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    The Global Economic and Financial Crisis: An Overview of the Effects on African Countries

    "In the wake of the current global financial crisis, experts and analysts agreed that the initial effects on African financial sectors will be minimal because of the limited exposure to the international financial markets. However, African countries…

    Oluwole Owoye

    • Transmission Channels
    • Current Account Balance
    • Global Trade
    • Financial crises
    • International trade
    34 pages

    Publication

    Effects of Budget Deficits on the Current Account Balance in Nigeria: A Simulation Exercise

    "This paper examines the effect of budget deficit on the current account balance in Nigeria, covering the period from 1973 to 1993. This is motivated by the fact that the magnitude of government has increased with amazing rapidity since the early 19…

    Festus O. Egwaikhide

    • Current Account Balance
    • Budget Deficit
    • Budget Policy
    • Fiscal policy
    • Foreign exchange market
    47 pages

    Publication

    A Tightening Balancing Act: Economic Implications of Zambia's Balance of Payments Performance

    International trade, development and investment are primary drivers of globalization. In 2014, Zambia’s trade openness – in terms of total monetary flows on all export and import transactions combined – was estimated at 79.6% of GDP while the total …

    Caesar Cheelo

    Thulani Banda

    • Globalization
    • Current Account Balance
    • Current Account Deficit
    • Balance of payments
    • International trade
    • Economic development
    • Fiscal policy
    36 pages

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