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This paper examines the impact of oil price on economic growth in seven low-income oil-importing sub-Saharan African (SSA) countries, namely Ethiopia, Gambia, Mali, Mozambique, Senegal, Tanzania and Uganda. Using panel-Auto Regressive Distributive Lag (panel-ARDL), we examined the impact of oil...
Persistent link: https://www.econbiz.de/10012220940
The aim of this paper is to analyse some macroeconomic channels operating in a war economy. At the theoretical level, the effects of such war on the key economic variables capital, technology, uncertainty, and the government's fiscal deficit are discussed before proceeding to the analysis of...
Persistent link: https://www.econbiz.de/10014136357
of monetary policy. He looks at the relationship between the growth of GDP and different monetary aggregates in 20 sub … growth to the growth of real GDP in these countries …
Persistent link: https://www.econbiz.de/10013141129
Persistent link: https://www.econbiz.de/10013553305
GDP growth. The abnormal increase in credit supply decreases real GDP per capita during the global financial crisis. The … abnormal increase in domestic credit to private sector has a significant positive effect on GDP per capita when there is strong … negative effect on real GDP growth when there is strong legal system quality in Nigeria. The abnormal increase in credit supply …
Persistent link: https://www.econbiz.de/10014258285
The present paper explores the extent to which new joint General Budget Support (GBS) systems have been able to overcome the problems of aid dependency and negative fiscal incentives that can potentially result from high levels of on-budget aid. As approximately 90 percent of new joint GBS goes...
Persistent link: https://www.econbiz.de/10009405113
Africa: A continent is waking up. Not through aid or wealth from the exploitation of natural resources, but through a technological revolution. The access to affordable mobile telecommunication. Inspired by deregulation and pioneered by local champions who have taken a lead in what is today's...
Persistent link: https://www.econbiz.de/10010245059
Purpose - The purpose of this study is to investigate the impact of remittances on economic growth of least developed countries in Sub Saharan Africa (SSA). Design/methodology/approach - This study made use of annual data for the period of 1974 to 2017. It employed a time series model referred...
Persistent link: https://www.econbiz.de/10012839374
inflows is a U-shape. Third, a minimum trade openness (imports plus exports) threshold of 100 (% of GDP) and 200 (% of GDP) is … economy below critical masses of 28.571 of Net FDI inflows (% of GDP) and 33.333 of net FDI inflows (% of GDP) for first and …
Persistent link: https://www.econbiz.de/10012301751
This paper shows that ethnically remote locations do not reap the full peace dividend from increased market access. Exploiting the staggered implementation of the US-initiated Africa Growth and Opportunity Act (AGOA) and using high-resolution data on ethnic composition and violent conflict for...
Persistent link: https://www.econbiz.de/10013537756