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In January 2021, the GSS published a report called the 'Multi-dimensional Poverty-Ghana'. In this report, a decline in the incidence of poverty and also extreme poverty was found. This made Ghana the first country in sub-Saharan Africa to "achieve the MDGs target of halving extreme poverty in 2006 way ahead of the global deadline of 2015". [22]
As a result of revisions in PPP exchange rates, poverty rates for individual countries cannot be compared with poverty rates reported in earlier editions." [11] "National poverty headcount ratio is the percentage of the population living below the national poverty line(s). National estimates are based on population-weighted subgroup estimates ...
Region based education inequality stems in part from region based poverty. For example, the Northern region in Ghana is the poorest, and also the most educationally deprived, with 61.6% of its population having received less than four years of education. [11] Gender inequality is also more stark when interplaying with other factors such as ...
Poverty in Africa is the lack of provision to satisfy the basic human needs of certain people in Africa. African nations typically fall toward the bottom of any list measuring small size economic activity, such as income per capita or GDP per capita, despite a wealth of natural resources.
The transfer rate is 1 Ghana Cedi for every 10,000 Cedis. Ghana became the largest gold-producing country in Africa after overtaking South Africa in 2019. [29] The country is also the second-largest cocoa producer (after Ivory Coast). [30] Ghana is rich in diamonds, manganese or manganese ore, bauxite, and oil. Most of its debt was cancelled in ...
A study published in 2016 "Understanding child labour beyond the standard economic assumption of monetary poverty" illustrates that a broad range of factors – on the demand- and supply-side and at the micro and macro levels – can affect child labour; it argues that structural, geographic, demographic, cultural, seasonal and school-supply ...
There are multiple factors that are believed to be influential in the high rates of domestic violence in Ghana. [40] Cultural norms and practices play a large role in attitudes and perceptions of domestic violence. Traditional gender roles in Ghana keep women in the homes to care of the children, while men are expected to be the breadwinners.
A 2010 study examining the effects of the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 found that the act's "welfare cutbacks did not increase poverty rates." [ 24 ] Larry Summers estimated in 2007 that the lower 80% of families were receiving $664 billion less income than they would be with a 1979 income distribution ...