Financing and Investment Activity

Private sector investment and cost of financing are critical issues of concern to private investors, entrepreneurs and business persons in the developing world including Ghana. This book has been put together as an attempt to address the aforementioned issues which are the worry of most governments and countries across the globe. It also attempts to address the limited empirical research available, as it unearth the challenges, state and offer practical solutions on private investment and cost of financing it. This book is unique in that it provides an in-depth historical evaluation of investment activities in Ghana since independence. It aims to enhance private investment activities, participation and thrive in Ghana and beyond. The issues are placed within the framework of Keynesian, neoclassical, and uncertainty theoretical intuitions. Using Johansen co-integration technique coupled with the Vector Error Correction model, it pursued the following objectives: To find the relationship and the direction of causality between financing cost factors and private investment in Ghana over the long run,etc.