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                <text>Is microfinance really helping the most vulnerable? An empirical test of the effectiveness of the Ghana’s Microfinance Policy Reform</text>
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Luis Serrano-Diaz, Gyimah Sackey, Frank</text>
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                <text>The study aims to test the effectiveness of the Ghana Microfinance Policy of 2006 set up to support women and youth through access to credit. Our results show that, after controlling for a large number of variables, female and young entrepreneurs are less likely to be rationed in the access to microcredit and that this is largely determined by the differential treatment that they receive from microfinance institutions. Our analysis using regression decomposition techniques indicates that positive discrimination in favour of women and youth exists. Surprisingly, our results show that government microfinance policy accounts for the most severe rationing behaviour towards the targeted groups by the law.&#13;
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                <text>Is rationing in the microfinance sector determined by the microfinance type? Evidence from Ghana</text>
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                <text>This study sets out to examine the extent to which access to credit and credit rationing are influenced by the microfinance type based on the major factors determining micro, small and medium enterprises' access to credit from microfinance institutions in the era of financial liberalization. The data for the study were gleaned from fourteen microfinance institutions' credit and loan records consisting of borrowers and credit characteristics. Our results are puzzling and show that credit rationing is not influenced by the microfinance types but by the individual microfinance institutions.</text>
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                <text>Purpose&#13;
The purpose of this paper is to examine if credit rationing persists even in the era of financial liberalization, the extent to which individual, firm and loan characteristics influence the rationing behavior of commercial banks and whether the agricultural sector is discriminated against in the commercial bank credit market.&#13;
Design/methodology/approach&#13;
The study employed a probit model with marginal effects and a generalized Blinder-Oaxaca decomposition estimation on a randomly selected data of 1,239 entrepreneurs from eight commercial banks’ credit records about their individual, firm and loan characteristics.&#13;
Findings&#13;
The study revealed that credit rationing persists and that applying for a relatively longer payment period, providing collateral and guarantor, being illiterate, being relatively older and being in the agricultural sector increases the likelihood of being credit rationed, while having some relationship …</text>
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                <text>Is Tourism a Saviour for Ghana’s Economic Challenges? An Exploration of Demand-Side Solutions. Page 1 Is Tourism a Saviour for Ghana’s Economic Challenges? An Exploration of Demand-Side Solutions. Dr. Esi Akyere Mensah Ghana Communication Technology University (emensah2@gctu.edu.gh) 19thDec 2022 Page 2 Outline The Crisis Generating Demand Demand Side-Solutions &amp; Recommendations Photo Credit- YAW PARE PHOTOGRAPHY &amp; KWAME POCHO Page 3 Premise Tourism is a long-term solution to Ghana’s economic crisis. In what ways can we leverage tourism as a sustainable solution from a demand perspective? Page 4 The Crisis… There is no question that we have been and are in an economic crisis… Page 5 The Crisis… There is no question that we have been and are in an economic crisis… • a) Globally and locally; lack of fiscal discipline; history of dependence on foreign financing…</text>
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