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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 paper examines growth rates of real GDP per capita during decolonization in sub-Saharan Africa. For each period …
Persistent link: https://www.econbiz.de/10009351182
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
Sub-Saharan African states urgently need expanded and more dynamic private sectors, more efficient and effective infrastructure/utility provision, and increased investment from both domestic and foreign sources. Privatization is one way to address these problems. But African states have...
Persistent link: https://www.econbiz.de/10005570284
most important driver of changes in GDP growth for both the US and other advanced economies. When applied to real-time data …
Persistent link: https://www.econbiz.de/10011145426
This paper investigates the channels through which colonial origin affects economic outcomes in sub-Saharan Africa (SSA). It focuses on four key channels of transmission namely, human capital, trade openness, market distortion and selection bias. In contrast with previous studies where only...
Persistent link: https://www.econbiz.de/10008516088
In this chapter I discuss historical estimates of GDP at both the national and the regional level, and their … societies, GDP has stronger informative power in those contexts where industry and services, and market exchange, retain the … construct GDP constant price (Laspeyres) indices (the latter issue may be less widely recognized, but it may have a remarkable …
Persistent link: https://www.econbiz.de/10010875710
products (GDP) of Central and Eastern Europe (CEE) countries. Through a regression model we look for a correlation between … for investors who wanted to expand and to grow their businesses. Is there a significant relationship between FDI and GDP …? What is its impact? Does FDI have a direct impact over GDP in CEE countries? …
Persistent link: https://www.econbiz.de/10010632414
This paper explores two traditions of optimism in economics. In one of these traditions optimism is based on the comprehension of a spontaneous (and often progressive) order in a decentralised (or market) economy – what I will call the optimism of the “invisible hand”. Against the optimism...
Persistent link: https://www.econbiz.de/10005187836
South Africa's democratic transition in 1994 created expectations of a dramatic turnaround in the economic performance. Trade and financial sanctions and internal political opposition to the apartheid government had contributed to the poorest ten-year growth performance (1984 - 1993) since the...
Persistent link: https://www.econbiz.de/10005650432