The effects of a CAADP-compliant budget on poverty and inequality in Ghana

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dc.creatorYounger, Stephen D.
dc.creatorBenin, Samuel
dc.date2017
dc.date2024-06-21T09:24:37Z
dc.date2024-06-21T09:24:37Z
dc.date.accessioned2026-06-27T15:26:23Z
dc.descriptionGhana has accepted the CAADP commitment to dedicate 10 percent of government spending to the agricultural sector. In a 2014 paper, Benin argues that Ghana falls short of that goal, and in a 2016 paper, Younger shows that despite the current fiscal crisis, there is fiscal space to meet the commitment. Benin estimates the rates of return to increased public expenditure on agriculture, finding that they are quite high, especially if the investments are made in the noncocoa sector. This paper uses Benin’s estimates to examine the poverty and inequality consequences of increasing public expenditure on agriculture. Key conclusions are that public expenditure on agriculture is surprisingly progressive, especially if spent in the grains subsector. This progressivity, combined with the high rate of return, means that public investment in agriculture may actually be more efficient at reducing poverty than LEAP, Ghana’s targeted conditional cash transfer program.
dc.formatapplication/pdf
dc.identifierhttps://hdl.handle.net/10568/148414
dc.identifier.urihttp://hdl.handle.net/123456789/104410
dc.languageen
dc.publisherInternational Food Policy Research Institute
dc.relationhttps://hdl.handle.net/10568/149541
dc.relationhttps://hdl.handle.net/10568/148215
dc.relationhttps://hdl.handle.net/10568/147701
dc.rightsOpen Access
dc.sourceYounger, Stephen D.; and Benin, Samuel. 2017. The effects of a CAADP-compliant budget on poverty and inequality in Ghana. IFPRI Discussion Paper 1677. Washington, DC: International Food Policy Research Institute (IFPRI). https://hdl.handle.net/10568/148414
dc.subjectpublic investment
dc.subjectcaadp
dc.subjectagricultural development
dc.subjectpoverty
dc.subjectpublic expenditure
dc.subjectequality
dc.titleThe effects of a CAADP-compliant budget on poverty and inequality in Ghana
dc.typeWorking Paper

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Instituto Internacional de Investigación sobre Políticas Alimentarias (IFPRI)