Showing 1 - 10 of 1,390
EXECUTIVE SUMMARY Context: Sudan is a fragile state mired in a heavy debt burden, international sanctions, and volatile … Sudan in 2011, resulting in the buildup of large economic imbalances. The authorities have embarked on a stabilization … program and are expecting that a return of peace in South Sudan will ensure continuation of oil flows, which are crucial for …
Persistent link: https://www.econbiz.de/10011243236
The Comprehensive Peace Agreement (CPA), which was signed by the government of Sudan and the Sudanese People …’s Liberation Movement (SPLM) ended more than 20 years of civil war. According to the CPA, the Sudan’s government has 50% of the oil … about 30% of the total oil production in Sudan. In January 2011, the people in southern Sudan have voted for separation from …
Persistent link: https://www.econbiz.de/10010909408
four case studies on Egypt, Somalia, Sudan, and Yemen. It argues that food security-related policies and programs build …
Persistent link: https://www.econbiz.de/10011114824
Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat strong when using non-standard inference methods; (ii) when...
Persistent link: https://www.econbiz.de/10011242179
The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of...
Persistent link: https://www.econbiz.de/10011242354
This Selected Issues paper for Kenya, Uganda, and United Republic of Tanzania highlights their private sector credit markets, identifies their main obstacles in promoting credit to the private sector, and suggests a reform strategy. If the East African Community (EAC) countries decide to pursue...
Persistent link: https://www.econbiz.de/10011245798
A long-term objective of the East Africa Community treaty is to form a monetary union. This paper tests the viability of this proposal using a model of government finance that minimizes the social cost of financing government expenditure. The results indicate that the policies of these countries...
Persistent link: https://www.econbiz.de/10008503561
TARGET2 ist seit gut einem Jahr Zielscheibe massiver akademischer Kritik. Wir legen dar, dass TARGET2 keiner Veränderungen bedarf. Die Salden sind keine echten Kredite und sollten nicht als solche betrachtet werden. Die zugrunde liegenden ökonomischen Probleme sind weder hinreichend noch...
Persistent link: https://www.econbiz.de/10010551393
Die Banken- und Staatsschuldenkrise im Euroraum deckte wesentliche Strukturdefizite der Europäischen Währungsunion (EWU) auf und stellt nationale wie europäische Entscheidungsträger vor nie dagewesene, unvorhergesehene Herausforderungen. In diesem unsicheren Rahmen agiert ebenfalls die...
Persistent link: https://www.econbiz.de/10010984517
Persistent link: https://www.econbiz.de/10004998714