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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 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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"With some of the worst poverty statistics in Africa, Zambia appears to have little to show for a century of mining. While much work has been undertaken on mining taxation in Zambia, it has been quite technical in nature. This is out of reach of mos…
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"The objective of this paper is to examine the impact of trading with China on Botswana’s domestic and third markets. The paper also assesses the structure and magnitude of Botswana-China bilateral trade. Botswana’s trade balance with China has been…
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"This study is motivated by the high and unpredictable episodes of inflation in Botswana over the last 20 years. This is despite the Bank of Botswana's concerted effort to keep inflation at its minimum and stable over time. More specifically, the Ba…
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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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"After rebasing in 2010, Ghana’s per capita GDP rose to Middle-Income Country (MIC) level as defined by the World Bank. The per capita income measure is, however, seen to be too narrow as it does not even include key economic indicators let alone im…
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"An econometric analysis of the factors influencing long-run economic growth in Ghana since independence was undertaken using a variant of neo-classical growth model based on available data from 1966 to 2000. The dependent variable of this long-run…
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"After rebasing in 2010, Ghana’s per capita GDP rose to Middle-Income Country (MIC)level as defined by the World Bank. The per capita income measure is, however, seen to be too narrow as it does not even include key economic indicators let alone imp…
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"This paper analyzes the Heavily Indebted Poor Countries' Initiative (HIPC) with a focus on the experiences of countries such as Uganda and Bolivia that have had the most experience with the program. It was written at a time when Ghana was consideri…
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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…
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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…
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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…
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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 …
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