causal

Recent high growth comes from reclassifying informal economy

Much of the record-high growth recently reported in countries like Ghana and forthcoming Nigeria should be taken with caution because it largely reflects including previously unrecorded economy in the figures rather than genuine new economic activity.

causalpending

Speaker

Morten Jerven

Evidence Quote

I think a lot of the record high growth coming out such as in Ghana now and Nigeria to come, should be taken with a small bucket of salt because a lot of this sudden growth is coming by including previously unrecorded economy.

Source

Morten Jerven on Measuring African Poverty and ProgressEconTalk
Created: 6/13/2026, 12:25:58 AM

My Notes

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