Until the most recent past, it was absolutely difficult for economists to identify themselves with any professional body because of the non-existence of an organized and independent professional body to regulate the conduct and activities of the profession.
This problem of identification had forced a good number of our economists to become marketers, bankers, accountants and even administrators without genuine enthusiasm. The economics profession, which hitherto had an in-built honor and dignity, suddenly turned out to be at the mercy of other professional bodies for acceptance and recognition.
This unbearable trend had stirred up a general clarion call by all professional economists for the need to establish a body that would regulate the activities and general conduct of the noble profession.
The Institute of Chartered Economists of Ghana (ICEG) was established by the Professional Bodies Registration Decree, 1973, with the responsibility of promoting Professional Economics in Ghana.
Therefore, The Institute of Chartered Economists of Ghana was established out of a burning desire to promote and encourage the study and development of the art and science of economics in public practice, industries, commerce, etc and to inculcate professionalism and specialization in the economics profession in Ghana.
The Institute of Chartered Economists of Ghana (ICEG) is a professional body, established on 26th November, 2007 with the pioneering statutory right to regulate the practice of Economics in Ghana, and create a unified body to which economics professionals could identify themselves.