Ghana: The challenges of growth faced with increasing imbalances

Clémence Vergne

Working Paper from Agence française de développement

Abstract: Ghana, West Africa’s second largest economy, has been particularly adept over the last decade at consolidating its democracy and bolstering its growth regime. Despite the financial crisis, the country has seen average annual growth rates of over 7 per cent since 2005. Furthermore, Ghana has recently become an oil producer and the developing oil sector has quickened the pace of growth, which reached almost 15 per cent in 2011. This enhanced growth has resulted in a rise of per capita income levels and enabled Ghana to attain the status of a low-middle-income country according to World Bank rankings.

Keywords: Afrique; Ghana (search for similar items in EconPapers)
JEL-codes: E (search for similar items in EconPapers)
Pages: 38
Date: 2017-08-31
References: View complete reference list from CitEc
Citations:

Published in Macrodev

Downloads: (external link)
https://www.afd.fr/sites/afd/files/imported-files/15-Macrodev.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:avg:wpaper:en3952

Access Statistics for this paper

More papers in Working Paper from Agence française de développement Contact information at EDIRC.
Bibliographic data for series maintained by AFD ().