No Longer Poor: Ghana’s New Income Status and Implications of Graduation from IDA

21 Pages Posted: 10 Jul 2012

See all articles by Todd J. Moss

Todd J. Moss

Center for Global Development

Stephanie Majerowicz

affiliation not provided to SSRN

Date Written: July 9, 2012

Abstract

Ghana’s largest and most important creditor for the past three decades has been the International Development Association (IDA), the soft loan window of the World Bank. That will soon come to an end. The combination of Ghana’s rapid economic growth and the recent GDP rebasing exercise means that Ghana suddenly finds itself above the income limit for IDA eligibility. Formal graduation is imminent and comes with significant implications for access to concessional finance, debt, and relations with other creditors. This paper considers the specific questions related to Ghana’s relationship with the World Bank, as well as the broader questions about the country’s new middle-income status.

JEL Classification: E01, E65, H50, 011

Suggested Citation

Moss, Todd J. and Majerowicz, Stephanie, No Longer Poor: Ghana’s New Income Status and Implications of Graduation from IDA (July 9, 2012). Center for Global Development Working Paper No. 300, Available at SSRN: https://ssrn.com/abstract=2102796 or http://dx.doi.org/10.2139/ssrn.2102796

Todd J. Moss (Contact Author)

Center for Global Development ( email )

2055 L St. NW
5th floor
Washington, DC 20036
United States

HOME PAGE: http://www.cgdev.org

Stephanie Majerowicz

affiliation not provided to SSRN ( email )

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
177
Abstract Views
1,026
rank
189,063
PlumX Metrics