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Responding to Economic Shocks in Ghana: The Agricultural Sector as a Social Safety Net

Author

Listed:
  • Daniel Bruce Sarpong

    (Department of Agricultural Economics and Agribusiness, University of Ghana)

  • Samuel Asuming-Brempong

Abstract

The objective of this paper is to document, assess and characterize the role Ghana’s agriculture has played as a safety net when the urban labor market suffered economic shocks. The study explores how agriculture influences non-agricultural dependent households. Specific attention is given to the implicit value of the informal insurance role that rural households play in supporting family members who lose jobs acquired after migrating to urban areas. The paper analyses Ghanaian agriculture’s social security role in the late 1980s and 1990s. This well documented period in Ghanaian economic literature, coincides with both natural and macro policy shocks and the policy measures taken to cope with the shocks.

Suggested Citation

  • Daniel Bruce Sarpong & Samuel Asuming-Brempong, 2004. "Responding to Economic Shocks in Ghana: The Agricultural Sector as a Social Safety Net," The Electronic Journal of Agricultural and Development Economics, Food and Agriculture Organization of the United Nations, vol. 1(1), pages 117-137.
    • Handle: RePEc:fao:tejade:v:1:y:2004:i:1:p:117-137
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    Citations

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    Cited by:

    1. DELPIERRE Matthieu & VERHEYDEN Bertrand & WEYNANTS Stéphanie, 2011. "On the interaction between risk-taking and risk-sharing under farm household wealth heterogeneity," LISER Working Paper Series 2011-35, Luxembourg Institute of Socio-Economic Research (LISER).
    2. Vikas Choudhary & Stephen D'Alessandro, 2015. "Ghana Agricultural Sector Risk Assessment," World Bank Publications - Reports 22498, The World Bank Group.
    3. Delpierre, Matthieu & Verheyden, Bertrand & Weynants, Stéphanie, 2016. "Is informal risk-sharing less effective for the poor? Risk externalities and moral hazard in mutual insurance," Journal of Development Economics, Elsevier, vol. 118(C), pages 282-297.

    More about this item

    Keywords

    Ghana; labor; migration; rural development; safety nets;
    All these keywords.

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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