https://journals.adou.edu.gh/en/index.php/amj/issue/feed ADOU Multidisciplinary Journal 2022-09-04T17:45:30+00:00 Dr. Jamal Mohammed info@adou.edu.gh Open Journal Systems <p class="rtejustify">ADOU Multidisciplinary Journal is open access and peer-reviewed International Journal which publishes quality and original research. The Journal publishes peer-reviewed articles in English and it is focused on the publication of Manuscripts across all disciplines. The journal considers manuscripts from interdisciplinary and multidisciplinary which provide cutting-edge research.</p> <p class="rtejustify"><strong>AIM AND SCOPE</strong></p> <p class="rtejustify">ADOU Multidisciplinary Journal is a peer-reviewed open access journal and publishes quarterly. The aim of this journal is to publish all original works in all disciplines. The scope is very wide and all subject areas fall under this category.</p> https://journals.adou.edu.gh/en/index.php/amj/article/view/2 A Assessing the Sustainability and Effect of Graduate Unemployment Interventions on the Economic Growth of Ghana 2022-09-04T17:45:30+00:00 Peter Bismark Kwofie ilapighana@gmail.com Nathaniel Dwamena ilapighana@gmail.com Peter Dadzie ilapighana@gmail.com <p>Job creation is a major concern of every government and almost every government’s priority is to ensure jobs<br>are created. Various government employment policy papers have seen interventions from the Vision 2020,<br>Ghana Poverty Reduction Strategy Paper, Ghana Shared Growth Development Agenda and Agenda for Jobs.<br>However, there are little or no efforts to sustain government’s graduate unemployment interventions due to<br>Ghana’s nature of politics. In the mid-1990s, the Vision 2020 agenda which is focused on employment<br>initiatives and policies to help reduce unemployment had its share of failure. This study aimed at analyzing the<br>sustainability of government’s graduate employment interventions and its impact on the economy of Ghana<br>from 1992 to 2018. Quantitative investigation was employed in the study using Growth Rate and Graduate<br>Unemployment as its main variables; sourcing quantitative data from World Development Indicators. The study<br>followed the Okun’s ‘Rule of Thumb’ and a first differenced log-linear regression model. It also employed<br>Dickey-Fuller (DF) and Philips-Perron (PP) tests to ensure accuracy in comparison and consistency. The result<br>showed consistency with Okun’s Law. With a 5% significance level, the elasticity of real GDP to Graduate<br>Unemployment is negative. This shows a 1% increase in Graduate unemployment will amount to 0.054%<br>decrease in real GDP. The study also revealed that the winner takes all syndromes in Ghana’s politics affected<br>the sustainability of government interventions on graduate unemployment. It was concluded that government<br>interventions on graduate unemployment were unsustainable and affects its output since successive<br>governments abolish or change the name of previous interventions. Therefore, there is little or no new jobs<br>created. To create jobs, Ghana must have a realistic long term plan of data-driven employable policies and<br>subsequently connect its GDP growth to employment opportunities.</p> 2020-12-31T00:00:00+00:00 Copyright (c) 2020 ADOU