August 12, 2017

Economic Analysis of Advertising in the Legal market in Ghana and Proposals for Reform [Occasional Paper 11]

Occasional Paper 11. Economic Analysis of Advertising in the Legal market in Ghana and Proposals for Reform The law and economics framework is used to study the implication of lifting the ban on social media use in advertising in the legal market in Ghana, and how transaction costs, the information, bargaining, policing cost associated with transaction or an agency rule defines the integrity of the interactions between the two parties. Read full paper here Occasional Paper 11
August 19, 2017

The Mid-Year Review of the 2018 Budget Statement & Economic Policy

Fiscal Alert 7: The Mid-Year Review of the 2018 Budget Statement & Economic Policy The Minister for Finance presented the 2017 Mid-Year Budget and Fiscal Policy Review to Parliament on 31st July 2017. Prior to the review, IFS issued an assessment of the performance of the economy and the budget and made recommendations to address shortcomings that it had identified. During IFS’ pre-Mid-Year Review assessment, most of the data available at the time was up to April. The Minister, however, provided updated data in his review in most cases up to June. The IFS has critically looked at the Mid-Year […]
October 5, 2017

Mobilizing Adequate Domestic Revenue to Support Ghana’s Development

Fiscal Alert 8: Mobilizing Adequate Domestic Revenue to Support Ghana’s Development This paper seeks to show how domestic revenue mobilization can be significantly enhanced to pave way for the formulation of a credible 2018 Budgets to support Ghana’s develop- meant. Read full paper here: Fiscal Alert 8
October 23, 2017

Government Expenditure Arrears in Ghana: Trends, Causes and Management [Occasional Paper 12]

[Occasional Paper 12] Government Expenditure Arrears in Ghana: Trends, Causes, and Management Government expenditure arrears have reached a significant proportion in recent years, and their clearance has contributed to the growth in public expenditure, deficits, and debt. This paper tracks the arrears problem and examines its causes and management. Read full paper here Occasional Paper 12
October 26, 2017

Mobilizing Adequate Domestic Revenue For Development

The Institute for Fiscal Studies (IFS) has called on the government to mobilize more domestic revenue to support the country’s economic growth and stability. Prof. Newman Kusi, Executive Director of IFS, during his delivery of the key address at pre-2018 budget forum held at the Mövenpick Ambassador Hotel in Accra remarked that domestic revenue has always fallen short of the budget targets in the last couple of years, with the revenue gap increasing significantly since 2011. “Ghana’s domestic revenue/GDP ratio has also remained far below the levels of its regional competitors. The country’s domestic revenue/GDP ratio averaged 20.4 percent between […]