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Understanding Ghana's growth success story and job creation challenges

Author

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  • Ernest Aryeetey
  • William Baah-Boateng

Abstract

Ghana's status as one of the African Lions is linked to the country's remarkable growth performance, which culminated in the attainment of lower middle-income status. However, employment response to growth has been weak. Additionally, growth has been accompanied by substantial reduction in poverty, albeit increasing inequality. This development is explained by a slower growth in high labour absorption sectors of agriculture and manufacturing as against high growth in low employment generating sectors of mining and oil extraction.

Suggested Citation

  • Ernest Aryeetey & William Baah-Boateng, 2015. "Understanding Ghana's growth success story and job creation challenges," WIDER Working Paper Series wp-2015-140, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2015-140
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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2015-140.pdf
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    References listed on IDEAS

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    1. World Bank, 2014. "World Development Indicators 2014," World Bank Publications - Books, The World Bank Group, number 18237, December.
    2. Sparreboom, Theo. & Gomis, Roger., 2015. "Structural change, employment and education in Ghana," ILO Working Papers 994895323402676, International Labour Organization.
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    Cited by:

    1. Desai, Raj M. & Rudra, Nita, 2019. "Trade, poverty, and social protection in developing countries," European Journal of Political Economy, Elsevier, vol. 60(C).
    2. Hoedoafia, Mabel Akosua, 2019. "Private Sector Development in Ghana: An Overview," MPRA Paper 96732, University Library of Munich, Germany.
    3. James Atta Peprah & Isaac Kwesi Ofori & Abel Nyarko Asomani, 2019. "Financial development, remittances and economic growth: A threshold analysis," Cogent Economics & Finance, Taylor & Francis Journals, vol. 7(1), pages 1625107-162, January.
    4. Clementi, Fabio & Molini, Vasco & Schettino, Francesco, 2018. "All that Glitters is not Gold: Polarization Amid Poverty Reduction in Ghana," World Development, Elsevier, vol. 102(C), pages 275-291.
    5. Christian K. Darko & Kennedy K. Abrokwa, 2020. "Do you really need it? Educational mismatch and earnings in Ghana," Review of Development Economics, Wiley Blackwell, vol. 24(4), pages 1365-1392, November.
    6. Kwakwa, Paul Adjei, 2019. "Ghana’s economic growth and welfare issues," MPRA Paper 96019, University Library of Munich, Germany.
    7. Sèna Kimm Gnangnon, 2023. "Do unilateral trade preferences help reduce poverty in beneficiary countries?," International Journal of Economic Policy Studies, Springer, vol. 17(1), pages 249-288, February.
    8. Stephen Golub & Aly Mbaye & Hanyu Chwe, 2015. "Labor Market Regulations in Sub-Saharan Africa, With a Focus on Senegal," Working Papers 201505, University of Cape Town, Development Policy Research Unit.
    9. Diao, Xinshen & Fang, Peixun & Magalhaes, Eduardo & Pahl, Stefan & Silver, Jed, 2017. "Cities and rural transformation: A spatial analysis of rural youth livelihoods in Ghana," IFPRI discussion papers 1599, International Food Policy Research Institute (IFPRI).
    10. Diao, Xinshen & Magalhaes, Eduardo & Silver, Jed, 2019. "Cities and rural transformation: A spatial analysis of rural livelihoods in Ghana," World Development, Elsevier, vol. 121(C), pages 141-157.
    11. Gamel Abdul-Nasser Salifu, 2019. "The Political Economy Dynamics of Rural Household Income Diversification: A Review of the International Literature," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(3), pages 273-290, December.
    12. Gnangnon, Sèna Kimm, 2021. "Do Unilateral Trade Preferences Help Reduce Poverty in Beneficiary Countries?," EconStor Preprints 247346, ZBW - Leibniz Information Centre for Economics.
    13. Esther Duflo & Pascaline Dupas & Michael Kremer, 2021. "The Impact of Free Secondary Education: Experimental Evidence from Ghana," NBER Working Papers 28937, National Bureau of Economic Research, Inc.
    14. Tian Hongyun & William Adomako Kankam & Florence Appiah-Twum & Isaac Gumah Akolgo, 2019. "Effect of Social Capital on Firm Performance: The Role of Entrepreneurial Orientation and Dynamic Capability," International Review of Management and Marketing, Econjournals, vol. 9(4), pages 63-73.

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