Showing 1 - 10 of 150
Many low income countries in Africa are optimistic that producing biofuels domestically will not only reduce their dependence on imported fossil fuels, but also stimulate economic development, particularly in poorer rural areas. Skeptics, on the other hand, view biofuels as a threat to food...
Persistent link: https://www.econbiz.de/10008662853
Drawing on insights from Latin America, this paper examines the factors that contributed to the use of populist strategies by political parties during recent presidential elections in Kenya, South Africa, and Zambia. Specifically, the paper argues that the nature of party competition in Africa,...
Persistent link: https://www.econbiz.de/10008697425
This paper revisits the link between exchange rate regimes and trade in the context of Africa's exchange rate arrangements. Applying an augmented gravity model that includes measures of currency unions and pegged regimes, the paper compares Africa's experience with that of the world. Our results...
Persistent link: https://www.econbiz.de/10008903422
This paper reviews the innovative capabilities and absorptive capacities of African countries, and investigates whether they have played significant roles in the region's slow and episodic economic growth. Results from cross-country regressions covering 31 Sub-Saharan African countries suggest...
Persistent link: https://www.econbiz.de/10008908332
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/10008991431
Using a panel vector autoregressive model this paper investigates the dynamic and endogeneous contribution of tourism to output based on a sample of 40 African countries for the period 1990 - 2006. Results from the study confirm tourism to be an important ingredient of African development...
Persistent link: https://www.econbiz.de/10009153221
Over the past two decades, donors increasingly linked foreign aid to democracy objectives in sub-Saharan Africa. Yet systematic research on this topic typically focuses on how aid influences democratic transitions. This study investigates whether and how foreign aid affects the process of...
Persistent link: https://www.econbiz.de/10009499795
This paper argues that official development assistance (foreign aid) is partly responsible for the lack of structural change in Africa. Africa's development partners have devoted too few resources and too little attention to two critical constraints to private investment, infrastructure and...
Persistent link: https://www.econbiz.de/10009501871
Controversy over the aggregate impact of foreign aid has focused on reduced form estimates of the aid-growth link. The causal chain, through which aid affects developmental outcomes including growth, has received much less attention. We address this gap by: (i) specifying a structural model of...
Persistent link: https://www.econbiz.de/10009260998
The youth have long represented an important constituency for electoral mobilization in Africa. Today, as the region faces a growing 'youth bulge' that is disproportionately burdened by un- and underemployment, capturing the votes of this demographic is becoming more important than ever before....
Persistent link: https://www.econbiz.de/10009306512