Please use this identifier to cite or link to this item:
https://repositorio.ipea.gov.br/handle/11058/15509
Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Epstein, Gerald | |
dc.contributor.author | Heintz, James | |
dc.date.accessioned | 2024-10-03T23:58:47Z | - |
dc.date.available | 2024-10-03T23:58:47Z | - |
dc.date.issued | 2006 | |
dc.identifier.uri | https://repositorio.ipea.gov.br/handle/11058/15509 | - |
dc.description.abstract | This Country Study summarizes the findings and recommendations of a UNDP-supported study on the linkages among central bank policy, the financial structure and employment outcomes in Ghana. The study maintains that monetary policy must be coordinated with financial sector reforms in order to generate poverty-reducing employment. Its analysis highlights serious problems of restrictive inflation-targeting, a high real interest rate policy and insufficient lending of financial resources for productive private investment. In response, it recommends that monetary policy in Ghana should be specifically geared to promoting economic growth and employment along with maintaining moderate levels of inflation. Targeting such real variables, it maintains, will imply regular collection of data, such as on employment trends. In order to lower the cost of borrowing and foster greater access to credit, the study offers several policy recommendations, including credit guarantee schemes, reducing interest rates on government securities, using asset-based reserve requirements to direct credit and forging stronger links between formal and informal financial institutions. The study’s main point is that monetary and financial sector policies should be recast as crucial instruments of development and be well integrated into Ghana’s Poverty Reduction Strategy. (...) | en |
dc.language.iso | en | |
dc.title | Monetary Policy and Financial Sector Reform for Employment Creation and Poverty Reduction in Ghana | en |
dc.type | Research Report | |
dc.rights.holder | International Policy Centre for Inclusive Growth | |
dc.rights.holder | United Nations Development Programme | |
dc.location.country | Brasil | |
dc.description.physical | 55 p. : il. | |
dc.rights.type | Licença total exclusiva | |
dc.rights.license | O texto e dados desta publicação podem ser reproduzidos desde que as fontes sejam citadas. Reproduções com fins comerciais são proibidas. | |
dc.subject.keyword | Monetary Policy Financial Sector | |
dc.subject.keyword | Reform | |
dc.subject.keyword | Ghana | |
ipea.access.type | Acesso Aberto | |
ipea.researchfields | N/A | |
ipea.classification | Desenvolvimento Social | |
ipea.classification | Economia. Desenvolvimento Econômico | |
ipea.classification | Sistema Monetário. Finanças. Bancos | |
Appears in Collections: | Publicações do IPC-IG |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
en_IPCCountryStudy2.pdf | 509.38 kB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.