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Making the Millennium Challenge Account Work for Africa

President Bush has been rightly lauded for his visionary initiative to establish a Millennium Challenge Account (MCA) that would increase U.S. resources directed toward the most promising development investments. The administration's proposal to use…

Doing business in Latin America

Economic growth in Latin America has been cyclical. Unsustainable growth rates have earned the region a reputation of being an unstable long-term investment destination. Despite this, enormous business potential exists in Latin America. There are a …

SAIIA Southern Africa Record no 63

This Southern Africa Record contains the following texts: AFRICA – GENERAL: African Charter for Popular Participation in Development and Transformation, Arusha, Tanzania, 12-16 February 1990; The Abidjan Declaration on Debt Relief, Recovery and Demo…

Growth and Foreign Debt: The Ugandan Experience

"This paper analyses Uganda’s external debt problem. Like many other countries in the sub-Saharan Africa, Uganda is a severely indebted low-income country. Uganda’s total debt stock at end June 1993 was estimated at US$2.64 billion, with a debt se…

The Lomé Convention: Where is it heading?

The Lomé convention governs relations between 70 African, Caribbean and Pacific countries, all former colonies of members of the European Union. Most of these countries are in Africa. This update looks at the reasons for the existence of the Conve…

Final Report for African Economic Research Consortium (AERC) Collaborative Research Project on Impact of China-Africa Aid Relations: the Case of Sudan

"This project provides an in-depth case analysis of Chinese aid and development assistance as well as international aid to Sudan and explains that aid constitutes one of the key channels through which the impact of China economic growth are transmit…

Macroeconomic Approach to External Debt The Case of Nigeria

"One of the greatest problems facing many Sub-Saharan African countries today is the amount of their external indebtedness. The external debt problem is becoming more acute for a number of reasons. First, the size of the debt relative to the size…

Botswana's Debt Sustainability: A Brief Narrative

" This paper examines the financial and by extension the economic sustainability of the existing debt using non-technical analysis and a simplified narrative.The motivation of this note was to shed light on the extent to which one should worry abou…

Think Small: The Example of Small Grants, in Madagascar

"Small grants are out of fashion – in big countries. As G8 industrialised nations move towards their target of doubling foreign aid to Africa by 2010, development policy has been revamped to accommodate a steep increase in aid budgets. Big money ne…

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