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Challenges Associated with the Development of Oil and Gas Sector in Uganda

"The production of oil poses a number of challenges, including the impact of the potential scale of revenues on consumption patterns, inflation and demand for certain goods and services, and the impact of price and production volume volatility on ...

The Impact of Government Policy on Macroeconomic Variables: A Case Study of Private Investment in Tanzania

"The major hypothesis of the paper is that private sector investment is necessary if economic growth is to be accelerated. However, in order to stimulate such investments appropriate monetory, fiscal and exchange rate policies have to be formulat...

Macroeconomic Approach to External Debt The Case of Nigeria

"One of the greatest problems facing many Sub-Saharan African countries today is the amount of their external indebtedness. The external debt problem is becoming more acute for a number of reasons. First, the size of the debt relative to the si...

Food Security, Agricultural Policy & Environmental Interface: An African Perspective The Case of Botswana

"This paper begins with an outline of the Southern African region's background, then define food security in the region, and discuss food security issues in terms of macroeconomic and agricultural policy perspectives. In this paper, food security ...

Macroeconomic Policy and Trade Integration in Southern Africa

"Macroeconomic policy convergence may not be strictly necessary for countries within a regional trading arrangement to trade with each other using their existing economic capacity. The argument of this paper is that macro convergence around low ra...

Inflation Dynamics in Botswana and Bank of Botswana's Medium-Term Objective Range

"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 ...

In Further Pursuit of an IMF-Programme: Possible Pathways for Zambia and Lessons for Africa

Since 2015, Zambia’s real GDP growth has declined markedly, its local currency has depreciated notably with episodes of serious volatility, and the risks of fiscal and debt distress have mounted. As the country searches for solutions, one viable i...

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