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Trade, Payments Liberalization and Economic Performance in Ghana

Author

Listed:
  • Jebuni, C.D.
  • Oduro, A.D.
  • Tutu, K.A.

Abstract

All over Africa, countries are adopting structural adjustment policies with the hope of arresting two decades of economic deterioration. This deterioration has been attributed, among other things, to inappropriate trade and payments policies, such as overvalued exchange rates and exchange controls, high tariffs and quantitative restrictions which result in a divergence between world prices and domestic prices leading to policy-induced distortions with considerable macroeconomic implications (World Bank, 1990a). Central to these structural adjustment programmes has been the liberalization of trade and payments.
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Suggested Citation

  • Jebuni, C.D. & Oduro, A.D. & Tutu, K.A., 1994. "Trade, Payments Liberalization and Economic Performance in Ghana," Papers 27, African Economic Research Consortium.
    • Handle: RePEc:fth:afrirc:27
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    Cited by:

    1. Acar, Mustafa, 1999. "What is Next for Turkey? Implications of Incorporating Agriculture into the Customs Union with the EU," Conference papers 330884, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. P. K. Mishra, 2012. "The Dynamics of the Relationship between Imports and Economic Growth in India," South Asian Journal of Macroeconomics and Public Finance, , vol. 1(1), pages 57-79, June.
    3. Nomfundo Portia Vacu & Nicholas M. Odhiambo, 2017. "A Review of Imports Structure and Reforms in Ghana," EuroEconomica, Danubius University of Galati, issue 1(36), pages 144-158, May.

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    Keywords

    exchange rate ; trade;

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