ABSTRACT Diaspora remittances have become an imperative source of capital flows for different countries worldwide. Even though developing countries such as Kenya do not have a significant share of this capital flow, diaspora remittances is noted to be useful in promoting household income, stimulating and enhancing investment and economic growth in the country. There are few studies that have focused on the nexus between diaspora remittances and economic growth. These studies however do not ca...
ABSTRACT As popular and mostly craved for as the most special and responsive form of governance and best form of political setup, democracy has caused quite a problematic predicament and dilemma in Africa. Criticisms have been directed at Africa‟s failure to fully comprehend democracy and its many tenets that have at most times been seen as undermined. Amongst the most crucial complaints by the International organizations and renowned International Criminal Court have been the underlying ac...
ABSTRACT The term unemployment can be defined as an economics condition marked by the fact that individual actively seeking jobs remain unhired. Unemployment is expressed as a percentage of the total available work force. The level of unemployment varies with economics conditions and other circumstances. This is mostly seen in graduate of various institutions of learning especially in under developed nations like Nigeria. The study was designed to investigate the impact of unemployment on eco...
ABSTRACT This study investigated the relationship between stock market performance and economic growth in Ghana for the period 1991–2014, using quarterly secondary data. The objective was to empirically analyse the relationship between stock market performance and economic growth using Auto regressive Distributed Lag (ARDL) approach.The study found acointegrating relationship between economic growth and its determinants. The regression results show that stock market performance is a very ...
ABSTRACT This research report was set out to investigate the impact private investment on economic growth (measured by GDP) in Burundi (2000-2015), the study employed time series survey data. its objectives were to; Examine the trend of private investments in Burundi, Establish the trend of economic growth of Burundi through its GDP and Assess the impact of private investments on economic growth of Burundi. The hypothesis of the study was there is no significant relationship bet~’een priva...
ABSTRACT Employment opportunities have been the most significant priority by the Kenyan Government, where various policies have been put in place to cater for it. Economic growth is reckoned to be essential since a positive growth rate will encourage inward investment and improve revenues, which can be spent on long-term public sector works. However, youth unemployment is a consistent problematic element in Kenya, affecting the economy to a large extent. The general objective of this study wa...
Colonialism has grave consequence on Africa given the western value it installed and dislodged African value. If not how could one explain decades of reckless importation of vaccines for treatment of the bulk of African populations without looking inward to home-grown remedies. This is what fires the interventionist call for revisiting of the Ebers Papyrus that appeared to have been undermined in Africa’s response to Covid 19 pandemic. The paper notes that Ebers Papyrus is one of the oldest...
ABSTRACT This research work Globalization and its impact on the growth of the Nigerian economy from periods of 1986 to 2008 is basically to determine the impact of globalization on the Gross Domestic Product of the Nigerian economy as well the impact of financial integration on the Nigerian economy. It was found out in recent years that the Nigerian economy has developed economically wise due to globalization. Globalization being a process of interconnections between countries of the world h...
ABSTRACT The major purpose of this study was to analyze trade facilitation and its impact on East African regional trade, analyze non tariff barriers and their impact on EAC trade. To achieve this major purpose, four research objectives were formulated and these included: to analyze trade facilitation in East Africa and establish its impact on trade within the region, to identify various NTBs and their impact on regional trade; to discuss key provisions of EAC Customs Management Act and how t...
ABSTRACT The study determines the causal relationship between financial development and economic growth in Namibia. In order to test for existence of long run relationship between the variables, the study employs a cointegration and vector error correction model (VECM) technique. Granger causality test was applied to the variables to test for the direction of causation between variables. The study uses quarterly data for the period of 1993 to 2007. Economic growth is proxied by gross domesti...
ABSTRACT A great deal of literature from a number of studies established that stable financial system offers risk diversification and efficient capital allocation that leads to economic growth of a country and also the economic expansions caused by harnessing FDI as a source of external financing equally leads to economic growth. However, finance literature records that moderate and low rate of inflation positively affects growth of the economy but high and accelerating rate of inflation jeo...
ABSTRACT This study is motivated by Theology of Development, mostly focusing on the paralysis of Aid at the expense of economic trade. It seeks to unravel and find out the real deal African communities can benefit from (Trade and Not Aid) through a study carried out in Wards 1 and 6 of Mubayira constituency the study looks at the model of African economies of Aid based/dependency as evidenced in Malawi and many parts of Africa. In many of these parts, aid has been the major focus and expected...
Abstract The econometric nexus among infrastructure growth, external debt and Exchange Rate in the SubSahara Africa region has been investigated. The study period covered 1980 to the year 2017 for 42 countries in the Sub-Sahara Africa region. The study utilized co-integration and Vector Error Correction Mechanism, a type of Panel Vector Autoregression to test the nexus between infrastructure growth, external debt, and real exchange. Granger causality test examines the causal nexus among the v...
Abstract: South African foreign policy is not made in a bubble; as a democracy since 1994, its outward orientation is theoretically subject to lobbying and pressure from outside groups as well as jockeying among bureaucratic entities. This study aims to unpack the processes through which governments’ foreign policies are made, specifically in South Africa, to determine whether foreign policy making is in reality open to outside inputs, or whether the foreign policy arena as in many countri...
ABSTRACT Tax has impacted significantly on economy globally. In addition to the revenue generation function it performs for the government, it has also proved to be a useful tool of fiscal policy in achieving the country’s macro-economic objectives. In Nigeria, revenue generation from taxes has contributed substantially to the income of the government although the role of tax in promoting economic growth has not been adequately felt. Past documentations have revealed that revenue from taxes...