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The Economy of Ghana Sixty Years after Independence

Editor

Listed:
  • Aryeetey, Ernest
    (Vice Chancellor, University of Ghana)

  • Kanbur, Ravi
    (T.H. Lee Professor of World Affairs, International Professor of Applied Economics and Management, and Professor of Economics, Cornell University)

Abstract

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. Contributors to this volume - Charles G. Ackah Clement Adamba A.D. Amarquaye Laryea Ernest Aryeetey William Baah-Boateng Emmanuel A. Codjoe Robert Darko Osei Ama de-Graft Aikins Fred Dzanku Festus Ebo Turkson Kwabena Gyimah-Brempong Abigail Hilson Gavin Hilson Ravi Kanbur Kwadwo Koram Augustin Kwasi Fosu Sam Mensah Andy McKay Edward Nketiah-Amponsah Franklin Obeng-Odoom Abena D. Oduro Isaac Osei-Akoto Eric Osei-Assibey Nkechi S. Owoo George Owusu Bernice Owusu-Brown John Page Ama Pokuaa Fenny Peter Quartey Bernadin Senadza William F. Steel Henry Telli K. A. Tutu Daniel K. Twerefou Christopher Udry Patricia Woedem Aidam Paul W. K. Yankson

Suggested Citation

  • Aryeetey, Ernest & Kanbur, Ravi (ed.), 2017. "The Economy of Ghana Sixty Years after Independence," OUP Catalogue, Oxford University Press, number 9780198753438.
    • Handle: RePEc:oxp:obooks:9780198753438
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    Citations

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    Cited by:

    1. Ernest Aryeetey & Ishmael Ackah, 2018. "The boom, the bust, and the dynamics of oil resource management in Ghana," WIDER Working Paper Series wp-2018-89, World Institute for Development Economic Research (UNU-WIDER).
    2. H.P.P. Donfouet & G. Agesa & M.K. Mutua, 2019. "Trends of inequalities in childhood immunization coverage among children aged 12-23 months in Kenya, Ghana, and Côte d'Ivoire," Post-Print hal-02864923, HAL.
    3. Baah-Boateng, William & Twum, Eric & Twumasi Baffour, Priscilla, 2019. "“Whom you know” and labour market outcomes: An empirical investigation in Ghana," MPRA Paper 109688, University Library of Munich, Germany.
    4. Abdul-Wadood Moomen & Lily Lisa Yevugah & Louvis Boakye & Jeff Dacosta Osei & Francis Muthoni, 2024. "Review of Applications of Remote Sensing towards Sustainable Agriculture in the Northern Savannah Regions of Ghana," Agriculture, MDPI, vol. 14(4), pages 1-22, March.
    5. David Kwasi Mensah, 2021. "Leadership and Economic Development of Ghana," Journal of Social Science Studies, Macrothink Institute, vol. 8(1), pages 24-46, June.
    6. Michael Tribe & Mozammel Huq, 2019. "Ghana's new national income data series: follow-up to M Huq and M Tribe's - The economy of Ghana: 50 years of economic development (Palgrave Macmillan, 2018)," Working Papers 1907, University of Strathclyde Business School, Department of Economics.
    7. William Baah-Boateng & Eric Twum, 2019. "Economic Complexity and Employment for Women and Youth: The Case of Ghana," Working Papers idrcdprughana, University of Cape Town, Development Policy Research Unit.
    8. Ernest Aryeetey & Ishmael Ackah, 2018. "The boom, the bust, and the dynamics of oil resource management in Ghana," WIDER Working Paper Series 89, World Institute for Development Economic Research (UNU-WIDER).
    9. Opoku Adabor & Emmanuel Buabeng & Raoul Fani Djomo Choumbou, 2021. "Asymmetrical effect of oil and gas resource rent on economic growth: Empirical evidence from Ghana," Cogent Economics & Finance, Taylor & Francis Journals, vol. 9(1), pages 1971355-197, January.
    10. Stenzel, Alicia G. & Osei Kwadwo, Victor & Vincent, Rose C., 2024. "Free secondary education policy and education attainment," International Journal of Educational Development, Elsevier, vol. 106(C).
    11. Ana Alacovska & Thilde Langevang & Robin Steedman, 2021. "The work of hope: Spiritualizing, hustling and waiting in the creative industries in Ghana," Environment and Planning A, , vol. 53(4), pages 619-637, June.

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