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In a bid to realize its development aspirations, Tanzania has made concerted efforts to increase public investment, particularly in the last decade. A significant proportion of these investments are financed by contracting debt, manifested by the rapid accumulation of public debt, especially...
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This paper examines trends and determinants of gross domestic savings in Tanzania using data for the period 1990-2020. The autoregressive distributed lag approach is employed to empirically analyse the short-run and long-run relationships. There has been a fairly stable increase in the domestic...
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COVID-19 cases were first confirmed in March 2020 in Ghana, Kenya, and South Africa. These countries put in place several stringent measures, including lockdowns, to contain the spread of the virus. Various policies were also rolled out to address the disruption in economic activities, to...
Persistent link: https://www.econbiz.de/10014477550
Growth in service exports has improved countries' per capita incomes, reduced over-reliance on goods exports, and promoted economic diversification. However, the growth has not been uniform across regions and countries. Africa lags behind in service exports. This paper examines the...
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