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"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…
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"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…
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"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…
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"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 …
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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…
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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 …
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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…
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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…
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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…
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"Based on the Report “Uncovering the Unknown: An analysis of Tax Evasion in Zambia,” Zambia is currently grappling with issues of reducing high budget deficits. Zambia’s tax revenue-to-GDP ratio dropped to a record low of 13% in the early 1990s from…
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"Zambia, like most developing countries, has undertaken tax reforms in a bid to raise more revenue from its tax system. Though tax reforms in Zambia began in the early 1990s, tax revenue has grown only marginally from its sharp decline prior to the …
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"The study found that in Malawi there are clear procedures and legislations for issuing and management of domestic debt spelt out in the Public Finance Management Act of 2003. Since 2004, the government of Malawi has managed to achieve macroeconomic…
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"This study has made a number of pertinent observations. Significant is that domestic debt in Zambia has, in the past five years, been increasing at a high rate in nominal terms but in GDP terms has been on the decline. This is against a background …
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"The purpose of this study is to assess whether the fiscal space in Malawi has increased as a result of the implementation of the Poverty Reduction and Growth Facility (PRGF) programme and, if so, whether it has contributed to the implementation of …
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"This report analyses the development in public domestic debt in Ghana, and its impact on the economy for the period 2000 to 2009 with the objective of looking at the institutional framework regarding the budgetary process, uses of public funds and …
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"The development challenges facing sub-Saharan Africa are deep-rooted and numerous. In the case of Ethiopia, they include acute poverty (44.2% of its population below the poverty line); historically low economic growth (averaging 2.6% over the last …
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"The concept of Intra-SADC debt (Southern Africa Development Community) is defined in this policy brief as any bilateral or multilateral financial lending and borrowing between or among SADC member countries and their development banks. The loans di…
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"The Southern Africa Development Community (SADC) regional economic integration agenda includes a macroeconomic convergence programme, that is intended to achieve and maintain macroeconomic stability in the region and committed to following stabilit…
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"As a result of a “first” demographic transition, age structures of populations become older. Economically, people often move into higher-paying jobs and countries experience higher per capita income. These social and economic changes motivate peopl…
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"Zambia has participated actively in the Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC) regional integration programmes. Within SADC it is now reportedly a full participant in the SADC Free T…
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