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BIDPA Briefing 4th Quarter 2001

"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...

Exchange Rate Policy and Inflation: The Case of Uganda

"This paper examines the determinants of inflation in Uganda. High inflation, an economic virus of the Ugandan economy for most of the 1980s, has been recorded at annual rates of less than 10% since 1993/94. A competitive exchange rate has also be...

Structural Adjustment, Poverty and Economic Growth: An Analysis For Kenya

"This paper analyses the impact of structural adjustment programmes on poverty and economic growth in Kenya. The results indicate that there was a decrease in poverty between 1992 and 1994 as shown by all poverty measures, while results from othe...

The Foreign Exchange Market and the Dutch Auction System in Ghana

"The main objective of this paper is to present an account of the nature and working of the foreign exchange market and the Dutch auction arrangement in Ghana from the inception of the ERP in 1983 up to the first quarter of 1991. Before examining ...

The Nigerian Economy: Response of Agriculture to Adjustment Policies

"This study estimated price and non-price supply response coefficients for nine individual crops, sub-sectoral aggregates and commodity exports using the two-stage least squares (TSLS) and seemingly unrelated regression method (SURM) as tools for ...

The Role of Exchange Rate and Monetary Policy in the Monetary Approach to the Balance of Payments: Evidence from Malawi

"This study has attempted to examine the relevance of the monetary approach to the balance of payments (MABP) using Malawi as a case study. Of particular interest is the overall balance of payments effects of the exchange rate, relative prices a...

Uganda's Equilibrium Real Exchange Rate and its Implications for Non-Traditional Export Performance

"Pursuit of an exchange rate policy that promotes the competitiveness of exports would be greatly facilitated if the policy maker were able to establish the level of misalignment of the exchange rate and thereby try to correct for it. The motivat...

Foreign Exchange Rationing and Wheat Markets in Ethiopia

This paper examines the developments in Ethiopia’s wheat markets, including the links between international and domestic prices for wheat, the implications of foreign exchange rationing (that effectively stopped private sector wheat imports), and ...

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