ANALYZING DETERMINANTS OF PORTFOLIO FLOWS TO GHANA: A COMPREHENSIVE STUDY

Authors

  • Boahinmaa Kwakye Department of Economics, University of Cape Coast, Cape Coast, Ghana

Keywords:

Portfolio Flows, Emerging Markets, Capital Markets

Abstract

Understanding the determinants of portfolio flows is crucial for policymakers and investors alike, especially in emerging markets like Ghana. This study provides a comprehensive analysis of the factors influencing portfolio flows to Ghana, drawing on empirical data and econometric techniques. By examining a wide range of variables such as economic indicators, financial market conditions, and external factors, we identify key drivers of portfolio investment in Ghana. Our findings contribute to a deeper understanding of the dynamics shaping capital flows to the country and offer valuable insights for policymakers seeking to attract and retain foreign investment.

Downloads

Download data is not yet available.

References

Ackerberg, D.A., 2000. Importance sampling and the method of simulated moments. http://cowles.econ.yale.edu/conferences/sdm/ackerberg-01-3.pdf.

Agenor, P. and P.J. Montiel, 1999. Development Macroeconomics. 2nd Edn., Princeton University Press, Princeton, New Jersey, ISBN: 0-691-00677-6.

Alfaro, L., S. Kalemli-Ozcan and V. Volosovych, 2005. Capital Flows in a Globalized World: The Role of Policies and Institutions. National Bureau of Economic Research, Cambridge.

Bawumia, M., 2005. Aid, Debt Management, Macroeconomic Stability and Medium Term Growth. In: Macroeconomic Stability, Aryeetey, E. and R.S. Kanbur (Eds.). Growth and Poverty Reduction in Ghana. ISSER. Legon, ISBN: 9964-75-046-3.

Montiel, B.P. and S. Sharma, 1997. Private Capital Flows to Sub-Saharan Africa: An Overview of Trends and Determinants. In: External Finance for Low Income Countries. Iqbal, Z. and R. Kanbur, (Eds.). International Monetary Fund, Washington DC, ISBN: 1557756732.

Bohn, H. and L.L. Tesar, 1996. U.S. equity investment in foreign markets: Portfolio rebalancing or return-chasing? Am. Econ. Rev., 86: 77-81.

Calvo, G.A. and C. Reinhart, 1998. The consequences and management of capital inflows: Lessons for Sub-Saharan Africa. Expert Group on Development Issues. http://www.egdi.gov.se/pdf/19982pdf/19982pdf.

Calvo, G.A., L. Leiderman and C.M. Reinhard, 1994. The capital inflows problem: Concepts and issues. Contemporary Econ. Policy, 12: 54-66.

Calvo, G.A., L. Leiderman and C.M. Reinhart, 1996. Inflows of capital to developing countries in the 1990s. J. Econ. Perspectives, 10: 123-139.

Calvo, G.A., L. Leiderman and C.M. Reinhart, 1993. Capital inflows and the real exchange rate appreciation in Latin America: The role of external factors. IMF Staff Papers, 40: 108-151.

Chuhan, P., S. Claessens and N. Mamingi, 1998. Equity and bond flows to Latin America and Asia: The role of global and country factors. J. Dev. Econ., 55: 439-463.

Downloads

Published

2013-11-06

How to Cite

Boahinmaa Kwakye. (2013). ANALYZING DETERMINANTS OF PORTFOLIO FLOWS TO GHANA: A COMPREHENSIVE STUDY. Journal of Applied Science and Social Science, 3(03), 01–07. Retrieved from https://www.internationaljournal.co.in/index.php/jasass/article/view/93