Inflation appears to be the macro-problem in Ghana for which no antidote has been found under the economic recovery programme. It is possible that either a wrong diagnosis has been made of the problem, or that certain factors within the economy are preventing inflation from staying within target...

In this study the relationship between RER, price and supply response of coffee is described in detail. The objective is to see if devaluation affects RER agricultural price and supply of coffee--a perennial crop that is the major source of foreign exchange of Ethioppia.

The dominent influence of South African goods on the Botswana CPI basket leads to the expectation that South African prices have a significant role in determining prices in Botswana. This paper examines Botswana's price and inflation relationships and their interaction.

One of the most dramatic events in Nigeria over the past decade was the devaluation of the Nigerian naira with the adoption of a structural adjustment programme (SAP) in 1986. A cardinal objective of the SAP was the restructuring of the production base of the economy with a positive bias for the...

The paper investigates the relationships between domestic and foreign price levels and the exchange rate and other macro-variables. The real exchange rate is estimated as a cointegrating vector that spans the variables in a purchasing power parity relation. An exchange rate pass-through equation...

The study documented agricultural policies through the period 1970-1993; implementation deviation for ten agricultural policy variables, eight of which are fiscal and two monetary; and identified discontinuities in agricultural policies. In addition, it computed volatility measures for ten...