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Details for article 45 of 159 found articles
| Title: |
Exchange Rate Distortion and Economic Growth in Ghana |
| Author: |
Gyimah-Brempon, Kwabena Gyapong, Anthony O. |
| Appeared in: |
International economic journal |
| Paging: | Volume 7 (1993) nr. 4 pages 59-74 |
| Year: |
1993 |
| Contents: |
This paper investigates the effects of exchange rate distortion on economic growth in a Less Developed Country (LDC)-Ghana. Using time series data from Ghana and a five equation simultaneous model, we find that exchange rate distortion, as measured by the black market premium, has a deleterious effect on economic growth rate. The negative effect is imparted through reduced investment and a constriction of international trade. The results imply that liberalized exchange rate policies will enhance the growth prospects of LDCs, especially those in Sub-Saharan Africa. [F 31,O 55] |
| Publisher: |
Routledge |
| Source file: |
Elektronische Wetenschappelijke Tijdschriften |
Details for article 45 of 159 found articles
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