Ernest Aryeetey

  • Vice-Chancellor
  • University of Ghana



Professor Ernest Aryeetey, the incoming Vice-Chancellor of University of Ghana is a Professor of Economics. Prior to his appointment as Vice-Chancellor, he was a Senior Fellow and Director of the Africa Growth Initiative at the Brookings Institution, Washington, D.C. He was also Director of the Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana, Legon for the period February 2003 – January 2010. Professor Aryeetey was educated at Achimota School (1968-1973) and at the Presbyterian Boys’ Secondary School, Legon (1973-1975).

He studied Economics with Statistics (1975-1978) at the University of Ghana and took a Masters degree in Regional Planning at Kwame Nkrumah University of Science and Technology, Kumasi (1979-1981) and obtained a Doktor-Ingenieur at the University of Dortmund, Germany in 1985. Ernest Aryeetey’s area of specialisation is Development Economics. He was elected Fellow of the Ghana Academy of Arts and Sciences in 2009.

After teaching on the Spring Programme at the University of Dortmund for a year, Ernest Aryeetey returned to Ghana in 1986 to start work as a Research Fellow at the University of Ghana’s Institute of Statistical Social and Economic Research (ISSER). He was promoted Senior Research Fellow in 1990, Associate Professor in 1997 and a full Professor in 2000. Ernest Aryeetey taught at the Department of Economics, University of Ghana (1986-1992). He has also been Temporary Lecturer at the School of Oriental and African Studies, University of London (1993); Visiting Professor at Yale University Department of Economics (1999); and the Cornell Visiting Professor, Department of Economics at Swarthmore College (2001-2002).

Ernest Aryeetey's research work focuses on the economics of development with interest in institutions and their role in development, regional integration, economic reforms, financial systems in support of development and small enterprise development. He is very well known for his work on informal finance and microfinance in Africa. He has consulted for various international agencies on a number of development and political economy subjects. He has presented seminar papers at Departments of Economics and Planning in such universities as Ohio State University, the University of Manchester, Oxford University, Harvard University, Yale University, New York University, University of Copenhagen, University of California, Los Angeles, Georgetown University, and Sophia University, Tokyo.

Ernest Aryeetey has published 3 books, 5 edited volumes, 32 journal articles and over 100 conference, working and discussion papers. Among his publications are Financial Integration and Development in Sub-Saharan Africa (Routledge 1998) and Economic Reforms in Ghana: the Miracle and the Mirage (James Currey 2000). His latest publication is with Chris Udry in the American Economic Review, Papers and Proceedings (May 2010). He was the second recipient of the Michael Bruno award of the World Bank to become a Visiting Scholar for May-October 1998.

Ernest Aryeetey was the President of the Ghana Institute of Planners (1998-2000). He is currently the Chairman of the Board of the United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki. He is Board Member of the Global Development Network, New Delhi and also of the Centre for Development Research at the University of Bonn, Germany. He was previously a Member of the Programme Committee of the African Economic Research Consortium (AERC), Nairobi (2005-2009). He has been associated with AERC since 1988.
Professor Aryeetey was a Managing Editor of the Journal of African Economies and is currently a member of the editorial board of Development Southern Africa and of African Development Review. He was until recently the Editor of the New Legon Observer.

Professor Aryeetey is a non-Executive Director of Stanbic Bank Ghana Ltd. He was Priest’s Warden of Christ Anglican Church, Legon (2003-2010.
Professor Aryeetey is married to Ellen Bortei-Doku Aryeetey and has two children, James Nii Armah and Felicia Naa Dedei.