The major hypothesis of the paper if that private sector investment is necessary if economic growth is to be accelerated. However, in order to stimulate such investments appropriate monetary, fiscal and exchange rate policies have to be formulated and implemented, along with provision of...

The objective of this evaluation was to assess and document the effectiveness of the unique AERC reserach process in enhancing capacity for high quality research and its relevance to economic policy concerns of the region. This report was prepared following a very in-depth review of research...

The main objectives of this study were to examine critically the availability and quality of economic statistics for a sub-Saharan African countries relevant, in particular, for research; to assess the research reports by AERC researchers as examples of usage; and to develop a programme for...

Inflation appears to be the macro-problem in Ghana for which no antidote has been found under the economic recovery programme. It is possible that either a wrong diagnosis has been made of the problem, or that certain factors within the economy are preventing inflation from staying within target...

The informal financial sector and macroeconomic adjustment in Malawi

Real interest rates adn the mobilization of private savings in Africa.

The purpose of this study was to investigate the effects of structural adjustment policies on the supply conditions of coffee, Uganda's major export, which accounts for over 90% of foreign exchange earnings and about 50% of tax revenue. Because of a lack of quantitative data, it was impossible...