This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public...

Intro -- Contents -- I. INTRODUCTION -- II. FISCAL DEVELOPMENTS IN PERSPECTIVE -- III. CONCEPTUAL FRAMEWORK FOR QUANTIFYING QUASI-FISCAL ACTIVITIES -- IV. THE SCOPE AND COVERAGE OF QUASI-FISCAL ACTIVITIES -- V. QUASI- FISCAL ACTIVITIES AND THE FISCAL POSITION -- VI. POLICY IMPLICATIONS AND...