results
Publication
"In this issue of the BIDPA briefing, we note that the newly introduced VAT, imposed on property transactions and building materials, and the long standing Transfer Duty appear less supportive of the National Housing Policy, and the Vision 2016 in t…
Publication
"In this issue of the BIDPA briefing, we note that the growth in government spending may be unsustainable if not complemented by a rise in the economy's productive capacity. This reinforces the need for the country to expedite its efforts to diversi…
Publication
"The 9th National Development Plan is under preparation. Such a plan provides an opportunity for all stakeholders to address the most critical policy issues facing the nation. The fight against HIV/AIDS and the need for sustainable diversification a…
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"As noted in the BIDPA Briefing on the 2000 Budget, the Government plans to reduce the rate of growth of government spending quite drastically. The budget estimates for 2000/01 show that government spending will increase by only 3%, compared with 2…
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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…
Publication
In this bulletin several workshops held by OSSREA were discussed as well as the launching of NBRP books as well as a strategic plan for 2011-2015. Featured articles included : Is the Adoption of Multicurrency System a Panacea to Urban Dwellers’ Soci…
Publication
This article proposes, as a first step, a review of the analytical literature and recent empirical evidence of potential gains and costs associated with financial integration as well as economic policy issues created or exacerbated by this integrati…
Publication
The naira exchange rate depreciation and volatility is among the vast macroeconomic maladjustments which have unfolded in the Nigerian economy in the recent past. This paper therefore, investigates the determinants of real exchange rate volatility i…
Publication
In this study it is tried to uncover the determinants of recent inflationary pressures in Ethiopia. In particular, the study used both simple descriptive analysis as well as rigorous parametric analysis to trace the relationship between inflation an…
Publication
Zimbabwe’s economy continues to struggle. The much-anticipated economic growth and stability in the ‘new dispensation’ remain elusive and ordinary citizens continue to bear the brunt of the economic plunge. This report analyses key economic challen…
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This policy brief examines the primary cause of the exchange rate policy failure in Nigeria by evaluating the motivating factor for exchange rate regime changes in the country and reviewing the role of politics and interest groups in the Nigerian ex…
Publication
Prices of nearly all industrial and precious metals have been on a downward trend for several months. A tightening US monetary policy and the subsequent dollar appreciation partly explain this trajectory, but it is above all the mounting global macr…
Publication
Prices of nearly all industrial and precious metals have been on a downward trend for several months. A tightening US monetary policy and the subsequent dollar appreciation partly explain this trajectory, but it is above all the mounting global macr…
Publication
Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shoc…
Publication
Morocco has moved towards a more flexible exchange rate system, by widening its currency fluctuation bands to +/- 2.5% around a central price. This transition will, in time, equip the Moroccan economy with a macroeconomic instrument acting as a shoc…
Publication
"We find that MSMEs choice of the main-bank does not persist signaling the absence of switching costs and the vague role of relationship banking. Moreover, switching a main-bank has no effect on lending interest rates. Our results imply that MSMEs a…
Publication
The question of high interest rates in Ghana is examined in this paper. The author notes that high interest rates have not only kept the cost of credit unnecessarily high, but have also discouraged many otherwise viable projects from being implement…
Publication
In the first article which handles about the Monetary Policy, it discusses briefly the Central Bank of Nigeria (CBN) and the communiqué No.105 of the Monetary Policy Committee (MPC) meeting and the results and outcomes. The next article discusses Cr…
Publication
This short update discusses several issues briefly. Firstly it talks about Crude Oil and Gas and specifically the OPEC weekly basket price which decreased by 7.4 percent from $29.20 per barrel on February 5th to $27.04 per barrel on February 12, 201…
Publication
This short report discusses the following: The first article is about the Purchasing Managers Index which measures business performance in the Manufacturing and Non-Manufacturing sector of the economy which improved slightly, although it under-perfo…
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