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October 9, 2025International journal of research and scientific innovation

Effect Of Foreign Aid On Sectoral Growth In Ghana

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Authors

SMSamuel Obeng MarfoEAErnest AgyemangUniversity of Ghana

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Overview

Analysis reveals foreign aid boosts economic growth in services and agriculture, suggesting strategic implementation.

Key Points

  • Foreign aid positively influences the services sector, benefiting economic growth in Ghana.
  • In the long run, foreign aid significantly impacts the agricultural sector, improving overall productivity.
  • The industrial sector faces a negative relationship with foreign aid in the long run, limiting its growth potential.
  • National agencies should prioritize grants for the service and agricultural sectors to foster sustainable growth.

Cite This Study

Marfo et al. (2025) studied this question.

synapsesocial.com/papers/68e7ba40ccde5f1021f64d09https://doi.org/10.51244/ijrsi.2025.120800304
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1The Effect of Foreign Aid on Economic Growth in Ethiopia: Evidence from an ARDL Model (1991-2023)2025
  2. 2Transforming Horizons: The Multifaceted Impact of Foreign Aid on Nigeria and Ghana's Fiscal Landscape2024
  3. 3Impact of Foreign Aid on Economic Growth in South Asian Countries2025
  4. 4Does Foreign Aid Affect the Economic Growth in Sub-Saharan African Countries?2024
  5. 5Foreign Aid and Economic Growth: An Econometric Study of Afghanistan2024 · 3 citations