ECONOMIC GOVERNANCE AND MANAGEMENT assessment in the area of economic governance and management. This is followed by a summary of the discussions the Country Review Mission (CRM) had with stakeholders both at the national and regional levels (Ghanaian authorities, civil society, labour and the private business community). The issues discussed were motivated by the background and Country Self-Assessment Report (CSAR), and are followed by the main findings of the CRM. There are a number of areas in policy-making where resolute action by the authorities will greatly improve governance. Each objective thus ends with Panel recommendations on the governance issues that arose in the background review, CSAR, CRM discussions and the Programme of Action. 15. It is instructive to state at the onset that the CRM did not analyse or assess the country's current macroeconomic policies in any detail. The APRM assessment is primarily about the quality of governance, and the appropriateness of overall policies for attaining the longer-term objectives of NEPAD. In the short term, the mix between fiscal, monetary, trade and labour policies can be expected to be influenced by developments in the domestic business cycle, temporary domestic disruptions and international developments. The CRM acquiesced with the following judgment of the Centre for Policy Studies (the Technical Institute appointed by Ghana's National APRM Governing Council for the economic self-assessment exercise): “Sound macroeconomic policies involve a delicate mix of monetary, fiscal and exchange rate policies to achieve macroeconomic stability as a necessary condition for growth and development. To be sustainable, it must also induce a reasonable level of supply response. On average, the combination of macroeconomic policies in Ghana may be described as technically correct in terms of the assignment of instruments to targets, except for 1999 and 2000, when the adverse terms of trade were perceived as temporary and a wrong combination of policies was used.” (paragraph 227) 16. At the end of this report, in Chapter six, there is a section dealing with certain crosscutting problems that are relevant to each of the four thematic areas of the APRM review. These include issues such as: the need for improving the capacity and quality of governance, the gender discrimination problem and, in the case of Ghana, the problem of landownership. 17. The Panel is of the opinion that the recommendations made here, if pursued by the authorities, will improve governance, both in actual practice and in the perception of individuals, organisations of civil society and private businesses in Ghana. 51