Prof. Peter Quartey

Peter Quartey

Peter Quartey holds a PhD in Development Economics from the University of Manchester (UK), MSc in Quantitative Development Economics (University of Warwick, UK), MPhil. Economics (Ghana), and BA Economics (Ghana). He is a Professor in Development Economics and the immediate past Head, Department of Economics and Director (Economic Management Programme), University of Ghana. He served as the Deputy Director, Centre for Migration Studies (University of Ghana). Prof. Peter Quartey served as the Head, Economics Division, Institute of Statistical, Social and Economic Research, University of Ghana and currently the Director, Institute of Statistical, Social and Economic Research, University of Ghana. Peter Quartey was the Management Board Chairman, University of Ghana Cooperative Credit Union (2012-2015) and Vice Management Board Chairman (2009-2012). He is currently the Vice National Advisory Board Chairman, the Hunger Project (Ghana) and a Board Member, Agricultural Development Bank Ltd and the Executive Chairman of Startrite Montessori School Ltd. He has published extensively and his research interests are: Financial and Monetary Sector, Private Sector Development including SMEs, Development Finance, Migration and Remittances and Poverty Analysis. He has consulted for both local and international institutions including the World Bank, African Development Bank, OECD, USAID, Overseas Development Institute, DFID and many others. He is a member of the African Economic Research Consortium and the Global Development Network.


  • Private Sector Development
  • Development Finance
  • Monetary Economics
  • Migration and Remittances
  • Poverty Analysis

(a)Books/Edited Volumes

Quartey P, Agyei-Mensah S., Codjoe N.A., Bamba A.B (2018), Multidisciplinary Perspectives on Transformation in Africa, Subsaharan Africa Publishers, Accra, Ghana. ISBN: ISBN: 978-9988-550-19-6

Quartey P, Aryeetey E.B., and Ackah, C., (eds) (2014), Domestic Resource Mobilization for Inclusive Development, Sub-saharan Africa Publishers, Accra, Ghana. ISBN: ISBN: 978-9964-75-094-7


Aryeetey E., Osei R.D and Quartey, P (eds) (2014), Managing Ghana’s Oil Boom for Structural Transformation, Sub-saharan Africa Publishers, Accra, Ghana, ISBN: 978-9964-75-092-3


Twerefou D., Quartey P., Boakye-Yiadom L., and Baah-Boateng W (eds) (2014), Readings in Key Economic Issues in Ghana, University of Ghana Readers, Digibooks Publishers, ISBN: 978-9988-1-9154


Awumbila M., Manuh T., Quartey P., Addoquaye-tagoe C., and Bosiako T, (2011), Migration and Mobility in Ghana: Trends, Issues and Emerging Research Gaps, Woeli Publishing Services, Accra, ISBN: 978-9988-1-8510-1-9


(b) Chapters in Books

Black R, Quartey P, Castagnone et al (2018), Ghanaian Migration: Economic Participation in Beauchemin C, (ed), Migration Between Africa and Europe, Springer. 


Caarls K, Mazzucato V, Schans D, Quartey P and Tagoe A C (2018), in Beauchemin C (ed), Migration Between Africa and Europe,  Springer 


Fosu, A., Aryeetey, E and Quartey, P. (2017). Ghana’s Post-Independence Economic Growth Performance: A Macroeconomic Account. In G. Owusu, R.D Osei and F.A Asante (Eds). Development Policies and Practices in Ghana: A Reader. Accra: Sub Saharan Publishers

Quartey P., Owusu-Brown B., Turkson F.E., (2017), Monetary Policy and Inflation Management in Ghana: Inflation Targeting and Outcomes, in Aryeetey E., and Kanbur R., (eds), The Economy of Ghana Sixty Years After Independence, Oxford University Press, Oxford, UK.


Adamba C and Quartey P (2016), Circular Migration and Entrepreneurship in Ghana, in Solé C.,, Parella S, Sordé T and Nita S(eds), Impact of Circular Migration on Human, Political and Civil Rights: A Global Perspective, Springer


Quartey P.,(2015), The Effect of Price Stability on Real Sector Performance in Ghana, in Ajayi S.I and Devarajan S. (eds), The Macroeconomics of Africa’s Recent Growth, The World Bank, Washington DC.


