Latest Articles

The High-Level Panel Report on a Post-2015 Development Framework: Does it Address Inclusive Growth in a Comprehensive Manner?

A strong call for inclusive growth is being harbored at the centre of this report. The conceptual foundation and headline idea is five transformational shifts. One of this is to transform economies for jobs and inclusive growth. There should be a commitment to rapid equitable growth - not just growth at any cost or just short term spurts in growth, but sustained, long term inclusive growth that...

Improving Fiscal Management in Ghana : The Role of Fiscal Policy Rules

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2014
This paper discusses the role of fiscal policy rules in promoting fiscal discipline and transparency in Ghana. The adoption of fiscal policy rules and independent fiscal policy councils are investigated and whether it can help improve fiscal performance in Ghana based on international evidence. The econometric analysis draws on a large dataset of about 160 countries. It examines the impact of...

Why the African Peer Review Mechanism Must Remain Voluntary

"Membership of the African Peer Review Mechanism (APRM), which stands at 35 of the 54 states of the AU, is based on voluntary accession. Speculation about making participation mandatory has long existed but is a mistake. As a voluntary process, the APRM is almost wholly reliant on the perceived credibility and desirability of its processes and reports to remain relevant and attract new...

High Interest Rates in Ghana, A Critical Analysis

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2010
The question of high interest rates in Ghana is examined in this paper. The author notes that high interest rates have not only kept the cost of credit unnecessarily high, but have also discouraged many otherwise viable projects from being implemented. The problem of high interest rates are blamed on the following factors. 1)The structural weaknesses and inefficiency in the banking system that...

Opening Borders: Extra-governmental Involvement in African Regional Integration

"Drawing extra-governmental constituencies into regional integration initiatives is important in ensuring that durable systems emerge. The African Peer Review Mechanism (APRM) shows that in Africa, as in much of the world, involving civil society and business in regional integration efforts has been difficult. The primary reasons for this are a lack of awareness of integration processes,...

Indigenous Knowledge Systems and Good Governance in Ghana: The Traditional Akan Socio Political Example

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2001
The relationship between aspects of indigenous African political culture is explored in this paper as well as the quest for appropriate principles and practices for Africa’s political future. Its main thesis is that some political values of traditional Akan society are relevant to our contemporary lives and should, therefore, be adapted and integrated into strategies for better governance in the...

Situational Analysis of Energy Industry, Policy and Strategy for Kenya

Published: 2015
With regards to its domestic energy requirements, Kenya is in a very interesting development phase. In the past decade the country has grappled with the challenge of unreliable, expensive and unsustainable energy use supporting a stagnating industrial and manufacturing base. This is mainly due to an aging energy infrastructure that can no longer meet the modern day requirements as envisaged in...

Voter Information in Kenya's 2013 Election News Media, Political Discussion and Party Campaigns

The primary objective of the Comparative National Election Project (CNEP) post election survey, held in Kenya – was to generate data that could provide insights into the views and attitudes of Kenyan voters about their political institutions and the 2013 general election in particular. This policy brief focuses on the information that was available to voters regarding the general election. The...

R2P International Criminal Court and the Prevention of Mass Atrocities in Africa

"Following the massacres in Yugoslavia and Rwanda the international community committed itself to preventing similar occurrences in the future. The developing doctrine of Responsibility to Protect (R2P) and the institution of the International Criminal Court (ICC) were the principal strategies that were to form the new order. Because of the centrality that human rights were to have in its...

R2P and the Protection of Civilians: South Africa's Perspective on Conflict Resolution

"This briefing provides an overview of the South African government’s position on the protection of civilians within the context of the ‘responsibility to protect’ (R2P) framework. As South Africa lacks a clearly articulated policy on R2P, any discussion on its position is based on inferences drawn from actions taken in recent years. While South Africa was a supporter of R2P in the run-up to...

Transitions from War to Peace : Dilemmas of Multilateral Intervention in Civil War

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2000
This paper examines the nexus between war and peace. It argues that war to peace transitions should not be seen as mechanistic processes which start at one point and end at another. First among the factors to be examined is that the root causes of conflicts must be understood to enable for the design of appropriate preventive strategies. Secondly, the nature of and the dynamics characterising...

Strengthening the African Peer Review Mechanism: Insights from National Governing Councils

"National Governing Councils (NGCs)2 are the lynchpin of the African Peer Review Mechanism (APRM). Situated between the state’s political leadership and the technical institutions carrying out the research, NGCs are crucial to the development of a meaningful Country Self-Assessment Report (CSAR) and viable National Programmes of Action (NPoAs). They provide oversight for all subsequent...

Food Aid, Agriculture and the African Farmer : A Curator's Egg

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2001
This paper was intended to contribute to the debate about aid and development in Africa by focusing specifically on food aid and its various impacts on African agriculture and, by extension, on African farmers. Our explorations have led us down the path of greater complexities which we, nonetheless, hope will contribute to sober reflections and informed debates about the food aid regimes in...

Development Without Aid

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2001
Particularly prevalent among African officialdom, there is a disturbing mindset, that somehow development is impossible without the intervention of foreign aid. The former President of the Republic of Zambia, Kenneth Kaunda, wept before the General Assembly of the United Nations in 1973, in an appeal to the rich nations of the world to come to the aid of Africa in crisis. More recently the...

Oil Production and Ghana's Economy: What Can We Expect?

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2010
There are two key objectives in this paper. Firstly, it seeks to estimate the impacts of oil production on Ghana’s economy using a computable general equilibrium model. Secondly, it proposes policies to mitigate the adverse impacts oil activities may have on various sectors of the economy. The results indicate that production from the Jubilee oil field could increase the GDP growth rate by 3.5...

Strengthening Ghana's Electoral System : A Precondition for Stability and Development

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2013
Inextricably interwoven with elections, is the democratization process. Political party engagement stems from the aggregation of political ideas through political parties so that a meaningful political competition can take place. Hence, to rig an election is to unlawfully appropriate the will of the people. A study of conflict in African States reveals two main causative factors : ethnicity and...

Le Maroc et l’Afrique Pour une Mobilisation Nationale d’Envergure / An Important National Mobilization for Morocco and Africa

Published: 2014
This publication intends to analyze the vision of HM King Mohammed VI giving stature and importance to the partnership between the Kingdom and the various African countries and to highlight it compared to the strategies of the Moroccan companies present on the continent and with the macroeconomic and geostrategic data of Africa, considered today as the last frontier of growth. The African...

Civilian Control and the Security Sector

Publisher: Institute of Economic Affairs Ghana (IEA)
Published: 2001
The democratic transition and consolidation that Ghana has gone through, reflects in several ways the struggles for democratic accountability, transparency and sustainability, with broad support from different sections of the community. These conform to the general developments in the 1980s and 1990s which seem to indicate that the role of the military in politics is becoming less prominent. Yet...

Promoting Financial Inclusion for Inclusive Growth in Africa

This paper has highlighted the state of financial inclusion in Africa and its importance in ensuring economic development and inclusive growth. However, although many countries have agreed to make financial inclusion a priority, as per the Maya Declaration, many of the rural poor in Africa are still financially excluded. The low level of financial inclusion reflects the impact of demand...

Riding the Sudanese Storm: China, India, Russia, Brazil and the Two Sudans

This paper offers a thematic analysis of the Chinese, Indian, Russian and Brazilian engagements since Sudan’s Comprehensive Peace Agreement (CPA) of 2005, with particular focus on the changing nature and trajectory of these relationships after the establishment of the two Sudans in July 2011. It first considers how relations changed during the CPA, which paved the way for the current ‘two states...

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