Over recent years, the Ghanaian economy has struggled to find its feet on the ground despite rising public debt and unending inflows of foreign aid. Against this backdrop, this study employs the Vector Error Correction Model (VECM) estimation technique on data from 1970 to 2020 to test the usefulness of the debt overhang hypothesis and the dependency theory in the special case of Ghana. The results confirm evidence of the debt overhang hypothesis and the center-periphery wisdom of the dependency theory in Ghana. The findings depict that an increase in external debt stock and total debt service on external debt have both short and long-run growth-limiting effects on the Ghanaian economy. Similarly, foreign aid catalyzes growth only in the short run and later suppresses rather than stimulates economic growth in Ghana over the long run. The study recommends that harnessing domestic resources, maintaining fiscal discipline by cutting down unproductive expenditures, enhancing an effective tax system, and promoting institutional capabilities to counteract corruption and openness to trade are better ways to fast-track growth development in Ghana.

The concept of green energy is now at the forefront of development discourse, with the United Nations Sustainable Development Goals (SDGs) 7, 11, and 12 all aimed at promoting green energy consumption to combat the three planetary crises: climate change, biodiversity loss, and pollution. Similarly, issues regarding Africa’s natural resource curse have caused a stir in the growth and development literature for some time now and there is no sign that it will die out. This study, the first of its kind, simultaneously assesses the impact of green energy consumption and Africa’s natural resources rents on economic growth by applying the Feasible Generalized Least Square (FGLS) estimator and the dynamic panel models of the Pooled Mean Group (PMG) and Mean Group (MG) estimators on data from 1990 to 2020 for 24 selected African countries. The results show that green energy consumption has a short-run growth-limiting effect and a long-run growth-enhancing effect in Africa. The study also found evidence of the natural resource curse phenomenon in Africa. The study, therefore, calls for the advancement and usage of green energy for both domestic and industrial production in Africa. The study further calls for a revamp in the global tax policy to curb illicit financial activities and strengthening institutional quality for transparency and accountability in the entire value chain of natural resource management in Africa.

According to the World Food Programme (WFP), the projected increase in the human population stands at 2 billion people by 2050. At the same time, world food production is witnessing a declining trend over recent years, and 690 million (8.9%) of the world's population are already in severe starvation. Climate variability and climate change impacts on food security are very eminent today. For this reason, this study explored the real effects of climate variability and change on food security in Africa by applying the system Generalized Method of Moments (GMM) and the Panel Corrected Standard Errors (PCSEs) estimators on data from 2001–2018 for 38 selected African countries. The findings reveal that higher amounts of precipitation positively influence food security along two dimensions (food availability and utilization). Hotter temperatures negatively impact food availability and utilization. However, it aids food accessibility in Africa. Similarly, carbon dioxide emissions improve food availability and are harmful to food accessibility and food utilization in Africa. Consequently, the effects of climate variability and change on food security in Africa are undesirable, thereby putting the continent at risk of food insecurity over the long run. Given these findings, the study made appropriate recommendations for policy change to address the negative effects of climate variability and change on food security in Africa.