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This paper traces the effects of an appreciation of the deutsche mark with the help of a computable general equilibrium model under alternative structural policy scenarios. In the first scenario, characterized by severe structural rigidities, the contractionary effects of exchange rate...
Persistent link: https://www.econbiz.de/10014395794
countries face similar challenges to create jobs and foster more inclusive growth. The current environment of likely durable low oil prices has exacerbated these challenges. The non-oil private sector remains relatively small and, consequently, has been only a limited source of growth and...
Persistent link: https://www.econbiz.de/10014408617
This 2013 Article IV Consultation highlights that economic growth in Ghana continued at a robust pace of 8 percent in …
Persistent link: https://www.econbiz.de/10011244868
has created significant challenges for Ghana. A swift return to macroeconomic stability in 2013 was thwarted by weaker …
Persistent link: https://www.econbiz.de/10011245339
The 2007 Article IV Consultation reports on Ghana’s recent economic and policy development. Public Financial Management … donor assistance in the near future, Ghana has decided to access the international capital market to finance prudently …
Persistent link: https://www.econbiz.de/10014402900
This Selected Issues paper on Ghana shows that as a small, open low-income economy, the country faces several major … challenges in its conduct of disinflation policy. Ghana has historically experienced volatile and often high inflation rates. The … paper also presents a model that recognizes difficulties being faced by Ghana, among them less-than-perfect credibility of …
Persistent link: https://www.econbiz.de/10014403567
Ghana’s growth of 3–4 percent in 2009 was about twice the estimated average for sub-Saharan Africa. Fiscal performance … in 2009 was weaker than programmed, giving rise to substantial new domestic expenditure arrears. The Bank of Ghana (BoG …
Persistent link: https://www.econbiz.de/10014404379
This Ex-Post Assessment of Longer-Term Program Engagement for Ghana explains its experience with particular attention … to the IMF's role. Progress in structural reform was slow, but Ghana also avoided mistakes made by some countries that … introduced reforms without enough public support. Ghana’s success in its reforms is embedded in the strengthening of democratic …
Persistent link: https://www.econbiz.de/10014404561
This 2008 Article IV Consultation highlights that Ghana’s growth has remained strong, fuelled by both the private and … prices, have impacted Ghana negatively, although overall, Ghana’s terms of trade continued to improve …
Persistent link: https://www.econbiz.de/10014404675
The Poverty Reduction Strategy Paper Annual Progress Report (PRSPs) on Ghana explains macroeconomic, structural, and … of financing. The Annual Progress Report (APR) provides a framework for the systematic review of the Ghana Poverty …
Persistent link: https://www.econbiz.de/10014404783