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Results 1741-1750 of 1801 (Search time: 0.005 seconds).
Inflation and Economic Growth: Evidence from the Southern African Development Community
Journal article, Created By Bittencourt, Manoel and Published By John Wiley & Sons Publishing Company in English language
In this paper, we investigate the role of inflation rates in determining economic growth in 15 sub-Saharan African countries, which are all members of the Southern African Development Community, between 1980 and 2009. The results, based on panel time-series data and analysis (we use the fixed effects and fixed effects with instrumental variables estimators to account for heterogeneity and endogeneity in thin panels), suggest that inflation has had a detrimental effect to growth in the community. We highlight that inflation has offset the Mundell–Tobin effect and...
Economic Report on Africa 2010: Promoting high-level sustainable growth to reduce unemployment in Africa
Book/Monograph, Created By African Union (AU) and Published By African Union (AU) in English language
Due to the global financial crisis, the world economy contracted by 2.2 per cent in 2009, but there are signs that it has begun to stabilize. GDP growth in Africa declined from 4.5 per cent in 2008 to 1.6 per cent in 2009 and is expected to rise to 4.3 per cent in 2010. Despite the decrease in world commodity prices, primary commodity exports remain the major driver of growth in Africa. The global economic downturn exacerbated the already high unemployment rates and vulnerable employment in Africa. Unemployment rates remained high a...
Globalisation vs. public ethics: An African perspective
Journal article, Created By Ijeoma, Edwin Chikata and Published By Adonis & Abbey in English language
The interest of governments all over the world ? in terms of the expected gains of globalisation ? has further stalled the envisaged accelerated global economic growth and development. This has been done by removing all constraints on trade, regardless of social, ecological and moral implications, thereby creating a new culture of oneness which is presently driving the emerging global ethics. Instead of accepting the incontrovertible empirical evidence that economic globalisation will only increase many of the problems facing the world today (especially poorer nation...
In Whose Debt? Debt Cancellation and Democracy in Africa
Journal article, Created By Friedman, Steven and Published By Adonis & Abbey in English language
The cancellation of African debt is a necessary condition for the continent's growth and development. But it is hardly sufficient. If writing off debt is to trigger economic and social progress which benefits the poor, democratisation is as essential as the elimination of debt. The announcement by G-8 Finance ministers of their intention to cancel the debt of 14 African countries, with another nine possibly becoming eligible within the year, has prompted inevitably heated debate between the economic 'mainstream', which has welcomed the decision, and ...
Ten years after implementing the Barcelona process: what can be learned from the Tunisian experience
Journal article, Created By Mohamed Hedi Bchira; Mohamed Abdelbasset Cheminguib; Hakim Ben Hammoudac and Published By Taylor & Francis Group in English language
January 1, 2009 marks the 11th anniversary of the Tunisia-EU Free Trade Agreement (FTA). In its short life, this agreement has instigated major changes in the Tunisian economy and has significant consequences on the conduct of the Tunisian trade policy. Our preliminary assessment of this agreement shows that contrary to expectations, the structure of Tunisian imports of manufactures does not change much. Additionally, our assessment shows that trade diversion was limited to products of the first List of tariff dismantling. This is explained by the depreciation&#...
The challenges of industrialisation in Sub-Saharan Africa and lessons from East Asia
Journal article, Created By Igbatayo, Samuel A. and Published By Inderscience in English language
In the past few decades, several developing economies, particularly in East Asia and parts of Latin America, have successfully transformed their economies and acknowledged as newly industrialised economies. The new industrialisers have also emerged as key players in the global economy breaking into lucrative foreign markets in industrialised economies. However, Sub-Saharan Africa has been marginalised by contemporary industrialisation. The unenviable trend has been blamed for the escalation of endemic poverty and inequality in the sub-region, presenting policy makers with considerable c...
Tax Revenue Effects of Sectoral Growth and Public Expenditure in Uganda
Journal article, Created By Mawejje, Joseph and Published By John Wiley & Sons Publishing Company in English language
This paper contributes to a growing strand of literature on the determinants of tax revenue performance in developing countries, particularly in Sub-Saharan Africa. More specifically we estimate the tax elasticities of sectoral output growth and public expenditure. The unique features of this paper are twofold: First, we develop a simple analytical model for tax revenue performance taking into account some structural features pervasive in most developing countries with large informal sectors. Second, we test the model predictions on Ugandan time series data using ARDL...
Tax Revenue Effects of Sectoral Growth and Public Expenditure in Uganda
Journal article, Created By Mawejje, Joseph and Published By John Wiley & Sons Publishing Company in English language
This paper contributes to a growing strand of literature on the determinants of tax revenue performance in developing countries, particularly in Sub-Saharan Africa. More specifically we estimate the tax elasticities of sectoral output growth and public expenditure. The unique features of this paper are twofold: First, we develop a simple analytical model for tax revenue performance taking into account some structural features pervasive in most developing countries with large informal sectors. Second, we test the model predictions on Ugandan time series data using ARDL...
Ten years after implementing the Barcelona process: what can be learned from the Tunisian experience
Journal article, Created By Mohamed Hedi Bchira; Mohamed Abdelbasset Cheminguib; Hakim Ben Hammoudac and Published By Taylor & Francis Group in English language
January 1, 2009 marks the 11th anniversary of the Tunisia-EU Free Trade Agreement (FTA). In its short life, this agreement has instigated major changes in the Tunisian economy and has significant consequences on the conduct of the Tunisian trade policy. Our preliminary assessment of this agreement shows that contrary to expectations, the structure of Tunisian imports of manufactures does not change much. Additionally, our assessment shows that trade diversion was limited to products of the first List of tariff dismantling. This is explained by the depreciation&#...
The challenges of industrialisation in Sub-Saharan Africa and lessons from East Asia
Journal article, Created By Igbatayo, Samuel A. and Published By Inderscience in English language
In the past few decades, several developing economies, particularly in East Asia and parts of Latin America, have successfully transformed their economies and acknowledged as newly industrialised economies. The new industrialisers have also emerged as key players in the global economy breaking into lucrative foreign markets in industrialised economies. However, Sub-Saharan Africa has been marginalised by contemporary industrialisation. The unenviable trend has been blamed for the escalation of endemic poverty and inequality in the sub-region, presenting policy makers with considerable c...