This study uses survey data to examine the operations of the agrarian credit market,formal and informal, in Sudan under conditions of recent economic liberalization and Islamization; the latter does not allow interest rate fixing. In addition to descriptive analysis, the study specifies and...

The Malawi kwacha was floated in February 1994. Since then, the Reserve Bank of Malawi (RBM) has periodically intervened in the foreign exchange market. This report analyses the effectiveness of foreign exchange market interventions by RBM. We used a generalized autoregressive conditional...

This research study attempts to quantify probable macroeconomic effects of demographic changes in Kenya given the available evidence that Kenya is going through a demographic transition. First, the study establishes linkages between demographic variables and sectoral government expenditures...

The aim of this study was to evaluate the impact of preferential trade agreements and the monetary union on bilateral trade between UEMOA member countries. With the use of a dynamic gravity model, it was possible to realize that membership in a common monetary zone and the implementation of...

This study estimated an error correction model of the impact of real effective exchange rate volatility on the performance of non-traditional exports for Zambia between 1965 and 1999. Using a generalized autoregressive conditional heteroscedasticity (GARCH) measure of real exchange rate...

En utilisant des micro et macro-economiques et a partir des techniques parametriques et non-parametriques, le document presente des applications empiriques des diverses mesures du developpement du marche boursier.

The paper analyses the effects of trade and exchange rate policies on Cameroon's agriculture. Theoretical models and formulas are developed for empirical analysis.

The Tanzanian economy has experienced many internal and external shocks since the late 1970s. All sectors of the economy have been affected by the shocks, whose manifestations have been, among other things, large budget deficits and an imbalance between productive and non-productive activities....

There is a substantial and unmet need for PhDs in various aspects of economics in Ghana. To estimate the need for PhD trainig in Ghana, we interviewed over 50 individuals and heads of establishment in about 30 organizations in the public and private sectors.

This paper tests the monetary approach to Zimbabwe's balance of payments during the period 1980 to 1991. It examines whether excess money supply played a role as a disturbance using multivariate cointegration and error-correction modelling.