Abstract This study sought to examine the impact of the monetary policy on Namibia’s economic growth within Common Monetary Area. The main objective was to empirically estimate the impact of changes in monetary policy on economic growth in Namibia. This was done by regressing the changes in the repo rate with Gross Domestic Product growth rates, inflation rate and real exchange rate as independent variables. The sample consisted of 64 observations spanning from 2000Q1 to 2016Q4, using s...
ABSTRACT This thesis examines the relationship between financial sector development and international trade in Africa. Specifically, the study investigates (i) the direct and indirect effects of finance on trade via economic growth (ii) threshold effects of finance–trade nexus mediated by the levels of finance as well as (iii) sectoral effects and transmission channels of finance on international trade. It employs standard approaches namely the generalized method of moments (GMM), threshold...
Abstract African ontology, for the most part, has been premised on an ancient theory of forces hierarchicized in an inseparable continuum. The basic assumption that forces interact, intermingle and interpenetrate one another informed the extended family relations which stresses the brotherhood of man and the communion of souls from which architects of African societies in the post-colonial era constructed primitive socialism(s) and primitive capitalism( s). The purist school of thought in Af...
ABSTRACT This study explores the socio-economic effects of colonialism on African women using the case study of Zimbabwe. It investigates on whether the problems that African women face today are a result of colonialism. The study also gives a better understanding of colonialism and both its negative and positive effects on African women particularly in Zimbabwe.. Interviews group discussions, books, journals and internet sources were referred to extensively in order for the researcher to co...
For several years in the past, the Nigerian economy was characterized by a high level of external and internal debts. Contrary to expectations, the country’s economy grew sluggishly. This necessitated the re- examination of the effect of fiscal deficit financing on the economic growth of Nigeria. The study period covers from 1980 to 2018. Specifically, the study sought to ascertain the effects of domestic borrowing, external borrowing, way and means and the use of foreign reserves on the re...
ABSTRACT Food insecurity has been a global problem for decades. It is high on Africa‘s development agenda especially in sub-Saharan Africa. Advanced causes of food insecurity are climate change, food price increase and volatility since 2008 and poverty. Other causes are population growth, armed war and conflict, coupled by external and internal policies. This study focused on assessing factors constraining food security in Dodoma region a case of Chamwino district. The study aimed to deter...
BACKGROUND OF THE STUDY The small and medium scale enterprises (SMEs) have been generally acknowledged as the bedrock of the industrial development of any country. Apart from the numerous goods and services, they provide a veritable means of large scale employment as they are usually labour intensive. (Yerima et al 2007). In developing countries, Nigeria have since the 1970‟s shown increased interest in the financing and promoting small and medium scale enterprises from three main reasons. ...
The empirical studies have portrayed from a different perspective that technology, foreign direct investment (FDI), and economic growth have diverse outcomes on carbon dioxide (CO2) emissions. African economies specifically Kenya are currently threatened with more CO2 emissions for which proper strategies need to be adopted to reduce and mitigate this situation. To address this issue, the Autoregressive Distributed Lag (ARDL) technique was utilized, differentiating between the long-term and s...
Abstract INTRODUCTION Accountability is an essentially contested, and hence thoroughly political notion: an umbrella concept touching upon almost all facets and aspects of the drive for ‘democracy’ and ‘good governance, in developed industrial countries as well as in emerging economy countries like Tanzania. It has become a buzzword in the Washington Consensus ideas about economic development through improving competitiveness, and in concomitant funding programmes by the WB, IMF, OECD a...
ABSTRACT Education expenditure is trusted to be one of the key priorities towards economic growth and welfare improvement. The Tanzanian government believes that the improvement in economic growth and living standard of the people can be achieved through increase in public education expenditure. However, despite the efforts of improving the quality and access to education in Tanzania, there is still no clear understanding of quantitative effects of education expenditure on economic growth and...
his study empirically examined the effect of research and development on agricultural sector growthin East African Community from the year 2000-2014. According to the endogenous growth theory,research and development leads to increase in the stock of knowledge which in turn has got spill overeffects hence leads to economic growth. However, little is known on the effect of R&D on theagricultural sector in the EAC hence the study sought to bridge this knowledge gap. The objective ofthis study w...
ABSTRACT The purpose of this project work is based on the relative performance of monetary policy in the Nigerian economy. This work discussed the meaning of monetary policy is as combination of measures designed to regulate the value, supply and cost of money in an economy in consonance with the expected value of economies activities. The study shows further, the aims and objectives of monetary policy which includes price stability, maintenance of balance of payment equilibrium, promotion of...
ABSTRACT In Sub-Saharan Africa, rapid urban growth has outstripped the capacities of central and local government to control and regulate urban land development; hence people construct their homes on available lands most of which are liable to floods. This research set out to identify the driving forces of spatial growth and to simulate spatial growth patterns of structures in the Shama district of the Western Region of Ghana using an agent-based modeling approach. The study was conducted wit...
ABSTRACT This work is based on an empirical analysis of the impact of fiscal policy on economic growth in Nigeria 1981-2015. The main objective of this study is to empirical investigate/assess the impact of fiscal policy on Nigeria economic growth. A model was constructed to incorporate real gross domestic product (RGDP) as the dependent variable, tax, capital expenditure, recurrent expenditure, domestic debt as the independent variable and tested using the ordinary least-square (OLS) techniq...
ABSTRACT Malaria has played an important role in the history of mankind because it is a constant threat to human health and it affects economic development and growth in areas highly affected by the disease. The disease is more lethal in children 0-5years, pregnant women and in people from non-malaria endemic areas. An estimated 247 million cases, nearly a million deaths, mostly in children less than five years old were attributed to malaria (WHO, 2008a). Nigeria accounts for a quarter of all...