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JM Keynes was more important to Australia than Australia was to him. Yet the connections are many and varied, and worthy of some attention. As has been said, ‘a survey of the rise and fall of Keynesian economics in Australia’ is ‘an important story which still has to be written’; but it...
Persistent link: https://www.econbiz.de/10005423623
This piece documents the facts of the supply-side recovery in Nigeria in the last few years and identifies the triggers … external shocks have stimulated supply-side recovery and provided unexpected funds abroad. Nigeria now has abundant resources …
Persistent link: https://www.econbiz.de/10012734869
Multinational Corporations (MNCs) as propellers of 'Organization Revolution' transfer sophisticated and high-level and expensive technology-cum-manpower to developing countries - all in the name of techno-economic development. By taking advantage of good political risk-cum-high credit-worthiness...
Persistent link: https://www.econbiz.de/10012777186
The aim of this paper is to empirically examine the relationship between saving and investment for 6 Middle East and North African Countries for the period 1980-2008. To this end, we use panel cointegration analysis and Error Correction Model techniques. The long run estimation reveals causality...
Persistent link: https://www.econbiz.de/10011275130
The study of the link between debt and growth has been full of debates, both in theory and empirics. However, there is a growing consensus that the relationship is sensitive to the level of debt. Our paper tries to address the question of non linearity in the long term relationship between...
Persistent link: https://www.econbiz.de/10011259050
This article aims to highlight the first work of economist Nathan Nunn on slavery and colonization. Indeed, for the latter, these two historical facts, quantifiable consequences, have defined the path of economic development of African countries. Secondly, this paper discusses the findings of...
Persistent link: https://www.econbiz.de/10011260637
Polygyny rates are higher in Western Africa than in Eastern Africa. The African slave trades explain this difference. More male slaves were exported in the trans-Atlantic slave trades from Western Africa, while more female slaves were exported in the Indian Ocean and Red Sea slave trades from...
Persistent link: https://www.econbiz.de/10009226829
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...
Persistent link: https://www.econbiz.de/10009246604
The purpose of this paper is to provide a historical perspective on the reform process initiated in Tanzania in 1986, and deepened in 1996. In order to do this I concentrate mostly on the period spanning from 1967, when the Arusha Declaration was adopted by the official political party the TANU,...
Persistent link: https://www.econbiz.de/10009421970
This paper reviews the status of Agricultural Biotechnology in Sub-Saharan Africa. It addresses the potential economic benefits to Sub-Saharan Africa and the effect biotechnology policies may have on growth, production and poverty reduction. The extent to which agricultural biotechnology will...
Persistent link: https://www.econbiz.de/10009368479