ABSTRACT This study empirically examines the effect of Central Government transfers to Local Assemblies on their ability to internally generate revenue in Ghana. The study used data from the Ministry of Local Government and Rural Development for 216 districts in Ghana from 2013 to 2017. Employing panel data and using random effects and fixed effects estimation techniques in estimating the models and correcting for serial correlation and heteroskedasticity, the study found no significant relat...
ABSTRACT This study investigated the long and short-run impact of external debt on economic growth in the context of Ghana using the sample period spanning from 1980 to 2016. The study also examined the Ghana’s external debt trend analysis over the sample period considered for this study. Theoretical and empirical evidences indicates that external debt can either exert negative or positive impacts on economic growth depending on how the external funds acquired is injected into the economy. ...
ABSTRACT Studies have established that effective and efficient public financial management is one of the most effective ways ensuring accountability and hence promote good governance. Failure to attain financial accountability serves as a breeding ground for weak public accounting, poor expenditure control, cash mismanagement and the mismanagement of financial records. In order to achieve financial accountability, there is the need for a system that ensures effective financial management. The...
ABSTRACT In this study, the relationship between economic growth, international trade and financial development in Ghana is explored. The study uses annual time series data extracted from the World Development Indicators from 1997 to 2017. Findings from Ordinary Least Squares estimations show the net imports have a statistically significant negative relationship with economic growth while broad money has a positive but insignificant relationship with economic growth. Additionally, broad mone...
ABSTRACT This research assessed the implementation of the Programme Based Budgeting system in Ghana since its introduction in 2014 to 2018 at the central government level. Four main thematic areas were used to determine whether the introduction of Programme Based Budgeting (PBB) has really led to Budgeting for Results. These include strategic allocation of Public resources, efficient utilisation of Public resources, and attainment of government priorities. The research work also focused on ...
ABSTRACT Rural and Community Banks (RCBs) in Ghana play a very important role in the financial intermediation agenda for the rural populace in Ghana. The concept of donor aid has been identified as a key sustainable approach to ending poverty in Africa through the injection of funds and the provision of technical support for the thriving of rural activities such as farming and fishing. An understanding of factors that improve the financial performance of RCBs is important for the achievement ...
ABSTRACT Stocks represent ownership in a corporation or a company in finance. They are sometimes referred to as equities or shares. The converging place of the buying and selling of stocks is what is referred to as a Stock Market/Exchange. The main objective for the study was to determine how inflation impacts the stock market performance in Ghana to help companies and individuals make informed decisions when there are changes in inflation rate. A quantitative approach of data analysis was em...
ABSTRACT The study sought to assess the sustainability of cocoa production and consumption in Ghana in the last twenty years (1997-2017). The objective of this study was to examine the trend in cocoa production and consumption in Ghana (1997-2017), evaluate the factors that drive production of cocoa over several years andinvestigate the challenges confronting cocoa production.To address the stated specific objectives, a quantitative research design was employed for the study. Regarding the sa...
ABSTRACT The Ghanaian banking sector in recent years has seen some developments after the recapitalization exercise embarked on in 2012. This study generally assessesthe impact of the 2012 recapitalization on the performance of banks within the Ghanaian banking sector. The study specifically aimed at examining the effect of the regulatory increase in capital of banks in Ghana on their performance as well as the impact of the regulatory increase on the lending behaviour of these banks. Employ...
ABSTRACT Donor-funded projects are crucial for socio-economic development of nations. Unfortunately, infrastructural deficit in Ghana has widened in the face of dwindling oversees development aid. Delivering value-for-money project remains vitally important for key stakeholders. This study seeks to examine critical factors for project success/failure, and specifically the relationship between critical factors and successful implementation of donor-funded projects in Ghana. The study was cond...