Investment, Uncertainty, and Ireversibility in Ghana - WP/97/169 - IMF
Investment under Uncertainty Model with Irreversibility Using . Private investment in Ghana has been extremely weak during 1992-96, averaging 4.1 percent .
http://www.imf.org/external/pubs/ft/wp/wp97169.pdf
Private investment under uncertainty in Ghana
Private investment under uncertainty in Ghana. Contents: Author info; Abstract; Bibliographic info; Download info; Related research; References; Citations; Lists .
http://ideas.repec.org/a/eee/wdevel/v22y1994i8p1211-1221.html
The Dynamics Of Financial Liberalisation In Ghana
Private investment under uncertainty in Ghana, World Development, Vol. 22: 1211-21. 3. Bank of Ghana. 2009. Annual Report (various Issues), Accra, Ghana. 4.
http://journals.cluteonline.com/index.php/IBER/article/download/7166/7239
The Effects of Public Investment on Private Investment...
tent results on whether it complements or crowds out private investment. Applying sev- . Another key factor influencing private investment is uncertainty. . Optimal investment under uncertainty. . Property rights and investment incentives: Theory and evidence from. Ghana. Journal of Political Economy 103 ( 5): 903-37.
http://unpan1.un.org/intradoc/groups/public/documents/apcity/unpan027384.pdf
Private Investment, Uncertainty, and Irreversibility in Uganda
investment decisions under uncertainty concluded that uncertainty about cost . number of comparator countries (Cameroon, Ghana, Kenya and Zimbabwe).
http://www.csae.ox.ac.uk/conferences/2001-nirafbia/pdfs/realdarku.pdf
Private investment under uncertainty in Ghana - ScienceDirect
Apr 15, 2002 . Ghana's Economic Recovery Program saw considerable growth of the economy during 19851991. This commendable performance .
http://www.sciencedirect.com/science/article/pii/0305750X94900876
866-709-4744
Library of Congress / Federal Research Division / Country Studies ...
Ghana: The Political Economy of Recovery. Boulder, Colorado: Lynne Rienner, 1991. Aryeetey, Ernest. "Private Investment Under Uncertainty in Ghana," World .
http://lcweb2.loc.gov/frd/cs/ghana/gh_bibl.html
Uncertainty and Investment in an East Asian Economy: A ... - CeFiMS
(1998) who uses panel data from 200 Ghanaian manufacturing firms for . Because high rates of private investment occurred under a policy regime that offered .
http://www.cefims.ac.uk/documents/research-53.pdf
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Home Affordable Modification Program (HAMP)Public-Private Partnerships in Ghana the Case of Water Sector by ... Growth, Investment and Employment in Ghana - International ... |
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Deed in LieuUncertainty and investment in private sector: An analytical argument ... |
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Home Affordable Foreclosure Alternatives (HAFA) — Deed in LieuLegal Aspects of Investing in Ghana - Digital Commons at Loyola ... |
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Gothenburg University Publications Electronic Archive - GUPEA
The idea that better private sector performance in Africa can reduce poverty remains . In the case of Ghana, for instance, the time series dimension of the panel . irreversible investment under uncertainty predict that investment will be .
http://gupea.ub.gu.se/bitstream/2077/18816/1/gupea_2077_18816_1.pdf
WIDER RESEARCH FOR ACTION Structural Adjustment in Africa
Structural Adjustment in Africa. A Performance Review of World Bank Policies under Uncertainty in . Can export diversification solve the problem facing Ghana ? 47. 16. Agricultural . iv) encourage private investment. How were the above .
http://www.wider.unu.edu/publications/working-papers/previous/en_GB/rfa-16/_files/82530840772875775/default/RFA16.pdf
Uncertainty and investment in private sector: An analytical argument ...
However I cannot reject the positive effect of war on the private investment rate. Among . a new theory of investment under uncertainty is explained in this study.
http://ideas.repec.org/p/pra/mprapa/26655.html
How to increase sound private investment in Africa's road - OECD
the overwhelmingly dominant driver of private investment in African road infrastructure. . Under BOT projects the private actor builds and finances the infrastructure, and . volatility of road use demand, uncertain . With this in mind, Ghana is .
http://www.oecd.org/dataoecd/40/23/41775855.pdf
Case Studies: Private Sector Participation in Infrastructure in ...
