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THE GHANAIAN ECONOMY is benefiting from one of the most successful reform programmes in Africa, with increased growth reflecting strong economicfundamentals underpinned by anti-inflationary monetary policy and fiscal consolidation.
How effective is aid at helping developing countries eradicate poverty? In March 2005, more than 100 countries made a firm commitment in the Paris Declaration to measure their success, or failure, in making aid more effective.
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Ghana is well endowed with natural resources as evidenced by its rich soils and favourable climate for agriculture which remains the mainstay of the economy. Agriculture accounts for 40% of the Gross Domestic Product (GDP) and employs about over half of the labour force.
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This note provides a summary of the ongoing Ghana Country Assistance Evaluation (CAE).
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Country Study of Ghana
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The African Economic Outlook project aims to provide valuable information on economic and social development progress in Africa, as well as on short-term prospects (up to 2002 for the 2001 report). It combines the knowledge and expertise accumula...
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Ghana's independence in March 1957 was celebrated with great flourish. "Free at last" Kwame Nkrumah, the country's leader, proclaimed. Yes, Ghana was free to follow an independent political course, and free to experiment with an independent ...
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The growth record of Ghana has been one of unevenness, as Table I.1 and Figure I.1 clearly indicate. With a reasonably high GDP growth in the 1950s and early 1960s, the Ghanaian economy began to experience a slowdown in GDP growth as of 1964. Gr...