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"This paper assesses the impact of capital flight on growth in thirty-one sub-Saharan African countries. It first considers the “macro fundamentals” hypothesis that capital flight would be lower in a country whose government adhered to “sound” macro…
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"The main objective of this paper is to document and analyse the impacts of Tanzanian local government reforms. This paper examines the capacity of local government authorities in Tanzania with respect to financial management and revenue enhancement…
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In this BIDPA Briefing the Botswana inflation rate is analyzed. It has persistently remained below South African core inflation since the latter part of 2000. This trend could partly be explained by the reduction in domestic inflationary pressures a…
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"In previous BIDPA Briefings, it was noted that the current boom has depended to a large extent on the high rate of increase in government spending. The continuation of the boom also largely depends, therefore, on whether or not the government incr…
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"In this issue, the economic forecasts were extended out to the end of the year 2000. Obviously these are subject to much uncertainty and will be revised over time, but it is hoped that they will prove to be useful and informative. They mostly show …
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"In the BIDPA Briefing for the first quarter of 1999, the real value of commercial bank lending actually fell during the early years of the boom. It only began to increase in real terms in 1998, and since then has been increasing very fast indeed.…
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"The Botswana economy continues to show healthy growth across the board, driven by most of the major components of aggregate demand - government spending, consumer spending, and private investment. This continued high economic growth, which we estim…
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"As 1998 drew to a close, the Botswana economy finally felt the impact of the global economic slowdown, with a sharp drop in diamond exports in the fourth quarter of the year. However,this has so far had little impact outside of the mining sector, w…
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"The global economic turmoil of recent months has so far not had a major effect on the Botswana economy. Despite tumbling stock markets all over the world, and the fear of global economic recession, the Botswana economy is performing well, particula…
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"In addition to discussing the outcomes of the 2010/11 budget, this Briefing highlights the implications of the proposed 2010/11 budget and its outcomes from an analytical and policy perspective. We highlight the challenges that the economy faces a…
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"This edition of the BIDPA Briefing discusses the 2006/07 budget speech. It attempts to establish whether the Budget Speech is growth promoting, which is a requirement for achieving the Budget theme. While it is concluded that the Budget is indeed g…
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"The 2005/06 Budget that the Minister presented on 7 February 2005 was fashioned against the numerous challenges that were facing the nation, including, inter alia:the HIV/AIDS pandemic, the slower growth in GDP, the high and rising rate of unemplo…
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"This special BIDPA Briefing takes a historical look at government budget performance, highlighting the changing fiscal outlook and its implications for future macroeconomic policies. The first part of the Briefing considers how revenue prospects ar…
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"Most of the changes announced in the 2000 Budget Speech were relatively minor. Of greater importance for the economy are the rates of increase of government spending, which continued at more than 20% in the current year. This follows similar increa…
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"The study focused on various GDP growth scenarios; second, different sources (publications)report various figures in relation to the used basic national data such as debt to GDP ratio, government deficits, monetary base, for instance. No attempt wa…
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"The basic objective of the study, is to provide a broad stock-taking of the status of the policy frameworks of Botswana, especially with respect to the targets set out in the Memorandum of Understanding on Macroeconomic Stability and Convergence, w…
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The annual economic summit of eight industrialized nations, which begins June 1 in Evian, France, will provide an opportunity for President Bush to repair relations with major European countries that opposed the U.S. invasion of Iraq, particularly F…
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"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 gene…
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"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 governme…
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"As interest in the formation of a monetary union in the region grows, naturally questions are being asked about the conditions under which a monetary union would be desirable and viable, the desirable form and extent of such a monetary union, the…
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