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To the apparent surprise of G20 Finance Ministers and Central Bank governors meeting in Washington during the annual October gathering in 2008, George Bush, outgoing President of the United States of America (US), proposed that a formal summit of G2…
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"Small and Medium Enterprises play a crucial role in achieving the industrial and economic development objectives of an economy. SME's play an important role in employment creation, especially for the unskilled and semi skilled. They also possess th…
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"The study examines the influence of the major determinants of inflation with a particular focus on the role of exchange rate policy changes. The gradual change in policy orientation from “controls” to “market” in Tanzania is associated with a chang…
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"The research project as a whole is focused on causal relationships running from health to productivity and poverty reduction with the aim of informing health policy. This framework paper deals with research possibilities in the field of macroeconom…
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"This paper analyzes how Uganda could exploit export market diversification as one of the possible responses to the potential impacts of the global financial crisis. It provides an overview of the possible impact of the crisis on the macroeconomic o…
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Financial inclusion in developing economies remains a major concern nowadays, both for national policymakers and international stakeholders. For a country like Cameroon, aspiring to an emergence in 2035, the key challenge is to identify and overco…
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This paper discusses the role of fiscal policy rules in promoting fiscal discipline and transparency in Ghana. The adoption of fiscal policy rules and independent fiscal policy councils are investigated and whether it can help improve fiscal perform…
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This paper sought to provide some understanding of the Nigerian economy in a clear, simple and concise form. Though the Nigerian economy has a complex history that can hardly be exhausted in a monograph, the authors attempted to have a comprehensiv…
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"Perennial budget overruns and their adverse effects on the economy have attracted widespread concerns. Motivated by these concerns, this paper assesses institutional processes, arrangements and the legal framework for budget preparation, implementa…
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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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This study investigated the probable sources of crisis in the financial sector of Nigeria, over the period, 1960-2014. Two distinct phases of financial crises in the country were enclosed by the scope of the study. Both the policy and economic envir…
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To counter the devastating impact of COVID-19, calls are growing for countries to ‘build back better’ in an effort to create a more inclusive and sustainable economy that is climate resilient. Africa is facing glaring development and climate risk ch…
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The Moroccan economy is facing an extremely difficult and complex 2020. The crisis caused by the Covid-19 shock is unique, multi-faceted and fundamentally different from previous crises. It alters the manufacturing system by a dual shock of supply a…
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This paper empirically investigated the fragility-growth nexus, as well as the fragility poverty nexus, in a sample of 36 states and Federal Capital Territory (FCT) in Nigeria. We further considered the macroeconomic and socio-political relationship…
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The Zambian National Budget for the year 2022 was announced by the Minister of Finance on 29th October 2021. This marked the first Budget of the newly elected United Party for National Development Government following the August 12, 2021 national el…
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The spread of COVID-19 in 2020 and 2021 has caused high mortality and morbidity rates across the globe. Senegal, along with other developing countries, experienced the weakening of major economic sectors such as tourism, health, agriculture, banking…
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Ghana’s participation in the G20 Compact with Africa (CwA) indicates its strong appetite for reforms, seeing as its reform commitments were already reform actions under its International Monetary Fund (IMF) Extended Credit Facility Programme. Howeve…
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This paper provides a primarily qualitative analysis of sovereign wealth funds (SWFs) on the African continent. It explores SWF mandates, including macro-economic management, savings and development, and their ability to combat the so-called resourc…
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For a long time, the West African Economic and Monetary Union (WAEMU) countries have been experiencing persistently high budget and current deficits. This study was undertaken to empirically test the “Twin Deficits Hypothesis” in these countries. …
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Those with dissenting views regarding the structure of monetary union arrangement in the ECOWAS often argue that the macroeconomic convergence criteria have hampered the ability of countries in the region to stabilize their economies with appropriat…
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