Showing 11 - 20 of 81
The NZ economy has performed well over the past few years, having achieved relatively strong GDP and employment growth. However, some constraints to sustaining this momentum beyond the short term are emerging in the fields of skills, housing and urban infrastructure. Skills shortages have risen...
Persistent link: https://www.econbiz.de/10011399572
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
and East Africa is facing stiff challenges in the timing of monetary convergence, the imperative of bankers to apply … monetary policy convergence within the proposed WAM and EAM zones. In the analysis, monetary policy targets inflation and … growth at macro and micro levels. Findings suggest overwhelming lack of convergence; an indication that candidate countries …
Persistent link: https://www.econbiz.de/10009421994
This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African …(Christianity and Islam). Findings provide partial support for the existence of absolute convergence in some dynamics. Only SSA reveals … conditional convergence in relation to per capita number of listed companies. The speed of convergence for the most part is …
Persistent link: https://www.econbiz.de/10009422010
In the first critical assessment of convergence in financial development dynamics in Africa, we find overwhelming …-law) and religious dominations(Christianity and Islam). We examine convergence in financial intermediary dynamics of depth … respectively. We also provide the speeds of convergence and time necessary to achieve a full(100%) convergence. As a policy …
Persistent link: https://www.econbiz.de/10009422016
Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using updated panel data of 26 African countries spanning the period 1996-2010, this study examines the effect of liberalisation policies with particular focus on financial, trade,...
Persistent link: https://www.econbiz.de/10011258091
The issue of foreign aid dependency in African countries remains controversial among policy makers. So far, there is no consensus on aid effectiveness and the resulting policy prescriptions have been conflicting. The Euro zone which provides the bulk of foreign aid to developing countries, is...
Persistent link: https://www.econbiz.de/10011259182
This paper will attempt to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by identifying an FDI reliance-rejection paradox emanating from the incompatibility between colonial legacies and Structural Adjustment Programmes. Since the 1980s, international...
Persistent link: https://www.econbiz.de/10011259898
The Kangoye (2013, TDE) findings on the negative nexus between foreign aid unpredictability and governance could seriously affect debates in academic and policy making circles. Using the theoretical underpinnings of the celebrated Eubank (2012, JDS) literature, we first confirm Kangoye’s...
Persistent link: https://www.econbiz.de/10011111464
This study explores the Impact of Food Prices Crisis on budget deficits in the Arab region. Panel data is used for the period of 2000 to 2012 in sixteen countries in the region. We run multi regression models which are used to estimate the Impact of food crisis on government debt in high, middle...
Persistent link: https://www.econbiz.de/10011112114