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SADC Trade in Services: Negotiating the National Interest

"The paper begins with a review of the role of the service industry in the SADC economy, focusing on its GDP, employment, trade and investment. It identifies three major sectors for illustrative evaluation, namely transportation, financial and tel…

Dairy Sector Reforms and Transformation in Uganda Since the 1990s

"The objective of this study is to put together information on lessons that policy makers and development partners alike could learn from the dairy sector in promoting growth of other agricultural value chains. Uganda has made some visible achieveme…

The Status of Economic Growth and Poverty Reduction in Tanzania

"The core purpose of PHDR 2009 is to review progress towards Tanzania’s development goals as set by the National Strategy for Growth and Reduction of Poverty 2005-2010 (MKUKUTA). This brief, the first of a series of five briefs on the report, presen…

Explaining African Economic Growth Performance: The Case of Ghana

"This paper has the following structure: In section 2, “macroeconomic policies and economic growth” is discussed which allows the presentation of the growth record of Ghana and explains it in light of the Collins-Bosworth characterisation of African…

External Debt and Economic Growth in Sub-Saharan African Countries: An Econometric Study

"Results obtained in this study confirm that an excessively high stock of external debt depresses investment and lowers the rate of economic growth. Thus, heavily indebted countries in sub-Saharan Africa need to articulate creative strategies for …

Determinants of Service Sector Growth in Botswana

This study examines the factors affecting service sector growth and development in Botswana. Using annual time series data from 1980 to 2015, the study employs the auto regressive distributed lag (ARDL) estimation technique to identify the factors t…

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 …

Determinants of Price Dynamics in Ethiopia

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…

Debt Profile: South Africa

South African debt management has evolved quite substantially since the 1970s when the need to develop the debt capital market was identified. The debt level in South Africa exceeded 36% of GDP in 2012 and was projected to continue to increase mod…

The Idle Youth Labor Force in Somalia: A Blow to the Country's GDP

The Somali population is young; it is estimated that 70% of the population is under 30 years. If the youth are not engaged in productive enterprises, it will have a contrary lasting impact on socio-economic development of the country for generations…

Africa First! Igniting a Growth Revolution

Africa has extraordinary potential for economic growth and development. But its many plans and noble aims rarely translate into reality. This policy brief summarises Jakkie Cilliers’ new book Africa First! which examines the continent’s current de…

A Cautious Look at Economic Prospects Beyond the COVID-19 Disaster

COVID-19 has delivered a powerful double punch to the chin of the global economy, combining a terrifying pandemic with a collapse in production because of the withdrawal into their homes of half the world’s workers. The uncertainty generated by the …

Un Regard Prudent sur les Perspectives Économiques au-delà Catastrophe Provoquée par la Covid-19 / A Cautious Look at Economic Prospects Beyond the COVID-19 Disaster

COVID-19 has delivered a powerful double punch to the chin of the global economy, combining a terrifying pandemic with a collapse in production because of the withdrawal into their homes of half the world’s workers. The uncertainty generated by the …

Private Sector Investment in Sierra Leone: An analysis of the Macroeconomic Determinants

Many developing countries experienced a downturn in economic growth in the early 1980s. In Africa, the growth rate of income per capita fell significantly following persistent decline in domestic investment. For Sierra Leone, private investment as…

Is Sudan's Public Debt Sustainable? Preliminary Assessment

The motivation of this study is the recently launched global agenda of SDGs goals (17.4) that proposes to “ Assist developing countries in attaining long-term debt sustainability; this is to be attained through coordinated policies aimed at fosterin…

The Global Outlook and Morocco

Despite fraught politics, the global outlook is strengthening. The next twelve months are likely to be characterized by moderate but steady growth across the world. However, the outlook becomes murkier as we move into the second half of 2018 and 201…

How to get Africa Out of Debt

Many African countries were already in debt distress before COVID-19, and the pandemic has made it worse, lifting average debt-to-gross domestic product (GDP) ratios from about 60% to 70%. The G20/Paris Debt Service Suspension Initiative (DSSI) was …

Education and Economic Growth: Empirical Evidence from Nigeria

The nexus between education and growth as an engine for increased economic growth has continued to attract the attention of economists and policy makers. Experts observe that education has an impact on society, both at the micro and macro levels. Ho…

Les Burkinabè Préoccupés par la Situation Économique et la Direction du Pays / Burkinabè are Concerned about the Economic Situation and the Direction of the Country.

In addition to facing immense security and humanitarian challenges in recent years, Burkinabè are facing a difficult economic situation. Even before the arrival of the COVID-19 pandemic, the country's annual real gross domestic product (GDP) growth …

The Impact of COVID-19 on Industries without Smokestacks in South Africa

The COVID-19 pandemic has hit several sectors of economies, including those in Africa particularly hard. The affected sectors include industries without smokestacks. The purpose of this brief is to conduct an early assessment of the effect of the pa…

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