Staff Working Papers and Policy Briefs

Publication

Monitoring Cross Border Capital Flows in Ghana

Foreign Direct Investment (FDI) constitutes a major source of financing and provides the much needed capital to expand economic opportunities in many developing countries. FDI inflows constitute a stable source of current account financing and enhances the growth potential of developing countries through the multiplier effects of technology transfer and increased competition

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Monitoring Cross Border Capital Flows in Ghana – 2009 Survey Findings and Policy Issues

In sub-Saharan Africa, private capital flows constitutes a major source of capital to meet financing requirements aimed at economic expansion.

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POST RE-DENOMINATION SURVEY OF BANKS, CONSUMERS AND RETAILERS

In July 2007, the Cedi was re-denominated by removing four (4) zeros such that the ¢10,000 note was made equivalent to a new GH¢1 note. Among the expected benefits were that the re-denomination exercise would result in a reduction in transactions costs and overall risks of carrying large volumes of notes and also simplify accounting records.

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ESTIMATION OF SHORT RUN TRADE OFFS

Stabilizing prices permanently has been generally agreed to create long run benefits to the society and helps increase trend growth rate of real output.

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Stress tests of the Ghanaian Banking Sector : A VAR Approach

Stress tests of the vulnerability of financial institutions to macroeconomic shocks are valuable aid in assessing financial stability.

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