage public policy will merely fuel inflationary pressures reducing the real investment ratio even further. The only way out of this vicious circle, if it exists, is a larger infusion of foreign and private investment than has been seen so far, supplemented by corrective monetary policy. This paper-a product of the Human Development Technical Family, Africa Region-is a background paper for World Bank Economic Sector Work on Ghana: Labor Markets and Poverty.
Download or read book Economy of Ghana First 25 Years Since Independence written by and published by . This book was released on 1985 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic analysis, economic development 1957-1982, economic recession, Ghana - economic planning, agricultural economy, population and labour force, economic structure, agricultural development, cocoa, manufacturing, mining, banking, trade, employment, savings, investments, choice of technology, future prospects. Bibliography, references, statistical tables.
Download or read book A Decade after the Global Recession written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-19 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizable fiscal and monetary policy ammunition accumulated during prior years of strong growth. However, their growth prospects have weakened since then, and many now have less policy space. This study provides the first comprehensive stocktaking of the past decade from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and prepare for the possibility of another global downturn.
Download or read book The Economy of Ghana written by M.M. Huq and published by Palgrave Macmillan. This book was released on 1989-02-06 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the time of Ghana's independence in 1957 it was hoped that the country would be the show-piece of African economic development and a model for others to follow. The country was rich in natural resources and human potential but by the late 1980s it was in a serious crisis.
Download or read book World of Work Report 2013 written by International Labor Office and published by International Labour Organisation. This book was released on 2014-01-30 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World of Work Report 2013 provides analyses the global employment situation five years after the start of the global financial crisis. It looks at labour market performance and projections both at the global and regional levels
Download or read book Youth Employment Programs in Ghana written by Christabel Dadzie and published by World Bank Publications. This book was released on 2020-09-04 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Unemployment and underemployment are global development challenges. The situation in Ghana is no different. In 2016, it was projected that, given the country’s growing youth population, 300,000 new jobs would need to be created each year to absorb the increasing numbers of unemployed young people. Yet the employment structure of the Ghanaian economy has not changed much from several decades ago. Most jobs are low skill, requiring limited cognitive or technology know-how, reflected in low earnings and work of lower quality. An additional challenge for Ghana is the need to create access to an adequate number of high-quality, productive jobs. This report seeks to increase knowledge about Ghana’s job landscape and youth employment programs to assist policy makers and key stakeholders in identifying ways to improve the effectiveness of these programs and strengthen coordination among major stakeholders. Focused, strategic, short- to medium-term and long-term responses are required to address current unemployment and underemployment challenges. Effective coordination and synergies among youth employment programs are needed to avoid duplication of effort while the country’s economic structure transforms. Effective private sector participation in skills development and employment programs is recommended. The report posits interventions in five priority areas that are not new but could potentially make an impact through scaling up: (1) agriculture and agribusiness, (2) apprenticeship (skills training), (3) entrepreneurship, (4) high-yielding areas (renewable energy†“solar, construction, tourism, sports, and green jobs), and (5) preemployment support services. Finally, with the fast-changing nature of work due to technology and artificial intelligence, Ghana needs to develop an education and training system that is versatile and helps young people to adapt and thrive in the twenty-first century world of work.
Download or read book Global Productivity written by Alistair Dieppe and published by World Bank Publications. This book was released on 2021-06-09 with total page 552 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic struck the global economy after a decade that featured a broad-based slowdown in productivity growth. Global Productivity: Trends, Drivers, and Policies presents the first comprehensive analysis of the evolution and drivers of productivity growth, examines the effects of COVID-19 on productivity, and discusses a wide range of policies needed to rekindle productivity growth. The book also provides a far-reaching data set of multiple measures of productivity for up to 164 advanced economies and emerging market and developing economies, and it introduces a new sectoral database of productivity. The World Bank has created an extraordinary book on productivity, covering a large group of countries and using a wide variety of data sources. There is an emphasis on emerging and developing economies, whereas the prior literature has concentrated on developed economies. The book seeks to understand growth patterns and quantify the role of (among other things) the reallocation of factors, technological change, and the impact of natural disasters, including the COVID-19 pandemic. This book is must-reading for specialists in emerging economies but also provides deep insights for anyone interested in economic growth and productivity. Martin Neil Baily Senior Fellow, The Brookings Institution Former Chair, U.S. President’s Council of Economic Advisers This is an important book at a critical time. As the book notes, global productivity growth had already been slowing prior to the COVID-19 pandemic and collapses with the pandemic. If we want an effective recovery, we have to understand what was driving these long-run trends. The book presents a novel global approach to examining the levels, growth rates, and drivers of productivity growth. For anyone wanting to understand or influence productivity growth, this is an essential read. Nicholas Bloom William D. Eberle Professor of Economics, Stanford University The COVID-19 pandemic hit a global economy that was already struggling with an adverse pre-existing condition—slow productivity growth. This extraordinarily valuable and timely book brings considerable new evidence that shows the broad-based, long-standing nature of the slowdown. It is comprehensive, with an exceptional focus on emerging market and developing economies. Importantly, it shows how severe disasters (of which COVID-19 is just the latest) typically harm productivity. There are no silver bullets, but the book suggests sensible strategies to improve growth prospects. John Fernald Schroders Chaired Professor of European Competitiveness and Reform and Professor of Economics, INSEAD
