This paper presents empirical evidence that the massive foreign aid inflows into Ghana that accompanied the 1983 … that aid inflows into Ghana, instead of causing real appreciation of the cedi, caused its depreciation. Using the … increases are saved to raise foreign reserves as was the case in Ghana. In the long run, however, when all aid increases were …

Policy makers in Africa often argue that devaluation leads to inflation. This is undesirable in itself and also because … the inflation mitigates any impact that the nominal devaluation has on the real exchange rate, which is what one hopes to … tests that hypothesis with time series techniques due to Box and Tsiao (1975) using data from Ghana for the period 1974 …

correction methodology, the paper found the exchange rate pass-through into Nigeria's CPI inflation to be incomplete. The long …

Covid-19 and war-induced commodity price fluctuations, and broadening price pressures have led to a surge in inflation … raising concerns of youth unemployment. This paper explores the effects of inflation on private employment growth in SSA using … inflation and job creation in SSA, with job creation being negatively correlated with inflation rate when the latter is above 14 …

autoregression (VAR) models. Using a data set covering the period 1990-2005, we find that the exchange rate pass-through to inflation … should remain vigilant in assessing the potential impact of foreign prices on the dynamics of inflation in Tanzania. In this … regard, the authorities should seek to maintain low and stable inflation and continue the ongoing structural reforms designed …