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External Aid Inflows and the Real Exchange Rate in Ghana

"This paper develops an empirical model for Ghana’s real exchange rate with special focus on foreign aid. The novelty of this study is the interfacing of exports with a policy environment, using aid as proxy, to see how it affects export performanc…

Foreign Aid and Economic Performance in Tanzania

"This study examines the impact of foreign aid inflows to Tanzania on macroeconomic variables such as the real exchange rate, export performance, government expenditure, investment and growth. The main hypothesis of the study is that aid inflows c…

Modelling the Inflation Process in Nigeria

"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 i…

The Determinants of Real Exchange Rate Volatility in Nigeria

The naira exchange rate depreciation and volatility is among the vast macroeconomic maladjustments which have unfolded in the Nigerian economy in the recent past. This paper therefore, investigates the determinants of real exchange rate volatility i…

Foreign Aid and the Real Exchange Rate in the West African Economic and Monetary Union

This paper aims to re-examine the relationship between foreign aid and the real exchange rate, using the recent econometric methods developed for non stationary dynamic panels and an estimator that imposes a weaker homogeneity assumption on the slo…

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