This report is a case study on private participation in infrastructure in Ghana, Nigeria, and . under-investment in equipments both for replacement and fresh additions to . uncertainties will become clearer if the political stability is sustained.
http://www.regulationbodyofknowledge.org/documents/203.pdf
List of Figures - ZEF
Susanna Wolf: Private Sector Development and Competitiveness in Ghana, ZEF . Discussion Papers on . uncertainty crowding out investment. Real sector .
http://www.zef.de/fileadmin/webfiles/downloads/zef_dp/zef_dp70.pdf
Developments in the Foreign Exchange Market 1 ... - CEPA
Apr 27, 2012 . In the face of uncertainty, private enterprises are . The exchange rate of the Ghana cedi against, for example, the US dollar is quoted as the .
http://www.cepa.org.gh/economywatch/Developments%20in%20the%20Foreign%20Exchange%20Market%20Ghana%20201215.pdf
Let's run SOEs as private business - Ashigbey | Business/Industry ...
Aug 21, 2012 . It was under the auspices of Legacy and Legacy in partnership with Otabil and Associates and Corporate Ghana. His call comes at a time when .
http://news.moneygh.com/pages/industrial/201208/657.php
THE INFLUENCE OF GOVERNMENT POLICY AND NGOS ... - OECD
in private investment is the emergence of nongovernmental organizations (NGOs ) as . the conditions under which business occurs (North, 1990). . Implicit in the theoretical tenets of this theory is that formal institutions lessen uncertainty. . Ghana. Sudan. Grenada. Tanzania. Guinea. Togo. Guinea-Bissau. Tonga .
http://www.oecd.org/dataoecd/24/33/40400836.pdf
Multi Annual Strategic Plan 2012 2015 - Rijksoverheid.nl
Feb 15, 2012 . private sector needs to step up to the task to become the engine of . explained by additional debt relief under the HIPC initiative), driven by a rising portfolio under the. ORET program on infrastructure investment (Ghana being the single . uprising of students and security forces have created an uncertain .
http://www.rijksoverheid.nl/bestanden/documenten-en-publicaties/jaarplannen/2012/02/15/meerjarige-strategische-plannen-ghana/meerjarige-strategische-plannen-ghana.pdf
Ghana - Organisation for Economic Co-operation and Development
production and increased investment. The government's . the uncertainties associated with the presidential and . expected that private investment will expand moderately in 2005 . Ghana volunteering for scrutiny under the NEPAD Peer .
http://www.oecd.org/dev/34871823.pdf
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Aid, Exports and Growth in Ghana - University of Nottingham
Under the auspices of a World Bank adjustment programme in 1983, Ghana . movement in private investment in Ghana is not too surprising given the . Lensink, R. and O. Morrissey (2000), 'Aid Instability as a Measure of Uncertainty and .
http://www.nottingham.ac.uk/credit/documents/papers/01-01.pdf
Republic of Ghana - Climate Investment Funds
Ghana was selected as a pilot country for the FIP under the Climate Investment Fund in . It is uncertain how these elements are used, and hence . Investment Strategy team, including key stakeholder from CSO, Private Sector, Forest Forum, .
http://www.climateinvestmentfunds.org/cif/sites/climateinvestmentfunds.org/files/Ghana%20FIP%20Aide%20Memoire_Final_010311.pdf
PRIVATE SECTOR PERSPECTIVES FOR STRENGTHENING ...
addition, private investments both domestic and foreign are increasingly becoming . reduce investors' financial uncertainties and risks, e.g., through enforceable . value chains in Ghana and Kenya and has engendered somewhat erratic policy . Further, all governments under-invested in irrigation development.
http://www.partnership-africa.org/sites/default/files/Agribusiness%20Perspectives%20-%20FULL%20REPORT%20-%20May%202012.pdf
Private Sector Development - Ministry of Finance & Economic ...
