Publication: Theme: Research
Achieving durable price and exchange rate stability in Ghana: Is a currency board the answer?
—
by
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…