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Quantifying the Road Influence Zone on Socio-economic Development in Rural Tigray, Ethiopia

Rural roads are very important for economic development, especially in rural areas. Empirical studies confirmed that rural roads provide safe and efficient human mobility, enhance access to markets for inputs such as fertilizers and improved seeds, …

Assessing Transition to Stability, Fiscal Sustainability and Provision of Peace Dividend in South Sudan

The study argues that classic definition of a fragile state fits the situation in South Sudan because this country has been unable, since independence, to provide public and social services in sufficient quality, scope and reach. This has made it di…

Poverty and Inequality Analysis in the IGAD Region: Regional Profile and Country Status

This paper assesses the extent of poverty and inequality in the IGAD region. It also assesses the decomposition of poverty and empirically analyze the determinants of multidimensional poverty for each member States. The global Multidimensional Pov…

Macroeconomic Performance and State of Industrialisation in IGAD 2017: Annual HESPI Economic Report on IGAD

HESPI’s 2017 flagship annual report constitutestwo parts. The first part is an overview of the macroeconomic environment in the Inter-Governmental Authority on Development (IGAD) region and the second part presents the status of industrialization in…

The Republic of South Sudan: Progress, Prospects and Challenges of Regional Integration

Belonging to one or more regional blocks is very popular in Africa as could be seen from the plethora of multiple membership of countries. South Sudan is no exception in such effort. The purpose of this research is to assess the extent to which the …

Government of the Republic of South Sudan: Assessment of Public Financial Management based on the Public Expenditure and Financial Accountability Framework (PEFA)

This study assesses the economic environment surrounding public finance operations of the Government of the Republic of South Sudan (GSS); the institutions, laws, regulations, and standards used by the government in the PFM process; the budget pla…

The Prospects and Challenges of Islamic Microfinance in the IGAD Region

There is wide range of evidence-based research support that Islamic Microfinance (IsMF) or interest-free microfinance is found to be instrumental to reach the marginalized and religiously observant Islamic poor. The scheme prohibits paying pre-deter…

Do Tax Structures Optimize Private Fixed Investment in Sub-Saharan Africa? A Data Envelopment Analysis

"The paper discovers a tax structure that optimizes Private Fixed Investments (PFI) in Sub-Saharan Africa (SSA). It applies Data Envelopment Analysis technique to drive a country-by-country and a year-on-year PFI efficiency scores (for each of the …

Understanding the Total Factor Productivity Shortfall in Sub-Saharan Africa

"Some argue that Sub-Saharan Africa (SSA) is unique and the fundamental policies and institutions that govern income or productivity variation across countries do not explain the total factor productivity (TFP) shortfall within SSA. This study puts …

Small and Medium Enterprise Access to Finance in Ethiopia: Synthesis of Demand and Supply

"In this paper, we analyze the financing gap of SMEs in Ethiopia and recommend ways of addressing the financing gap. Specifically, the study addresses a) the financing needs and financing options of SMEs in Ethiopia, b) Key constraints of SMEs acces…

Exploring Economic Growth Potential through Infrastructure Collaboration: The Case of Kenya and Sudan

"The paper is organized as follows. After the introductory note, section two will briefly outline some salient features of the Kenyan and Sudanese economies, particularly their energy structure. The third section will briefly review the literature r…

Effects of Regional Trade Agreements on Strategic Agricultural Trade in Africa and its Implications to Food Security: Evidence from Gravity Model Estimation

"The problems of African agricultural development have been at the forefront of the debate on Africa’s development since the Lagos Plan of Action in 1963. During the 2004 AU meeting in Sirte, Libya and subsequently in the 2006 AU/NEPAD Summit on Foo…

Assessment of Economic Integration in IGAD

"This study seeks to assess the progress made so far and the challenges that face regional integration process in the Horn of Africa with especial emphasis on IGAD; and it provides a roadmap to enhance the regional efforts beyond the creation of fre…

Seed Systems and Climate Change: Exploring Perceptions and Options for Building Resilience of Farmer Seed Systems in Uganda

"Given the challenges facing agriculture resulting from climate change, building resilience is a priority. Seed systems are an important area for enhancing such resilience as seed security has direct links to food security, and resilient livelihoods…

Economic Growth in the Horn of Africa: Identifying Principal Drivers and Determinants

"The Horn of Africa countries had poor economic growth for many decades before the 2000’s. Various studies were conducted to uncover the factors responsible for the poor economic performance and divergence from the developing regions. Opinions varie…

Composition of Growth and Alleviation of Income Poverty and Child Undernutrition in Sub-Saharan Africa

"This paper analyzes how the size and composition of growth are correlated with poverty reduction. Unlike most studies that focus only on income poverty, this study uses both income/consumption poverty and child undernutrition in the analysis, and e…

Regional Integration and Trade in Africa: Augmented Gravity Model Approach

"Despite the existence of many regional economic communities (RECs) in Africa, intra-regional trade remains staggeringly low compared to other trading blocs in Europe, Asia and Latin America. Hence this study tries to uncover the main factors behind…

Is the Ethiopian Birr Overvalued? A Sober Assessment

"The purpose of this short paper is to answer the question by examining whether the Birr is misaligned or it is close to its equilibrium value as determined by macroeconomic fundamentals. To do so, the paper estimates what is called the fundamental …

Microfinance Institutions in Ethiopia, Kenya and Uganda: Loan Outreach to the Poor and the Quest for Financial Viability

Loan outreach—financial viability nexus is among the unsettled issues in microfinance literature: unyielding stance favoring viability for increased outreach to the poor (depth) versus a trade-off view justifying subsidized Microfinance Institutions…

Economic, Social and Political Developments and challenges in IGAD Region Conference Proceedings, October 23-25, 2014, Addis Ababa, Ethiopia

"The proceeding is divided into seven parts. Part one deals with Foreign Direct Investment. In this part, two papers are presented. Part two is on Food Security in which issues ranging from impact of remittance, regional trade and other relevant iss…

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