Quartey P., and Afful-Mensah G (2014), Aid to Africa: Emerging Trends and Issues, in Monga C and Lin J (eds), Oxford Handbook of Africa and Economics, Volume 2: Policies and Practices, Oxford University Press, Oxford, UK. ISBN 978-0-19-968710-7


Quartey P, and Prah F., (2014) Trends in Domestic Savings in Ghana, in Quartey P, Aryeetey E.B., and Ackah, C., (eds) (2014), Domestic Resource Mobilization for Inclusive Development, Sub-saharan Africa Publishers, Accra, Ghana, ISBN: 978-9964-75-094-7


Quartey P., and Asmah E (2014), Oil and Ghana: Monetary Management with Capital inflows, in Aryeetey E., Osei R.D and Quartey, P (eds) (2014), Managing Ghana’s Oil Boom for Structural Transformation, Sub-saharan Africa Publishers, Accra, Ghana, ISBN: 978-9964-75-092-3


Osei R.D., and Quartey, P., (2014), Economic Growth, Poverty and Structural Transformation in Ghana, in Twerefou D., Quartey P., Boakye-Yiadom L., and Baah-Boateng W (eds) (2014), Readings in Key Economic Issues in Ghana, University of Ghana Readers, Digibooks Publishers, ISBN: 978-9988-1-9154-2


Quartey P., (2012), Migration, the Global Financial Crisis and Poverty Reduction in Africa, in Aryeetey, E., Kanbur R., and Shanta D (Eds), Africa Companion, Oxford University Press, Oxford, UK. ISBN-10: 0199575975 | ISBN-13: 978-0199575978


Quartey P (2011), Remittance Service Providers: Ghana Country Case Study, in Ratha D., and Mohapathra S (Eds), Remittance Markets in Africa, World Bank, Washington DC 


Quartey P., and Arthur P (2010), Formalizing and Enhancing the Contribution of Ghana’s Informal Sector through Regulatory and Taxation Reforms, in Puplampu K.P and Tettey W.J (eds), The Political Economy of Development in Ghana: Critiques of Theory and Practice, Woeli Publishers


Quartey P., and Yambilla E., (2010), The Costs and Benefits of Child Migration in Ghana : the Case of Child Migrants from Northern Ghana, in Anarfi J and Kwankye O (eds), Independent Migration of Children in Ghana, ISSER, University of Ghana, Legon, Accra


Quartey, P., (2008), Financial Sector Development, Savings Mobilization and Poverty Reduction in Ghana, in B. Guha-Khasnobis and G. Mavrotas (eds), Financial Development, Institutions, Growth and Poverty Reduction, Studies in Development Economics and Policy Series, New York: Palgrave Macmillan ISBN-13:978-0-230-20177-4


Blankson, T., and Quartey, P., (2008), Household Savings in Ghana: Does Policy Matter? in Aryeetey and Kanbur (eds), The Economy of Ghana: Analytical Perspectives on Stability, Growth and Poverty, James Currey


Quartey, P., (2006), The Textile and Clothing Industry in Ghana, in Herbert Jauch and Rudolf Traub-Merz (eds), The Future of the Textile and Clothing Industry in Sub-saharan Africa, Bub Bonner Universitats-Buckdruckerei, Germany, pp. 135-146. ISBN 3-89892-497-1 


Osei, R., Quartey, P., Yeboah, K., 2005, `The State of Human Development in 2003’, in Sawyer A (eds), Breaking the HIV/AIDS Chain: A Human Development Challenge, Ghana Human Development Report 2004, UNDP-UNFPA, Buck Press Limited, Accra, Ghana, pp. 20-60. ISBN: 99888293-2-9


(b) Articles in refereed Journals

Danquah M, Ouattara B, Quartey P (2018), Technology Transfer and National Efficiency: Does Absorptive Capacity Matter, African Development Review, Vol. 30 (2) pp. 162-174


Quartey, P., Danquah, M., Owusu, G. and Iddrisu, A. M. (2018), Unmasking the contributing factors of entrepreneurial activities among men and women in Ghana. Journal of Economic Studies, 45(1):114-125.


Iddrisu A.M, Danquah M, and Quartey P (2017), Analysis of School Enrolment in Ghana: A Sequential Approach, Review of Development Economics, DOI:10.1111/rode.12302


Danquah M, Abdul-Malik I, Quartey P (2017), Paying for Education Among Households in Ghana: Is there any role for household resources and contextual effects? International Journal of Developing Issues, Vol. 16(2), pp.


