Ghana: Adjustment and Growth, 1983-91

Occasional Papers, March 15, 1991

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Ghana: Adjustment and Growth, 1983-91

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Bibliographic details

• Authors: Ishan Kapur, Jerald A Schiff, Michael T. Hadjimichael, Philippe Szymczak, Paul Louis Ceriel Hilbers
• Published: March 15, 1991
• Series: Occasional Papers
• Volume: 1991
• Pages: 76
• DOI: https://doi.org/10.5089/9781557751829.084

Summary

• The first sub-Saharan African country to pursue broad economic and structural reform— aided by external finance and technical aid—Ghana is an example of adjustment with growth.
• Ghana's experience, discussed in this paper, illustrates the need for complementary policy actions and the right sequencing and speed of reforms.

Authors and publication

• By Ishan Kapur, Jerald A Schiff, Michael T. Hadjimichael, Philippe Szymczak, Paul Louis Ceriel Hilbers
• March 15, 1991

Key findings and themes (as presented)

• Ghana's reform experience serves as an example of adjustment with growth.
• The experience illustrates the need for:
  • complementary policy actions
  • the right sequencing and speed of reforms

Subjects and keywords

• Subject: Exchange rate arrangements, Exchange rates, Expenditure, Foreign exchange, Inflation, Prices, Revenue administration
• Keywords: adjustment effort, bank assets, exchange rate, Exchange rate arrangements, Exchange rates, Inflation, lessons from Ghana's experience, Middle East, monetary policy reform, OP, policy lesson, reform effort, state enterprise, Sub-Saharan Africa, West Africa

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International Monetary Fund — Ghana: Adjustment and Growth, 1983-91 (Occasional Paper No. 1991/001), March 15, 1991