Inflation Dynamics and Policy Mix in Ghana

Abstract

Ghana was the second African country to adopt the inflation-targeting framework in 2007. The country faced persistently high levels of inflation, exceeding 100 percent in the early 1980s. Since the adoption of the inflation targeting regime, the inflation rate has decreased and remains below 20 percent.

Keywords

• ardl
• monetary policy
• fiscal policy
• inflation
• ghana
• c01
• c32
• e52
• e62
• f62