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International Trade and Emerging Markets Since the Crisis

"This paper attempts to make sense of the post-crisis state of play in international trade, by taking a forward look at emerging markets and global trade policy. After describing the political and economic context for international trade up to 200...

Subsidies as an Instrument of Industrial Policy: Are they WTO Compliant?

"The economic recession revealed a global trend towards trade protectionism, replicating the fortification of domestic labour and commercial interests that occurred during previous periods of recession. Although countries employ a wide range of ...

Trade in Financial Services in Southern Africa: What Room for Negotiators Post-2008 Financial Crisis?

"This study assesses the impact of the financial crisis and G20 discussions on regulatory reform and trade in financial services in the SADC region, with a specific focus on its effect on corporate, trade and project financing from the standpoint ...

Whither the Multilateral Trading System? Implications for (South) Africa

"So far the World Trade Organisation (WTO) has acted as a constraint on the worst protectionist pressures building in the global trading system following the 2008–10 global financial crisis, which is a testament to the system’s constraining power...

Trade, Industrial Policy and Exchange Rates in South Africa

"South Africa’s trade, industrial and exchange rate policies have been the subject of substantial public debate in recent months, not least owing to the impact of the 2008–10 global financial crisis. On the trade and industrial policy fronts a sub...

The Political Economy of Decarbonisation: Exploring the Dynamics of South Africa’s Electricity Sector

This paper presents an in-depth and historical analysis of the key features of South Africa’s electricity sector and the stakeholders and beneficiaries operating within it. An exploration of the sector’s structure and governance is included; the s...

Democracy Works 2014 The Democratic Alternative from the South India, Brazil, and South Africa

In this report, the achievements of the past twenty-five years were examined, and it looked particularly at the progress made which is often not sufficiently acknowledged either within these countries or by outsiders. The problem of corruption is ...

Facing the Global Financial Crisis - Policy Lessons from Small Mauritius

"The objective of the paper therefore is to assess the case of a small island developing state like Mauritius where government has attempted to mitigate the negative consequences of the global economic crisis through an appropriate policy mix. So...

Global Economic and Financial Crisis and Trade: Kenya’s Experience

"This paper investigates the effects of the global economic and financial crisis in Africa and whether or not Kenya’s trade sector has been a channel for transmitting the crisis in the country. The analysis of the effects of the crisis in Sub-Saha...

Global Economic and Financial Crisis: Transmission Channels and Impacts on Sub-Saharan African Economies

"In this paper, an overview is then provided of how sub-Saharan African countries are exposed to the crisis through both financial and real transmission channels, and critically assess the impacts on different economies with recent data. The first...

Global Economic Crisis : The Need for African Government Interventions for Rapid Economic Recovery and Stability

"The objective of this paper is to discuss measures required by African governments in cushioning the effects of the global economic crisis on the region’s economies. To this end, the paper is organized into five sections. Aside from the introduct...

Global Economic Slowdown and the African Continent : Rethinking Export Led Growth

"The deterioration in economic performance has opened the export-led growth model to challenge suggesting that there is a need for a rethink and the need for a shift on the new development policy agenda that focuses on domestic demand-led growth. ...

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...

Impact of Global Economic Crisis on African Countries: Policy Responses and Options

"African countries have not been isolated from the impact of the downturn in global growth. Some of the questions addressed in this paper are: What are the major channels through which the global financial and economic crisis could spread to Afric...

Impacts of the Economic Crisis on Human Development and the MDGs in Africa

"This paper has examined the channels through which the economic crisis could have an impact on human development in sub-Saharan Africa, and also the historical evidence for the size of these impacts. Using growth projections to 2014 for the count...

International Debt Management in Africa

"This paper discusses various aspects of the problems African governments face in financing their generally large budgetary deficits. Its primary objective is to focus on the main methods of financing which are realistically available given the ge...

Local Government Fiscal Operations in Nigeria

"The paper describes and analyses fiscal operations at the local level in order to improve understanding of fiscal federalism in Nigeria. The paper also tries to ascertain whether fiscal imbalances observed at both federal and state arms of govern...

Linking Economic Growth to Poverty Reduction under Globalisation: A Case for Harnessing Globalisation for the Poor in Sub-Saharan Africa

"As the process of global economic integration has intensified since the early 1990s, the question of how globalization affects the world’s poor has become one of the central issues in international political economy and international relations. T...

Macroeconomic Constraints and Medium-term Growth in Kenya: a Three-Gap Analysis

"This paper has used a simple analytical framework to study whether it is the saving, fiscal or foreign exchange gap which is the binding constraint on capacity growth in Kenya and how these gaps have evolved since the early 1970s. The three-gap f...

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