Implications of Quasi-Fiscal Activities in Ghana

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Price:  $15.00

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

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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.


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

More publications in this series: Working Papers

More publications by: Mali Chivakul ; Robert C. York