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Ghana: Selected Issues

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  • International Monetary Fund

Abstract

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 announcements of inflation reduction and policymaker aversion both to movements of output from its potential level and to variability in the interest rate.

Suggested Citation

  • International Monetary Fund, 2008. "Ghana: Selected Issues," IMF Staff Country Reports 2008/332, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2008/332
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=22408
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    References listed on IDEAS

    as
    1. Charles Amo Yartey, 2006. "The Stock Market and the Financing of Corporate Growth in Africa: The Case of Ghana," IMF Working Papers 2006/201, International Monetary Fund.
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