This study provides an analysis of the aid-private capital flows-growth nexus for Ghana. It is premised on the argument that Ghana's new status as a middle income country plus the start of oil production is bound to result in a reduction in ODA inflows in the long term. However in the short to...

In a bid to realize its development aspirations, Tanzania has made concerted efforts to increase public investment, particularly in the last decade. A significant proportion of these investments are financed by contracting debt, manifested by the rapid accumulation of public debt, especially...

At independence in 1975, the Frelimo government took over public administration from the colonial system and started to transform it. The public financial management (PFM) system was adapted to the central planning and management of the economy in line with nationalist and Marxist-Leninist...

Mozambique has achieved incipient but still fragile socio-economic development since 1975. The public financial management system has been reformed and improved, but its performance has weakened since 2013. Applying an institutional economics approach, we have identified the economic growth...

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...

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...

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...

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,...

Horizontal inequality by ethnic group has remained remarkably persistent for wealth, education, and access to certain services in Nigeria. While significant gains in the reduction of inequality and improvement in access have been made for more locally administered services, outcomes are stickier...

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...