166

166

results

Filter your results

Apply filters

The Global Outlook and Morocco

Despite fraught politics, the global outlook is strengthening. The next twelve months are likely to be characterized by moderate but steady growth across the world. However, the outlook becomes murkier as we move into the second half of 2018 and 2...

Financing the Economic Stabilization and Growth Programme (Zambia Plus) in the Shadow of the IMF

This policy paper was prompted by a protracted deliberation between the Zambian Government and the International Monetary Fund (IMF) regarding a Fund-supported economic programme. The Zambian authorities began contemplating an IMF “bailout packa...

Economic Distress and the Inevitability of an Economic Recovery Programme

This policy insights paper explains why the economic recovery programme dubbed Zambia Plus will be absolutely essential for Zambia from 2017 onward. The paper highlights the scale of the challenge of Zambia’s 2015/2016 economic downturn, which nec...

Choix du Régime de Change, chocs Exogènes et Stabilité Financière dans l’Union économique et Monétaire Ouest Africaine (UEMOA) / Exchange Rate Regime Choice, Exogenous Shocks and Financial Stability   in the West African Economic and Monetary Union

It is always a debate at the international level about the choice of exchange rate regimes. In general, the exchange rate instability is unfavourable for the economies such as the members of WAEMU who are specializing in the production of primar...

The Inflationary Effects of Fiscal Deficit in Sierra Leone: A Simulation Approach

The objective of the study is to identify rules for the conduct of fiscal and monetary policies for low inflation in Sierra Leone. Policy simulations are carried out following the estimation of an inflation model with annual data from 1971 to 2012...

Fiscal Decentralization and Social Services in Nigeria

This study examines the linkages between fiscal decentralization and social services in Nigeria. It is based on a panel of the 36 states and federal capital territory. Social services in health and education are measured by outcomes such as infant...

Impact of Fiscal and Employment Policies on the Informal Sector in Cameroon /Impact des politiques fiscales et d’emploi sur le secteur informel et la pauvreté au Cameroun

This study examines the relationship between the informal economy and the formal economy by undertaking to answer the following question: what is the impact of tax and employment policies on the informal economy and poverty in Cameroon? To achie...

Analysis of Tax Performance in Botswana: Tax Effort Index Approach

This study estimates the impacts of different economic sectors and other determinants on tax revenue in Botswana using Two Stage Least Squares (TSLS) estimation procedure and quarterly data for the period 1994/95 (1)-2013/14 (4). The study further...

Understanding the Exchange Rate Regimes in South Sudan: A Non-technical Review

This paper simplifies and discusses our understanding of the exchange rate policy regime in South Sudan. After independence in 2011, South Sudan fixed the value of its currency, the South Sudan Pound (SSP), to the U.S. dollar. This is a common pra...

The Petroleum Revenue Sharing Arrangement in South Sudan

South Sudan, a country endowed with petroleum and other natural resources, allocates 2% and 3% of the net petroleum revenues to producing states and communities, respectively. This revenue sharing arrangement is enshrined in the Transitional Con...

Assessing Transition to Stability, Fiscal Sustainability and Provision of Peace Dividend in South Sudan

The study argues that classic definition of a fragile state fits the situation in South Sudan because this country has been unable, since independence, to provide public and social services in sufficient quality, scope and reach. This has made it ...

The Promise and Efficacy of the East African Community

This paper outlines the development promise of the EAC. The objective is to showcase–albeit briefly–the EAC’s major achievements and build a case for making these developments well known and appreciated by East African citizens and peoples in orde...

Règles Budgétaires et Soutenabilité des Finances Publiques / Budgetary Rules and Sustainability of Public Finances

This article examines the formulation, implementation, and performance of rules with particular emphasis on the experience of developing countries with a medium income. The first part proposes a definition and justification of budgetary rules, as ...

Subnational Value Added Tax in Ethiopia and Implications for States’ Fiscal Capacity

This report recognises the fact that unwinding the current separation of tax administration powers would be difficult to achieve in the current political climate. It suggests a process of gradual reform, commencing with better coordination, standa...

Understanding youth labour demand constraints in Zambia: The mining, manufacturing and construction sectors

"Zambia is among many developing countries struggling to create adequate employment opportunities for its people, especially in the formal economy. There is high youth unemployment, especially in urban areas where it has surged to 40.4% for female...

Nigeria Economic Update Issue 23

This document provides brief information on the Nigerian Economic Situation. The first article is on the Gross Domestic Product - Recent Data on Nigeria’s Real GDP growth rate (Year-on-Year) declined by 2.47 percentage points, from 2.11 % in 2015 ...

The Problem Of High Interest Rates: Don’t Control But Please Regulate

"The persistence of high interest rates in Ghana is the collective responsibility of banks, the fiscal authorities and the monetary authorities. High bank lending rates and large spreads are of particular concern, not only can they not be justifie...

The Case For Windfall Profit Taxes In Ghana’s Mining Code

"This Legislative Alert examines the fiscal provisions of Ghana’s mining code. It briefly examines the changes that have been made in Ghana since the first code was enacted in 1986. Noting the recent change in royalty rates, as well as the imposit...

Wagner’s Law And The Causal Nexus Between Government Expenditures And Tax Receipts: An Empirical Study Of Ghana

"Wagner's law is tested by using the traditional versions and our own versions which account for prices. Results show that Wagner's law exists in Ghana. However, there is no empirical support to the view that increases in government expenditure...

Determination Of Real Exchange Rate Misalignment For Ghana

"The paper determines real exchange rate misalignment for Ghana for the period 1980 - 2010. It finds that the equilibrium real exchange rate is influenced to a significant extent by "fundamental" or "real" factors - represented in the study by pro...

Showing page 1 of 9

Next page