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Young Democracies and Government Size: Evidence from South America
Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2013
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
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Determinants of Government and External Debt: Evidence from the Young Democracies of South America
Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2013
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
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Democracy and Education: Evidence from the Southern African Development Community
Bittencourt, Manoel - Economic Research Southern Africa (ERSA) - 2014
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
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Water Resource Accounts for Uganda: Use and Policy Relevancy
Kilimani, Nicholas - Economic Research Southern Africa (ERSA) - 2013
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
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Governance, Incentives and Elections as Determinants of Economic Performance, Aid and Investment Flows
Bhimani, Al; Ncube, Mthuli - Economic Research Southern Africa (ERSA) - 2005
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
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The Fundamental Determinants of Competitiveness in African Countries
Agbor, Julius A.; Taiwo, Olumide - Economic Research Southern Africa (ERSA) - 2014
This study investigates the drivers of competitiveness in African economies. While the macroeconomic perspective focuses on the behavior of the real effective exchange rate (REER), and the international competition framework emphasizes export market shares (EXPS), the business strategy framework...
Persistent link: https://www.econbiz.de/10010940471
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Climate change and economic growth in sub-Sahara Africa: A nonparametric evidence
Alagidede, Paul; Adu, George - Economic Research Southern Africa (ERSA) - 2014
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
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Currency Crises and Monetary Policy in an Economy with Credit Constraints: The Case for Low Interest Rates Restored
Hassan, Shakill - Economic Research Southern Africa (ERSA) - 2006
This paper revisits the currency crises model of Aghion, Bacchetta and Banerjeee (2000, 2001, 2004), who show that if there exist nominal price rigidities and private sector credit constraints, and the credit multiplier depends on real interest rates, then the optimal monetary policy response to...
Persistent link: https://www.econbiz.de/10008594461
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Inflation and Economic Growth: Evidence from the Southern African Development Countries
Bittencourt, Manoel; Eyden, Renee van; Seleteng, Monaheng - Economic Research Southern Africa (ERSA) - 2014
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
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Inflation and Economic Growth in the SADC: Some Panel Time-Series Evidence
Bittencourt, Manoel; Eyden, Renee van; Seleteng, Monaheng - Economic Research Southern Africa (ERSA) - 2014
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