The study sought to determine effect of real effective exchange rate on economic growth in Ghana using annual data from 1984 to 2014. Data was sourced from the databases of World Bank, Bank of Ghana annual bulletins, and Ghana Ministry of Finance and Economic Planning. Using the ARDL...

ABSTRACT The maintenance of asset quality, efficiency and profitability is a vital requirement for the survival and development of Universal Banks. Loans constitute the main asset class from which banks generate their major portion of income and also signify the greatest risk to banks. Recently,...

The need for the Ghanaian government to generate enough revenue for development is becoming increasingly crucial in this era of slow growth, growing unemployment and high debt. However, tax revenue performance over the years reveals an unstable pattern. One key factor that has been overlooked in...

Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper uses macrodata to examine the linkages between...

This paper revisits the exchange rate and interest rate differential relationship since Ghana adopted the inflation targeting regime. Using macro-data spanning 2002 to 2019 for Ghana and the United States, we show the nonexistence of the relationship in both the short-run and long-run. Further,...

Efforts to spur growth in sub-Sahara Africa have been intensified amid structural and institutional constraints. Tax revenue, the chief source of funding for developmental purposes in SSA remains low and unstable. In fact, the SSA sub-region finds it difficult generating tax revenue up to 20 per...

This study examines the joint effects of ICT diffusion (composed of access, usage and skills), and foreign direct investment (FDI) on inclusive growth in sub-Saharan Africa (SSA). The study draws on data from the World Bank’s World Development Indicators, and the Global Consumption and Income...

Global value chain (GVC) participation has been identified as one of the means by which developing countries can attain inclusive growth yet little attention has been paid to it in sub- Saharan Africa (SSA). Motivated by the dearth of studies on SSA, we investigate the effect of GVC...

Efforts to spur growth in sub-Sahara Africa have been intensified amid structural and institutional constraints. Tax revenue, the chief source of funding for developmental purposes in SSA remains low and unstable. In fact, the SSA sub-region finds it difficult generating tax revenue up to 20 per...

The proliferation of frontier technologies in the Global South has increased over the past decade. Despite this development, evidence-based policy recommendations regarding their socioeconomic impacts within the context of Africa are scarce. This study addresses this gap by employing macro data...