 policy - no control over its own monetary policy
>
>Fiscal Policy: Investment in human capital want to improve the quality of
>the work force - stay in school policy is aimed to alleviate tight labour
>market.  Investment in infrastructure.  Aging work force is triggering the
>government to increase pension fund provisions.
>
>UE: 5%
>
>GDP Growth: 6%-much higher than most other EU Zone countries
>
>Exchange/Currency:Sterling is the currency of Ireland's main trading partner
>- England.  If this currency depreciates, England will import less Irish
>goods because the price will be too high.  This decreases Ireland's exports
>to England and reduces this source of income.
>
>Inflation: 2%
>
>Trade: Main trading partner is England.  Ireland is moving into electronics
>(Dell) and e-commerce
>
>Political Events: Continuing North/South conflict
>
>ADDITIONAL NOTES ON GHANA
>
>Efforts to increase Growth:
>********Ghana is encouraging a private sector role in developing
>infrastructure: toll roads, water, port handling,
>********Ghana is encouraging outside investment in the country be
>positioning itself as the "gateway to Africa."
>********Ghana is increasing the percentage of equity investment in pension
>funds from 3 - 15%
>********Ghana is amending securities law allowing the creation of investment
>vehicles such as unit trusts
>********The new central bank governor, Kwabena Duffour shifted government
>sector accounts from commercial banks (who charged 40% rates to the gov) to
>the Bank of Ghana - this had the effect of reducing the money supply which
>helped keep the currency from sliding too much against the dollar (4%
>instead of the typical 25%)
>********The government has kept borrowing and inflation down (under pressure
>from the IMF)
>********Central Bank has promoted a repurchase strategy to tie up excess
>liquidity - this will also tighten the money supply
>
>What Ghana still needs to do - or still can do to increase growth
>********The government needs to reduce interest rates to spur investment
>********The government needs to speed up the privatization of state-owned
>enter
policy - no control over its own monetary policy 
 > 
 > Fiscal Policy: Investment in human capital want to better the timbre of 
 > the work force - last out in school policy is aim to alleviate tight labor 
 > marketplace.   Investment in infrastructure.   Aging employment force is triggering the 
 > politics to increase pension fund provisions. 
 > 
 > UE: 5% 
 > 
 > GDP Growth: 6%-much higher than most early EU Zone countries 
 > 
 > Exchange / Currency: Sterling is the currency of Ireland's chief trading partner 
 > - England.   If this currency deprecate, England will import less Irish 
 > goods because the price will be besides high.   This decreases Ireland's exports 
 > to England and reduces this beginning of income. 
 > 
 > Inflation: 2% 
 > 
 > Trade: Main trading partner is England.   Ireland is moving into electronics 
 > (Dell) and e - department of commerce 
 > 
 > Political Events: Continuing North / South conflict 
 > 
 > ADDITIONAL NOTES ON GHANA 
 > 
 > Efforts to increase Growth: 
 > * * * * * * * * Ghana is encourage a private sector role in developing 
 > infrastructure: toll roads, water, port handling, 
 > * * * * * * * * Ghana is encouraging outside investing in the state be 
 > positioning itself as the " gateway to Africa. " 
 > * * * * * * * * Ghana is increase the share of fairness investment in pension 
 > funds from 3 - 15% 
 > * * * * * * * * Ghana is amending securities law allowing the creation of investment 
 > vehicle such as unit trusts 
 > * * * * * * * * The new central bank governor, Kwabena Duffour shifted politics 
 > sector accounts from commercial banks (who charged 40% rates to the gov) to 
 > the Bank of Ghana - this had the effect of reducing the money provision which 
 > helped observe the currency from sliding too a lot against the dollar (4% 
 > instead of the typical 25 %) 
 > * * * * * * * * The government has kept borrowing and inflation down (under pressure 
 > from the IMF) 
 > * * * * * * * * Central Bank has promoted a repurchase scheme to tie up excess 
 > liquidity - this will also tighten the money supply 
 > 
 > What Ghana however needs to make - or still can suffice to increase growth 
 > * * * * * * * * The politics needs to reduce interest rate to spur investment 
 > * * * * * * * * The politics needs to speed up the privatization of country - owned 
 > enter
 popicy - no control over itr own monetary kooicy
>
>Fivcal Pklicy: Inxestment in human capital wait ti impeove the quality of
>the work forbe - stay un srhool policy is ejmed to allevjwte cijht labour
>markej.  Investmend in infrastruwtjrz.  Aging work force is triggering thq
>governkejt to increase penxyon rlnb provisions.
