Month: March 2020

Role of Religious bodies in successful implementation of the One District, One Factory (1D1F) Programme

1D1F policy is Ghana’s industrialisation drive intended to transform the economy from an agriculture-led to industry-led. This strategy, it is believed, would enhance the chances of transitioning the economy from one characterised by low-paying jobs to one dominated by high-paying job opportunities. Recent corporate failures such as the liquidation of nine (9) universal banks, twenty-three (23) savings …

Role of Religious bodies in successful implementation of the One District, One Factory (1D1F) Programme Read More »

One District One Factory policy, and the implications for job creation

On Friday, the 25th of August, 2017, the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo launched the government’s flagship programme dubbed “One District One Factory” at Ekumfi in the Central Region. The launch marked the formal introduction and implementation of the government’s industrialisation policy. The fruit processing factory at Ekumfi is expected to create ready market …

One District One Factory policy, and the implications for job creation Read More »

Contribution of infrastructure development to Ghana’s Economic Growth

Sustainable infrastructure development in the medium- and long-term remains one of the major considerations which attract foreign investors and foreign direct investment (FDI) to economies across the globe. It assures sustainable poverty reduction and propels economic growth in developing and emerging economies, including Ghana. This provides a succinct justification for the Government of Ghana’s resolve to …

Contribution of infrastructure development to Ghana’s Economic Growth Read More »

Contribution of infrastructural development to economic growth

Sustainable infrastructure development in the medium- and long-term remains one of the major considerations which attract foreign investors and foreign direct investment (FDI) to economies across the globe. It assures sustainable poverty reduction and propels economic growth in developing and emerging economies, including Ghana. This provides a succinct justification for the Government of Ghana’s resolve …

Contribution of infrastructural development to economic growth Read More »

Implications of Davos 2020 for Global Economic Growth (Part I)

The 50th Annual meeting of the World Economic Forum (WEF) was held from 21st January to 24th January, 2020 at Davos in Geneva, Switzerland. The five-day event focused on how stakeholder capitalism could help address the world’s urgent and pressing socio-economic challenges. Established in 1971, the World Economic Forum’s activities are generally nucleated around how to shape industry, …

Implications of Davos 2020 for Global Economic Growth (Part I) Read More »

Implications of Davos 2020 for Global Economic Growth (Part ii)

The current publication assesses the impact of the melting Arctic ice, the fourth industrial revolution, leadership and geopolitics on human and national economic activities in the 21st century in various parts of the world. This feature is a continuation of an earlier publication which ended on climate change and its relative effect on economies across the globe. Here …

Implications of Davos 2020 for Global Economic Growth (Part ii) Read More »

Effect of Brexit on UK-EU economic relations

The process of the United Kingdom’s (UK’s) decision to withdraw from the European Union (EU) began on 23rd June, 2016 when the United Kingdom voted in a referendum to leave the Union. About 17.4 million people voted to opt out. The results indicated 52% opted to leave while 48% voted to remain in the European Union. The …

Effect of Brexit on UK-EU economic relations Read More »

Effect of Pension Fund Assets on Ghana’s GDP

Abstract: The decision to implement pensions as a unique compensation scheme to reward individuals and civil servants who commit themselves to work and contribute meaningfully to the socio-economic development and growth of their economies dates back to over four centuries in some jurisdictions. The foregoing affirms the significant role of pensions in living standards and …

Effect of Pension Fund Assets on Ghana’s GDP Read More »

“We eat GDP”- Chartered Economist rebuts “we don’t eat GDP” sentiments

To say that Gross Domestic Product (GDP) and other economic indicators do not reflect in the everyday life of the people and so African Government should stop touting them as achievements is a narrow way of looking at the situation, A Fellow Chartered Economist and Chief Executive Officer of the EBEN Consultancy, Dr Ebenezer Ashley, …

“We eat GDP”- Chartered Economist rebuts “we don’t eat GDP” sentiments Read More »

GDP As An Indicator Of Economic Progress

NEWS COMMENTARY ON GDP AS AN INDICATOR OF ECONOMIC PROGRESS Gross Domestic Product (GDP), is one of the economic indicators that show whether the country is making economic progress or not. However, a section of the public believes that GDP does not reflect in the everyday life of the people and therefore African governments should …

GDP As An Indicator Of Economic Progress Read More »