Showing 1 - 10 of 159
This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a … sample of 41 African economies from 1985-2015, the results suggest that signing treaties with investment hubs is not … theoretical model, the paper investigates the role of treaty shopping in driving nominal investment flows and provides indirect …
Persistent link: https://www.econbiz.de/10012907945
Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The …
Persistent link: https://www.econbiz.de/10013048362
This paper investigates the channels through which remittances affect macroeconomic volatility in African countries using a dynamic stochastic general equilibrium (DSGE) model augmented with financial frictions. Empirical results indicate that remittances - as a share of GDP - have a significant...
Persistent link: https://www.econbiz.de/10013024443
to investment and growth, they reduce the government's ability to increase supporters' consumption. The model predicts … that resource abundance is conductive to poor policies and, consequently, to low investment. The implications of the model …
Persistent link: https://www.econbiz.de/10012782830
Persistent link: https://www.econbiz.de/10012942341
Spillovers from South Africa into the other members of the Souther Africa Customs Union (known as the BLNS for … Botstwana, Lesotho, Namibia, and Swaziland) are substantial reflecting sizeable real and financial interlinkages. However …, shocks to real GDP growth in South Africa do not seem to systematically affect growth developments in BLNS countries as a …
Persistent link: https://www.econbiz.de/10013086315
This paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to...
Persistent link: https://www.econbiz.de/10013088730
Following the onset of the global economic crisis in 2008, SACU member countries have witnessed a significant growth slowdown, and a deterioration of their fiscal balances. This paper (i) assesses options for the design of the needed fiscal consolidation, and (ii) discussed medium-term fiscal...
Persistent link: https://www.econbiz.de/10013066167
The paper explores the quality of the recent high-growth episode in sub-Saharan Africa by examining the following two …
Persistent link: https://www.econbiz.de/10013085136
This paper examines the determinants of net interest margins in four regional blocks in Sub-Saharan Africa and one … for the view that market structure is also partly responsible for high net interest margins in Sub-Saharan Africa. If …
Persistent link: https://www.econbiz.de/10013085138