Ghana’s oil Discovery and the Agricultural Sector: A kind of Dutch Disease

Authors

  • Daniel Ofori Senior Lecturer, Kumasi Technical University
  • Kakraba Ben Komla Senior Procurement Officer, Kumasi Technical University
  • Vida Commey Senior Lecturer, Kumasi Technical University
  • Emmanuel Akrasi Senior Procurement Officer, Kumasi Technical University
  • Michael Oppong Learning Commons & Research Support, Kumasi Technical University Library

Keywords:

Dutch disease; Ghana’s oil discovery; agricultural sector

Abstract

The article performs a desk study to evaluate the effect of Ghana's oil discoveries on the behavior of the agriculture sector. It makes use of the idea of the Dutch sickness, which is known as the natural resource imprecation hypothesis. We argued that the declining behavior of the agricultural sector following the oil find is a representation of a sort of Dutch illness based on the experiences of other countries with the sickness. We urge the government to act quickly to maintain equilibrium and promote growth in the agricultural industry, which provides the majority of the populace with their primary source of income. To ensure that the sector's productive base is functioning, policies like encouraging young people to participate in agricultural programs, providing subsidies, and recognizing successful farmers should be encouraged.

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Published

2022-09-30

How to Cite

Ofori, D. ., Komla, K. B. ., Commey, V. ., Akrasi, E., & Oppong, M. . (2022). Ghana’s oil Discovery and the Agricultural Sector: A kind of Dutch Disease. ADRRI Journal of Arts and Social Sciences, 19(3 (7) July-September), 115-139. Retrieved from https://journals.adrri.org/index.php/adrrijass/article/view/936