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The Impact of External Indebtednesson Poverty in Low-Income Countries

Kalonji, Kadima D. - 2003

together the literature that links external debt with income growth and poverty. The main conclusion is that once the effect of …This paper explores the relationship between external debt and poverty. A number of observers have argued that high … external indebtedness is a major cause of poverty. Using the first-differenced general method of moments (GMM) estimator, the …

Persistent link: https://www.econbiz.de/10014403859

Struggling to make the grade : a review of the causes and consequences of the weak outcomes of South Africa's education system

Mlachila, Montfort; Moeletsi, Tlhalefang - 2019

, and high levels of poverty, unemployment, and inequality. Drawing on the literature, the paper sketches some policy …, language, geographic location, and socio-economic status. Low educational achievement contributes to low productivity growth …

Persistent link: https://www.econbiz.de/10012009451

Monetary policy credibility and exchange rate pass-through in South Africa

Kabundi, Alain; Mlachila, Montfort - 2018

This paper investigates the key factors that explain the documented decline in the exchange rate pass-through in South Africa over the past two decades, which coincides with the adoption of the inflation-targeting regime. The paper conjectures, in line with the literature, that this outcome is...

Persistent link: https://www.econbiz.de/10011905865

Does Openness Matter for Financial Development in Africa?

David, Antonio - 2014

This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationarity, important econometric problems that...

Persistent link: https://www.econbiz.de/10014411399