Abdullai A.M, Boakye-Yiadom L., and Quartey P. (2017), The Impact of Migration on the Welfare of Households in Ghana: A Propensity Score Matching Approach, African Human Mobility Review, Vol. 3, No. 1, pp. 732-750


Danquah M, Quartey P., and Iddrisu A.M (2017), Access to Financial Services via Rural and Community Banks and Poverty Reduction in Rural Households in Ghana, Journal of African Development, Vol. 19(2), pp. 1-11


Baffour P.T and Quartey P (2016), A Gendered Perspective of Underemployment in Ghana, Ghana Social Science Journal, Vol. 13 (2) Pp. 209-321


Gaddah M., Munro A., and Quartey P., (2015), Education Subsidy and School Enrollments in Rural Ghana, International Journal of Educational Development, Vol. 46; Pp. 143-152


Danquah M., and Quartey P., (2015), Examining the determinants of efficiency using a latent class stochastic frontier model, Cogent Economics and Finance, Vol. 3, Issue 1. DOI: Pp. 1-10


Gaddah M., Munro A., and Quartey P., (2015), The Demand for Public Health Care and the Progressivity of Health Care Services in Ghana, African Development Review, Vol. 27, No. 2. Pp.79-91


Quartey P., and Adamba C., (2015), Inter-linkages between International and Internal Remittances and Financial Sector Development in Ghana, International Journal of Economics and Business Research, Vol. 10 (3), Pp. 229-242


Quartey P., Danquah M and Kunawotor M.E (2015), Sources of Retirement Income Among Formal Sector Workers in Ghana, African Journal of Economics and Management Studies.


Quartey P and Afful-Mensah G (2014), Financial and Monetary Policies in Ghana: A Review of Recent Trends, Review of Development Finance, Vol. 4 (2), Pp. 115-125


Gadah M., Munro A and Quartey P (2014), The Rich or the Poor: Who Gains from Public Education Spending in Ghana? International Journal of Social Economics, Vol. 42 (2); Pp. 112-131


Bulley C and Quartey P (2014), International Migration Diversification: A New Perspectives to Migration Management, International Journal of Economics and Business Research, Vol. 7 No. 5, pp. 21-31


Codjoe, S.A, Quartey P, Tagoe A. C, and Reed H (2013), Perceptions of the Impact of Refugees on host Communities: the Case of Liberian Refugees in Ghana, Journal of International Migration and Integration, Volume 14 (3) : 439-456


Abor J, Akpanjar M and Quartey P (2013), Demand for Financial Services by Households in Ghana, International Journal of Social Economics, Issue 40 (5), Pp. 439-457


Nam-Katoti W, Doku J, Abor J and Quartey P (2012), Financing Political Parties in Ghana, Journal of Applied Business and Economics, Volume 12 (4), Pp. 90-102


Ackah C, Arthur B, and Quartey P (2011), The Impact of the Financial Crisis on Ghana’s Economy, The Subsaharan Review of Economics and Finance, Vol. 3 (2). Pp. 3-28


Abor J., and Quartey P, (2011), Do Ghanaians Prefer Imported Textile to Locally Manufactured Ones? Modern Economy, Vol. 2(1), pp. 53-60


Quartey P (2010), Price Stability and the Growth Maximizing Rate of Inflation for Ghana, Modern Economy, Vol. 1(3), pp. 180-194



Abor J., and Quartey, P., (2010), Issues in SME Development in Ghana and South Africa, International Research Journal of Finance and Economics, Issue 39, pp. 218-228



Alhassan S., and Quartey P (2010), Effectiveness of Strategies used by NGOs for Promoting Girls’ Education in Public Primary Schools in Ghana, International Journal of Research in Education, Vol. 2, Issue 2, pp. 95-103



Johnson A., and Quartey P (2009), Foreign Aid and Human Development Indicators in sub-Saharan Africa, Journal of Developing Societies, Vol. 25 (1), Pp. 57-83



Quartey P., and Kwakye E., (2009), The net Benefit of Migration: the case of migrant nurses from Ghana to the UK, Ghana Social Science Journal, Vol. 5&6, Issues 1&2. Pp. 62-83


Quartey P., and Prah, F., (2008), Financial Development and Economic Growth in Ghana: Is there a causal Link? African Finance Journal, Vol. 10 (1), pp. 28-54



Arthur, P., and Quartey, P., (2008), The Use of Aid to Manage Migration: the case of Ghana, Ghana Journal of Development Studies, Vol. 5, No. 1, pp. 20-38


Quartey P., and Gaddah, M., (2007), Long Run Determinants of Stock Market Development in Ghana, Journal of African Business, Vol. 8(2), pp. 105-125



Quartey P. (2007); Brain Drain and Inequality Across Nations: Comments, Revue d'économie du développement, Vol. 21 - 2007/2-3, pp. 86-96



Arthur, P., and Quartey, P., (2006), Good governance, the African Peer Review Mechanism and Socioeconomic Development: A Critical Review, Global Development Studies Journal, 4, Nos. 1 & 2, pp. 201-227



Quartey, P., (2005), Innovative Ways of Making Aid Effective in Ghana: Tied Aid versus Direct Budgetary Support, Journal of International Development, Volume 17, Issue 18, pp 1077-1092.


