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Import Demand in Ghana:Structure Behaviour and Stability

"This study analyses the structure of, and model demand for imports into Ghana using time series data from 1967 to 2004. Also, it assesses the long-run and short-run elasticities of aggregate imports and their components, and determines whether the …

Macroeconomic Impact of Capital Flight in Sub-Saharan Africa

"This paper assesses the impact of capital flight on growth in thirty-one sub-Saharan African countries. It first considers the “macro fundamentals” hypothesis that capital flight would be lower in a country whose government adhered to “sound” macro…

Natural Resources and Capital Flight: A Role for Policy?

"This paper investigates the relationship between natural resources and capital flight in the form of tax avoidance from multinational corporations. In particular, it focuses on the spillover effects in terms of tax revenue mobilization and stock ma…

Governance and Illicit Financial Flows

"Insofar that it corrodes governance, engendering opportunistic crimes, grand corruption lies at the core of the problem of illicit financial flows. We identify at least two likely antagonistic circles in the illicit flow process—a virtuous circle a…

The Impact of Economic Performance on Health in Zimbabwe

"The nexus between economic growth and health outcomes has been extensively studied. However the relationship between the two is not clear. Historically, decline in both infant and child mortality rates, and the fall in both male and female adult m…

The Relationship between Health and Economic Growth in Nigeria

"There seems to be a broad consensus that economic growth can definitely lead to improvement in health. For example, economic growth could lead to increased availability of food; increased earnings which makes health spending more affordable; and a…

Impact of Parental Socioeconomic Status on Child Health Outcomes in Kenya

"It is widely acknowledged that a healthy nation is a wealthy nation. However, like most developing countries, Kenya records unfavourable population health indicators. An extensive body of knowledge suggests inter-generational health effects where a…

Spatial Inequality in Cameroon During the 1996-2007 Period

"The overall objective of this paper is to analyze the major features of growth in the Cameroonian economy, and to investigate trends in the evolution of spatial poverty and income inequality in Cameroon during the period 1996-2007, using data from …

Why Northern Ghana Lags Behind in Ghana's Growth and Poverty Reduction Success

"Ghana’s post adjustment growth and poverty reduction performance has been hailed as impressive, albeit with spatial disparities in the distribution of welfare, especially between the north and south of the country. Researchers generally agree that…

Inequality, Poverty, Growth and Institutions: Understanding the Linkages in Kenya

"This Brief analyzes the linkage between inequality, poverty and economic growth in addition to assessing the extent to which growth in Kenya has been pro-poor. It also explores the link between institutions, poverty and inequality. The macroecono…

Pro-poor Growth and Poverty Reduction in Nigeria

"The government of Nigeria has placed poverty reduction at the centre of the country’s economic policy and development programs since independence. Though this was not explicitly targeted in earlier development plans (1962 to 1975) of the country, i…

Growth, Poverty Reduction and Inequality in Ethiopia: The Role of Labor Markets (between 1994 and 2004)

"In poverty literature, poverty reduction in a growing economy is analyzed in association with inequality. Economic growth could be accompanied with growing inequality, or with no change in inequality (distribution neutral growth), or with declining…

Impact of ICT Investment, Ownership and Use in the Cassava Value Chain in South Western Nigeria

"Most of Africa’s peoples live in rural areas where agriculture is the main economic activity. In Nigeria, for instance, agriculture is the occupation of more than 60 per cent of the total work force, providing both formal and informal employment fo…

Challenges Associated with the Development of Oil and Gas Sector in Uganda

"The production of oil poses a number of challenges, including the impact of the potential scale of revenues on consumption patterns, inflation and demand for certain goods and services, and the impact of price and production volume volatility on pu…

Climate Change

"The POLICY FORUM in this edition illuminates one of the most pressing issues of the day – Climate Change – and specifically its impact on sub-Saharan Africa. Climate change, sometimes referred to as global warming, in the context of environmental…

Tax Evasion and Capital Flight in Africa

"Expanding the tax base raises government revenue and is essential for sustainable poverty reduction in African countries. With volatile ODA, FDI, loans, and remittances, domestic resource mobilization via taxes remains a vital source of revenue for…

Strategies for Addressing Capital Flight

"This paper discusses strategies to stem capital flight from African countries. It emphasizes the importance of the distinction between licitly and illicitly acquired capital, and the need to tailor strategies to the specific type of capital flight…

Capital Flight: Measurement and Drivers

"This paper describes the nature of capital flight, the methodologies used to measure it, and its drivers. The paper presents updated estimates of the magnitude of capital flight from 39 African countries for which adequate data are available for th…

Capital Flight and Economic Development in Africa

"This paper takes a broad approach to the analyses and implications of capital flight for economic growth and development in Africa. It provides an overview of why capital flight constrains and undermines economic growth and development in Africa be…

Capital Flight and Flow of Funds

"This paper specifies three asset demand equations in a flow-of-funds framework to underpin the demand for capital flight, domestic money, and foreign debt. The estimation uses data on four groups of African countries over 1970–2010: (1) the entire …

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