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Financing of Infrastructure

"In response to the global financial crisis of 2008–09, banks radically cut back on lending, especially for long-term projects. Governments worldwide, gambling on a big positive multiplier effect on aggregate demand, increased fiscal spending thr...

From 'Crowding out to Crowding in': Towards an Institutional Analysis of Adaptation Funds

"Quantifying the cost of funding adaptation to climate change (‘adaptation finance’) is difficult. There is a broad range of estimates, with the UN suggesting an annual requirement of $49–171 billion by 2030. The issue becomes more complicated wh...

SAIIA Newsletter vol. 8, no. 1, 1976

This newsletter contains four articles and three brief reports: Ian M. Hume’s article discusses the World Bank and its assistance to Africa. It gives a general outline of the Bank and its structural framework and structure of operations before foc...

The Global Fund to Fight AIDS, Tuberculosis and Malaria: Its Impact in Sub-Saharan Africa and Implications for France's G8 Presidency

"The Global Fund to Fight AIDS, Tuberculosis and malaria is a public-private partnership established in 2002 to mobilize and disburse resources to prevent and treat HIV/AIDS, TB and malaria in mid and low income countries in parts of Africa, the C...

Citizen Entrepreneur Mortgage Assistance Equity Fund ( CEMAEF)

"The objective of the Citizen Entrepreneur Mortgage Assistance Equity Fund (CEMAEF) is to mitigate the process whereby citizen investments in commercial/industrial properties and land facing foreclosures by the lending institutions are easily acqu...

Estimating an Earnings Function from Coarsened Data by an Interval Censored Regression Procedure

This paper estimates an earnings function where the dependent variable is a mix of point and interval data using an interval regression model based on a pseudo-maximum likelihood estimation procedure. The analysis uses the 1999 OHS, and takes in...

Fragile Stability: Post-Apartheid South Africa

Despite the international recognition and praise that South Africa received in 1994 for organizing its first free and fair, multiracial presidential elections, the country continues to exhibit increasing signs of state fragility on a number of dif...

Algeria's Economy: The Vicious Circle of Oil and Violence

The crisis in Algeria, now a decade old, is not merely a consequence of the interruption of the December 1991 elections by an army-backed coup to keep the Front Islamique du Salut (FIS: Islamic Salvation Front) from power. It is also an economic c...

Aid to Africa: What can the EU and China Learn from Each Other?

"With China’s increasing role in Africa, the issue of aid to Africa has been high on the China–EU agenda and the subject of considerable debate. This occasional paper focuses on one area of potential co-operation, i.e. China’s and the EU’s aid po...

Development Aid for Infrastructure Investment in Africa: Malian relations with China, the European Commission and the World Bank

"This paper compares the terms of a selection of infrastructure aid contracts entered into by the government of Mali with both ‘traditional’ and ‘non-traditional’ donors. It asks whether these forms of aid, conventionally considered to be dichotom...

SAIIA Newsletter No. 5, 1971

This newsletter contains several articles and brief reports. Sir Arthur Snelling’s article presents a “a personal view of Africa” which does not represent the views of the British Government, which at present differ more about policy towards Sout...

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 ...

AERC Scoping Studies on China-Africa Relations: A Research Report on Zimbabwe

"This paper seeks to explore Zimbabwe’s growing relationship with China. This will be done by giving a brief overview of the deepening political relations. The paper will then analyse economic and commercial ties between the two nations and the im...

China – Africa Relations: A Case Study of Ghana

"There is a huge research gap in understanding the channels through which the trade, investment and aid relations between these Asian countries and Africa affect these sub-sectors and also their resultant impact on economic growth and poverty red...

AERC Scoping Studies on China Africa Economic Relations : The Case of The Gambia

"The relationship between The Gambia and Taiwan has been cordial and multifaceted, since the resumption of diplomatic relations in 1995. It is based on shared common understanding and mutual respect. These have been shaping the relations of the ...

AERC Scoping Studies on China-Africa Economic Relations: The Case of Tanzania

"The lessons drawn here have been extracted from broader studies which have analyzed the China-Africa relations. However, in order to assess their validity to the Tanzanian case it is important, therefore, to commission a country study which will...

African Development in the Context of New World Trade and Financial Regimes: The Role of the WTO and Its Relationship to the World Bank and the IMF

"While mindful of the potentially positive consequences of globalization for Africa, this paper posits that conscious policies are required to ensure that trade openness and increased private capital inflows lead to enhanced and sustained growth. ...

Exchange Rate Policy and Economic Reform in Ethiopia

"This paper summarizes the macroeconomic consequences of an over-valued currency. It describes the extent of foreign exchange misalignment in Ethiopia and its impact on the foreign exchange rate and the premium obtained through commodity smuggling...

External Aid Inflows and the Real Exchange Rate in Ghana

"This paper develops an empirical model for Ghana’s real exchange rate with special focus on foreign aid. The novelty of this study is the interfacing of exports with a policy environment, using aid as proxy, to see how it affects export performa...

The Cost of Aid Tying to Ghana

"This study investigates the prices of tied foreign aid imports by estimating the price differentials between tied aid imports and non-aid imports from bilateral sources to Ghana. The study finds a significant mark-up on the prices of tied aid im...

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