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Competition among mobile-phone companies in Ghana is an important part of the telecommunications industry growth, Current market leader MTN with voice subscription of 23,150,485 representing 55.95% of the market is followed by Vodafone with voice subscription of 9,075,795 representing 21.93% market share, AirtelTigo voice subscription stands at ...
The base year for calculations was changed from 1993 to 2006. [2] In a paper discussing the change, development economists Morten Jerven and Magnus Ebo Duncan noted: "Upward revisions stemming from changes in outdated base years are common in developed countries such as the United States (Runkle 1998)" and also said that one contributor to the high magnitude of the upward revision was the huge ...
Possible growth imperatives are discussed in Marxist theory, Schumpeterian theory of creative destruction and ecological economics, as well as in political debates on post-growth and degrowth. [6] It is disputed whether growth imperative is a meaningful concept altogether, who would be affected by it, and which mechanism would be responsible.
Ghana was the world's leading producer of cocoa, boasted a well-developed infrastructure to service trade, and enjoyed a relatively advanced education system. [1] At independence, President Kwame Nkrumah sought to use the apparent stability of the Ghanaian economy as a springboard for economic diversification and expansion. [ 1 ]
Common topics include growth theory, poverty and inequality, human capital, and institutions. [4] Unlike in many other fields of economics, approaches in development economics may incorporate social and political factors to devise particular plans. [5] Also unlike many other fields of economics, there is no consensus on what students should ...
The Institute of Economic Affairs (IEA), Ghana, is a public policy think tank based in Accra, Ghana. It is known to be Ghana's premier public policy institute. [1] It was founded by a Ghanaian economist, Dr. Charles Mensa in 1989 at a time when the country was governed by a military regime (Ghana was governed by the Provisional National Defence ...
[1] [2] In general, early theorists believed monetary factors could not affect real factors such as real output. John Maynard Keynes attacked some of these "classical" theories and produced a general theory that described the whole economy in terms of aggregates rather than individual, microeconomic parts.
Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces. [1] Endogenous growth theory holds that investment in human capital , innovation , and knowledge are significant contributors to economic growth.