A book on central banking in Ghana has been officially launched in Accra.
The book which was authored by Ivor Agyeman-Duah is titled “Central Banking in Ghana and the Governors (Institutional Growth and Economic Development)”.
It focuses on the central banking in Ghana, the key roles played by successive governors towards the achievement of the bank’s objects and long-term sustainability, and ultimately the economic development of Ghana.
Speaking at the launch of the book in Accra on Saturday (24 June), deputy governor of the Bank of Ghana, Dr Maxwell Opoku-Afari said the book will help fill the gap in the body of knowledge on the economic thinking of the various governors that have transitioned through the Bank.
“Undoubtedly, I believe this book will enhance public understanding on the workings of the central bank, particularly, the much-debated concept of the institutional operational independence and accountability of central banks.”
“This book will serve as a useful resource for central bankers, academics and students of economics in and outside Ghana. So, I highly recommend Central Banking in Ghana and the Governors (Institutional Growth and Economic Development) to everyone,” he said.
On his part, Ivor Agyeman-Duah commended the governor of BoG, Dr Ernest Addison, for his immense role in contributing to the writing of the book.
“Governor Addison’s approval of an independent history of the bank made things easier for the cooperation of former governors and their families- those who shared their papers or family memoirs out of which new perspectives emerged. Some of them, board members of the bank, former and some senior management staff.
“I will however like to single out The Secretary of the Bank, Madam Sandra Thompson not so much because we worked with her Department as her personal interest in history, and its preservation. It was very critical to this work,” Agyeman-Duah said.
The event was graced by a host of dignitaries including former president John Agyekum Kufuor, Baroness Valerie Amos, Master, University College of Oxford and former Lord President of the House of Lords, UK, Dr Hippolyte Fofack, chief economist, Afreximbank and Prof Ernest Aryeetey, the secretary-general of the African Research Universities Alliance (ARUA) and a former vice-chancellor of the University of Ghana.
Reporting by Fred Dzakpata in Accra
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