Publication: Policy Analysis

Whereas Wagner’s law suggests that economic growth causes growth in government expenditures, Keynes’ views which are dubbed as Keynesian economics suggest that growth in government expenditures causes economic growth and development. It is in the light of these two views that the current study wants to find out whether the economy of Ghana exhibits Wagner’s…

In this paper, I take cognisance of all the broader issues that are Africa’s developmental problematique, but consciously. descend from “the global and continental” to “the national” and from “meta-issues of Africa Development” to “making social progress in Ghana”. In this way I hope to isolate for discussion at a very practical level, a number…

The paper examines the coronation or economist approach of meeting convergence criteria before adopting a common currency and exchange rate system in the West African Monetary Zone (WAMZ). The empirical evidence shows that the WAMZ economies are small and are becoming more closed with time. Herfindhal indices show that they are specialized in few agricultural,…

NEPAD (New Partnership for Africa’s Development) – a synthesis of the forgone plans and touted by Presidents Thabo Mbeki of South Africa, Olusegun Obasanjo of Nigeria and Abdoulaye Wade of Senegal -was presented at the G8 Summit in Genoa in 2001 for Western financial support. NEPAD seeks $64 billion in Western investments in Africa. The…