November 15, 2018

Ensuring Strong Broad-Based Economic Growth and Significant Reduction in Unemployment in Ghana

Ensuring Strong Broad-Based Economic Growth and Significant Reduction in Unemployment in Ghana Having witnessed a decline in economic growth in the 1990s on average, Ghana recorded increased rates of economic growth in the 2000s. In 2011 and 2012, the economy of Ghana registered exceptionally high growth rates. Even though this was partly due to the production of oil in commercial... Read more
October 28, 2018

Strong Economic Growth And Significant Reduction In Unemployment: The Critical Issues To Address In Ghana’s 2019 Budget

Unemployment has become the most serious challenge currently confronting Ghana. Indeed, the unemployment problem has reached a crisis point, given that the rate consistently increased over the most part of the last three decades, and stood at 11.9% at the end of 2015. The overwhelming majority of the unemployed are young people, aged between 15 and 34 years. Only 10% of graduates find jobs after their national service, and available statistics show that sometimes it takes up to 10 years for a large number of graduates to secure employment. Majority of the employed are in the private sector, of which about 90% are in the informal sector. The informal sector is known for its low productivity and very low incomes. The failure of Ghana’s economy to grow at appreciable rates in order to create jobs and improve incomes and livelihoods of Ghanaians has become a major concern. This paper we delved deep into how a strong and broad-based economic growth can be achieved to significantly reduce unemployment in Ghana.
October 12, 2018

Pension Systems- A General Overview [Occasional Paper 15]

Pension Systems- A General Overview Ghana, like most countries, has introduced comprehensive reforms to its pension system, leading to the establishment of a new three-tier pension structure in 2008. This paper looks at the general concept of pensions from the basics and is intended to serve as a source of reference for subsequent papers on pensions. It considers the rationale... Read more
May 9, 2018

Economic Shocks And Growth 
In Post-Independence Ghana, 1957 To 2017 [Occasional Paper 14]

Economic Shocks And Growth 
In Post-Independence Ghana, 1957 To 2017 The study analyses economic growth based on annual changes in real gross domestic product (GDP) in Ghana during the post-independence period from 1957 to 2017 using an econometric approach involving an autoregressive modelling scheme that incorporates several economic shocks as separate independent variables. The economic shocks included in the model... Read more
January 20, 2018

Does the 2018 Budget and Economic Policy Address the Critical Challenges Facing Ghana? [Occasional Paper 13]

Ghana is currently facing three critical economic challenges, namely a slowdown of economic growth, rising unemployment and a surging public debt. The broad agenda of the government in 2018 is to guide the economy to grow and create more job opportunities to deal with the surging unemployment by revers- ing the abysmal performance of the agriculture sector and reviving the... Read more
October 23, 2017

Government Expenditure Arrears in Ghana: Trends, Causes and Management [Occasional Paper 12]

Read full paper here Occasion... Read more

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