1. Introduction -- 2. Developing country growth and the commodity terms of trade -- 3. The statistical properites of commodity prices -- 4. Country case studies : primary commodities and economic development -- 5. Conclusion : commodity dependence in developing countries: economic destiny or...

Ghana has experienced a decade of solid and exceptionally high growth. Between 2005 and 2015, income nearly doubled. This paper analyzes the factors driving this impressive growth performance, using tools such as structural change decompositions and growth regressions. For the comparative...