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

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  • Sarpong, Daniel Bruce
  • Asuming-Brempong, Samuel

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

  • Sarpong, Daniel Bruce & Asuming-Brempong, Samuel, 2004. "Responding to Economic Shocks in Ghana: The Agricultural Sector as a Social Safety Net," eJADE: electronic Journal of Agricultural and Development Economics, Food and Agriculture Organization of the United Nations (FAO), Agricultural and Development Economics Division (ESA), vol. 1(01), pages 1-21.
  • Handle: RePEc:ags:ejade1:12009
    DOI: 10.22004/ag.econ.12009
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    References listed on IDEAS

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    4. Eswaran, Mukesh & Kotwal, Ashok, 1989. "Credit as insurance in agrarian economies," Journal of Development Economics, Elsevier, vol. 31(1), pages 37-53, July.
    5. Hoddinott, John, 1992. "Modelling Remittance Flows in Kenya," Journal of African Economies, Centre for the Study of African Economies, vol. 1(2), pages 206-232, August.
    6. Kaufmann, Daniel & Lindauer, David L., 1986. "A model of income transfers for the urban poor," Journal of Development Economics, Elsevier, vol. 22(2), pages 337-350.
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