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Publications (3)
Working Paper
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In this paper we discuss aid and the environment in Ghana. Our analysis indicates that expenditure by the government of Ghana has increased consistently since 2000, with seven sectors weakly linked to the environment taking about 78.9 per cent of all government expenditure. Also, the rate of...
Working Paper
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– A Risk-Cost Configuration Approach
The paper examines the source of financial market fragmentation in sub-Saharan Africa in the framework of institutional economics. Based on fieldwork data from Ghana, Malawi, Nigeria, and Tanzania, it analyses financial risk management, the transaction costs for loan screening and monitoring, and...
Working Paper
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The paper primarily investigates the interrelationship between financial sector development and poverty reduction in Ghana. This is done using time-series data from the World Development Indicators from 1970-2001. The main findings are, first, that even though financial sector development does not...
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