Ghana's Infrastructure : A Continental Perspective
Infrastructure contributed just over one percentage point to Ghana's improved per capita growth performance during the 2000s, though unreliable power supplies held growth back by 0.5 percentage points. Raising the country's infrastructure...
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Language: | English en_US |
Published: |
Washington, DC
2017
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Online Access: | http://documents.worldbank.org/curated/en/274681468004216819/Ghanas-infrastructure-a-continental-perspective http://hdl.handle.net/10986/27760 |
Summary: | Infrastructure contributed just over one
percentage point to Ghana's improved per capita growth
performance during the 2000s, though unreliable power
supplies held growth back by 0.5 percentage points. Raising
the country's infrastructure endowment to that of the
region's middle-income countries could boost annual
growth by more than 2.7 percentage points. Today, Ghana has
a very advanced infrastructure platform when compared with
other low-income countries in Africa. But as the country
approaches the middle-income threshold, it will need to
focus on upgrading its infrastructure indicators in line
with this benchmark. The Africa Infrastructure Country
Diagnostic (AICD) has gathered and analyzed extensive data
on infrastructure in more than 40 Sub-Saharan countries,
including Ghana. The results have been presented in reports
covering different areas of infrastructure, including ICT,
irrigation, power, transport, water, and sanitation, and
different policy areas, including investment needs, fiscal
costs, and sector performance. This report presents the key
AICD findings for Ghana and allows the country's
infrastructure situation to be benchmarked against its
African peers. Given that Ghana is a relatively well-off
low-income country well on its way to reaching middle-income
status, two sets of African benchmarks will be used to
evaluate Ghana's situation. Detailed comparisons will
also be made with immediate regional neighbors in the
Economic Community of West African States (ECOWAS). As on
the rest of the continent, West Africa's growth
performance improved markedly in the 2000s. The overall
improvement in per capita growth rates has been estimated at
around 2 percent, of which 1.1 percent is attributable to
better structural policies and 0.9 percent to improved
infrastructure. During the five years from 2003 to 2007,
Ghana's economy grew at an average annual rate of 5.6
percent, which accelerated to 7.3 percent in 2009.
Ghana's infrastructure improvements added just over one
percentage point to the per capita growth rate for the
period 2003 to 2007. |
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