Ghana Social Science Journal

Permanent URI for this collectionhttp://197.255.125.131:4000/handle/123456789/7515

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    A Brief Survey of the Literature on Microfinance and Agriculture
    (Ghana Social Science Journal, 2012-06) Ahiakpor, F.; Asmah, E.
    The factors that affect agrarian transformation are complex and often interrelated. Access to financial services is an important input necessary for such transformation. A type of financial service that has become of increasing importance to farmers is microfinance. An important question concerns the role that microfinance initiatives have played regarding the development of agriculture in developing countries, especially those in Africa. This brief literature review suggests that while microfinance may have had some positive impacts on agricultural development and transformation, it has not been the panacea for the myriad of problems facing farmers and the rural poor.
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    Disaggregated government expenditure and economic growth in Ghana
    (Ghana Social Science Journal, 2019-06) Ahiakpor, F.; Adinkra-Darko, E.
    The study examined the growth impact of government consumption, interest and transfer payments in Ghana. Using a quarterly time series data from 1984 to 2015 with maximum likelihood estimation (MLE), the results revealed that government interest payments and consumption expenditure negatively impact economic growth in both long run and short run. However, government transfers indicated a positive significant impact on growth of output. The results further revealed a bi-directional causality between government interest payment and economic growth while unidirectional causalities running from government consumption expenditure and transfer payment to economic growth were also established. The study recommends that the Ministry of Finance should take measures to check the share and growth of interest payments and consumption expenditure in government total expenditure; and government through the Livelihood Empowerment Against Poverty (LEAP) programme should increase and regularize its transfer payments in order to elevate the vulnerable groups from extreme poverty and stimulate aggregate demand and output.