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This document discusses the involvement of the Soviet Union in southern Africa, giving the historical background of Soviet African policies, describing the basic Soviet approach since the end of the 1960s, and its interventionist policies from 197...
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This newsletter contains seven articles and three brief reports. The first article, by Leif Egeland, discusses the development of the South African Institute of International Affairs, and welcomes support by members to secure its future. The s...
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This update discusses the privatisation process in Zambia during 1991. This seven year programme is widely hailed as 'the success story of Africa' but this process was not always trasparent and above board. The socio-economic impact was greater th...
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"The growth of contractual savings schemes such as pension funds and life assurance has been an important but relatively low profile development in Botswana's financial system over the past ten years. During the 1990s, contractual savings funds h...
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This paper is based on research conducted recently in South Africa (SA), Namibia, Angola and Botswana. Policy and decision makers were asked to complete a questionnaire about the future of the Southern African Customs Union (SACU). Although the re...
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Saudi Arabia is a country on the rise with its sights set on full integration into the global economy. Since the late 1990s, Saudi policymakers have made a concerted effort to reform the country’s economy, and to position it as an investment desti...
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"The combined economies of China, Taiwan and Hong Kong amount to US$1.437 trillion making ‘Greater China’ the fourth largest economy in the world. Driven by exports China’s GDP growth averaged 9.7% in the two decades to 2000. Average GDP growth wa...
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"Nigeria is widely acknowledged as a country with great (albeit unrealized) potential to become a major player in the global economy. One vivid sign of unrealized potential is the inability to translate huge crude oil earnings into international e...
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"This paper examines the main issues and challenges in benchmarking and assessment of infrastructure and utilities as a critical influence of business environment and economic competitiveness across Nigerian States. Section two reviews the concept...
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"The discovery and extraction of natural resources has the potetial to finance rapid, sustained and broad-based development. However, the historical record of resource discoveries in developing countries is deeply worrying. Often discoveries have...
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"Drawing from World Bank Investment Climate surveys, the main objective of Investment Climate Assessment (ICA) studies is to develop a better understanding of the constraints to investment and sustained productivity growth in a given country. Afr...
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"This study provides measures of real capital flight from Nigeria based on the residual method adjusted for exchange rate fluctuations and trade misinvoicing. The portfolio choice approach is explored, in which the flow of capital is accumulated i...
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"Cameroon has experienced periods of economic growth and decline. During the growth period public expenditures increased the size of the public sector. The decline period, which started in 1986, has been characterized by government expenditures th...
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"The phenomenon of China in the global arena is quite significant. It presents opportunities and challenges which African policy makers and thinkers must take very seriously and respond to it very intensively. This is particularly so as other reg...
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"Sub-Saharan Africa provides a significant share of the mineral resources fuelling the growth of the dynamic Asian economies of India and China. This framework paper examines the current metals, ores and minerals trade between China and India and ...
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"In this paper, the extent of linkages among three stock markets in Southern Africa, specifically Botswana, Zimbabwe and South Africa are investigated. The extent is considered to which these markets are related to emerging markets more generally ...
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"This paper develops a framework for making decisions on the type of infrastructure to build and where to build. The basic intuition is that by deriving the marginal physical products of installed infrastructure, we can prioritize infrastructure ...
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"This paper focuses on the commitment mechanisms a government can use to build credibility in trade and investment policies. We refer to commitment mechanisms as "agencies of restraint". We classify such agencies according to their domicile and t...
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"The objective of this paper is to test the hypothesis that real interest rates have a significant positive impact on financial and non financial saving in Kenya, which in turn support a higher level of investment. This is done by examining the pr...
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"South Africa is set to become a major player in the economy of Zambia, according to figures recently released by the Zambia Investment Centre in Lusaka. Investment pledges have reached up to US$180 million, easily passing those of Britain, which ...
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