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Ghana's economic growth picked up in the early 2000s and has been exceptionally strong over the past few years, with … paper examines recent econometric evidence on Ghana's long-term growth and evaluates its sustainability. The empirical … evidence surveyed finds that Ghana's main growth drivers were investment, oil, and mineral rents, while government consumption …
Persistent link: https://www.econbiz.de/10012972474
This paper employs a simple cross-country panel framework to assess the determinants of growth in Ghana's gross … Ghana. Using the preferred specification, Ghana's growth potential is predicted for the upcoming decades under different … compared with the period 2005-09, Ghana's gross domestic product per capita growth rates will stagnate at approximately 4 …
Persistent link: https://www.econbiz.de/10012560855
production, and its impact on economic growth in Ghana. Through the application of the robust Fully Modified OLS methodology and …. Ghana's success in avoiding the resource curse is attributed to a multifaceted strategy encompassing diversified economic …-can drive resilient and comprehensive economic growth. Ghana's experience serves as a compelling template for informed policy …
Persistent link: https://www.econbiz.de/10014635952
of Ghana’s 1992 constitution, which enjoins Government to ensure that the national economy is managed efficiently to …
Persistent link: https://www.econbiz.de/10015080226
Persistent link: https://www.econbiz.de/10009486324
We investigate the asymmetric effect of oil and gas resource rent on economic growth of Ghana for the period 2010 to … countries with similar socioeconomic and demographic setting like Ghana. Finally, government and monetary authorities should … promote policies that attract foreign direct investment inflow in Ghana while taming inflation and lending rate towards growth …
Persistent link: https://www.econbiz.de/10013184410
Will Ghana’s oil production from 2011 accelerate progress toward middle-income status, or will it retard gains in … techniques. Results confirm that resource rich countries in Ghana’s income range do experience slower growth than their more … diversified peers, an effect that appears to be related to weaker governance. Provided that Ghana can preserve and improve its …
Persistent link: https://www.econbiz.de/10014399413
Persistent link: https://www.econbiz.de/10013364200
The article provides a broad-based overview on competing development strategies and the economic performance of developing countries, mainly since the year 2000. Four traditional mainstream development strategies are discussed (Washington Consensus, neo-liberalism, "good governance" and MDGs)...
Persistent link: https://www.econbiz.de/10011300734
"Resource curse", "Dutch disease", "gold rush", "blood diamonds" - those are just some of the epithets used to characterise the role of natural resources in economic development. They certainly do not set a positive tone for a constructive discussion. The purpose of this report is to change that...
Persistent link: https://www.econbiz.de/10011398293