KNUSTSpace >
Theses / Dissertations >
Doctoral Thesis >
College of Art and Social Sciences >

Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/10466

Title: Natural Capital Policy and Economic Development in Ghana: Development Effect of the 1994 Forestry Policy in the Ashanti Region
Authors: Quartey, Jonathan Dagadu
Issue Date: 1-Feb-2017
Abstract: This thesis examines the effort to attain economic development in Ghana through natural capital. It evaluates natural capital policy in the context of global policies in developing countries. Suggestions from literature indicate that good natural capital policy is capable of improving the well-being of the poor and should be an area of high priority for natural resource-rich developing countries. The history of natural capital policy spanning over one hundred years in Ghana, made it a country of choice for empirical evidence and consequently the most prominent natural capital policy in the country -forestry policy. The study, mainly quantitative, used both primary and secondary data. Primary data were obtained through the administration of questionnaire to household heads, selected through a two-stage probability sampling procedure, in forest communities in the Ashanti Region. Secondary data were obtained mainly from the Forestry Commission of Ghana’s annual reports. The conceptual framework was based on economic criteria for evaluat ing inclusive wealth creation through forestry policy implemented in Ghana. Three analytica l techniques were employed, namely: efficiency analysis based on the Policy Analysis Matrix, cost-effectiveness analysis and equity analysis based on Lorenz curve, and Giniindex assessments. The thesis found that for all its life, forestry policy in Ghana had been driven by the normative forest science paradigm. Forestry policy in the Ashanti Region has met neither the necessary (efficiency) nor sufficient (equity) conditions for economic development. Therefore forestry policy has not been a driver of economic development in the Ashanti Region of Ghana, thereby serving as a drag on national economic development. The almost absolute silvicultural approach to forestry policy must give way to a more holist ic approach at all stages of the forestry policy process to provide the needed driving force for economic development in Ghana.
Description: A Thesis submitted to the Department of Economics of the Faculty of Social Sciences, Kwame Nkrumah University of Science and Technology in fulfillment of the requirements for award of Doctor of Philosophy degree in Economics, 2016
URI: http://hdl.handle.net/123456789/10466
Appears in Collections:College of Art and Social Sciences

Files in This Item:

File Description SizeFormat
THESIS 2+.pdf1.71 MBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.


Valid XHTML 1.0! DSpace Software Copyright © 2002-2010  Duraspace - Feedback