Economic Reforms in Ghana and India Compared: Rationale, Results and Challenges

Economic Reforms in Ghana and India Compared: Rationale, Results and Challenges
Thursday, 17 April 2014 Add to Calendar 2014-04-17 05:30:00 2014-04-17 07:00:00 Asia/Kolkata Economic Reforms in Ghana and India Compared: Rationale, Results and Challenges The Centre for Policy Research is hosting a talk by Dr. Albert D. Laryea, University of Ghana On 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 Abstract: 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. Speaker’s Biography: 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.
5:30 am to 7:00 am

The Centre for Policy Research is hosting a talk by

Dr. Albert D. Laryea, University of Ghana

On

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

Abstract:

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.

Speaker’s Biography:

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.


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