Sustainable Livelihoods in Artisanal Small-Scale Mining Communities: A Case Study of Tarkwa-Nsuaem Municipality of Ghana
In: Global Social Welfare, Band 4, Heft 3
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In: Global Social Welfare, Band 4, Heft 3
SSRN
In: ILIRIA International Review, 2020, Vol. 10 (1) pages 260-300.
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Working paper
In: South African Journal of Economics, Band 85, Heft 1
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In: International Journal of Educational Management, 2018, vol. 32, issue 4, pages 606-624
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In: Global social welfare: research, policy, & practice, Band 5, Heft 4, S. 189-198
ISSN: 2196-8799
In: Global social welfare: research, policy, & practice, Band 7, Heft 1, S. 81-95
ISSN: 2196-8799
In: South African Journal of Economic and Management Sciences, Band 19, Heft 4
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Working paper
In: Contemporary Economics, Band 9, Heft 3, S. 299-318
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In this paper, we examine the causal relationship between aid inflows and economic growth for Ghana during the period from 1970 - 2013, taking into account structural breaks. To better reflect causality, corruption and trade are included as control variables. To test for causality in the face of cointegration, a vector error correction model (VECM) is used in place of a vector autoregressive (VAR) model. This approach is complemented with Toda and Yamamoto's method to indicate the causal direction. Our estimation results suggest GDP growth has one cointegrating vector relationship with corruption, EU aid inflows and trade in both the short and long runs. There is a long-run unidirectional causal relationship from EU aid inflows to GDP growth and a short-run unidirectional causal relationship from trade to GDP growth. Corruption (which is a governance issue) was ineffective in inducing GDP growth. The error correction terms are the source of causation in the long run. The results indeed confirm the popular conjecture that corruption in Ghana is endemic and stifles development. Therefore, the decision by the government to launch a national anti-corruption campaign in 2011, though long overdue, was justifiable. We urge all stakeholders to work together to deepen good governance to promote sustainable growth and serve as inducement for continued aid inflows from multilateral donors to sustain efforts at achieving the national development thrust of poverty reduction and sustainable development in Ghana.
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In: The International Journal of Social Sustainability in Economic, Social, and Cultural Context, Band 18, Heft 2, S. 77-93
ISSN: 2325-114X