Understanding Ghana's growth success story and job creation challenges
Ernest Aryeetey and
William Baah-Boateng
No wp-2015-140, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)
Abstract:
Ghana's status as one of the African Lions is linked to the country's remarkable growth performance, which culminated in the attainment of lower middle-income status. However, employment response to growth has been weak. Additionally, growth has been accompanied by substantial reduction in poverty, albeit increasing inequality. This development is explained by a slower growth in high labour absorption sectors of agriculture and manufacturing as against high growth in low employment generating sectors of mining and oil extraction.
Keywords: Economic growth; Employees; Equality and inequality; Labour productivity (search for similar items in EconPapers)
Date: 2015
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