The study investigates the effects of monetary growth; rates of depreciation of domestic currency in both the official and black markets; and foreign inflation rate on domestic (consumer price) inflation in Sub-Saharan Africa. The lags in the effects of these variables are also analysed....

This study investigates the initial and long-run effects of public investment expenditure on economic growth, especially as compared with private investment. Annual data over 1970-90 for 48 developing countries form the basis of the empirical analysis. Our findings suggest that infrastructural...

This study examines the effects of selected policies on economic efficiency in 81 developing countries by pooling cross-country data over various subperiods between 1961-90. An incremental output-capital ratio is the measure of economic efficiency, while the policy variables include: export...

The study is based on flow-of -funds annual panel data from 15 LDCs for varying periods that fall between 1970s and middle 1980s. It endeavors to identify the factors that determine the various components of capital accumulation account of the flow-of-funds data viz. Saving, investment and net...