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, sectoral transformation, and agglomeration. We document and examine why, despite i...

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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: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2012
Materias:
Acceso en línea:https://hdl.handle.net/10568/153815
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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, sectoral 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 agroprocessing, 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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spelling CGSpace1538152025-11-06T06:55:04Z 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 growth economic development agricultural sector private sector 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, sectoral 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 agroprocessing, 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 2024-10-01T13:57:48Z 2024-10-01T13:57:48Z Working Paper https://hdl.handle.net/10568/153815 en Open Access application/pdf International Food Policy Research Institute 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? IFPRI Discussion Paper 1161. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/153815
spellingShingle economic growth
economic development
agricultural sector
private sector
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 growth
economic development
agricultural sector
private sector
url https://hdl.handle.net/10568/153815
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