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respect to prospects for development. Preliminary assessment shows that the aftershocks of the global meltdown have affected … rebalancing may negatively affect economic growth prospects in Africa. Short-term policy should therefore focus on expanding … as employment protection. The challenge for Africa should not consist simply of ensuring that national economies return …
Persistent link: https://www.econbiz.de/10010838678
The global economic crisis beginning in 2008 has come at a very inopportune time for Africa. Sub-Saharan Africa (SSA … the same period for South East Asia and India, for instance. Meanwhile, human development had also resurged since the mid …
Persistent link: https://www.econbiz.de/10010280127
Persistent link: https://www.econbiz.de/10011482208
the economies of Sub-Saharan Africa. In order to co-ordinate and craft the most appropriate responses for African … indices are constructed for the continent and individual countries. It is shown that, of all developing regions, Africa is the …
Persistent link: https://www.econbiz.de/10008622084
How responsive are remittances to various disasters, both natural and human-made? And would remittances be affected by systemic financial crises (such as the 2008/09 financial crisis)? Using panel data on 23 Sub-Saharan African (SSA) countries over the period 1980 to 2007, we find that...
Persistent link: https://www.econbiz.de/10010856380
How responsive are migrant remittances to various disasters, both natural and human-made? Would remittances be affected by systemic financial crises, such as the 2008–09 financial crisis, or more recent crises affecting the Eurozone? Using panel data on 23 sub-Saharan African (SSA) countries...
Persistent link: https://www.econbiz.de/10010866405
in economic growth in the emerging and frontier market economies in Africa. The record growth performance of gross … domestic product of about 6 percent per annum that Africa had experienced during 2002–07 has been seriously interrupted. The … consequences on employment and poverty of this interruption could be dire. In the end, the economic impact of the crisis on Africa …
Persistent link: https://www.econbiz.de/10011139748
This paper examined the long memory features of GDP per capita data before the global financial crisis, using a sample of 26 African countries. The study employed fractional integration and tested the stability of the differencing parameter across the sample period for each country. The results...
Persistent link: https://www.econbiz.de/10011482608
The paper uses a unique database covering 44 countries in sub-Saharan Africa (SSA) countries between 2000 and 2007 to … private capital flows could affect growth. In our sample, the degree of financial market development is an important …
Persistent link: https://www.econbiz.de/10008528679
This paper examined the long memory features of GDP per capita data before the global financial crisis, using a sample of 26 African countries. The study employed fractional integration and tested the stability of the differencing parameter across the sample period for each country. The results...
Persistent link: https://www.econbiz.de/10011470706