GHAMOD policy workshop 2019

Since the launch of GHAMOD in 2017, a series of training events have been carried out under SOUTHMOD - simulating tax and benefit policies for development project to equip policy makers and researchers with the skills needed to analyse tax and benefit policy using GHAMOD. The research generated with the launch of GHAMOD will now be presented to students, researchers, economists, and policy makers from the Ministries of Finance, the Central Bank of Ghana, and the Ghana Revenue Authority. It is hoped that these research findings will inform the policy process as it relates to improved outcomes in the sphere of economic development and reduced poverty and inequality. 

Tax-benefit microsimulation models, which combine representative household-level data on incomes and expenditures and detailed coding of tax and benefit legislation, have proven to be an extremely useful tool for researchers and policy makers alike. The models apply user-defined tax and benefit policy rules to micro-data on individuals and households and calculate the effects of these rules on household income. The effects of different policy scenarios on poverty, inequality, and government revenues can be analysed and compared.