Ghana: Selected Issues
June 19, 2007
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
This Selected Issues paper examines competitiveness and the equilibrium real exchange rate for Ghana. It estimates a behavioral equilibrium exchange rate model for Ghana to establish to what extent real effective exchange rate (REER) movements have been driven by an adjustment to its equilibrium values, consistent with changing fundamentals. The paper discusses measures of Ghana’s external competitiveness other than the gap between the actual and the estimated equilibrium REER. Achievements, challenges, and priorities in the areas of public financial management, wage policy, tax administration, and tax policy are also described in detail.
Subject: Budget planning and preparation, Commercial banks, Exports, Financial institutions, Foreign exchange, Infrastructure, International trade, National accounts, Public financial management (PFM), Real effective exchange rates
Keywords: Africa, Central and Eastern Europe, Commercial banks, CR, credit growth, credit to GDP, East Asia, Exports, GDP ratio, Ghana, IMF staff estimate, Infrastructure, ISCR, Real effective exchange rates, SSA country data, Sub-Saharan Africa, wage bill
Pages:
95
Volume:
2007
DOI:
Issue:
208
Series:
Country Report No. 2007/208
Stock No:
1GHAEA2007001
ISBN:
9781451814972
ISSN:
1934-7685
