Economic transformation in Ghana: Where will the path lead?

In the context of the Ghanaian government's objective of structural transformation with an emphasis on manufacturing, this paper provides a case study of economic transformation in Ghana, exploring patterns of growth, sector transformation, and agglomeration. We document and examine why, despite imp...

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Autores principales: Kolavalli, Shashidhara, Robinson, Elizabeth J. Z., Diao, Xinshen, Alpuerto, Vida, Folledo, Renato, Slavova, Mira, Ngeleza, Guyslain K., Asante, Felix Ankomah
Formato: Journal Article
Lenguaje:Inglés
Publicado: Pennsylvania State University Press 2012
Materias:
Acceso en línea:https://hdl.handle.net/10568/153353
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author Kolavalli, Shashidhara
Robinson, Elizabeth J. Z.
Diao, Xinshen
Alpuerto, Vida
Folledo, Renato
Slavova, Mira
Ngeleza, Guyslain K.
Asante, Felix Ankomah
author_browse Alpuerto, Vida
Asante, Felix Ankomah
Diao, Xinshen
Folledo, Renato
Kolavalli, Shashidhara
Ngeleza, Guyslain K.
Robinson, Elizabeth J. Z.
Slavova, Mira
author_facet Kolavalli, Shashidhara
Robinson, Elizabeth J. Z.
Diao, Xinshen
Alpuerto, Vida
Folledo, Renato
Slavova, Mira
Ngeleza, Guyslain K.
Asante, Felix Ankomah
author_sort Kolavalli, Shashidhara
collection Repository of Agricultural Research Outputs (CGSpace)
description In the context of the Ghanaian government's objective of structural transformation with an emphasis on manufacturing, this paper provides a case study of economic transformation in Ghana, exploring patterns of growth, sector transformation, and agglomeration. We document and examine why, despite impressive growth and poverty reduction figures, Ghana's economy has exhibited less transformation than might be expected for a country that has recently achieved middle-income status. Ghana's reduced share of agriculture in the economy, unlike many successfully transformed countries in Asia and Latin America, has been filled by services, while manufacturing has stagnated and even declined. Likely causes include weak transformation of the agricultural sector and therefore little development of agro-processing, the emergence of “consumption cities” and consumption-driven growth, upward pressure on the exchange rate, weak production linkages, and a poor environment for private-sector-led manufacturing.
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publishDate 2012
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publisherStr Pennsylvania State University Press
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spelling CGSpace1533532025-12-08T10:29:22Z Economic transformation in Ghana: Where will the path lead? Kolavalli, Shashidhara Robinson, Elizabeth J. Z. Diao, Xinshen Alpuerto, Vida Folledo, Renato Slavova, Mira Ngeleza, Guyslain K. Asante, Felix Ankomah economic development In the context of the Ghanaian government's objective of structural transformation with an emphasis on manufacturing, this paper provides a case study of economic transformation in Ghana, exploring patterns of growth, sector transformation, and agglomeration. We document and examine why, despite impressive growth and poverty reduction figures, Ghana's economy has exhibited less transformation than might be expected for a country that has recently achieved middle-income status. Ghana's reduced share of agriculture in the economy, unlike many successfully transformed countries in Asia and Latin America, has been filled by services, while manufacturing has stagnated and even declined. Likely causes include weak transformation of the agricultural sector and therefore little development of agro-processing, the emergence of “consumption cities” and consumption-driven growth, upward pressure on the exchange rate, weak production linkages, and a poor environment for private-sector-led manufacturing. 2012-10 2024-10-01T13:56:00Z 2024-10-01T13:56:00Z Journal Article https://hdl.handle.net/10568/153353 en Limited Access Pennsylvania State University Press Kolavalli, Shashidhara; Robinson, Elizabeth J. Z.; Diao, Xinshen; Alpuerto, Vida; Folledo, Renato; Slavova, Mira; Ngeleza, Guyslain K.; Asante, Felix Ankomah 2012. Economic transformation in Ghana: Where will the path lead? Journal of African Development 14(2): 41-78 https://doi.org/10.5325/jafrideve.14.2.0041
spellingShingle economic development
Kolavalli, Shashidhara
Robinson, Elizabeth J. Z.
Diao, Xinshen
Alpuerto, Vida
Folledo, Renato
Slavova, Mira
Ngeleza, Guyslain K.
Asante, Felix Ankomah
Economic transformation in Ghana: Where will the path lead?
title Economic transformation in Ghana: Where will the path lead?
title_full Economic transformation in Ghana: Where will the path lead?
title_fullStr Economic transformation in Ghana: Where will the path lead?
title_full_unstemmed Economic transformation in Ghana: Where will the path lead?
title_short Economic transformation in Ghana: Where will the path lead?
title_sort economic transformation in ghana where will the path lead
topic economic development
url https://hdl.handle.net/10568/153353
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