Showing 1 - 10 of 66
This paper computes the fiscal stance in a small open economy and asses its position to relevant macroeconomic variables in order to protect the macroeconomic stability and promote development. Since 2006 change in income and tax structure shifts the implementation of fiscal policy, increasing...
Persistent link: https://www.econbiz.de/10011258610
indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in African countries, disaggregated into 11 … the contrary. As a policy implication, looking beyond income convergence can provide a concrete agenda for development …
Persistent link: https://www.econbiz.de/10009422021
Despite the immense progress that has been made throughout the world in improving the quality of life through applications of technology, large proportions of the peoples of Africa still leave on less than $1.00 per day income. The seven most industrialised democracies of the world, without...
Persistent link: https://www.econbiz.de/10009294580
Has macroeconomic management succeeded in making privatization promote growth in Africa? What are the probable strategies that should accompany the privatization reform process to promote growth in Africa? To what extent has the privatization process succeeded in attracting foreign direct...
Persistent link: https://www.econbiz.de/10011186475
This paper analyzes how the European Union has responded to Inward Foreign Direct Investment from Emerging Markets, particularly in the so-called Strategic Industries. Attention is focused on two sectors which have long been considered strategic assets by most countries around the world for...
Persistent link: https://www.econbiz.de/10009283795
This short dissemination note provides a synthesis of key results from a recent study on access to infrastructure services in Africa. Using Demographic and Health Surveys from 22 countries that have conducted at least two such surveys between 1990 and 2005, we provide comparable estimates over...
Persistent link: https://www.econbiz.de/10005837505
This paper deals with the effects of telecommunications on the economic growth in African countries. The telecommunications sector became a vital sector during the era of the economic reform that has been characterising the continent. We investigate empirically the role of telecommunication...
Persistent link: https://www.econbiz.de/10005037759
social capital in 30 Western and Eastern European countries. The paper demonstrates that the convergence of social capital …
Persistent link: https://www.econbiz.de/10011253064
to which convergence has occurred. To investigate the underlying causes of the changes in inequality, the Theil … convergence of employment-population ratios across regions. Research limitations/implications – The paper argues that national … European regions. Originality/value – This paper's main contribution is to highlight how national convergence can lead to …
Persistent link: https://www.econbiz.de/10011260292
fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East … Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … panel GMM estimation with data from different non-overlapping intervals is employed. The implied rate of convergence and the …
Persistent link: https://www.econbiz.de/10011260783