Audio By Carbonatix
Economist Nii Moi Thompson has said that productivity cannot be ignored if the issue of low pay is to be dealt with holistically.
He was commenting on the numerous industrial disputes being recorded in the country.
There are concerns that the public sector wage bill which expends some 60 percent of the national budget would be further spent if government would have to meet the demands for more pay.
This, economists say could deprive other equally critical sectors of much needed capital injection.
Dr. Nii Moi Thompson however told Joy Business the economy can absorb more pay for workers if they would produce more.
He expressed concern that wage increases in the country are not tied to a corresponding increase in productivity.
Dr. Thompson is also advocating a radical paradigm shift in monitoring performance in the country.
“You look at the police also; how many police officers do you need to hold a speed gun to check speeding on the highway? In better managed societies, only one police officer. In Ghana you are likely to find between eight and 10 police officers clustered around a single speed gun.”
As a result of this, he argued, there “is massive inefficiencies in the system,” warning that “until we make an effort to remove those things, public spending will become unsustainable and ultimately collapse and we are going to have chaos.”
Source: Joy Business/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
The world’s oldest president left for a ‘brief stay’ in Europe. He hasn’t returned in two months
15 minutes -
Parliamentary committee commends GIPA’s investment drive, backs key reforms
19 minutes -
Livestream: Newsfile discusses AKSA energy deal, legal vacation and GoldBod losses
40 minutes -
Jason Arday: 10 things you may not know about British-born Ghanaian former Cambridge professor found dead at 41
3 hours -
KNUST partners with government to manufacture locally-made agricultural machines and smart traffic lights
3 hours -
Government to add constitutional referendum to 2027 District Assembly elections
4 hours -
Ambassador Nancy Sam meets South Africa’s Thanda to strengthen Africa tourism collaboration
4 hours -
Government disburses GH¢23.1 billion to clear road contractors’ arrears – Roads Minister
5 hours -
NPP Ashanti elections: 1,020 delegates to choose 11 regional executives
5 hours -
Galamsey: ‘Challenge is prosecution, not arrest’ — Lands Minister
6 hours -
Elliot Kabutey Tei outlines strategic blueprint to drive NPP victory in Tema East
7 hours -
MTN to build 80 new sites across the five regions of the north as part of a $1.1bn investment
7 hours -
The Polygamist’s creator says women see themselves reflected in her Netflix hit
8 hours -
UEW Hospital suspends OPD services over GAUA strike
9 hours -
Muzic Mensah selected for Boomplay’s inaugural ‘NEXT WAVE’ Programme
9 hours