On the launch of Ivor Agyeman-Duah’s complete e book on the Financial institution of Ghana, titled “Central Banking in Ghana and the Governors – Institutional Progress and Financial Growth,” Professor Ernest Aryeetey, the Secretary Normal of the African Analysis Universities Alliance and former Vice Chancellor of the College of Ghana, praised the Financial institution’s operational mechanism, stating that it surpasses most public establishments.
Prof. Aryeetey highlighted the numerous enchancment within the Financial institution’s analysis output for each educational and public coverage functions in comparison with the structural adjustment period of the Nineteen Eighties.
He attributed this progress to the Financial institution’s funding in constructing a high-quality human capability over the previous three a long time.
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Praising the Financial institution’s present management, he expressed his satisfaction with their endeavors. The Financial institution’s present management and what they’re engaged in, Prof. Aryeetey stated, “may be very pleasing.”
The e book launch, organized in Accra over the weekend by the London Faculty of Economics Alumni Affiliation and attended by the Financial institution of Ghana’s management, marked a milestone in capturing the Financial institution’s historical past and contributions.
The 553-page e book, printed by Hawkes Design and Publishing in the UK with a Ghana version by Digibooks, has garnered reward for its intensive protection and content material.
Professor Aryeetey, identified for his intensive work on the Ghanaian economic system, known as for the Financial institution to leverage its operational independence to interact different stakeholders in addressing pertinent points that stay unresolved.
He particularly talked about the imbalance of deposits and lending charges, which have an effect on not solely the manufacturing sector but in addition agriculture, small-scale companies, and people, hindering desired progress.
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Mr. Kwame Pianim, one other outstanding Ghanaian economist, described the e book as “felicitous and voluminous, holding consideration and going past the strange.” He recommended the creator, Ivor Agyeman-Duah, for his eclectic and broad skilled background, evident all through the narrative.
Baroness Valerie Amos, the Girl Companion of the Garter of the UK and the present Grasp of the College School of Oxford, collectively launched the e book with Mr. Agyeman-Duah.
She emphasised the significance of Africa collaborating in world conversations with a unified voice, highlighting the necessity to form the altering world monetary structure to learn the continent.
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Dr. Maxwell Opoku-Afari, the First Deputy Governor of the Financial institution of Ghana, acknowledged the e book as a mirrored image of the work of all of the Financial institution’s Governors since its institution.
He acknowledged that interpretations could differ primarily based on the reader’s financial philosophy or ideology.
Dr. Opoku-Afari anticipated constructive public discourse on the e book’s contents, serving as a beneficial useful resource for central bankers, economists, teachers, and college students of economics.
In concluding the launch, the creator, Ivor Agyeman-Duah, emphasised that the e book was independently written, acknowledging that not all interpretations could align with the Financial institution of Ghana’s views.
He welcomed constructive critique and commentary from economists, teachers, and different reviewers, aiming to stimulate mental discussions surrounding the e book.
The launch of “Central Banking in Ghana and the Governors” celebrated the Financial institution of Ghana’s 65-year historical past whereas offering insights into its accomplishments, challenges, and potential areas of enchancment.