I am happy to report that a research paper I have been working on at the World Bank has just been published . The study takes stock of Ghana's economic transformation by decomposing growth drivers and reviewing labor market changes over time. We use three rounds of nationally-representative household surveys as well as macro-level data to benchmark Ghana with structural and aspirational peers. G hana's post-independence (1957) industrialization strategy focused on large-scale, state-managed manufacturing industries known as import substitution industrialization (ISI). ISI, accompanied by protectionist measures, aimed to develop domestic production and reduce reliance on imports. During the 1960s, Ghana experienced initial success with ISI, witnessing significant growth in the manufacturing sector, which expanded from 2% to 9% of total output by 1969. However, the protective measures led to excess capacity, and policy reversals in the 1970s caused balance of payments crises....
Economics, Data Science, Consulting