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Towards a New 'Washington Consensus'? South Africa, The G20 Leaders' Summit and the Financial Crisis

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 ...

Exchange Rate Regimes and Inflation in Tanzania

"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 cha...

Macroeconomic Approaches to Identifying the Effects of Health on Output, Growth and Poverty

"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 macroecon...

Mitigating the Effects of the Credit Crunch through Trade: The Case of Uganda

"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...

Performance and Competitiveness of Small and Medium Sized Manufacturing Enterprises in Botswana

"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 ...

Improving Fiscal Management in Ghana: The Role of Fiscal Policy Rules

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 perfo...

The Nigerian Economy Reforms, Emerging Trends and Prospects

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 comprehens...

Righting The Ills Of Budget Preparation, Implementation And Oversight In Ghana

"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, implemen...

Macroeconomics Implications of Female Entrepreneurs Facing Financial Frictions in Credit Access: A DSGE Model Approach in Cameroon

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 over...

Private Sector Investment in Sierra Leone: An analysis of the Macroeconomic Determinants

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 ...

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