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Persistent link: https://www.econbiz.de/10003354188
case studies the two African countries, Botswana and Nigeria.Using distributed-lag analysis, the paper finds that the … supportive of the 'resource curse' hypothesis for Nigeria, but not for Botswana.I further argue that the superior institutional … quality in Botswana, relative to Nigeria, is likely responsible for the contrasting results. However, Nigeria appears to be …
Persistent link: https://www.econbiz.de/10008991418
Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted … that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic …
Persistent link: https://www.econbiz.de/10012779869
-led development strategies. The second section draws from the case of Botswana, a mineral dependent country with high growth and high … development indices for sub-Saharan Africa. Here, Botswana is compared with Nigeria to illustrate, in greater contrast, Botswana … general policy framework, drawing from the example of Botswana, for new mineral economies to leverage their mineral endowments …
Persistent link: https://www.econbiz.de/10013054242
In July 2010, the High Court of Botswana ruled against the San, often called pejoratively “Bushmen” or Basarwa, denying … protracted legal dispute between the Government of Botswana (GOB) and a group of San peoples formerly living inside the CKGR … it, while forty-one states, including Botswana, abstained. This Article begins by reviewing the historical relations …
Persistent link: https://www.econbiz.de/10014167110
Botswana is typical of the countries that are endowed with abundant natural resources. Although it is commonly accepted … that resource-rich economies tend to fail in accelerating growth, Botswana has experienced the most remarkable economic …
Persistent link: https://www.econbiz.de/10014400405
A reaction function is estimated for interest rates set by the Bank of Botswana since financial liberalisation …
Persistent link: https://www.econbiz.de/10011533846
The financial safety net framework in Botswana is incomplete, while crisis preparedness and management structures must … be expanded.2 The Bank of Botswana (BoB) lacks an emergency liquidity support mechanism for commercial banks, bank …
Persistent link: https://www.econbiz.de/10015058632
The growth of wholesale-funded credit intermediation has motivated liquidity regulations. We analyze a dynamic stochastic general equilibrium model in which liquidity and capital regulations interact with the supply of risk-free assets. In the model, the endogenously time-varying tightness of...
Persistent link: https://www.econbiz.de/10010227269
This study constitutes an exploratory analysis of the economic role of banks under different prudential frameworks. It considers an agent-based computational model populated by consumers, firms, banks and a central bank whose out-of-equilibrium interactions replicate the conjunct dynamics of a...
Persistent link: https://www.econbiz.de/10011490576