Evaluating the Bank of Ghana’s mandate today through the lens of monetary financing reveals a clear alignment with its core ...

Budget 2026: When a government needs to spend more than it earns, it turns to deficit financing. To cover this gap, it typically raises money by borrowing from the public through bonds or by printing ...

Back in the summer of 2004, Nouriel Roubini and I published a paper arguing that large trade deficits implied a deteriorating US net international investment position and a deteriorating “income” ...