Options for Export Diversification and Faster Export Growth in Ghana

MPRA Paper No. 18539, November 11, 2009 00:09 UTC

30 Pages Posted: 12 Jun 2013

Date Written: November 11, 2007

Abstract

This paper discusses how Ghana’s path to a middle income status does not have to be paved with only manufactured products. There are multiple paths and processed natural resources-based products are not necessarily a curse, and if Ghana wants and it builds the requisite capacity, it can turn them into an opportunity. This chapter suggests that one policy challenge for Ghana is to facilitate a comprehensive package of sector specific polices dedicated to fostering the technological capabilities and other nontradable public inputs necessary to potentially scale up 6 identified sectors. We also find that 3 of the 4 Presidential Special Initiative products – starch, salt, palm oil are efficient choices but the efficiency of textiles is unclear. Our analysis also indicates that when income enhancement is the objective, there is no blueprint for a diversification strategy.

Keywords: Ghana, economic growth, export diversification, structural transformation

JEL Classification: O55, O25, O38, O12

Suggested Citation

Chandra, Vandana and Osorio-Rodarte, Israel, Options for Export Diversification and Faster Export Growth in Ghana (November 11, 2007). MPRA Paper No. 18539, November 11, 2009 00:09 UTC, Available at SSRN: https://ssrn.com/abstract=2277010

Vandana Chandra

affiliation not provided to SSRN

Israel Osorio-Rodarte (Contact Author)

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
54
Abstract Views
429
rank
459,633
PlumX Metrics