Computer Science
7 years ago

Inflation and Uncertainty Stifle Growth in Ghana, Urgent Policy Changes Needed

Contemporary Economics
Inflation, Inflation Uncertainty, and Growth: Evidence from Ghana
Bernard Njindan Iyke, Sin‐Yu Ho

Paper Summary

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Macroeconomic Analysis

Inflation and inflation uncertainty in Ghana have negative effects on economic growth. High inflation and uncertainty about inflation hurt growth in the short and long term. Lowering inflation uncertainty can help boost growth, but it takes time to see the positive effects. Policymakers should aim for low inflation and minimal uncertainty to support economic growth in the country.