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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 a...

Zambia's Employment Challenge

"Employment is the red thread throughout this issue in particular the ZIPAR Flagship project on “More and Better Jobs”. The issue highlights Zambia’s jobs’ challenge, how ZIPAR will help the Government respond to the scale of the challenge by draw...

Illicit Financial Flows: Towards a more integrated approach for curbing Illicit Flows from Zimbabwe

"This study is an attempt to estimate the levels of Illicit Financial Flows (IFFs) from Zimbabwe’s Mining, Fisheries, Timber and Wildlife sectors, over the period 2009 to 2013. It seeks to assess the possible drivers of IFFs and the existing legal...

Increasing Illicit Financial Flows in the Context of Declining Official Development Assistance

"In total it is estimated that Africa has lost an estimated US$528.9 billion between 2003 and 2012. This amount is one and half times more than the official development assistance of US$348.2 billion that the continent has received during the same...

Wealth Through Integration Regional Integration and Poverty-Reduction Strategies in West Africa

"Could regional integration be a first step toward joining the global market? In a context where liberalizing trade has not produced the expected gains in developing countries and growth in global trade has not led to the expected economic growth,...

Financial Liberalization and Capital Flight: Evidence from the African Continent

"During the past decades, many countries experienced considerable capital flight. Residents moved their wealth abroad, using different ways to accumulate foreign assets. Since the 1990s, several of these countries reformed their domestic financial...

Fitch Credit Rating for Zambia

"Fitch, a renowned global credit rating agency and one of the top three statistical rating organizations in the world recently maintained Zambia’s sovereign credit risk rating of ‘B+’ at its second rating of the country’s sovereign risk that began...

Misconceptions Surround High Interest Rates and Low Bank Credit to MSMEs in Zambia

"The important contribution made by MSMEs in the development of any economy cannot be overlooked. In Zambia, MSMEs contribute about 56% of the total number of jobs and account for over 80% of the number of businesses registered at the Patents and ...

Constraints on the Demand for Youth Labour in Zambia

"Zambia is one of many developing countries struggling to create adequate employment opportunities for its people, especially in the formal economy. Unemployment is highest among youths (15–24 years old) and particularly affects those without s...

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...

High Interest Rates in Ghana, A Critical Analysis

The question of high interest rates in Ghana is examined in this paper. The author notes that high interest rates have not only kept the cost of credit unnecessarily high, but have also discouraged many otherwise viable projects from being impleme...

Effective Parliamentary Oversight: Mission Impossible?

"Ghana's recent discovery of oil and the anticipated petroleum revenue flows has raised expectations about the future economic development of the country. Yet Ghana's poor record in the area of public financial management, as demonstrated by many...

Foresight Africa: Top Priorities for the Continent in 2016

The Africa Growth Initiative and its colleagues discuss six overarching themes in this year’s Foresight Africa, that place Africa at this tipping point and give their views on what they perceive to be key areas for intervention to keep Africa on i...

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...

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

"Malawi has experienced commendable results in as far as those macroeconomic indicators are concerned. The economy has stabilised with falling rates of inflation and a stable exchange rate. The appealing macroeconomic indicators notwithstanding, r...

The Macroeconomic Framework & the Fight against HIV/AIDS in Africa: The Cases of Ghana and Malawi

"HIV/AIDS has become a leading cause of death in the African continent. It not only constitutes a serious constraint to growth and stability of most African economies and societies, but has actually begun to destroy the hard-won development. Even ...

BRICS Development Bank: A new model for Africa

"During the fifth BRICS summit held in Durban, South Africa, from 26-27 March, 2013, the joint statement from the BRICS leaders announced that they have agreed to establish a New Development Bank. The idea of setting up a BRICS Development Bank as...

A Critical Assessment of Aid Management and Donor Harmonisation in Ghana: A Case Study

"This study is a critical assessment of the aid architecture in Ghana against the principles of performance set forth in the Paris Declaration. The study explores the fundamental policies that guide the process of aid management and the evaluation...

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. Bu...

A Critical Assessment of Aid Management and Donor Harmonisation in Liberia: A Case Study

"This study is a critical assessment of how Liberia is implementing the desired mechanisms for improved effectiveness of aid. It seeks to determine how funds and knowledge are transmitted to Liberia and how recipients and donors are interacting in...

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