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Perceptions of Ugandan Business Executives on the Current and Expected Business Economic Conditions

"The BCI reflects the perceptions of Ugandan business executives on the current and expected business economic conditions. The BCI is intended to be an indicator of economic activity, to supplement official statistics. The major advantage of the BC…

State of Financial Cooperatives in Zambia: A viable Option for Increasing Financial Inclusion

This policy brief presents the summary findings of a study on Promoting Financial Cooperatives (FCs) in Zambia that was conducted between 2017 and 2018 with financial support from the Rural Finance Expansion Program (RUFEP), Ministry of Commerce Tra…

A Diagnosis of the Public Procurement System in Kenya

For a country of its income level and without much endowments with natural resources from which to extract rents, Kenya’s revenue mobilisation effort which fluctuates between 18-20% of the Gross Domestic Product is impressive. And yet despite this e…

Tackling South Africa's Infrastructure Deficit: The Role of Development Finance Institutions

Infrastructure development is widely considered to be pivotal to South Africa’s economic recovery plan and growth prospects. Yet infrastructure spending at all levels of government has been declining in recent years in the face of a steady rise in p…

Waking the Sleeping Giant: Development Pathways for the Democratic Republic of the Congo to 2050

Despite its abundant natural resources, the Democratic Republic of the Congo (DRC) ranks near the bottom in various human and economic development indicators and its average income is about 40% of its value at independence in 1960. Using the Interna…

Should Zimbabweans worry about Tax Exemptions?

On the 27th of January 2021 the government of Zimbabwe through the Minister of Finance gazetted the Income Tax (Exemption from Income Tax) (Great Dyke Investments Private Limited) Notice, 2021 or the Statutory Instrument 26 of 2021. In a context whe…

The Impact of COVID-19 on Industries without Smokestacks in Senegal

In Senegal, the COVID-19 pandemic has caused significant health and economic damage. More specifically, the country’s promising industries without smokestacks have adversely been impacted, with a dramatic reduction in turnover, investment, and jobs.…

CDE Statement on Youth Unemployment 16 June 2021: Catastrophe

The latest Quarterly Labour Force Survey (QLFS) statistics confirm a shocking reality: three out of every four South Africans (74.7%) between the ages of 15 and 24 who want a job cannot find one. For those between the ages of 25 and 34, things are c…

Unpacking the Linkage Between Debt, Extractives Sector, Inequality and Illicit Financial Flows: A Case Study from Zimbabwe

Public debt, extractives sector, inequality and illicit financial flows have become very topical when discussing issues of human and economic development in resource rich countries such as Zimbabwe. The linkage and the relations of these four themes…

Estimating the Economic impact of Chinese BRI Investment in Africa

China’s investment in African infrastructure as part of its Belt and Road Initiative has proven to be both transformative and controversial. While investment projects are helping Africa to close its infrastructure gap, they have also raised fears of…

Corruption and Firm Export Performance in Fragile Economies: Evidence from Zimbabwe

In this paper, we examine the relationship between corruption and firm export performance in Zimbabwe. Using a new panel data set of manufacturing and service firms from World Bank Enterprise survey and a methodology that relies on within-firm varia…

Transformation through Inclusive Growth: Achieving a Balanced Recovery

The Zambian National Budget for the year 2022 was announced by the Minister of Finance on 29th October 2021. This marked the first Budget of the newly elected United Party for National Development Government following the August 12, 2021 national el…

Stagnation or Growth? Algeria's Development Pathway to 2040

In the face of continued widespread protests, Algeria needs to implement far-reaching social, economic and governance reforms. This report looks at the country’s current development trajectory and how four crucial components which culminate in a pos…

Effects of Public Expenditure on Economic Growth in the CEMAC Subregion: A Comparative Analysis between the Fragile and Non-Fragile States

Chad, Central African Republic, and Congo have been identified by the African Development Bank as fragile states. Despite their socio-political stability, the other countries of the subregion, which are Cameroon, Gabon, and Equatorial Guinea, are ex…

Determinants of Imports in Guinea

The objective of this paper is to examine the factors that influence Guinea’s overall import demand using annual data covering the period 1980-2015. Through the Error Correction Model (ECM), we estimated the short- and long-term relationships to mea…

Multi-asset Deprivation and Pro-Poor Growth in Cameroon / Privations en Actifs des Ménages et Croissance Pro-pauvre au Cameroun

This study informs the different government ministries of the republic of Cameroon (Economy and Planning, Education, Health, and Agriculture) on the necessity to (a) define a more balance policy in terms of access to education and health infrastruct…

Exploring the Relationship between Trade Liberalization and Ethiopian Economic Growth

Theoretical and empirical economic literature has shown that the economic growth of countries is related to both liberalization and international trade integration. The main purpose of this study is to apply this knowledge to the Ethiopian case and …

Factors Affecting Savings as Means of Economic Growth in Ethiopia

Savings have always figured prominently in both theoretical analysis and policy design in both developed and developing economies. This prominence emanates from their assumed direct theoretical link to future economic growth and current expenditure …

The 'Containment Compact': The EU Migration 'Crisis' and African Complicity in Migration Management

In 2015 over 1 million people crossed the Mediterranean Sea from Africa in search of refuge and economic security in Europe. Nearly 4 000 died making the treacherous journey. Media images of dangerously overcrowded, rickety boats and dead bodies was…

Boosting South Africa’s Economic Relations with the BRICS

South Africa should argue the case for stronger economic cooperation within the grouping, despite the challenges in intra-BRICS economic relations as was observed in the paper. Firstly, while it appears that financial cooperation, specifically with…

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