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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 ...
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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 De...
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"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 ...
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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 u...
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"The Legislative Alert argues the current system of levying taxes through fuel price to pay the Tema Oil Refinery Debt is seriously flawed. Not only is the process cumbersome and inefficient, but it also puts an unnecessary burden on consumers. Th...
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"This Legislative Alert draws attention to African countries’ addiction to foreign aid. It points out that this has not entirely helped the continent’s development because aid has been inadequate and has increased Africa’s indebtedness with consid...
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"More than half a century after independence, the Ghanaian economy remains dependent on cocoa and gold for its survival. The country has failed to diversify the economy's production base all these years. In essence, the economy has retained its c...
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The paper points out that African countries have become addicted to foreign aid. This has not, however, entirely helped their development because not only has aid been inadequate but it has also increased Africa’s indebtedness with considerable se...
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"This paper analyzes the Heavily Indebted Poor Countries' Initiative (HIPC) with a focus on the experiences of countries such as Uganda and Bolivia that have had the most experience with the program. It was written at a time when Ghana was conside...
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The motivation of this study is the recently launched global agenda of SDGs goals (17.4) that proposes to “ Assist developing countries in attaining long-term debt sustainability; this is to be attained through coordinated policies aimed at foster...
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"Following three decades of economic mismanagement and decline, Zambia has experienced sustained economic growth since the turn of the century. The combination of rapid growth, reduced public expenditure, increased mining taxation and debt relief ...
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In ‘Eurobonds: Weighing Risks against gains’ there has been recent media speculation about the government issuing another Eurobond – the third in two years. This has resulted in apprehensions in some quarters of the economy regarding the risks ass...
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Particularly prevalent among African officialdom, there is a disturbing mindset, that somehow development is impossible without the intervention of foreign aid. The former President of the Republic of Zambia, Kenneth Kaunda, wept before the Genera...
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"In recent times there has been debate on Zambia’s steadily growing external debt. This comes in the wake of debt relief efforts of the Highly Indebted Poor Country (HIPC) and Multilateral Debt Relief (MDR) initiatives which saw a reduction of th...
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"The HIV/AIDS pandemic has been perhaps the worst health challenge in recent history killing approximately 22 million people. In 2005, 3.1 million people died of AIDS related illnesses; an estimated 2 million come from Sub-Saharan Africa. Signific...
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"Africa possesses enormous economic development potential. It has abundant natural resources, growing consumer power and favourable demographics. The BRICS are also becoming significant investors in Africa, especially in the manufacturing and serv...
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"The Africa rising narrative will benefit from improved Official Development Assistance (ODA) hence will call upon the donor countries to ensure that they increase their ODA as it directly works towards poverty eradication. ODA should be used to i...
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"Unsustainable debt has contributed to the social problems facing the Highly Indebted Poor Countries (HIPCs) and non-HIPC countries alike. Not only has it slowed economic growth, it has also restricted the “fiscal space” available for investment i...
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"This study has made a number of pertinent observations. Significant is that domestic debt in Zambia has, in the past five years, been increasing at a high rate in nominal terms but in GDP terms has been on the decline. This is against a backgroun...
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"This study clearly demonstrates Tanzania’s ecological debt by analysing the concept in the Tanzanian context. The study demonstrates how Tanzania, as a country has taken up activities that are ecologically destructive in-order to meet her debt ob...
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