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"This policy brief discusses the need to make Botswana’s budget process more transparent. Transparent or open budgets both facilitate and support timely, relevant public access to budget information, enhancing citizen participation in the budgetary …
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Access to finance has been considered to be one of the important factors in influencing firms‘ real activities and in promoting aggregates. However, literature on the relationship between finance and firm-level productivity is almost non-existent fo…
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A major component of tax administration reform in Sub-Saharan Africa over the last thirty years has been the creation of semi-autonomous revenue authorities (SARAs). These operate at arm’s length from the ministry of finance, which is different to c…
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This paper reviews existing initiatives on taxpayer education in Africa, an area that has been largely under-researched in the literature. We start by providing an overview of the wide variety of programmes that African revenue authorities have unde…
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This research assesses the effects of financial frictions faced by female entrepreneurs on macroeconomics performances in Cameroon. We address this important issue, using a Dynamic Stochastic General Equilibrium model with financial micro-foundati…
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The rapid expansion of microcredit in recent years is informed by the belief that removal of constraints to credit access facing the poor, particularly women, through microcredit can improve their well-being and ultimately help them out of poverty…
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The development and use of Electronic Money (e-money) remain one of the most discussed topics in developing countries, yet literature on the relationship between e-money penetration and household consumption remains negligible. Available literature …
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Raising a higher share of the value added in an economy for the public purpose is associated with state building, modern economic growth and development. From 2002-3 to date, low- and lower-middle income countries raised total tax and non-tax revenu…
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The study examines the interrelationships between financial development, economic growth, capital accumulation and productivity growth in Botswana over the period 1980-2014. Using the Auto regressive Distributed Lag (ARDL) bound test technique, we f…
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This paper examined factors that influence access to credit by SMEs in Botswana. The results show that access to credit is influenced by gender, citizenship and experience of the manager, as well as firm-size, sector of business, sales and land own…
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Small, Medium and Micro Enterprises (SMMEs) have been identified as a key component to advancing inclusive growth and development in South Africa. This paper serves to present a snapshot of the current profile of SMMEs in South Africa as well as t…
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While Uganda is considered to be at low risk of debt distress, the stagnant tax effort and large planned capital expenditures might significantly alter this position. This paper employs the dynamic stochastic general equilibrium (DSGE) model to exam…
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This policy brief provides a review of the performance of the first quarter of the 2018 National Budget. The paper provides context by looking at both the revenue and expenditure trends during the last three years when Government instituted some fis…
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Cryptocurrency as a digital asset is designed to work as a medium of exchange that uses cryptography to anonymously secure its transactions, control the creation of additional units and to verify the transfer of assets. Cryptography the process of …
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This paper examines the primary cause of the exchange rate management failure in Nigeria by evaluating the motivating factor for these changes and reviewing the role of politics and interest group in the Nigerian exchange rate management. The find…
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I llicit Financial Flows (IFFs) are a persistent challenge in developing countries, particularly in Sub-Saharan Africa (SSA). IFFs account for huge sums of money transferred out of SSA countries illegally, stripping these countries of resources t…
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Financial inclusion in developing economies remains a major concern nowadays, both for national policymakers and international stakeholders. For a country like Cameroon, aspiring to an emergence in 2035, the key challenge is to identify and overco…
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Only less than a quarter of Ethiopian adults have a formal account. In this study, the status, level and determinants of financial inclusion and barriers to financial inclusion in Ethiopia are analysed. We found that better education, financial lite…
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High inflationary pressure especially in food price has been a top agenda in many developing countries since the last decade as it has been hindering their socioeconomic development. Though Ethiopia is achieving an encouraging economic growth in re…
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The study examines the factors that influence the growth of youth-owned MSEs in Ethiopia using a sample survey of 909 operators which were selected through a multi-stage random sampling technique. The result of the cross-tabulated descriptive statis…
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