One of the most challenging problems in developing countries such as Ghana is exchange rate management, that is, 'getting the exchange rate right' especially in the context of exchange rate misalignment. The major research and policy question is what constitutes the equilibrium real exchange...

Current arrangements under the Lomé Convention have given African, Caribbean and Pacific (ACP) countries preferential access to EU markets, but the legality of this non- reciprocal arrangement has been challenged by the World Trade Organisation. The European Union has proposed replacing these...