Effects of Rising Food and Oil Prices on Rural Households in Ghana: A Case Study of Selected Communities in the Dangme West District Using the CBMS Approach

Felix  A. Asante,; Cynthia  A. Tagoe,; Alfred  A. Boakye,

Effects of Rising Food and Oil Prices on Rural Households in Ghana: A Case Study of Selected Communities in the Dangme West District Using the CBMS Approach

Felix A. Asante | Cynthia A. Tagoe | Alfred A. Boakye

Discipline: Economics

Abstract:

This study sought to examine the effects of rising food and oil prices on rural households in Ghana in relation to their food, access to healthcare and education, changes in their work situations, their financial management practices, and their recreational and leisure practices using three selected communities in the Dangme West district of the Greater Accra region – Dodowa, Ningo, and Prampram. A total of 300 households were interviewed. The households were divided concerning the issue of whether their standard of living was better, worse or had remained the same. In general, households that indicated they were worse off currently than they were last year slightly outnumbered those who had seen improvements in their lives.