The Centre for Policy Research is hosting a talk by
Dr. Albert D. Laryea, University of Ghana
Economic Reforms in Ghana and India Compared: Rationale, Results and Challenges
Date: Thursday, 17 April 2014
Time: 11:00 am - 12:30 pm
Venue: Conference Hall, Centre for Policy Research, Dharma Marg, Chanakyapuri, New Delhi – 110021
In 1983 Ghana under the pressure of a severe depression, high inflation and high budget deficits embarked upon wide-ranging economic reforms. In 1991 India found herself with serious balance of payments crisis, high inflation and high budget deficits and also embarked on reforms. Two basic sets of measures were taken in both countries. These consisted of macroeconomic measures aimed at stabilising the economies and structural reforms aimed at getting the economies to operate more efficiently. The two countries are however very different in size, history and structure which means they face different challenges in instituting these reforms. Since the reforms are quite similar the study focuses on how they play out in these two very different situations and the challenges faced by the two countries.
Dr. Laryea is currently visiting the Centre for Policy Research. He is Senior Lecturer and Coordinator, Economic Policy Management Programme, Department of Economics, University of Ghana. He received his PhD from Clark University, USA.