The policy reforms referred to in results a h and additional results i l are expected to have
important impacts on the economic development of Ghana.  Since several of these results are
also milestones in the performance contract, the monitoring activities reported in Section III of
this report will also contribute toward documentation of achievement of the results for Task
One. In addition, the following indicators will be used to measure the impacts of the reforms:
an increased rate of economic growth, i.e., increased rate of growth in per capita GDP,
increased exports of traditional and nontraditional products, increased food production (crops
and livestock), increased industrial production, increased tourism, fewer business hassles,
increased labor productivity, and greater land tenure security for modern agricultural and
industrial enterprises..
2. Monitoring Results for Policy and Regulatory Reform Activities
A substantial amount of data is required to adequately monitor and determine the impacts of
reforms in the policies and regulatory activities of t he Ghanaian public sector.  For this
purpose, and when available, official data published by Government of Ghana will be used. 
Data from the most recent years will be collected to form the baseline from which changes will
be determined and to measure progress toward achieving the goals of Vision 2020.  A
database will be designed and the baseline as well as current data will be entered into the
database to facilitate monitoring and analyses of the impacts of policy and regulatory reforms
on the economy of Ghana.  General indicators of t he quantitative data to be collected and their
sources are listed in Table 1.  Baseline information for specific indicators is given in Appendix
IV; agricultural data are reported in Appendix VI.
Table 1. DATA REQUIRED FOR MONITORING POLICY REFORM IN GHANA
Indicator
Source
GDP & GDP per capita
Budget Statement, MOF Research Dept.
Exports (vols. & values by commodity)
GEPC for NTE; CEPS
Imports (vols. & values by commodity)
CEPS (A2 form)
Tariff Schedule
CEPS
Agricultural Production
MOFA
Forestry, timber, reforestation etc.
TEDB, FPIB
Industrial Production
MOTI, (VRA, CGE)
Infrastructure development
Capital budget, ECG, PIP
Privatization
Divestiture Implementation Committee (DIC)
Tourism (numbers, revenue)
Ghana Tourist Board
Employment/unemployment
SSNIT (formal); GLSS, CWIQ
Wages, wage rates; fringes (formal sector)
SSNIT, PIB, GLSS, CWIQ
3. Linkages of Indicators and Expected Results
An increased rate of economic growth is an overall objective of TIRP and other USAID funded projects
in Ghana.  Growth in GDP and GDP per capita are basic indicators of economic growth, especially GDP
22






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