Understanding Ghana’s Growth Success Story and Job Creation Challenges

This paper seeks to provide an analytical assessment of Ghana’s economic growth. Ghana’s status as one of the African Lions is linked to the country’s remarkable growth performance. Growth of labour productivity at the national and sectoral level is examined, as well as the sectoral contribution to aggregate productivity growth. The article also analyses the effect of growth on employment and the employment-poverty linkage in terms of elasticity within the growth-employment-poverty nexus in Ghana. It also delves into a discussion of the constraints on growth and productive employment from both demand and supply perspectives, and identifies skills gaps and the opportunities offered in the country, which has experienced strong growth performance. The article has five sections, with an overview of Ghana’s economic growth performance.