Recent debates amongst civil society organizations focusing on the governance of multilateral development banks have expressed some concerns regarding institutional capacities to ensure project quality-at-entry in line with key developmental issues. The present paper delves upon the African...

This paper investigates the competitiveness of the four economies. The second section briefly examines competitiveness through the macroeconomic performance or the ability these countries had to promote, over the past decades, a sustainable external and internal balance. Section 3 is devoted to...

The financial and economic crisis of 2008and 2009 has taken its toll on the SouthAfrican economy. The economy contractedfor the first time since 1998, and enteredrecession during the fourth quarter of 2008.The GDP contraction was soon transmittedto the labor market. Between the secondquarters of...

South Africa lost more than 890,000 jobs, but saw an increase in the number of skilled workers from 1989 to 1999. We argue that this is the consequence of well-documented acute apartheid-era distortions which led to a current coordination failure where (i) firms are locked into a mostly...

We develop a model where blacks in the private sector earn no returns to education if there are relatively too few educated blacks. Using a sample of black females in the late apartheid KwaZulu to control for labour market specific effects, we find that more than a fifth of labour market...

La Banque Africaine de développement répartit son aide au développement entre pays selon une formule qui repose principalement sur la qualité de la politique économique et de la gouvernance des pays bénéficiaires. L’objet de ce rapport est d’examiner comment faire évoluer la formule...