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A Cautionary Tale of Zambia’s International Sovereign Bond Issuances

"In recent years, Zambia has been faced with the increased need to plug huge infrastructural gaps. However, the slowing down of bilateral and multilateral financing due to austerity measures in developed economies has made the country diversify it…

Progressivity or Regressivity in Uganda's Tax System: Implications for the Fy2014/15 Tax Proposals

In this paper, insights were provided on the tax-benefit implications of the FY2014/15 tax proposals as well as the 2012/13 income tax reform. While the income tax reform enhanced the progressivity of pay-as-you-earn (PAYE), it resulted in significa…

Integrated Results Based Management in Botswana: Institutions, Documentation and Progress to Date

"This paper analyses Botswana’s efforts at implementing the IRBM system. IRBM is a way of reforming public sectors through helping governments focus on proper, well-timed achievement of relevant goals and objectives. Such reform is carried out throu…

Capital Flight, Safe Havens and Secrecy Jurisdictions

"The terms “safe haven” and “secrecy jurisdiction” are arguably more appropriate than “tax haven” or even “offshore financial center” in discussing capital flight. Florida, for example, is thought to be the main destination for capital flight from …

Inflation Dynamics in Botswana and Bank of Botswana's Medium-Term Objective Range

"This study is motivated by the high and unpredictable episodes of inflation in Botswana over the last 20 years. This is despite the Bank of Botswana's concerted effort to keep inflation at its minimum and stable over time. More specifically, the Ba…

Capital Flight and Monetary Policy in African Countries

"According to conventional economic theory, high interest rates are expected to stem capital flight by raising the relative rate of return to investment in domestic assets. However, African countries have experienced high capital flight over the pas…

The Tax Policy Outlook for Developing Countries: Reflections on International Formulary Apportionment

A retrospective analysis is offered by the author regarding his recently-completed extensive research on the technical feasibility of international formulary apportionment of corporate taxable income, as a replacement for the body of ‘arm’s-length’ …

BIDPA Annual Report 2012-2013

This annual report covers research activities on Trade and International Economics; Macroeconomic Modeling and Forecasting; Microeconomics; Incomes, Welfare and Poverty; and Public Sector Reforms. It then lists publications produced and presents aud…

Note Rapide de Politique Economique / Brief Notes on Economic Policy

This study sheds light on current events from a structural based analysis, to guide with the economic policy measures in the rescue of private companies. The document begins with the following headline: Closing of private investment activities. How …

A Critical Assessment of Aid Management and Donor Harmonisation: The Case of Cameroon

"The aid harmonization process in Cameroon had a good start, even though it is subject to serious constraints linked to the weaknesses of the country’s strategies and institutions, which hinder the alignment on priorities, and national systems. But …

A Critical Assessment of Aid Management and Donor Harmonisation: The Case of Malawi

"The purpose of this study is to identify stumbling blocks to effective aid delivery, donor practices that create a burden on the Malawi Government in terms of ownership, transaction costs, institutional capacity, as well as identify possible benefi…

Nigerian Economic Update Issue 8

This short report comprises the following articles. The first headline: Purchasing Managers’ Index (PMI) discusses the decline in January 2016 of the Manufacturing and Non-Manufacturing PMI, which measures business performance. The next article on C…

Trade and Foreign Direct Investment Nexus in West Africa: Does Export Category Matter?

The effect of inward FDI is examined in this paper - specifically within West Africa on exports to EU countries. The impact of FDI on different export categories is investigated from a host country perspective: primary, intermediate and final goods.…

From the Lab to the Field: a Review of Tax Experiments

In recent years, tax experiments have been gaining momentum and with new developments in methods and data availability, tax experiments have gradually moved away from lab settings and towards the field. This movement from the lab to the field has ha…

Intra-SADC Debt – A Growing Financial Phenomenon

"The concept of Intra-SADC debt (Southern Africa Development Community) is defined in this policy brief as any bilateral or multilateral financial lending and borrowing between or among SADC member countries and their development banks. The loans di…

An Overview Of Domestic Debt In SADC: A Synthesis Of Trends, Structure And Development Impacts

"The Southern Africa Development Community (SADC) regional economic integration agenda includes a macroeconomic convergence programme, that is intended to achieve and maintain macroeconomic stability in the region and committed to following stabilit…

BIDPA Newsletter August 2015

"BIDPA Newsletter is produced by the BIDPA library and provides an update of research and consultancy projects, and other general activities. Over the years BIDPA has consolidated its position as a recognised think tank, and remains steadfast in de…

Eurobonds Repayment: Limiting the Risk of Default

"In recent years, the Zambian economy has been growing strongly and the country has increasingly been faced with the need to plug huge infrastructural gaps. However, the slowing down of bilateral and multilateral financing due to austerity measures …

Second-Hand Motor Vehicle Imports in Zambia: Juicing from lemons?

"The sustained positive growth of the Zambian economy has resulted in many shifts in consumption patterns of Zambian households. One notable change is the increased consumption of consumer durables, particularly motor vehicles. Motor vehicle owners…

Promoting job-rich urbanisation in Zambia

"Despite the country’s robust economic growth, evidence shows that its urban labor markets are not creating enough of the kinds of jobs that will propel inclusive growth and maximize Zambia’s “demographic dividend.” Real wages declined between 2012 …

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