The paper describes revisions to the trend labour efficiency component of the production function underpinning long-term economic scenarios. The main goal of the revision is to add more policy and institutional determinants in the equation to enrich the scenarios that can be constructed. In the...

The paper describes the framework used in long-term economic scenarios for the projection of the saving rate, investment, capital stock and current account. The saving rate is determined according to an estimated equation which suggests that demographics, captured by the old-age dependency rate...

This paper will attempt to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by identifying an FDI reliance-rejection paradox emanating from the incompatibility between colonial legacies and Structural Adjustment Programmes. Since the 1980s, international...

This paper will attempt to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by identifying an FDI reliance-rejection paradox emanating from the incompatibility between colonial legacies and Structural Adjustment Programmes. Since the 1980s, international...

This paper attempts to provide a comprehensive answer to the complex issue of development in sub-Saharan Africa by identifying an FDI reliance-rejection paradox emanating from the incompatibility between colonial legacies and Structural Adjustment Programmes. Since the 1980s, international...