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This paper examines the possible implications for the financial systems of low-income African economies and in particular Tanzania of their stated aspiration to achieve middle-income status. In doing so it finds little evidence that the mere increase of gross domestic product per capita will...
Persistent link: https://www.econbiz.de/10011517282
One essential condition of economic progress in any society is an ample supply of savings, which depends on the growth of real capital. Economists agree that higher investment rates will lead to higher growth. Thus, domestic savings is considered an important determinant of growth in developing...
Persistent link: https://www.econbiz.de/10014234438
The financial inclusion effort achieved positive results, with the number of Mozambicans having access to banking services increasing considerably, particularly after 2011- 12. However, the economic and social impact was limited, considering that farm productivity has remained low and poverty...
Persistent link: https://www.econbiz.de/10012301897
Africa, but they also have higher failure rates. Ignoring firm exit exaggerates net employment growth. Using panel data for … prospects for employment creation. -- aid ; small enterprise ; employment ; firm exit ; Africa …
Persistent link: https://www.econbiz.de/10009667951
that Kenya, as the ninth largest economy in Africa and the fourth largest in sub-Saharan Africa and with a locational …
Persistent link: https://www.econbiz.de/10011411141
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … of diversification in Africa's economies-in contrast to Asia's success stories. Structural adjustment did not change the … manufacturing and service clusters, Africa is yet to follow East Asia in integrating with the global economy in ways that add value …
Persistent link: https://www.econbiz.de/10011396968
This paper investigates the relationship between mining and spatial inequality in Africa during 2001-12. The … bolstering socio-economic development in Africa. …
Persistent link: https://www.econbiz.de/10011588953
This paper is essentially autobiographical and describes Erik Thorbecke's journey through the history of development economics between the 1950s and the present. The paper consists of four parts. First, an introduction reviews briefly his professional career as a development economist and his...
Persistent link: https://www.econbiz.de/10011927692
African countries are facing great opportunities but also formidable challenges in accelerating economic growth and sustaining a high level of economic performance. The experiences of East Asian countries may offer valuable insights for African leaders and governments in making concerted efforts...
Persistent link: https://www.econbiz.de/10010438054
Africa's improved growth performance over the last 15 years provides an opportunity for the continent to transit from … agriculture therein, and the pace of structural transformation in Africa over the last 50 years. The evolution has involved …-based strategies exemplified under the Comprehensive Africa Agriculture Development Programme (CAADP). …
Persistent link: https://www.econbiz.de/10010260001