Quartey, P., (2002), `Financing Small and Medium-sized Enterprises in Ghana', Journal of African Business, Vol. 4, pp. 37-56


(c) Peer Reviewed Technical Publications

Quartey P., (2011), The Effect of Price Stability on Real Sector Performance in Ghana, African Economic Research Consortium Technical Report NoRP 228, AERC, Nairobi, Kenya


Akabza T., Asiedu A., Budu A., Quartey, P., and Akuoni S (2011), Migration and Economic Development in Ghana, Centre for Migration Studies Technical Paper Series, No.1, Woeli Publishers, Accra, Ghana ISBN: 978-9988-1-1658-3


Quartey P., (2009), Migration in Ghana : A Country Profile 2009, International Organization for Migration (IOM), Geneva, Switzerland

Quartey, P., (2009), The Inter-Relationship between Land Ownership, Access to Finance, and Product Markets in Ghana, ISSER Technical Publication No. 79. ISBN: 9964-75-057-9


Quartey, P., (2007), Migrant Remittances and Household Welfare in times of Macro volatility: the case of Ghana, ISSER Technical Publication Number 61, ISSER, University of Ghana. ISBN: 9964-75-057-9


Quartey, P., (2006), The Impact of Migrant Remittances on Household Welfare in Ghana: African Economic Research Consortium (AERC) Research Paper No. 158, Nairobi, Kenya, 31 pages. ISBN: 9966-944-94-x

(d) Working Papers

Quartey, P (2014), How do we Increase the Share of Aid to Agriculture in Africa? UNU-WIDER Working Paper No. WP/2014/022, Helsinki, Finland



Lievens, T., Sieneels, P., Garbarino S., and Quartey P (2013), Creating Incentives to Work: Results of a Qualitative Health Worker Study, World Bank, Washington D.C



Caarls K., Mazzucato V., Schans D., Quartey P., Addoquaye Tagoe C. (2013), Transnational families between Ghana, The Netherlands and the U.K., MAFE Working Paper No. 32, INED, Paris


Black R., Quartey P., Castagnone E., Nazio T., Schoumaker B., Rakotonarivo N.,(2013), Understanding Afro-European labour trajectories: integration of migrants in the European labour market and re-integration in origin countries. The case of Ghana, MAFE Working Paper No. 28, INED, Paris



Black R., González-Ferrer A., Kraus E., Obucina O., Quartey P (2013)., Determinants of Migration Between Ghana and Europe, MAFE Working Paper No. 24, INED, Paris


Quartey, P., (2005), Financial Sector Development, Domestic Resource Mobilization and Poverty Reduction in Ghana, WIDER Research Paper 2005/71, Helsinki, Finland


Osei, R.D., and Quartey, P., (2005), Tax Reforms and Tax Administration in Ghana, WIDER Research Paper 2005/10, Helsinki, Finland


Quartey, P., (2003), Government Regulations and Banking Sector Efficiency in Ghana, Institute of Economic Affairs Working Paper Series, July



Quartey, P., (2003), Accountability within the National House of Chiefs: evidence from the Auditor General’s Reports 1994-97, Institute of Economic Affairs Working Paper Series, March



Quartey, P., (2003), Regulation, Competition and SMEs in Developing Countries, Centre on Regulation and Competition Working Paper No. 10, IDPM, University of Manchester, UK, February


Osei, R.D., and Quartey, P., (2001), `The HIPC Initiative and Debt Relief in Developing Countries: an assessment,’ UNU/WIDFER Working Paper No. 2001/119/6, Helsinki, August


Kayanula, D., and Quartey, P., (2000), `The Policy Environment for Promoting Small and Medium Enterprises in Ghana and Malawi, IDPM (University of Manchester) Finance and Development Working Paper No. 15.

Ghana Human Development Report and COVID-19 Business Tracker 2020  

USAID ADVANCE II Project Evaluation 2020 

USAID/Social Impact Evaluation on Decentralization and Citizenship Accountability in Ghana (2014-2016). 

DANIDA Study on Support for Private Sector Development Project (SPSD II) in

MA in Development Studies

PhD in Development Studies