Archives: Staff Working Papers and Policy Briefs

Since the works of Adam Smith (1776) and David Ricardo (1817), the volume of world trade has more than quadrupled....

The Bank of Ghana’s policy option to explicitly target inflation in Ghana has received positive and exciting results even though...

As the Ghanaian economy positions itself on the path to move the economy from stability to growth, policy makers and...

Foreign Direct Investment (FDI) has been viewed as a major stimulus to economic growth in developing countries.

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

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

The objective of the paper is to investigate how changes in the Central Bank’s monetary policy stance are transmitted to...

Monetary policy in Ghana (since 1970s) has been focused on bringing down the rate of inflation and promoting savings mobilisation.

In line with the objective of promoting trade within the West African sub region, the West African Clearing House (WACH)...

Lack of long-term investment capital is the major constraint to market growth and development in Ghana. This problem, however, is...