This paper examines dynamic patterns of investment in Cameroon, Ghana, Kenya, Zambia and Zimbabwe, assessing the …

intermediation in Ghana. By applying panel data to variables derived from a theoretical model, we find evidence for a noncompetitive …

A model in which monetary policy pursues full-fledged inflation targeting adapts well to Ghana. Model features include …

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 …

This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have … Ghana''s fiscal stance and fiscal adjustment from one for the central government alone; QFAs have led to serious distortions …

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 …

This paper examines the corporate financing pattern in Ghana. In particular, it investigates whether Singh … than developed country firms to finance asset growth hold in the case of Ghana. Replicating Singh''s methodology, our … of finance for funding corporate growth and that stock market development in Ghana has been important …

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 …