## Ghana: Adjustment and Growth, 1983-91

_Occasional Papers, March 15, 1991_

## Source details

**Canonical URL:** [Ghana: Adjustment and Growth, 1983-91](https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/ghana-adjustment-and-growth-1983-91-64)

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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

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### 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

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

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_Source: https://www.imf.org/en/publications/occasional-papers/issues/2016/12/30/ghana-adjustment-and-growth-1983-91-64_