Showing 1 - 10 of 25
In this paper I investigate whether democracy in the Southern African Development Community (SADC) has had any effect … Variables, eg the end of the cold war is one of the contemporaneous external sources of variation to democracy, to deal with … reverse causality in thin panels), suggest that democracy, and the better governance that tends to be associated with it, has …
Persistent link: https://www.econbiz.de/10010775244
We investigate in this paper what are the main determinants of government and external debt in South America. Our sample purposely includes all nine South American countries that re-democratised in the last thirty years or so, and the data cover the period 1970-2007. The results, based on...
Persistent link: https://www.econbiz.de/10010640957
democracy becomes acceptable and "the only game in town". For that we use a sample of all nine South American young democracies …
Persistent link: https://www.econbiz.de/10010610288
Scholars have focused their efforts to explain poor growth and development in regions such as Sub-Saharan Africa, and parts of Asia, Eastern Europe, and Latin America, using arguments based on quality of institutions and geography and the structure and process of resource allocation and...
Persistent link: https://www.econbiz.de/10008563297
This paper evaluates the strength of the balance sheet channel in the U.S. monetary policy transmission mechanism over the past three decades. Using a Factor-Augmented Vector Autoregression model on an expanded data set, including sectoral balance sheet variables, we show that the balance sheets...
Persistent link: https://www.econbiz.de/10010687823
While South Africa’s growth performance has improved somewhat in recent years, it has generally been poor over the past few decades. This article uses Chenery’s factor decomposition method to analyse the sources of growth in South Africa from 1970 to 2007. Using input-output data,...
Persistent link: https://www.econbiz.de/10011133833
This paper explores the relationship between economic development and financial structure: that is, whether the degree of financial system structure matter for pace and character of economic development in 15 African countries for the period of 1995 to 2011. The paper utilizes the fixed effect...
Persistent link: https://www.econbiz.de/10011106591
In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African countries, which are all members of the Southern African Development Community (SADC), between 1980 and 2009. The results, based on panel time-series data and analysis, suggest...
Persistent link: https://www.econbiz.de/10010734909
In this paper we investigate the role of inflation rates in determining economic growth in fifteen sub-Saharan African countries, which are all members of the Southern African Development Community (SADC), between 1980 and 2009. The results, based on panel time-series data and analysis, suggest...
Persistent link: https://www.econbiz.de/10010734912
Climate change has been classed as the greatest and urgent global issue facing humanity today, yet the empirics of the debate remain largely muted, more so with reference to sub-Saharan Africa (SSA), where the impact of warming global temperatures are forecasted to have the worst impact. This...
Persistent link: https://www.econbiz.de/10010929134