What impact does the transition to lower-middle-income country (LMIC) status have on a nation’s ability to mobilise foreign financing?
What impact does the transition to lower-middle-income country (LMIC) status have on a nation’s ability to mobilise foreign financing?
What challenges do sub-Saharan African (sSA) governments face in terms of financial management?
Economic development in Ghana has been uneven. The areas in the north – the Northern Region, the Upper West Region and the Upper East Region – have historically been less well off and have tended to benefit less from growth than the rest of the country. It is a persistent disparity that is now beginning to get considerable attention: new government measures target...
Under the 1992 constitution, which created the fourth republic, Ghana has a unitary presidential system. The president, who is also the head of state, is elected every four years and the balance of power is ensured by a system of checks and balances. The current constitution of the Fourth Republic outlines the foundations of a republican version of democratic government...
Ghana’s national currency, the cedi, is derived from the Akan word for the cowry shells used as currency during the days when Ghana was referred to as the Gold Coast. The current version of the cedi is the third printing of the currency since independence. Yet, if ECOWAS succeeds in its plan for a unified currency bloc, the latest version of the cedi, introduced in 2007...
The nation of Ghana is charting a credible and lasting course for our collective development. We are no longer just another developing country; we are now classified as a middle-income country. To be sure, we are currently at the lower end of the middle-income spectrum, but we are working hard to consolidate this new status so that soon enough, in the foreseeable future...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×