Question

The role of international organisation in the economy policy in Ghana.

Answer 1

International organisations play a critical role in economic policy in Ghana. These roles are illustrated as follows-

A. These International organisation will be helping the Ghana in form of various kinds of subsidized loan which will be helpful in development of economy because Ghana is an underdeveloped economy.

B. These International organisations will also be important in order to invest into the economy of Ghana through foreign direct investment and help in increasing the foreign reserves of the country.

C. These International organisations are also important because various of The Financial institutions are always opening their branches in underdeveloped economy because they think that there is a chances of development so they can open their branches in Ghana and affect the economic policies.

Various foreign banks can open the branches in Ghana.

D. These International organisation can also be impacting the economic policy through interfering into the currency Markets and when currency of Ghana is traded against other countries they will be impacting the value of Ghanian currency.

E. These International organisation will also be helpful in providing liquidity into the entire system and they will be trying to impact the demand and supply of the economy.

F. These International organisation will also be impacting the import and export out of the economy and it will help the overall economy by impactingimpacting balance of payments.