External aid inflows and the real exchange rate in Ghana
| dc.contributor.author | Harry A. Sackey | |
| dc.date.accessioned | 2019-04-17T13:01:40Z | |
| dc.date.available | 2019-04-17T13:01:40Z | |
| dc.date.issued | 2001-11-01 | |
| dc.description | HC 1060 . S23 2001 | en_US |
| dc.description.abstract | This paper develops an empirical model for Ghana’s real exchange rate with special focus on foreign aid. The novelty of this study is the interfacing of exports with a policy environment, using aid as proxy, to see how it affects export performance. The paper finds that although aid dependence is quite high, aid inflows lead to depreciations in the real exchange rate. Aid inflows have also had a positive impact on export performance. The paper concludes that for external aid to be an effective investment, policy management needs to focus on ensuring the prevalence of sound macroeconomic fundamentals, among others. | en_US |
| dc.description.sponsorship | AERC | en_US |
| dc.identifier.isbn | 9966-944-60-5 | |
| dc.identifier.uri | https://publication.aercafricalibrary.org/123456789/444 | |
| dc.publisher | AERC | en_US |
| dc.relation.ispartofseries | Research paper;Research paper 110 | |
| dc.subject | Economic Assistance - Ghana | en_US |
| dc.title | External aid inflows and the real exchange rate in Ghana | en_US |
| dc.type | Article | en_US |