Ghana : Background Information on Output and Investment Performance.
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's growth performance responded well to the liberalization...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1995.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 1995/078 |
| Online Access: | Full text available on IMF |
| Summary: | 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's growth performance responded well to the liberalization of the exchange and trade regime and the elimination of price controls. Sustained implementation of stabilization policies without reversals was also strongly supportive of growth. However, inflation remained relatively high-at about 25-30 percent-and unpredictable, dampening the incentives for the private sector to save and invest. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (99 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |