Ghana’s Middle-Income Reality Check Part II: Social And Infrastructure Dimensions
"After rebasing in 2010, Ghana’s per capita GDP rose to Middle-Income Country (MIC) level as defined by the World Bank. The per capita income measure is, however, seen to be too narrow as it does not even include key economic indicators let alone important social and development indicators. As the second of a two-part paper, this paper assesses Ghana’s Middle-Income status in comparison with Malaysia and South Africa based on social and infrastructure indicators. The paper finds that Ghana trails these two major MICs in terms of almost all the social and the infrastructure indicators investigated. The paper concludes that Ghana may need to undertake major policy interventions, including reallocating resources to these sectors and improving efficiency of spending, to improve its social and infrastructure indicators commensurate with its new MIC status."