Summary
The katanomics framework was created to explain why vibrant democracies like Ghana still struggle to maintain accountability on policy matters leading to a situation where weak policy programs persist despite loud media discussions. One reason for this situation is simply that policy is “too convoluted and complicated.” Policy, after all, disaggregates, whilst politics aggregates.
Thus, simplifying policy choices, trade-offs, outcomes, and dynamics should lead to greater interest among citizens and, perhaps, lead to the formation of the “critical policy audiences” that katanomics enthusiasts (“katanomists”) believe are so crucial to restoring the central role of policy in national management.
It is in pursuit of this agenda that the interactive dashboard below has been created to enable the general public get to grips with the GoldBod losses matter and the policy choices and tensions underlying the entire Gold for Reserves program. If after exploring the logic of the dashboard a reader wishes to learn more about the issues involved, the short technical brief below the dashboard should help.
Happy exploring!
GoldBod‑G4R Policy Simulator
The Basic Loop
Gold → Dollars → FX Intervention → Cedi Stability
Key Insight
Gold-backed FX intervention is a policy choice, not a law of economics. Every ounce bought requires printing Cedis, linking currency stability directly to monetary expansion.