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The purpose of this paper is to examine factors that have constrained South Africa's growth since the end of apartheid by comparing its GDP components and its saving and investment performance with those of 10 faster-growing countries. The study finds that sluggish investment has undermined...
Persistent link: https://www.econbiz.de/10012677704
Persistent link: https://www.econbiz.de/10012691029
The paper addresses the impact of HIV/AIDS on per capita output and income, with particular emphasis on the role of … finds that HIV/AIDS affects both the supply of labor and the demand for labor in the formal sector. Only if there is a … HIV/AIDS on output is complemented by an assessment of the impact on income. …
Persistent link: https://www.econbiz.de/10005599497
Using available data on the distribution of HIV/AIDS prevalence across population groups for four sub-Saharan African … countries and transposing this information to household income and expenditure surveys, we simulate the impact of HIV/AIDS on …
Persistent link: https://www.econbiz.de/10005825925
This paper provides an overview of the potential macroeconomic effects of HIV/AIDS in Botswana, focusing on the key … impact of HIV/AIDS, a dual-economy equilibrium model is constructed and simulated under different scenarios. Depending on … exactly how AIDS affects the outlook, GDP growth is projected to fall from around 5½ percent a year without the pandemic to …
Persistent link: https://www.econbiz.de/10005826153
Intro -- Contents -- I. INTRODUCTION -- II. PROS OF DOLLARIZATION: ANALYTICAL CONSIDERATIONS AND EMPIRICAL EVIDENCE -- III. CONS OF DOLLARIZATION -- IV. CHOICES OF CURRENCY REGIMES IN POSTCONFLICT COUNTRIES -- V. CONCLUSIONS: IS LIBERIA A CANDIDATE FOR FULL, DE JURE DOLLARIZATION? -- References.
Persistent link: https://www.econbiz.de/10012691035
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This paper studies the potential effects of geoeconomic fragmentation (GEF) in the sub-Saharan Africa region (SSA) through quantifying potential long-term economic costs. The paper considers two alternative GEF scenarios in which trade relations are fully or partially curtailed across world...
Persistent link: https://www.econbiz.de/10015058582
Inflation in low-income countries is often high and volatile, driven by external shocks. In addition, inflation in fragile states is affected by highly volatile domestic factors that complicate monetary policy's ability to deliver price stability. We estimate the drivers of inflation in Guinea...
Persistent link: https://www.econbiz.de/10015059498
This study examines the relationship between the foreign exchange regime and macroeconomic performance in Eastern Africa. The study focuses on seven countries, five of which decisively liberalized their foreign exchange regimes. The study assesses the relationship between (i) growth and various...
Persistent link: https://www.econbiz.de/10010790391