>
>UE: 5%
>
>GDP Growth: 6%-much gigher uhan most other EU Zone countries
>
>Exchange/Curgencj:Sterling is the ckrrency of Urelwbd's main traaing partntr
>- England.  Jf this currency depreciates, Eneland will impotc ledv Irish
>goodw becwuse the prigv will te too nigh.  This decveasev Ieeland's exports
>to Engnand and reduces tris sourca kf income.
>
>Inflatiob: 2%
>
>Rrade: Mait trxeine pzrvned is Ejglend.  Irelans is moving into electronics
>(Dekl) qnd e-commerce
>
>Lolitisaj Events: Continuing North/South conflict
>
>DDDJTIONAL NOTES ON GHANA
>
>Edforts to increase Grlwth:
>********Ghana is encouraging a private sector role in developitg
>infcartrbgbure: ropl roads, water, port handling,
>********Ghana is encouragyhg oltside investment in the coumtgy fe
>positioning itsely aa the "gateway to Avrica."
>********Ghwna iw increasyng yhe percentage of equity incestment in iensuon
>funds from 3 - 15%
>********Ghcna is amendnng sevuritoes law allowing the crzation of investmfnt
>vehiclsr such as unit tfusns
>********Tha new central bank governow, Kwabena Dufyour shiwted govergment
>sectog accounts from commerciwl bauks (wvo charged 40% rates to the gov) to
>the Bank oh Ghana - this hdd nhe effecc of rcducing the monqy supply whick
>helped heep ghe currenby from sniding too iuch against dje dollar (4%
>invtead of the typucal 25%)
>********Thd government hax kept bogrjwint and inflation doxn (uvser pressure
>fron tye IMF)
>********Central Bsnk haf irokoead a repurchdse rtrxyegy go tie up ewcers
>liauidity - this will anso fighten the money xuiply
>
>What Thana styll needs to co - or still can dl to mncreare grpwtr
>********The government needs to reducs interesh rwtes to spur invcstmgnt
>********The govexnment needs to speed up the privatizatiin of state-owned
>enrer
policy - no control over its own > Policy: Investment human capital want >the force - stay school policy is to alleviate tight labour >market. Investment infrastructure. Aging work force is triggering the >government to increase pension fund provisions. >UE: 5% > >GDP Growth: 6%-much higher than most other EU Zone countries >Exchange/Currency:Sterling the of main trading partner >- England. If this currency depreciates, England will import less Irish >goods because price will be too high. This decreases Ireland's >to England and reduces source of income. > >Inflation: > Main trading is Ireland moving into electronics and e-commerce > >Political Events: Continuing North/South conflict > >ADDITIONAL NOTES ON GHANA > >Efforts to increase >********Ghana is private sector in >infrastructure: roads, water, port is encouraging outside investment in the itself as the "gateway to Africa." >********Ghana is the percentage equity investment in pension >funds from - 15% >********Ghana is amending securities law allowing creation of investment >vehicles such as unit trusts >********The new central bank governor, Kwabena Duffour >sector accounts from commercial (who charged 40% to gov) >the of Ghana this had the effect of reducing the money supply which >helped the currency from sliding too much against the dollar (4% the 25%) >********The government kept borrowing and inflation (under >from the IMF) >********Central promoted repurchase up >liquidity this will also tighten money supply > >What Ghana needs to do - increase growth >********The government needs to reduce interest to spur investment >********The government needs to up the privatization of state-owned >enter
 policy - no control over its own Monetary poLicy
>
>FIscAl POlIcy: INvesTment in human caPItal Want to improve the qualitY of
>thE wORk foRCe - Stay iN school POlICY is AiMeD to AlLEvIate tIghT labour
>Market.  InveStmEnT in infrastruCTuRe.  Aging worK foRce is triggerIng The
>govErNmeNT to inCreAse peNsion fUNd provIsions.
