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This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory, econometrics, and practitioners' insights to come up...
Persistent link: https://www.econbiz.de/10011432659
This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory, econometrics, and practitioners' insights to come up...
Persistent link: https://www.econbiz.de/10014407765
Resilient growth is observed in 2012 in Seychelles. Weakness in tourism has been offset by increases from less … Seychelles. The banking system remains solid and continues to maintain healthy capital adequacy ratios. Despite strong program … performance, Seychelles remains highly vulnerable to external shocks …
Persistent link: https://www.econbiz.de/10014395401
This book describes the reforms needed to move small middle-income countries in sub-Saharan Africa to advanced-economy status. The result of intense discussions with public officials in the countries covered, the book blends rigorous theory, econometrics, and practitioners' insights to come up...
Persistent link: https://www.econbiz.de/10012682863
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10012693413
Seychelles was hit hard by the COVID-19 crisis. The authorities reacted swiftly, by locking down the economy, thereby …, and GDP contraction. As soon as vaccines became available, Seychelles led the world in vaccination coverage and reopened …
Persistent link: https://www.econbiz.de/10012697869
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on 'the effect of foreign aid on corruption' has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53 African...
Persistent link: https://www.econbiz.de/10011409264
The main thrust of this study has been to provide empirical illuminations to the debate on the effectiveness of foreign aid in driving sustainable growth and development. Using an extended Barro style model of aid-augmented government expenditure and economic growth, an analytical model is...
Persistent link: https://www.econbiz.de/10011843944