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Economic Distress and the Inevitability of an Economic Recovery Programme

This policy insights paper explains why the economic recovery programme dubbed Zambia Plus will be absolutely essential for Zambia from 2017 onward. The paper highlights the scale of the challenge of Zambia’s 2015/2016 economic downturn, which neces…

Determination Of Real Exchange Rate Misalignment For Ghana

"The paper determines real exchange rate misalignment for Ghana for the period 1980 - 2010. It finds that the equilibrium real exchange rate is influenced to a significant extent by "fundamental" or "real" factors - represented in the study by produ…

How to Play a Role in Zimbabwe

This monograph unpacks components of the set trajectory in each narrative and exposes strengths and weaknesses, which have their own particularities that vary from country to country. For example, in Zimbabwe the illegitimacy narrative, at least as …

Open for business? Appraisal of FDI in Zimbabwe

Zimbabwe has teetered on the edge of economic crisis for the past 20 years. The situation was compounded by a political crisis that resulted in the 2017 ‘military assisted transition’. President Emmerson Mnangagwa promised a new dispensation and sai…

Analysis of Bank Distress and Failure Predictability in Nigeria

After the 2005 banking sector reform and consolidation exercise, Nigerian banks were deemed to be strong and resilient to shocks. However, the global financial crisis of 2007–2009 and ensuing widespread economic instability brought in its wake incid…

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