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Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … other regions. Furthermore, since monetary policy can range from very transparent to very opaque, we assess Africa''s track … extent of transparency. Our findings suggest that this is a promising line of inquiry because Africa does stand apart from …
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This paper investigates the macroeconomic challenges created by a surge in aid inflows. It develops an analytical framework for examining possible policy responses to increased aid, in terms of absorption and spending of aid - where the central bank controls absorption through monetary policy...
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