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The objective of the study is to identify rules for the conduct of fiscal and monetary policies for low inflation in Sierra Leone. Policy simulations are carried out following the estimation of an inflation model with annual data from 1971 to 2012...
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It is now widely agreed among economists, policy makers and central bankers that the main objective of macroeconomic policy is to achieve a high and sustained economic growth rate while maintaining a low inflation rate. It is also believed that hi...
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In an international environment marked by the economic crisis and its corollaries, the well being of the people is more than ever at the heart of the debate. Which levers should then be focused on to ensure strong growth which does not generate ec...
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Studies on inflation earlier in Uganda did not fully account for the potential role of supply side constraints in agriculture. This paper's purpose, therefore, is to estimate the determinants of inflation in Uganda. It highlights the possible fe...
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"The main objective of this study is to establish quantitative relationships among the relative price volatility of agricultural commodities, inflation and agricultural policies in Nigeria. The findings suggest the need for policies that will buff...
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"The global economic and financial crisis has had some negative implications in Cameroon’s growth. Extrapolation of the growth impact leads to a deterioration in poverty and inequality indicators. Government finance, inflation, employment, current...
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"This study is motivated by the conviction that inflation entails sizeable economic and social costs, and controlling it is one of the prerequisites for achieving a sustainable economic growth. The study analyses the main sources of fluctuations...
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"This issue of the BIDPA Briefing discusses the sectoral performance of the economy during the decade to 2003/04. Mining and Government sectors posted strong growth rates. They accounted for 38 percent and 18 percent, respectively, of the total i...
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"This BIDPA Briefing issue looks at the annual performance of the economy over the period from 1992/93 to the first half of 2003/04. Over the period, there has been a gradual transformation in structure of the economy. There is also evidence of th...
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"In this issue of the briefing the impressive performance in the telecommunications sector is highlighted and the question is asked whether a precedent will be set for a broader microeconomic reform. Also discussed are the amendments to the Africa...
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"In this issue of the BIDPA briefing, we note that the newly introduced VAT, imposed on property transactions and building materials, and the long standing Transfer Duty appear less supportive of the National Housing Policy, and the Vision 2016 in...
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"In this issue of the BIDPA briefing, we note that the growth in government spending may be unsustainable if not complemented by a rise in the economy's productive capacity. This reinforces the need for the country to expedite its efforts to diver...
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In this BIDPA Briefing the Botswana inflation rate is analyzed. It has persistently remained below South African core inflation since the latter part of 2000. This trend could partly be explained by the reduction in domestic inflationary pressures...
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"The objective of the report is to provide an assessment of the role of the exchange rate in determining export competitiveness, as part of the broader Botswana Export Diversification Study. The report comprises three main sections: (i) Real and...
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Various indicators show that the rate of growth of GDP is slowing down: greater competition for construction contracts, together with a slowdown in rents and property prices; a slower rate of increase of electricity consumption and of notes in ci...
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"In previous BIDPA Briefings, it was noted that the current boom has depended to a large extent on the high rate of increase in government spending. The continuation of the boom also largely depends, therefore, on whether or not the government in...
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"As noted in the BIDPA Briefing on the 2000 Budget, the Government plans to reduce the rate of growth of government spending quite drastically. The budget estimates for 2000/01 show that government spending will increase by only 3%, compared with...
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"This study examined the quantitative effects of exchange rate depreciation on inflation, government revenues and expenditures, and money supply in Nigeria. Our objective was achieved through the use of a macroeconometric model that captures the...
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"Inflation in Tanzania has exacerbated the economic crisis. Government and policy makers have recognized the seriousness of the phenomenon in the economy. Though they have designed policies to curb it, amazingly, inflation is still uncontrollabl...
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"Trade and payments liberalization will have implications for employment, economic growth, balance of payments, government budgets and inflation. Experience varies across the continent depending upon the initial conditions before liberalization, s...
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