The effects of a CAADP-compliant budget on poverty and inequality in Ghana
Ghana has accepted the CAADP commitment to dedicate 10 percent of government spending to the agricultural sector. In a 2014 paper, Benin argues that Ghana falls short of that goal, and in a 2016 paper, Younger shows that despite the current fiscal crisis, there is fiscal space to meet the commitment...
| Main Authors: | , |
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| Format: | Artículo preliminar |
| Language: | Inglés |
| Published: |
International Food Policy Research Institute
2017
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| Subjects: | |
| Online Access: | https://hdl.handle.net/10568/148414 |
| _version_ | 1855531385568100352 |
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| author | Younger, Stephen D. Benin, Samuel |
| author_browse | Benin, Samuel Younger, Stephen D. |
| author_facet | Younger, Stephen D. Benin, Samuel |
| author_sort | Younger, Stephen D. |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Ghana has accepted the CAADP commitment to dedicate 10 percent of government spending to the agricultural sector. In a 2014 paper, Benin argues that Ghana falls short of that goal, and in a 2016 paper, Younger shows that despite the current fiscal crisis, there is fiscal space to meet the commitment. Benin estimates the rates of return to increased public expenditure on agriculture, finding that they are quite high, especially if the investments are made in the noncocoa sector. This paper uses Benin’s estimates to examine the poverty and inequality consequences of increasing public expenditure on agriculture. Key conclusions are that public expenditure on agriculture is surprisingly progressive, especially if spent in the grains subsector. This progressivity, combined with the high rate of return, means that public investment in agriculture may actually be more efficient at reducing poverty than LEAP, Ghana’s targeted conditional cash transfer program. |
| format | Artículo preliminar |
| id | CGSpace148414 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2017 |
| publishDateRange | 2017 |
| publishDateSort | 2017 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1484142025-11-06T06:50:50Z The effects of a CAADP-compliant budget on poverty and inequality in Ghana Younger, Stephen D. Benin, Samuel public investment caadp agricultural development poverty public expenditure equality Ghana has accepted the CAADP commitment to dedicate 10 percent of government spending to the agricultural sector. In a 2014 paper, Benin argues that Ghana falls short of that goal, and in a 2016 paper, Younger shows that despite the current fiscal crisis, there is fiscal space to meet the commitment. Benin estimates the rates of return to increased public expenditure on agriculture, finding that they are quite high, especially if the investments are made in the noncocoa sector. This paper uses Benin’s estimates to examine the poverty and inequality consequences of increasing public expenditure on agriculture. Key conclusions are that public expenditure on agriculture is surprisingly progressive, especially if spent in the grains subsector. This progressivity, combined with the high rate of return, means that public investment in agriculture may actually be more efficient at reducing poverty than LEAP, Ghana’s targeted conditional cash transfer program. 2017 2024-06-21T09:24:37Z 2024-06-21T09:24:37Z Working Paper https://hdl.handle.net/10568/148414 en https://hdl.handle.net/10568/149541 https://hdl.handle.net/10568/148215 https://hdl.handle.net/10568/147701 application/pdf International Food Policy Research Institute Younger, Stephen D.; and Benin, Samuel. 2017. The effects of a CAADP-compliant budget on poverty and inequality in Ghana. IFPRI Discussion Paper 1677. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148414 |
| spellingShingle | public investment caadp agricultural development poverty public expenditure equality Younger, Stephen D. Benin, Samuel The effects of a CAADP-compliant budget on poverty and inequality in Ghana |
| title | The effects of a CAADP-compliant budget on poverty and inequality in Ghana |
| title_full | The effects of a CAADP-compliant budget on poverty and inequality in Ghana |
| title_fullStr | The effects of a CAADP-compliant budget on poverty and inequality in Ghana |
| title_full_unstemmed | The effects of a CAADP-compliant budget on poverty and inequality in Ghana |
| title_short | The effects of a CAADP-compliant budget on poverty and inequality in Ghana |
| title_sort | effects of a caadp compliant budget on poverty and inequality in ghana |
| topic | public investment caadp agricultural development poverty public expenditure equality |
| url | https://hdl.handle.net/10568/148414 |
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