Abstract: The need to diversify the economy so as to ensure sustainable economic growth has been of great concern. Accelerating productivity in agriculture is seen as one of the alternatives to support the diversification initiatives by the government and drive growth in Botswana. This study discusses the factors contributing to increased long term agricultural productivity and hence its subsequent impact on growth in the short. The study employs the vector error correction model and annual ...
ABSTRACT This work studies the relationship between foreign private investment, capital formation and economic growth in Nigeria. One objective is to determine how foreign private investment affects capital formation in the domestic economy and the other objective is to estimate the impact of capital formation and foreign private investment on economic growth in Nigeria. In order to achieve these objectives, we estimated the model of capital formation and economic growth for Nigeria. We fou...
Abstract: Food security remains Africa's most fundamental challenge, at present a third of the African population faces widespread hunger and chronic malnutrition, therefore posing a threat of acute famine and food crisis. This study will show the critical issues brought about by food security the progress been made to change the insecurity. Its focus is mainly on the dynamics of the global food systems unde1mining the world's ability to provide everyone with safe, sufficient and nutritious ...
ABSTRACT Micronutrients which are nutrients that are only needed by the body in minute amounts play leading roles in the production of enzymes, hormones and other substances and also help to regulate growth activity, development and functioning of the immune and reproductive systems. MicronutrientsPace ficiency conditions are widespread among 2 billion people in developing and in developed countries. These are silent epidemics of vitamin and mineral deficiencies affecting people of all gender...
ABSTRACT Aquaculture in Kenya is diverse with uncharacterized fish strains under varying production and management systems. This study characterized the smallholder aquaculture systems and analyzed the growth and survival of the African catfish (Clariasgariepinus) fingerlingsin the former Eastern Province of Kenya. The study also mapped the smallholder aquaculture value chain and identified the main challenges therein. Information on the value chain, fish production and management was collat...
This study investigated the effect of international tourism development on economic growth inZimbabwe, using time series data spanning over the period 1980 to 2017. The main aim of thestudy was to examine whether international tourism is a pathway to economic recovery inZimbabwe. The study adopted the tourism growth model proposed by Balaguer and Cantavella-Jorda [1] and applied the Autoregressive Distributed Lag (ARDL) bounds testing approach and itsassociated Error Correction Model (ECM). T...
ABSTRACT This study investigated the relationship between economic growth and financial deepening for the case of Ghana using quarterly data from 1983 to 2008. Whereas financial deepening was proxied by credit to private sector/GDP and broad money/GDP, economic growth was measured by real GDP per capita. Other variables included gross fixed capital formation/GDP, interest rate and government spending/GDP. Employing the Johansen cointegration approach, vector error correction, vector autoregre...
Abstract The rate of unemployment has always been calling for attention in most of the sub-Saharan Africa countries. The situation is also pertinent in Nigeria despite inflow of foreign direct investment (FDI) and rise in gross domestic product (GDP). The study investigates the impact of FDI and GDP on unemployment in Nigeria using time series data spanning 1981 to 2017; descriptive and inferential statistics of ordinary least square (OLS) method were used. Results of the analysis r...
The global income distribution highlights the extraordinarily high degree of inequality. The average income of the top 20% of the world’s population is about 50 times the average income of the bottom 20% (HDR 2005). Kenya’s top 10% households control 42% of the total income while the bottom 10% controls less than 1% (SID, 2004). Kenya’s long term development goal as indicated in its Vision 2030 is to transform the country into a middle income country with a sustainable economic growth ...
ABSTRACT Over the last decade, the concept of good governance has been highly canvassed for across the world. For Africa in particular, the concept has been viewed as a panacea for its increasing challenges in governance and sustainable economic development. This has necessitated development partners such as the International Monetary Fund (IMF), the World Bank (WB) and United Nations Development Programme (UNDP) to spell out a set of principles to guide their objectives in member countries...
TABLE OF CONTENTSDECLARATIONAPPROVAL iiDEDICATIONACKNOWLEDGEMENT WTABLE OF CONTENTS VLIST OF TABLES V1NLIST OF FIGURESABSTRACTCHAPTER ONEPROBLEM AND ITS SCOPE1.1 Background of the Study1.2 Statement of the Problem 31.3 Purpose of the StudyI .4 Research objectives 31.5 Research Questions1.6 Hypothesis of study 41.7 Scope of the study1 .7.1 Content scope .41.7.2 Geographical Scope 41.7.3 The theoretical scope 41.7. 4 Time scope1.8 Significance of the Study 51.9 Operational definitions 5CHAPTER ...
This study examined the economic relationship among agriculture and petroleum sectors and growth of Nigeria’s economy as well as the effects of these two key sectors on the economic growth. The Bound (ARDL) test which was used to examine the long-run relationship among the variables revealed that there is a long-run relationship among agricultural and petroleum sectors and economic growth. In the short run, both sectors have positive significant relationship with the economic growth. While ...
Abstract: The Ethiopian government has staked its political future on achieving highly ambitious economic growth targets and shifting the country to an urbanizing industrial economy. According to Ethiopia’s Growth and Transformation Plan, the country aims to achieve a middle income status by the year 2025. One of its major projects, Gibe III, will be the highest dam in Africa. Together with already built Gibe I Dam and Gibe II power station and the yet to be built Gibe IV and V, it is expe...
ABSTRACT The research aims to find the relationship between income inequality and economic growth in the Brazilian economy. Economic growth and income inequality are defined in the light of academic literature and their varied effect on wellbeing are explored. The research methodology selected is deductive. The data have been collected through secondary sources and a multiple regression model is used to study the relationship between the economic performance and income inequality in Brazil. ...
ABSTRACT A booming interest in the topic of Diaspora remittances has developed over the past few years on the part of academics, donors, international financial institutions, commercial banks, money transfer operators, microfinance institutions, and policy makers. The surge of remittances to countries of origin in the last two decades, exceeding aid and foreign direct investment (FDI) to developing countries, has reignited debate on their development potential in receiving countries. Alongs...