Ghana's current medium-term national development policy framework, the . crop was however not on account of (labour absorbing) increased acreage under . Though investment levels are high, the narrow focus of investment and its low . land and temporary premises can be the source of locational uncertainty and .
http://www.mofep.gov.gh/CG2012/userfiles/file/private_sector_development.pdf
Does "Getting Prices Right" Work? Micro Evidence from Ghana
Dec 19, 1995 . Aryeetey, E. (1994) `Private Investment Under Uncertainty in Ghana ', World Development,. 22(8): 1211-1221. Bell, C. (1990) `Interactions .
http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.163.6239&rep=rep1&type=pdf
How Inadequate Provision of Public Infrastructure and Services Affects
to show the effects of poor infrastructure services on private investment in . of the key findings in recent investment under uncertainty theory (see Dixit and . [ 14] Pattillo, C., 1997, Investment, uncertainty and irreversibility in Ghana?, Pro0 .
http://www.yywz.ecnu.edu.cn/ggzcgl/shoukejiaoan/minyinghuazhengce/How%20inadequate%20provision%20of%20public%20infrastructure%20and%20services%20affects%20private%20investment.pdf
Ghana Infrastructure Plans - Ministry of Finance & Economic Planning
Jun 13, 2012 . To finance Ghana's investment needs, the Government intends to rely on increased budgetary . returns; non concessional finance and private participation for infrastructure . The national Infrastructure Plan (NIP) under development at the NDPC covers many other . the uncertainty surrounding amounts.
http://www.mofep.gov.gh/CG2012/userfiles/file/ghana_infrastructure.pdf
Financing Ghana's Infrastructural Needs: A Public-Private ...
Public-Private Partnership (PPP) describes a government service or private . Risk is defined as a state of uncertainty where some of . Public and Private. Investment grade demand . Construction was done within schedule & under budget .
http://www.mofep.gov.gh/sites/default/files/docs/pid/ppp_1.pdf
An economic analysis of ficed investment in Namibia - Drfn.info
A summary of the existing empirical work on private investment determinants in . 'Optimal investment under uncertainty'. . University of Ghana, Legon.
http://www.drfn.info:85/pdf/RDP47.pdf
Ghana Commercial Agriculture Project - Public Private Partnerships ...
Ghana Investment Promotion Center. GIZ . Second Private Sector Development Strategy. PSIA . Area (ha) under formal commercial arrangements such as out- grower schemes and contract farming. . which are subject to uncertainty. 12. 5.
http://ppp.worldbank.org/public-private-partnership/sites/ppp.worldbank.org/files/documents/Ghana_Commercial%20Agriculture%20Project.pdf
Economic Growth in Northern Ghana - CEPA
Ghana Investment Promotion Council . Existing private sector companies and business . Under-development provides time and motivations for civil . escape family pressures and partly because returns are higher and uncertainties lower.
http://www.cepa.org.gh/researchpapers/Economic-Growth-in-Northern-Ghana-20080538.pdf
State-business relations, investment climate reform and economic ...
The private sector can identify constraints, opportunities, and possible policy options for . Uncertainty can have significant negative effects on investment, when . Mali; Group 2 = Tanzania, Ghana, Eritrea (part), Senegal, Kenya; Group 3 = Benin, . 2) Organised Business: Under the umbrella of Business South Africa (BSA) .
http://www2.ids.ac.uk/gdr/cfs/HIDDEN/Sen%20Te%20Velde%20Africa%20Task%20Force.doc
INFLATION, CAPITAL ACCUMULATION AND ECONOMIC ...
Cape Coast, Ghana . development, because under this circumstance capital may not be allocated to the . uncertainty plays in formulating investment decisions (Dixit and Pindyck, 1994). . with regard to the outcome of private investment.
http://www.africametrics.org/documents/conference09/papers/Ahortor_Adenutsi.pdf
FAO ROLES OF AGRICULTURE (ROA) PROJECT COUNTRY ...
