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Is Macroeconomic Policy Convergence Necessary for a Sustainable SADC Free Trade Area?

"The aim of this paper is to determine if macroeconomic policy convergence among member countries of the Southern African Development Community (SADC) is required for establishing and sustaining a free trade area (FTA). The paper also investigat...

Income Distributional Effects of Economic Adjustment in Tanzania

"This study examines income distributional impacts of the economic adjustment policy measures that Tanzania has adopted since the early 1980s. The adjustment policies were in response to adverse shocks in the world economy and to undesirable dome...

A Review of Recent Developments in the Second Economy in Tanzania

"This paper examines the nature and estimates the magnitude of the second economy in Tanzania to establish the extent to which official national accounts misstate actual or real production of goods and services. Section II sets up the conceptual f...

A Statistical Analysis of Foreign Exchange Rate Behaviour in Nigeria's Auction

"In the attempt to explain some of the possible causes of the instability, particularly in the principal currency, our study looked at the macroeconomic policy characteristics of all six phases of the auction system between September 26 1986 and D...

Cameroon's Fiscal Policy and Economic Growth

"Cameroon has experienced periods of economic growth and decline. During the growth period public expenditures increased the size of the public sector. The decline period, which started in 1986, has been characterized by government expenditures th...

Exchange Rate Policy and the Parallel Market for Foreign Currency in Burundi

"This paper looks at the functioning of the parallel market and discusses macroeconomic policies in the country to shed light on the context within which the market evolved. Analysis of time series properties of the variables used in an empirical ...

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 Afric...

Macroeconomic Policies and Long Term Growth: A Conceptual and Empirical Review

"The main purpose of the paper is to review the theoretical and empirical literature on the relationship between macroeconomic policies and the long term growth rate of potential GDP. The paper lays out the current state of theory and the empirica...

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 Global Financial Crisis: Implications for Africa

"This eleventh seminar was notable for looking in detail at the impact of the financial crisis on growth and the real sectors, the financial systems of Africa, macroeconomic policies, and trade policy options. It also combined Africa-focussed with...

Macroeconomic Policy Formation in Senegal : Challenges in Formation and Coordination

This paper presented a framework of economic policy formulation in Senegal from 1960 to 2012, with special emphasis on the years from 2000. Political, social and economic objectives of these policies are identified. Subsequently, the role of the ...

Policy and Institutional Dimensions of Africa's Political Economy in an Age of Globalization

The study’s main intention was to generate knowledge to enhance the efficacy of Africa’s political economy and development pathways by identifying alternative macroeconomic policy and institutional options that can be deployed to enable deeper so...

State Fragility, Macroeconomic Policies and Macroeconomic Outcomes in Sub-Saharan Africa

We study how state fragility conditions affect macroeconomic outcomes in sub-Saharan African economies, and identify some of the most plausible transmission mechanisms. Applying dynamic panel estimation techniques and structural vector autoregress...

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