By Mercy TEDEKU & Paul FRIMPONG
What will the future of Africa-China relations look like without the active participation of the youth? How can a continent where over 60% of the population is under 25 years old thrive without the voices, ideas, and innovations of its young people?
We must address...
By Bright BOATENG
Inflation is a key macroeconomic variable that affects the stability of an economy. It represents the rate at which the general price level of goods and services in an economy rises, eroding purchasing power and affecting various aspects of economic stability.
Controlling inflation is a primary goal of...
By Eswar PRASAD
After a tumultuous couple of years, the global economy finally seems to be in recovery mode. But beneath a placid surface of falling inflation and rising overall growth lie considerable inconsistencies, weaknesses, and tensions, reflected in tanking private-sector confidence.
The latest update of the Brookings-Financial Times Tracking Indexes...
By Samuel Lartey (Prof.)
[email protected]
Ghana, once lauded as an African success story, has faced significant economic hurdles in recent years, from overburdened national debt to the volatile depreciation of the cedi, sky-high inflation, and the environmental destruction caused by illegal mining (Galamsey).
As the country nears the 2024 General Elections, signs...
By Ebenezer Chike Adjei NJOKU
Ghana has long been recognized as a lighthouse of stability in a region often characterized by volatility. Its reputation for democratic governance, rich natural resources, and growing consumer market have made it an attractive destination for foreign investment.
Yet, despite these advantages, the country struggles to fully...
By Isaac Yaw OBENG
Agricultural exports contribute significantly to Ghana’s economy. According to the data, agri-food products worth US$3.4billion were exported from Ghana over the period 2022 and 2023 (Ghana Statistical Service, 2023.
Ghana’s agricultural-related exports are led by Cocoa and Cocoa preparations ($1.090B), Edible fruits, nuts, peel of citrus fruit, melons (US$387.29M), and Animal, vegetable...
By Kofi Anokye OWUSU-DARKO (Dr)
For many young people in Ghana, finding a decent job that offers both stability and growth is becoming increasingly difficult. Each year, thousands of graduates and school leavers enter the workforce, but the availability of quality jobs remains limited.
Rising unemployment and underemployment have left many...
By Patrick BOLTON & Haizhou HUANG
About two years ago, in the aftermath of the COVID-19 pandemic, China’s economy hit a roadblock. As all sectors underwent deleveraging, economic growth slowed, household savings rates increased, and businesses scaled back their investments and accumulated savings.
Many now wonder whether consumers and companies are...
By Richmond Kwame FRIMPONG
Macroeconomic instability, rising interest rates, growing debt burdens, and environmental crises are all compounding, threatening to derail development progress of emerging economies in Africa.
The global financial architecture - encompassing international financial institutions (IFIs), private sector capital flows, and multilateral development banks—has long been a conduit...
President Nana Addo Dankwa Akufo-Addo, has officially received the first copy of the Oxford Business Group’s (OBG) annual economic report, The Report: Ghana 2024. The report, was presented during a meeting between the President, Oxford Business Group and the Ghana Investment Promotion Centre (GIPC) in Accra.
It explores the factors...