The importance of the monitoring and evaluation (M&E) function within public administration has been magnified by the growing voice of civil society, which has brought the issues of good governance and more effective public administration to the fore. The global trend towards more accountable,...

The Africa competitiveness report 2011 comes out as the world emerges from the most significant financial and economic crisis in generations. While many advanced economies are still struggling to get their economies back on a solid footing, Africa has, for the most part, weathered the storm...

The publication of this year's Africa Competitiveness Report 2007 (ACR) marks a new level of cooperation in Africa. It is the first report on the region's business environment to present a dual perspective based on a combination of aggregate perception data and firm-level data capturing the...

African development finance institutions (DFIs) can play an important role in addressing market failures in credit markets. However, in spite of their importance, very little is known about them. This paper contributes to fill this gap by assessing the compliance of African DFIs with...

Understanding the effect of oil wealth on democracy is important. National democratic institutions provide a check on governmental power and thereby limit the potential of public officials to amass personal wealth and to carry out unpopular policies. Democracy promotion has thus been at the top...

We develop a global vector autoregressive model (GVAR) to analyze the globalgrowth spillover e¤ects on Africa. The model contains 46 African countries and30 developed and emerging market countries, covering 90 percent of the world econ-omy. The results suggest that there is a signi…cant growth...

This paper presents a macroeconometric model of Rwanda. The modelis constructed to analyze the macroeconomic e¤ects of various policy interventions.It captures the supply constrained nature of the economy as well as its dependenceon the external sector. The individual equations of the model are...

Africa has enjoyed over a decade of sustainable growth where regional growth has exceeded the global average and per-capita income for the region is steadily increasing. During the past decade sub-Saharan Africa was home to six of the ten fastest growing economies in the world. However, there...

La présente étude sur la pauvreté en République démocratique du Congo se propose d’analyser la répartition spatiale de la pauvreté afin de pouvoir identifier les provinces qui sont les plus affectées ainsi que le degré de cette disparité. La source principale des données utilisées...

L'objectif principal de ce papier est de mettre en évidence le rôle de la politique économique et des facteurs institutionnels dans le développement des marchés obligataires en monnaie locale dans les pays de la zone Franc CFA. Nous constatons d’une part que ces pays ne remplissent pas la...