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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 ...

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 Con...

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 transm...

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 si...

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 u...

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 ...

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 De...

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 ...

Creating and Wasting Fiscal Space: Zambian Fiscal Performance 2002–2011

"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 ...

The ZIPAR Quarterly Issue 2

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...

Development Without Aid

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...

Harnessing Zambia’s External Debt for Development

"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...

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 ab...

Macroeconomic Policy Impacts on the fight against HIV/AIDS in Ghana

"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...

BRICS in Africa, Consolidating the Gains of Partnerships Multi-Stakeholder Workshop

"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...

ODA neglecting poorest countries in the Sub-Saharan Africa

"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...

Debt Sustainability Analysis: National Consultation - Uganda

"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...

Domestic Debt Management in Africa: The Case of Zambia

"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...

Ecological Debt: The Case of Tanzania

"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...

The PRGF and Fiscal Space in Malawi

"The purpose of this study is to assess whether the fiscal space in Malawi has increased as a result of the implementation of the Poverty Reduction and Growth Facility (PRGF) programme and, if so, whether it has contributed to the implementation o...

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