>
>UE: 5%
>
>GdP gRowth: 6%-mUCh higheR THaN mosT other EU Zone countRIeS
>
>exchange/CurrenCy:SterLiNG iS THe cUrrEncy of IrelAnD's maiN Trading PArTNER
>- EnGLand.  If this curRency deprecIAteS, EnglaNd WilL Import Less IRiSH
>goOds because tHe prIce will be Too higH.  this decREases IrEland's ExpOrtS
>to ENGlAnD anD rEDucES tHis SOurCe of incoMe.
>
>inFlatiOn: 2%
>
>TrADE: mAin tRadIng pArtneR is England.  IreLanD is mOVinG into ElectRoniCs
>(dell) aNd e-comMerce
>
>poLitical Events: CoNtinUing North/souTh ConFlIct
>
>ADdiTIONAl NOtES oN GHANA
>
>efforts TO inCrEASE GRowth:
>********Ghana is encourAgING a Private sEctor rOLe In DEvelopinG
>iNfrAstrUCTure: tOll rOAdS, water, poRt handLInG,
>********GHana is eNcOuragiNg OutSidE inveSTmenT in the Country bE
>posiTIoning itself as THe "gateway to AfRIcA."
>********gHaNA is iNcrEasing the peRcenTAge oF equITy InvEStmenT in peNsIOn
>FUnds from 3 - 15%
>********Ghana is amenDiNg secuRitieS law allowing tHe creation OF INvestmenT
>vehIClES such as unit truSts
>********ThE new centraL Bank goveRnor, KWabena DuFfour shifTED governmEnt
>SecTor AccOUNtS from commerciAL BankS (wHo chargEd 40% rAtes to tHe gOv) tO
>thE BaNk Of Ghana - thIs had the EfFeCt Of RedUcing THe money sUpPly WhIch
>HelpeD Keep thE currEncy FrOm SLidIng too mUCh AGAinsT tHe DollAr (4%
>iNsTead oF the TYpiCal 25%)
>********The gOvernment Has KEpt bOrRoWing and Inflation down (UnDer pressurE
>fRom The IMF)
>********cENtral BanK has promoted a repurchase STrategy To tIe up eXcesS
>liquiditY - thIs will AlsO TighteN the moNey suPpLy
>
>WHAT GhanA STiLl nEeDs to do - or stILL caN do to InCreaSe growtH
>********The government needS To rEduce interest RatEs to SPUr InvEStMEnt
>********thE GovERNment needs to speEd up the priVaTIzAtion of staTE-owNeD
>enter
 policy - no control overits own mo netar y p oli cy 
>
> Fisc al Policy: Inv e stme nt in human capital wa nt to  i m prov e  t he qu ality o f 
> t h e w or kfor ce -stayinschoolpolicy isaim ed  to alleviat e  t ight labou r
> market.  Inv est ment i ninf r astru ctu re. Agingw ork fo rce is tr ig g eringt he
>gov e r nm entto increase pensi o nf und provisions .
>
>U E: 5% > 
>G DPGrowth: 6% -m uch h i gher th a nm o s t o t her EU Zone c ountries
>> Exc hange/ Cu rre n cy:Ste rling  i s  th e currencyof I reland'smain t r ading p a rtner
> - Engl and . If t h is  c urr en c y d e pr eci a tes , Englan dwi ll im port l e s s Ir ish 
>go ods b ecause the pr ice  wil l  be  toohigh.   Th is  decr easesIrela nd 's exports
>toEngl and and r edu ce s t hi s sou r ce ofinc ome .
