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Persistent link: https://www.econbiz.de/10005428648
In the context of the Ghanaian government’s objective of structural transformation with an emphasis on manufacturing, this paper provides a case study of economic transformation in Ghana, exploring patterns of growth, sectoral transformation, and agglomeration. We document and examine...
Persistent link: https://www.econbiz.de/10011132635
Africa’s recent economic growth is at a historical high, the patterns associated with this growth appear to be quite different from the Asian experiences where rapid growth was fueled by labor intensive, export-oriented manufacturing. Because this pattern differs with our typical view of...
Persistent link: https://www.econbiz.de/10011132690
This paper assesses the sustainability of the current supply network for mechanization, given government policy. Stylized models of mechanization supply are developed based on experience in Bangladesh, China, and India during similar stages of agricultural transformation. Ghana’s supply...
Persistent link: https://www.econbiz.de/10011132724
Agriculture in Ghana accounts for about 40 percent of national economy, three quarters of export earnings, and employs 60 percent of the labor force. Agriculture is the backbone of the economy (McKay and Aryeetey, 2004) and the sector has served as the main driver for the growth over the last...
Persistent link: https://www.econbiz.de/10011132790
Ghana has made considerable progress over the last 20 years in sustaining economic growth and reducing poverty. The Government of Ghana has declared its new development goal of reaching middle-income status by 2015. Achieving this goal will require Ghana to double its per capita income over the...
Persistent link: https://www.econbiz.de/10011132791
The recent surge in world commodity prices might alter the role of traditional export crops in African economies. While export crops have traditionally been important sources of foreign exchange earnings and government revenues, Ghana is an exceptional case, where a combination of favorable...
Persistent link: https://www.econbiz.de/10011132792
""An economywide, multimarket model is constructed for Ghana and the effects of agricultural soil erosion on crop yields are explicitly modeled at the subnational regional level for eight main staple crops. The model is used to evaluate the aggregate economic costs of soil erosion by taking into...
Persistent link: https://www.econbiz.de/10011132795
Recent increases in cereals prices raise questions about agricultural priorities in Ghana. This report presents an application of the Policy Analysis Matrix (PAM) to the problem of identifying opportunities to enhance agriculture’s contribution to economic growth and poverty alleviation...
Persistent link: https://www.econbiz.de/10011132799
This study analyzes growth options in agricultural sub-sectors to accelerate overall economic growth and reduce poverty in Nigeria in the next nine years (2009-17) using an economy-wide, dynamic computable general equilibrium (DCGE) model. The model results show that if the individual...
Persistent link: https://www.econbiz.de/10011132806