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This paper examines some factors that may have accounted for the investment and growth performance of Ghana during the … past two decades, with special emphasis on the economic recovery program (ERP) period. The paper highlights that Ghana …
Persistent link: https://www.econbiz.de/10014397501
sustainability analysis provides a useful quantification of the impact of the shocks experienced on fiscal performance. Ghana …
Persistent link: https://www.econbiz.de/10014398778
The Ghanaian economy suffered a fallout from the large terms-of-trade shock that began in 1999. The fiscal program adopted is prudent and faces up to the country's difficult economic circumstances. Effective control of public expenditure commitments will be essential to the success of the...
Persistent link: https://www.econbiz.de/10014398929
Ghana showed strong growth underpinned by high commodity export prices, the start of oil production, and strong non …
Persistent link: https://www.econbiz.de/10014398993
The report gives the details of the Ghanaian authorities’ request for modification of the performance criterion under the Extended Credit Facility (ECF)-supported program. The proposed loan involves borrowing at nonconcessional terms. The authorities’ request is with the intention to...
Persistent link: https://www.econbiz.de/10014399094
Since the 2003 Financial Stability Assessment Program (FSAP) update, Ghana’s financial system has undergone rapid …
Persistent link: https://www.econbiz.de/10014399121
Will Ghana’s oil production from 2011 accelerate progress toward middle-income status, or will it retard gains in … techniques. Results confirm that resource rich countries in Ghana’s income range do experience slower growth than their more … diversified peers, an effect that appears to be related to weaker governance. Provided that Ghana can preserve and improve its …
Persistent link: https://www.econbiz.de/10014399413
The Sixth and Seventh Reviews under the three-year arrangement of the Extended Credit Facility observed that te Ghanaian economy performed well in 2011, but risks to macroeconomic stability have risen recently. Even though debt management capacity and policies have been strengthened, progress...
Persistent link: https://www.econbiz.de/10014395444
Ghana has pursued several programs to accelerate the growth of the economy. In 1995, the government presented “Ghana …: Vision 2020,” aimed at making Ghana a middle-income country in 25 years. Vision 2020 focused on human development, economic … Ghana Poverty Reduction Strategy. One of the main challenges to economic growth is the unemployment problem. The recent …
Persistent link: https://www.econbiz.de/10014395445
) that addressed the critical poverty issues in Ghana. GPRS I is a comprehensive policy document prepared as a precondition … for Ghana under the Highly Indebted Poor Country (HIPC) Initiative. The main component—human development …—targets improvement for Ghana’s population to access basic needs and essential services. A general assessment shows that Ghana has a …
Persistent link: https://www.econbiz.de/10014395446