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Capital flight remains significant for public officials in East Africa member states, especially since the emergence of the foreign debt crisis and the associated drastic decline in capital inflows from developed nations and Bretton Woods institutions. Given their smaller resource base, debt...
Persistent link: https://www.econbiz.de/10013290603
Inclusive financial systems in any economy cannot be ignored. In fact, it has become a policy strategy in many governments around the world, including East Africa region economies – Kenya, Uganda and Tanzania. Using panel data, this study presents a cross country analysis of the variables that...
Persistent link: https://www.econbiz.de/10013323055
The East African Community members' strategy is focused on achieving smart, sustainable, and inclusive economic growth. This cannot be achieved without the major contribution of skills, knowledge, and innovation, commonly known as human capital formation. It is difficult to believe that these...
Persistent link: https://www.econbiz.de/10014254576
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa. Most existing studies examining the relationship between expenditure and economic growth show conflicting results and mainly focus on aggregate expenditure. Hence...
Persistent link: https://www.econbiz.de/10014264328
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa from 1980-2010. Using balanced panel fixed effect model, government expenditure was disaggregated to scrutinize its effect of growth. The study tested for panel unit...
Persistent link: https://www.econbiz.de/10014264917