Implications of Quasi-Fiscal Activities in Ghana

WPIEA2006024 Image
Price:  $15.00

Author/Editor: Mali Chivakul, Robert C. York
Release Date: © January, 2006
ISBN : 978-1-45186-284-3
Stock #: WPIEA2006024
English
Stock Status: Available

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Description

This paper assesses the scope and coverage of quasi-fiscal activities (QFAs) in Ghana. We find that while QFAs have been reduced recently, they remain significant. The extensive nature of these activities has several macroeconomic and structural policy implications. An extended measure of public sector operations, including QFAs, presents a clearer picture of Ghana's fiscal stance and fiscal adjustment from one for the central government alone; QFAs have led to serious distortions in energy and water consumption; and they have distorted the investment decisions of both public enterprises and the private sector.

Taxonomy

Economic policy , Economic sectors , Fiscal policy , Private sector , Public sector




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More publications by: Mali Chivakul ; Robert C. York