Publication: Monographs
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Achieving durable price and exchange rate stability in Ghana: Is a currency board the answer?
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Ghana has a long history of price and exchange rate instability, reflecting the underlying structural defects of the economy, in terms of lack of diversification and overdependence on imports, compounded by absence of durable fiscal and monetary discipline. Addressing the structural defects will take time and, therefore, strengthening monetary and fiscal management is seen as…
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Monograph 46 – Access to basic public services: challenges Ghana must overcome
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(This publication was sponsored by the International Development Research Centre (IRDC)/Think Tank Initiative.) Access to water, sanitation and healthcare are considered basic rights, as they remain critical for human development. However, in many developing countries, access to these services remains a major gripe. The aims of this paper are to provide analysis that contributes to…
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Monograph 45 – Fixing the roof while the sun is shining
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(This publication was sponsored by the International Development Research Centre (IRDC)/Think Tank Initiative.) This paper reviews country experiences with the implementation of fiscal policy rules focusing on eight advanced and emerging economies with the objective of drawing policy relevant lessons for the implementation of fiscal rules in developing countries. It explores a range of design…
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Monograph 44 – Fighting corruption in the public sector of Ghana – the role of the assets declaration regime
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(This research and publication has been made possible with funding from The Royal Danish Embassy through The Danish International Development Agency (DANIDA).) Corruption is endemic in the public sector as indicated by both anecdotal and evidence based research. Many people posit that where assets are declared, upon assumption of public office, officials could better yield…
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Monograph – The roots of corruption (Presentation)
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(Funded by the Danish Government, through the Royal Danish Embassy and DANIDA.) Corruption has engaged the attention of the international community, politicians and citizens because of its deleterious and corrosive consequences on politics, governance, security and socio-economic development. Several strategies including reform of the constitutional, legal and institutional framework have been implemented by all countries…
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Monograph 43 – The roots of corruption – the Ghanaian enquiry revisited
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(This research and publication has been made possible with funding from The Royal Danish Embassy through The Danish International Development Agency (DANIDA).) Corruption has engaged the attention of the international community, politicians and citizens because of its deleterious and corrosive consequences on politics, governance, security and socio-economic development. Several strategies including reform of the constitutional,…
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Monograph – Parliament’s role in the fight against corruption
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In the late eighties and early nineties Ghana embarked on an agitation for Good Governance. We demanded: Human Rights, Media Freedom, Law and Order, Personal Liberties and Parliamentary Democracy. These were the governance challenges at the time. Today, we have achieved virtually all of these demands. Democracy is well planted in our dear country. Consequently,…
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Monograph 37 – Improving fiscal management in Ghana – the role of fiscal policy rules
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(The research and publication has been made possible with funding from the Royal Danish Embassy.) This paper discusses the role of fiscal policy rules in promoting fiscal discipline and transparency in Ghana. It investigates whether the adoption of fiscal policy rules and independent fiscal policy councils can help improve fiscal performance in Ghana based on…
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Monograph 33 – Implementing the Presidential (Transition) Act: lessons, challenges and the way forward
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(This paper was presented at The IEA workshop on the ‘Implementation of the Presidential (Transition) Act’ on 7th March 2013.) The post-2012 election period presented the first test for implementing major aspects of the Presidential (Transition) Act, 2012 (Act 845). This paper undertakes a preliminary assessment of how the law has been implemented. The approach…
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Monograph 36 – Financial intermediation and the cost of credit in Ghana
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(The research and publication has been made possible with funding from the Royal Danish Embassy.) The Ghanaian financial sector has been growing rapidly. It is, however, not clear how “financial intermediation” and “financial deepening” have been evolving. Further, the cost of credit has been persistently high, which stifles investment and economic growth. The reasons have…