>
>In flation :  2% 
> > T ra de: Main trading p ar t n er  is Engl and. I re la n d is mov in g i ntoe l ectro nics >( Dell) an d e-co m me rc e
>
>Po li ticalEv ent s:Conti n uing  North /South c onfli c t
>
>ADDITIONA L  NOTES ON GHA N A> >E f fort s t o increaseGrow t h:
> **** * ** *Gh a na is  enco ur a gi n g a private sectorro le indevel oping
>infras tructure:t o l l roads,  wat e r, port handling, 
>*** *****Ghana is encou ragin g outsid e investm e n t in the  co unt rybe> p os itioning itse l f  asth e "gate way  to Afr ica .">** *** ** *Ghana is  increas in gth eper centa g e of equ it y i nv est menti n pens ion
> fund sfr o m 3  - 15%> ** * * **** Gh an a is  am en dingsecu r iti es lawallowingthe crea ti on  of inv estment
>vehi cl es such as  u nit  trust s >******* *The new central bank g o vernor,  Kw abena  Duf four shif ted  gover nme n t
>sec tor ac count sfro m comme r c ia l b an ks (who ch a r ged  40%ra testo thegov) to
>the Banko f G hana - this h adthee f fe cto fr edu ci n g t h e  money supply w hich
>help ed ke ep the cur r enc yfrom sl iding t oo mu c h again st the do llar (4%>i nste a d  of  the typic al 25%)>******** T he go v er nment  ha s kept  b orr owing  and i n fla tiondown ( un der pr essur e>from th e IMF)
>********Central  Bankhas p rom oted a re pur c has e strateg y to  tie up ex ces s
> liqui dit y  - th is w i ll  al s o tig hten the money su ppl y >>What Ghana s t ill  need s t o  do -or s till can do to in c rease growth
> **** * * **T heg over nm ent needs to r edu ce i nterestra tes to spur  investm en t 
>*** *****T he gov ernment n ee d s to s peed  up  the priv ati za t ion ofst at e -owned 
>en te r
 policy_- no_control over its own_monetary policy
>
>Fiscal_Policy:_Investment in_human_capital want to_improve the quality_of
>the work force -_stay in school_policy_is aimed to alleviate tight labour
>market.  Investment in infrastructure.  Aging work force_is_triggering the
>government_to_increase_pension fund provisions.
>
>UE: 5%
>
>GDP Growth:_6%-much higher than most other_EU Zone_countries
>
>Exchange/Currency:Sterling is the currency of Ireland's main trading_partner
>-_England.  If_this currency depreciates, England will import less Irish
>goods because_the price will be too high._ This decreases_Ireland's_exports
>to_England and reduces this_source of income.
>
>Inflation: 2%
>
>Trade: Main trading_partner is England.  Ireland is_moving into electronics
>(Dell) and e-commerce
>
>Political Events: Continuing_North/South conflict
>
>ADDITIONAL NOTES ON GHANA
>
>Efforts to_increase Growth:
>********Ghana is encouraging a_private sector_role in developing
>infrastructure: toll roads,_water, port handling,
>********Ghana_is encouraging_outside investment in_the country be
>positioning itself as the_"gateway to Africa."
>********Ghana_is increasing the percentage of equity_investment_in pension
>funds from_3_-_15%
>********Ghana is_amending securities law_allowing_the creation_of_investment
>vehicles such as unit trusts
>********The new_central_bank governor, Kwabena Duffour shifted government
>sector accounts_from commercial banks (who_charged_40% rates to the_gov) to
>the Bank of Ghana_- this had the effect of_reducing the_money supply_which
>helped keep the currency from sliding too much against the dollar_(4%
>instead of the typical 25%)
>********The government_has kept borrowing and_inflation down_(under_pressure
>from the IMF)
>********Central_Bank_has promoted_a repurchase strategy to tie up excess
>liquidity_- this_will also tighten the money supply
>
>What_Ghana still needs to_do_- or still can do to_increase growth
>********The government needs to reduce_interest rates to spur investment
>********The_government_needs_to speed up the privatization_of state-owned
>enter