Showing 1 - 10 of 674
Over many years rises and fall of world oil prices have been repeatedly reflected in the boom-bust cycles in oil-exporting countries the world over. The recent spectacular rise and equally spectacular fall in prices provides an opportunity to inquire whether anything is different this time. In...
Persistent link: https://www.econbiz.de/10012677834
This paper documents cyclical patterns of government expenditures in sub-Saharan Africa since 1970 and explains variation between countries and over time. Controlling for endogeneity, it finds government expenditures to be slightly more procyclical in sub-Saharan Africa than in other developing...
Persistent link: https://www.econbiz.de/10012677515
for poverty alleviation. Although there are likely to be substantial efficiency gains from tariff reductions, these accrue …
Persistent link: https://www.econbiz.de/10012677559
Intro -- Contents -- I. INTRODUCTION -- II. A BENCHMARK: PRINCIPLES OF DECENTRALIZATION REFORM -- III. UGANDA'S DECENTRALIZATION PROCESS: THE INSTITUTIONS -- IV. SPECIFIC OUTCOMES IN SERVICE DELIVERY -- V. FINAL REMARKS -- References.
Persistent link: https://www.econbiz.de/10013042569
Senegal's fiscal deficit and public debt have been on the rise in recent years owing partly to an ailing and … growth, real wages and the supply of public services. Senegal does not need, however, to undertake such difficult fiscal …
Persistent link: https://www.econbiz.de/10010790369
The paper examines Senegal’s growth performance from the perspective of its povertyreducing and distributional … characteristics, and discusses policies that might help make growth more inclusive. The main findings are that poverty has fallen in … the last two decades, but poverty reduction has slowed in recent years. Although available indicators sometimes give …
Persistent link: https://www.econbiz.de/10010790286
The paper considers the determinants of exchange rate movements among sub-Saharan countries that have flexible exchange rate regimes. The determinants are based on the law of one price and interest parity conditions. Results indicate that the exchange rates have responded significantly to...
Persistent link: https://www.econbiz.de/10009621648
We revisit Lipset?s law, which posits a positive and significant relationship between income and democracy. Using dynamic and heterogeneous panel data estimation techniques, we find a significant and negative relationship between income and democracy: higher/lower incomes per capita...
Persistent link: https://www.econbiz.de/10009679679
This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major oil-exporting developing countries, and investigates reasons for systematic differences in the non-oil export performance across these economies. The analysis reveals that...
Persistent link: https://www.econbiz.de/10014409041
This paper builds on the methodology developed by Chudik and Mongardini (2007) to estimate the relationship between grants and remittances and the equilibrium real exchange rate in Sub-Saharan African (SSA) countries using panel techniques. The results indicate that grants and remittances are...
Persistent link: https://www.econbiz.de/10012677761