Showing 1 - 10 of 44
In the wake of the current financial and economic crises, the economies of sub-Saharan Africa find themselves squeezed between likely reductions in official development assistance and the pressing challenge to eradicate poverty. Public expenditure allocation to the social sector and to public...
Persistent link: https://www.econbiz.de/10010330136
This study addresses the macroeconomic effect of foreign aid on the factors of growth. Specifically, we examine the effects of foreign aid on capital investment (human capital, physical capital) in sub-Saharan Africa. Our methodological approach evaluates the effect of disaggregate aid (aid for...
Persistent link: https://www.econbiz.de/10010333691
All countries, especially developing countries with limited financial resources, face difficult decisions in prioritizing public funds for investment projects in order to achieve strategic public goals in the face of multiple demands. Effective investment often requires coordination between...
Persistent link: https://www.econbiz.de/10011653974
Do urban agglomeration economies enhance the social profitability of rural roads? When all goods are traded at parametric world prices, lower transport costs benefit villagers. Urban activities and welfare are unaffected if labour is immobile, but their levels fall when rural workers move freely...
Persistent link: https://www.econbiz.de/10011943880
The construction sector value added in Mozambique grew at an average annual rate of 12.8 per cent in 1993-2015. Investment in the basic infrastructure of health, education, and housing improved families' and communities' living conditions. Investment in roads, communications, and office...
Persistent link: https://www.econbiz.de/10011943922
The construction sector plays a key role in providing structures for economies. This paper surveys the literature on key issues pertaining to the construction sector. It starts by summarizing our knowledge about differences in unit costs across time and space. It then discusses key bottlenecks...
Persistent link: https://www.econbiz.de/10011944112
Special economic zones (SEZs) in Africa are generally regarded as underperforming relative to their peers in the rest of the world. This study focuses on the design features of the SEZ in Africa that may help explain this underperformance. Literature was reviewed to identify the key design...
Persistent link: https://www.econbiz.de/10012424048
In the presence of agglomeration economies, the effects of a rural roads programme depend not only on the reduction in transportation costs, but also on the form of labour mobility. When financed by a poll tax on rural households, the wage will rise, accompanied by some return migration,...
Persistent link: https://www.econbiz.de/10012424124
The structure employed is a small open economy, with one city and a rural hinterland, two traded goods, a transport sector, two specific factors, and mobile labour. A socially profitable programme will promote not only internal, but also external trade. Theory and numerical examples indicate...
Persistent link: https://www.econbiz.de/10014477596
The African continent is facing the potential of a US$183.6 billion liability to repair and maintain roads damaged from temperature and precipitation changes related to climate change through 2100. As detailed, the central part of the continent faces the greatest impact from climate change with...
Persistent link: https://www.econbiz.de/10010280255