The Impact of Agricultural Investment on Poverty Reduction in Ghana

Abstract

Agriculture is deemed as a pivot around which economies revolve. The contribution of the agriculture sector to economies cannot be overemphasized. In Ghana, for instance, the agriculture sector has consistently been one of the major contributors of GDP of the country. On the contrary, the standard of living of farmers is deplorable. In the quest of the government of Ghana to eradicate the level of poverty among farmers and improve upon their standard of living, many policies have been rolled out that is geared towards making farmers in Ghana better off. This study examined the extent to which the living standard of farmers have improved by critically assessing how well policy government’s policies on agriculture have been effective and efficient. The study employed a logistic regression method on the primary data collected from farmers in the country. The study found that farmers are relatively living better currently than in previously years. Again, it was observed that farmers, currently, are more likely to save and invest than they used to in previous years.