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1 Online-Ressource (circa 39 Seiten)
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Serie:
Policy research working paper 8699
Inhalt:
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 perspective, the paper compares Ghana with its structural and aspirational peers. The paper finds that the contribution of structural change to growth has been limited and attributes this to labor that was freed up in agriculture not being absorbed by high-productivity sectors. Looking at factors that drove growth since 2000, financial development and infrastructure had the most important impacts. A benchmark analysis suggests that those areas should remain the policy focus over the longer term, but that near-term priority should be given to stabilization policies
Weitere Ausg.:
Erscheint auch als Druck-Ausgabe Geiger, Michael Understanding Economic Growth in Ghana in Comparative Perspective Washington, D.C : The World Bank, 2019
Sprache:
Englisch
Schlagwort(e):
Graue Literatur
DOI:
10.1596/1813-9450-8699
URL:
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Mehr zum Autor:
Wacker, Konstantin 1982-
Mehr zum Autor:
Geiger, Michael 1976-