Showing 1 - 6 of 6
Persistent link: https://www.econbiz.de/10010376509
A reaction function is estimated for interest rates set by the Bank of Botswana since financial liberalisation. Interest rate changes tend to be larger and somewhat less frequent than in developed countries. Interest rates are nevertheless smoothed in the sense that successive changes tend to be...
Persistent link: https://www.econbiz.de/10011533846
Persistent link: https://www.econbiz.de/10001632943
Persistent link: https://www.econbiz.de/10011579590
This study evaluates the economic impact of the proposed COMESA-SADC-EAC Tripartite Free Trade Area (TFTA) on 26 African countries. It uses the global trade analysis project (GTAP) computable general equilibrium (CGE) model and database to measure the static effects of the establishment of the...
Persistent link: https://www.econbiz.de/10011339372
International aid has an ambiguous effect on the macro-economy of the recipient country. To the extent that aid raises consumer expenditure, there will be some real exchange rate appreciation and a shift of resources away from traded goods production and into non-traded goods production....
Persistent link: https://www.econbiz.de/10009561451