Poverty and Inequality in Ghana: Analysis of the Dimensions, Trends and Spatial Perspectives
Poverty and Inequality in Ghana: Analysis of the Dimensions, Trends and Spatial Perspectives
DOI:
https://doi.org/10.47963/joss.v7i3.297Keywords:
Income, Consumption, Expenditure, Asset, Poverty, InequalityAbstract
This study assesses the poverty and inequality situation in Ghana using the last four rounds of the Ghana Living Standards Survey (1991–2013). The FGT poverty incidence, Gini and Generalized Entropy inequality measures and regression analysis are used to examine trends, spatial distribution and correlation between poverty inequality and poverty. e ndings suggest that the proportion of population dened as income-poor but non-poor in consumption have increased overtime. Also, a decline in wealth inequality is observed, but rural inequality overtime has increased to outpace urban inequality. Minimizing wealth inequality especially, in rural areas, has the potential of accelerating poverty reduction in Ghana.