Unleashing Ghana's Manufacturing Might: A Comprehensive Analysis of Performance, Competitiveness, and Policy Pathways
Samuel Yeboah
MPRA Paper from University Library of Munich, Germany
Abstract:
This review provides a comprehensive analysis of the performance and competitiveness of Ghana's manufacturing sector. It synthesizes relevant literature from academic databases, research papers, reports, and policy documents to examine the sector's contribution to GDP, employment generation, export performance, and factors influencing competitiveness. The findings highlight the challenges faced by the sector, including stagnant GDP contribution, limited job quality, mixed export performance, and factors such as inadequate access to finance, high energy costs, poor infrastructure, limited technological innovation, and skills gaps. Evidence-based policy recommendations are provided to enhance the sector's growth and competitiveness, including infrastructure development, access to finance, technological innovation, skills development, and regulatory reforms. The review also identifies gaps in the literature and suggests future research directions to further understand and address the dynamics of Ghana's manufacturing sector.
Keywords: manufacturing sector; Ghana; performance; competitiveness; GDP contribution; employment generation; export performance; factors affecting competitiveness; policy recommendations (search for similar items in EconPapers)
JEL-codes: L60 O14 O25 O55 (search for similar items in EconPapers)
Date: 2023-05-07, Revised 2023-06-13
New Economics Papers: this item is included in nep-cse
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:117982
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