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Income Distributional Effects of Economic Adjustment in Tanzania

"This study examines income distributional impacts of the economic adjustment policy measures that Tanzania has adopted since the early 1980s. The adjustment policies were in response to adverse shocks in the world economy and to undesirable dome...

Determinants of Regional Poverty in Uganda

"The study sought in-depth knowledge of the key factors that account for regional poverty differentials in Uganda so as to contribute to more focused targeting of programmes for the poor. The research objectives were: to estimate the national an...

European Economic Integration and the Franc Zone : the Future of the CFA Franc after 1996: Part I : Historical Background and a New Evaluation of Monetary Co-operation in the CFA Countries

"The general objective of this study is to assess the impact of a unified monetary authority in Europe on the FZ and also to assess the possible options in relation to the current CFA monetary arrangements. The specific goal of this part is to giv...

Explaining Growth in Burundi : 1960-2000

"The study comprises four substantive sections. The first section presents a general picture of macroeconomic and sectoral performance of the economy. The aim is to define the time pattern of growth in Burundi, by dividing the sample period into t...

Ghana: The Burden of Debt Service Payment under Structural Adjustment

"The purpose of this study is to explore in detail the implications of Ghana's external indebtedness for sustained economic growth. The focus of the analysis is on debt in the 1983-1990 period during which Ghana pursued an economic recovery progra...

Global Economy in Crisis : A Rethinking of Received Economic Doctrine with some Evidence from Nigeria

"This paper examines the impact, policy responses and implication of the global financial crisis on Nigeria. It also reviews the received economic doctrine which has fundamentally contributed to the crisis and calls for a rethinking of the dominan...

Global Financial Crisis: An Opportunity to Revisit the Neo-Liberal Model of Socio-Economic Development

"The current global economic and financial crisis, provides for yet another opportunity to revisit the neoliberalism paradigm, which has been operational in Sub-Saharan Africa for almost three decades. The performance of this development framework...

Growth and Foreign Debt: the Ethiopian Experience : 1964-86

"In this paper a macro model is used to examine the relationship between internal and external debt and economic growth, using Ethiopian data. The idea behind the model is that a country's rate of economic growth must at least match the annual rat...

Linking Economic Research and Policy-Making: The Role of the AERC

"This synthesis paper deals with findings of these two “policy” studies. Each study looked at the current relationship between research and policy in countries where AERC has been involved with local researchers or policy makers to varying degree...

Macroeconomic Effects of VAT in Nigeria: A Computable General Equilibrium Analysis

"This study analyses the impact of value added tax on key sectoral and macroeconomic aggregates, using a CGE model considered suitable for Nigeria. A survey of VATable Nigerian manufacturers, distributors, importers and suppliers of goods and se...

Macroeconomic Policies and Long Term Growth: A Conceptual and Empirical Review

"The main purpose of the paper is to review the theoretical and empirical literature on the relationship between macroeconomic policies and the long term growth rate of potential GDP. The paper lays out the current state of theory and the empirica...

Modelling the Inflation Process in Nigeria

"This study is motivated by the conviction that inflation entails sizeable economic and social costs, and controlling it is one of the prerequisites for achieving a sustainable economic growth. The study analyses the main sources of fluctuations...

Responses by African Governments to the Financial Crisis and Lessons

"This paper identifies the key channels of transmission of the financial crisis to Africa as well as its quantitative impact on the region. It also examines recent policy measures and responses that can be taken by African Governments and regional...

Analyzing the Impact of the Global Economic and Financial Crisis in Cameroon

"The global economic and financial crisis has had some negative implications in Cameroon’s growth. Extrapolation of the growth impact leads to a deterioration in poverty and inequality indicators. Government finance, inflation, employment, current...

Short-Run Macroeconomic Effects of Bank Lending Rates in Nigeria, 1987-91: A Computable General Equilibrium Analysis

"This study attempted to assess the short-run macroeconomic impacts of the rising bank lending rate profile of the period between 1987, when the monetary authorities started liberalizing the financial sector, and 1991. The justification for the ...

The Impact of Subregional Integration on Bilateral Trade: The Case of UEMOA

"The aim of this study was to evaluate the impact of preferential trade agreements and the monetary union on bilateral trade between UEMOA member countries. With the use of a dynamic gravity model, it was possible to realize that membership in a...

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...

The Determinants of Fiscal Deficit and Fiscal Adjustment in Cote D'Ivoire

"The aim of this paper is to discuss the appropriateness of the measures adopted for fiscal adjustment in Cote d'Ivoire and the determinants of its fiscal deficit over the past two decades. The paper also investigate the impact of public investmen...

South Africa: Reaching Out

According to the conference paper, no country can grow in isolation and the effects can be felt in areas such as trade, political thought, science and technology, culture and sport. World War II saw dramatic changes in the world (economic, technol...

SAIIA International Affairs Bulletin, vol. 15, no. 3, 1991

In this issue the Smuts House Notes covers various topics from the agenda of international politics, to US Global Design, to the collapse of the American Dream. Papers covered in this topic centre on South African relations, its foreign policy dim...

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