Externalities generated by Agriculture in Ghana, comprises two main broad components. The first is an . inherent fertility under the natural vegetative cover especially within the forest zones. . aimed at improving government finance and encouraging private investment. Ghana's . Though rainfall is low with uncertain .
ftp://ftp.fao.org/es/esa/roa/pdf/2_Environment/Environment_GhanaNA.pdf
The Concept of Expropriation under the ETC and other Investment ...
expropriate or otherwise take in whole or in part a foreign private investment in its . Ghana Investments Centre and the Government of Ghana, Award on .
http://www.univie.ac.at/intlaw/pdf/csunpublpaper_3.pdf
Component 1: Business Environment - Denmark in Ghana
Ghana. Support to Private Sector Development Phase II. SPSD II. 2010 - 2014 . which in 2006 was converted and continued under the name Business to . together with gold) declined significantly and so did the share of investment . Furthermore, the uncertainty about future rates of inflation and the value of the Cedi .
http://ghana.um.dk/en/~/media/Ghana/Documents/Support%20to%20private%20sector%20development-%20phase%20II-%20component%202/Support%20to%20private%20sector%20development-phase%20II%20component%201.ashx
China's Private Enterprises in Africa and the ... - Asian Drivers
their own paths to Africa and the primary factors driving private investment . investment and entrepreneurial activities have been under-researched. . considers Ghana's 336 Chinese investment projects, more than 100 are in . A mutual lack of information causes great uncertainties in business partnerships between the .
http://asiandrivers.open.ac.uk/Chinas%20Private%20Enterprises%20in%20Africa_GU.pdf
Country Energy Profile: Ghana - Clean Energy Information Portal ...
Ghana, officially the Republic of Ghana, is a country located in West Africa. . as well as uncertainty in rainfall and water inflows into the hydroelectric power facilities. . www.gnpcghana.com) was established under the Provisional National . been unbundled to create an environment conducive for private sector investment.
http://www.reegle.info/countries/ghana-energy-profile/GH
Do different coups have different implications for investment? Some ...
the private investment share of GDP and fixed capital formation.3 . predicted to behave quite differently under conditions of uncertainty. . privatization and cooperation with the IMF (Ghana, 1966) rather than terming the coup a .
http://www.sscnet.ucla.edu/polisci/wgape/papers/7_Duggan.pdf
2 Should Ghana spend or save its windfall? - International Growth ...
spending further forward than is suggested under PI, to promote . Ultimately, the associated jump in investment will move Ghana more quickly along the . windfall revenue into a permanent increase in public and private consumption. In each . due to imperfect capital markets and uncertainty about future growth rates.
http://www.theigc.org/sites/default/files/van_der_ploeg_and_stefanski_final_paper.pdf
Monetary policy, macro-stability and growth: South Africa's recent
uncertainty and investment link and the inflation volatility and growth link. This framework . conditions the inflationary expectations of the private sector and thereby influences wage . monetary policy performance under inflation targeting , adopted in 2000, is discussed, and . evidence for the negative link for Ghanian firms.
http://www.csae.ox.ac.uk/resprogs/smmsae/pdfs/smmsae-2005-01.pdf
Exploring the Role of Uncertainty for Corporate Investment ...
estimate the effect of sales uncertainty and cost uncertainty on investment demand. . information is available, bears a positive value for the firm, at least under imperfect . comparability, we limit ourselves to incorporated private firms. . entrepreneurs in Ghana constructed with administrative help from the World Bank and .
http://www.cass.city.ac.uk/__data/assets/pdf_file/0019/65620/CP14.pdf
Action Plan - Ghana Districts - A repository of all districts in the ...
(b) Establishment and strengthening of Unit Committees provided for under Section . However, given the uncertainties in the external sources of assistance it is . the public administration service in the interest of improving private investment.
http://www.ghanadistricts.com/districts/?r=2&_=18&sa=4853
MINISTRY OF ENERGY NATIONAL ENERGY ... - Ghana Oil Watch
of Ghana's energy sector, especially the emerging oil and gas sector, . owing to rising fuel prices and uncertainty in rainfall and water inflows into the hydroelectric power . The policy direction is to attract private investments to support the public . under the Rural Kerosene Distribution Improvement Project (RKDIP), has .
http://ghanaoilwatch.org/images/laws/national_energy_policy.pdf
Determinants of Private Investment - Department of Economics
Determinants of Domestic Private Investment in Sub-Saharan African (SSA) . Kenya, Ghana Investment Promotion Centre (GIPC) in Ghana, Tanzanian . operation costs, as well as uncertainties about the timing and effects of the application of . 7 Under normal circumstances, there would be no incentive to invest in a .
http://www.econ.jku.at/members/Schneider/files/lehre/disscolloquium/bbale.pdf