Financial Times FT.com

Agriculture: Market logic that undermines output

By Dino Mahtani

Published: October 31 2005 16:45 | Last updated: October 31 2005 16:45

While Ghana has burnished its reputation as an investor-friendly economy with favourable terms and conditions for manufacturing, mining and service industries, it remains, like many other African economies, a predominantly agrarian society.

Agriculture contributes between 30 and 40 per cent of gross domestic product and about 60 per cent of the country’s workforce is in some way dependent on it. An ability to transform its agricultural base will determine whether it can achieve sustainable growth beyond the support of its many donors and boost the domestic market.

Ghana

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