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Aid, Growth and Private Capital Flows to Ghana

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  • Robert Darko Osei

Abstract

This study provides an analysis of the aid-private capital flows-growth nexus for Ghana. It is premised on the argument that Ghana's new status as a middle income country plus the start of oil production is bound to result in a reduction in ODA inflows in the long term. However in the short to medium term ODA will remain an important component in the country's fiscals as well as an important tool for leveraging government policy.

Suggested Citation

  • Robert Darko Osei, 2012. "Aid, Growth and Private Capital Flows to Ghana," WIDER Working Paper Series wp-2012-022, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2012-022
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    File URL: https://www.wider.unu.edu/sites/default/files/wp2012-022.pdf
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    References listed on IDEAS

    as
    1. Margaret S. McMillan & Dani Rodrik, 2011. "Globalization, Structural Change and Productivity Growth," NBER Working Papers 17143, National Bureau of Economic Research, Inc.
    2. Robert Osei & Oliver Morrissey & Tim Lloyd, 2005. "The fiscal effects of aid in Ghana," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(8), pages 1037-1053.
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    Cited by:

    1. Robert Darko Osei & Charles Ackah & George Domfe & Michael Danquah, 2015. "Political settlements, the deals environment and economic growth: The case of Ghana," Global Development Institute Working Paper Series esid-053-15, GDI, The University of Manchester.
    2. Franklin Oduro & Mohammed Awal & Maxwell Agyei Ashon, 2014. "A dynamic mapping of the political settlement in Ghana," Global Development Institute Working Paper Series esid-028-14, GDI, The University of Manchester.

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    Keywords

    Capital; Economic assistance and foreign aid; Fiscal policy; Natural resources; Productivity;
    All these keywords.

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