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Investing in Electricity, Growth, and Debt Sustainability : The Case of Lesotho
Andreolli, Michele - 2016
This paper analyses a large public investment in a construction of a hydropower plant in Lesotho and its implications on the growth and debt sustainability. The paper employs an open economy dynamic general equilibrium model to assess the benefits of a large public investment through...
Persistent link: https://www.econbiz.de/10012977843
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Which Comes First — Urbanization or Economic Growth? Evidence from Heterogeneous Panel Causality Tests
Liddle, Brant - 2015
Heterogeneous panel causality tests are employed to consider the relationship between urbanization change and economic growth (i.e., differenced logged GDP per capita). Income and geography-based panels demonstrated substantial variation in that relationship. Urbanization caused economic growth...
Persistent link: https://www.econbiz.de/10013032795
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Special economic zones and transnational zones as tools for Southern Africa's growth : lessons from international best practice
Karambakuwa, Roseline T.; Matekenya, Weliswa; Mishi, Syden - 2020
The paper evaluates strategies for developing successful special economic zones and transnational zones for Southern African countries to spur growth and employment. Most special economic zones implemented in Southern Africa have largely failed to bring adequate growth and employment due to...
Persistent link: https://www.econbiz.de/10012405620
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Corruption, Investment and Economic Growth in Developing Countries : A Panel Smooth Transition Regression Approach
2019
This article studies from a sample of 110 countries between 2006 and 2016, the relationship between Corruption, investment and growth. Using the Panel Smooth Transition Regression (PSTR), we show that there is a non-linearity between growth and investment versus corruption, characterized by a...
Persistent link: https://www.econbiz.de/10012900316
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Tracking Under-Reported Financial Flows : China's Development Finance and the Aid-Conflict Nexus Revisited
Strange, Austin - 2015
China's provision of development finance to other countries is sizable but reliable information is scarce. We introduce a new open source methodology for collecting project-level development finance information and create a database of Chinese official finance to Africa from 2000-2011. We find...
Persistent link: https://www.econbiz.de/10013022094
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Tracking Under-Reported Financial Flows : China's Development Finance and the Aid-Conflict Nexus Revisited
Strange, Austin; Parks, Bradley; Tierney, Michael J.; … - 2018
China’s development finance is sizable but reliable information is scarce. To address critical information gaps, we introduce a new open source methodology for collecting project-level development finance information and create a database of Chinese official finance to Africa from 2000-2011....
Persistent link: https://www.econbiz.de/10014149526
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Political Stability and Economic Development in the New Nation of South Sudan
Mohamed, Issam A.W; Akongdit, Addis - 2012
The newly born, one year old State of Southern Sudan faces multiple challenges, economic, administrative, ethnic and most of all, civil conflicts with its previous mother country, Sudan. Building a state is an arduous mission and building a nation comprised of many ethnicities is the most...
Persistent link: https://www.econbiz.de/10014040250
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Chapter 63 Development Aid and Agriculture
Herdt, Robert W. - In: Handbook of agricultural economics : volume 4, (pp. 3253-3304). 2010
development, irrigation, research, extension, and higher education. However, except for the World Bank's Operations Evaluation … farmers or national economies. It is impossible to conclude, from the evaluation literature, whether agricultural aid … makers to place too much credence in the results of impact evaluation studies because there are few consistent results …
Persistent link: https://www.econbiz.de/10014024056
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Should Africa industrialize?
Page, John - 2011
Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 and 2005 the size, diversity and...
Persistent link: https://www.econbiz.de/10010330121
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Impact of foreign aid on economic growth in Sierra Leone: Empirical analysis
Kargbo, Philip Michael - 2012
This paper examines the impact of foreign aid on economic growth in Sierra Leone, a country where an empirical econometric study on aid effectiveness is yet to exist. Using a triangulation of approaches involving the ARDL bounds test approach and the Johansen maximum likelihood approach to...
Persistent link: https://www.econbiz.de/10010333088