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Determinants Of Economic Growth In Ghana

"An econometric analysis of the factors influencing long-run economic growth in Ghana since independence was undertaken using a variant of neo-classical growth model based on available data from 1966 to 2000. The dependent variable of this long-run…

Assessment Of Inflation Trends Management And Macroeconomic Effects In Ghana

"Ghana has experienced high inflation over a long period of time. Over the past thirty years, monetization of fiscal deficits and cyclical food deficits have been the principal drivers of inflation. Achieving sustained disinflation therefore depends…

The Inflationary Effects of Fiscal Deficit in Sierra Leone: A Simulation Approach

The objective of the study is to identify rules for the conduct of fiscal and monetary policies for low inflation in Sierra Leone. Policy simulations are carried out following the estimation of an inflation model with annual data from 1971 to 2012. …

Threshold Effects in the Relationship Between Inflation and Economic Growth: Evidence from Rwanda

It is now widely agreed among economists, policy makers and central bankers that the main objective of macroeconomic policy is to achieve a high and sustained economic growth rate while maintaining a low inflation rate. It is also believed that high…

Togo: Pourquoi faut-il Augmenter les Revenus? / Togo: Why Should Salaries be Increased?

In an international environment marked by the economic crisis and its corollaries, the well being of the people is more than ever at the heart of the debate. Which levers should then be focused on to ensure strong growth which does not generate econ…

Inflation Inequality in South Africa

"The inflation crisis of 2008 drew greater attention to the varying experiences of inflation in South Africa and,in particular, to the fact that different groups within society may have significantly differing inflation experiences. The groups may b…

Creating and Wasting Fiscal Space: Zambian Fiscal Performance 2002–2011

"Following three decades of economic mismanagement and decline, Zambia has experienced sustained economic growth since the turn of the century. The combination of rapid growth, reduced public expenditure, increased mining taxation and debt relief he…

Inflation Dynamics and Agricultural Supply Shocks in Uganda

Studies on inflation earlier in Uganda did not fully account for the potential role of supply side constraints in agriculture. This paper's purpose, therefore, is to estimate the determinants of inflation in Uganda. It highlights the possible feed…

Inflation Dynamics in Botswana and Bank of Botswana's Medium-Term Objective Range

"This study is motivated by the high and unpredictable episodes of inflation in Botswana over the last 20 years. This is despite the Bank of Botswana's concerted effort to keep inflation at its minimum and stable over time. More specifically, the Ba…

Nigeria Economic Update Issue 1

In this document several aspects regarding the Nigerian economy is explored. Firstly, under the heading: Economic Growth - the increase of the GDP growth rate is discussed. Energy, Oil and gas, talks about the decline of the OPEC weekly basket price…

Nigeria Economic Update Issue 2

This document discusses several issues regarding the Nigerian economy under the following headings; Fiscal Focus- talks briefly about the 2016-2018 Medium- Term Expenditure Framework (MTEF), as well as the 2016 budget which introduced the zero-based…

Nigeria Economic Update Issue 23

This document provides brief information on the Nigerian Economic Situation. The first article is on the Gross Domestic Product - Recent Data on Nigeria’s Real GDP growth rate (Year-on-Year) declined by 2.47 percentage points, from 2.11 % in 2015 Q4…

Single-Digit Inflation And The Cost Of Living Dichotomy In Ghana

'Ghana has a long history of high inflation rates, popularly attributed to supply not keeping up with demand. However, Ghana's current single digit inflation can be attributed to a number of factors including the reduction in global inflation rate …

Five Years Of Inflation-Targeting In Ghana: What Has Changed And What Needs To Change Further To Enhance The Process?

"After achieving political independence in 1957, Ghana set up its own central bank to conduct independent monetary policy among other functions. Since then, various frameworks have been adopted to deliver price stability as the principal goal of mon…

Exchange Rate Depreciation, Budget Deficit and Inflation - the Nigerian Experience

"This study examined the quantitative effects of exchange rate depreciation on inflation, government revenues and expenditures, and money supply in Nigeria. Our objective was achieved through the use of a macroeconometric model that captures the k…

Fiscal Operations, Money Supply and Inflation in Tanzania

"Inflation in Tanzania has exacerbated the economic crisis. Government and policy makers have recognized the seriousness of the phenomenon in the economy. Though they have designed policies to curb it, amazingly, inflation is still uncontrollable.…

Modelling the Inflation Process in Nigeria

"This study is motivated by the conviction that inflation entails sizeable economic and social costs, and controlling it is one of the prerequisites for achieving a sustainable economic growth. The study analyses the main sources of fluctuations i…

Relative Price Variability and Inflation: Evidence from the Agricultural Sector in Nigeria

"The main objective of this study is to establish quantitative relationships among the relative price volatility of agricultural commodities, inflation and agricultural policies in Nigeria. The findings suggest the need for policies that will buffer…

Analyzing the Impact of the Global Economic and Financial Crisis in Cameroon

"The global economic and financial crisis has had some negative implications in Cameroon’s growth. Extrapolation of the growth impact leads to a deterioration in poverty and inequality indicators. Government finance, inflation, employment, current a…

Trade, Payments Liberalization and Economic Performance in Ghana

"Trade and payments liberalization will have implications for employment, economic growth, balance of payments, government budgets and inflation. Experience varies across the continent depending upon the initial conditions before liberalization, str…

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