Abstract This paper employ various econometric techniques to analyze the determinants of inflation in Namibia, focusing particularly on the relationships that exist between the Namibian price, as the dependant variable, and the real Gross Domestics Product, Broad money supply, interest rate, and South African Price index as well as the United States price index, being the explanatory variables and probable determinants of inflation rate in Namibia.. Inflation equations that were estimated us...
ABSTRACT The study examined the impact of money supply on economic growth in Nigeria. In the model specified, real gross domestic product (real GDP) is the regress while broad money supply, real exchange rate, and real interest rate are the regressors. Data was collected from CBN statistical Bulletin for the period 1981 – 2010. The statistical techniques used for the analysis is the ordinary least square techniques with the aid of Stata 10 software package. The research indicates that real ...
It's a comparative study of African countries with the highest GDP against their food production amid the ever growing population to ascertain if truly they are under threat of food security. Abstract Sustainable food security is every nation’s goal. For a nation to achieve sustainable food security, the food supply must exceed the demand. Using trend analysis, this study is an attempt to compare the nature of food security from 2000 to 2014 in Nigeria to selected African countries in eac...
Abstract: Within the last decade, China has emerged as the single largest bilateral lender to Africa, being only comparable to the World Bank in terms of volumes. However, despite its growing presence, China has become infamous for lack of transparency in its lending practices; there is no accurate data regarding its outstanding debt stocks, debt flows, and most importantly, its lending terms and conditions. Using a set 37 original loan contracts between China and 10 different African countr...
This paper looks at how African countries have been dribbled by the two ideological blocs-capitalist and socialist– all in search for ideal path to development. Their dissatisfaction with these two contending and often conflicting politico-economic prescriptions (path of capitalism and path of socialism) for development led scholars, intellectuals, leaders and policy-makers, and analysts in the Third world, which Africa constitutes a part, to come up with the idea of ‘delinking’ from ...
ABSTRACT The study investigates the impact of government expenditure on economic growth of Nigeria from the period 1980-2011. The objective was set to address the problem of utilization of revenue targeted to improving the economic condition of Nigeria. The review of theoretical and empirical literature provided a basis for the selection and specification of model which was used to show if government capital and recurrent expenditure has positive or negative impact on economic growth. The dat...
Abstract: African swine fever (ASF), a hemorrhagic disease of domestic pigs, is caused by a large enveloped icosahedral arbovirus of the Asfivirus genus in the family Asfarviridae . It has a linear, covalently close-ended, double stranded DNA (dsDNA) genome, 170 – 190 kbp in size. Warthogs (Phaecochoerus aethiopicus ), bushpigs (Potamochoerus porcus ) and soft ticks of the Ornithodoros genus are natural reservoirs of ASF virus (ASFV) in Africa. Serological differentiation between field str...
Abstract This study empirically investigates the inflation-economic growth relationship to determine whether a threshold effect exists and if so to estimate the optimal inflation level which is conducive for economic growth in Namibia. With this view, various tables and charts, correlation matrices, pair-wise Granger Causality tests and a quadratic regression equation was estimated by OLS. Time series annual data covering a sample period from 1980 to 2012 were used in the estimation process....
This study investigates the relationship between mandatory contractual savings and stock market development in Sub-Saharan African (SSA). It also investigates the compatibility of the policies and regulations adopted in SSA countries, with the relationship between mandatory contractual savings and stock market development. Before the exploration of the relationship, an analysis of the characteristics of both mandatory contractual savings and stock markets was done. The rationale of the stu...
ABSTRACT Foreign direct investment (FDI) has played a key role in the growth and development of developing economies. However, one prominent opposing question about foreign direct investment is whether it is a blessing or a curse to the natural environment of the host country. While some argue that the positive spillover of FDI especially through green technologies improves the natural environment of the host country, opponents argue that it deteriorates the natural environment through an inc...
ABSTRACT The Arab Spring is an ongoing wave of demonstrations and protests in the Arab world, which began in December 2010. Popular protests have led to the overthrow of regimes in Tunisia and Egypt; a civil war in Libya; civil uprisings in Bahrain, Syria and Yemen; major protests in Algeria, Jordan, Morocco and Oman; and minor protests in a number of other countries in the Middle East and North Africa (MENA) region. This study examined the political, economic, social and security aspects of...
ABSTRACT Most developing nations have embarked on various reforms that foster the use of telecommunications in their economies. The reforms tend to yield little or minimal benefits to economic growth and development, especially when compared with developed countries of the world. Technological advancement is known for its fast rate of economic development. In Nigeria, policy on the adoption of information and communication technologies was initiated in 1999, when the civilian regime came into...
This is work contains just proposal foe chapter 1 to 3. This section briefly describes the commercial banks in the country and provides a general overview of the role of commercial banks in a country, thus setting out the context for the study. It review relevant literature and develops an analytical framework in order to assess whether or not the commercial banking sector in Liberia is making a difference.Delivering quality service to customers is a must for success and survival in today’s...
ABSTRACT Britain's initial consideration to become a member of the European Community began on 1 August 1961, but officially became a member of the EU on June 7, 1975. The UK in contemporary times has been the second greatest contributor after Germany, to financing the budget of the EU. However, the decision by the UK on June 23, 2016, to leave the European Union (which has been termed ‘Brexit’) has generated much global concerns on both the shortterm and long-term implications this move...
ABSTRACT The telecommunications industry in Africa has exhibited tremendous development since the turn of the century. This study analyzes production efficiency changes in the African telecommunications industry in the period 2000 to 2009. Furthermore, an attempt is made to assess the determinants for such efficiency changes. The results show that the industry has improved its productivity levels. However, most of the productivity growth is resulted from technological advancement and less fr...