The combination of these factors have resulted in a tight financing  conditions, reverse capital flows and exchange rate pressures in most emerging market and frontier economies, including Ghana. However, different countries have responded differently depending on the strength of their underlying macroeconomic fundamentals.
Salvatore Rossi: Knowledge, innovation and relaunching the economy Speech (lectio magistralis) by Mr Salvatore Rossi, Senior Deputy Governor of the Bank of Italy, at the Almo Collegio Borromeo, Pavia, 17 March 2015.