Inclusive financial systems in any economy cannot be ignored. In fact, it has become a policystrategy in many governments around the world, including East Africa region economies – Kenya,Uganda and Tanzania. Using panel data, this study presents a cross country analysis of thevariables that determine financial inclusion levels with a key focus on economic growth throughdemand leading hypothesis. The study sought to test if economic expansion matters in financialinclusion in East Africa for ...
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...
One thing leads to the other. Deforestation leads to climate change, which leads to ecosystem losses, which negatively impacts our livelihoods – it’s a vicious cycle” – this is the famous quote by the Supermodel and United Nations Goodwill Ambassador, Gisele Bundchen. Nowadays, one of the most topical issues that have received extensive attention in Environmental and Development Economics centers on what Bundchen was talking about. Attempts at demystifying Bundchen’s statements have...
Faced with the financial crisis and global economic recessions, Africa governments have rediscovered the importance of economic policy instruments. They use it to rescue the bankrupt banks, and to make more economic activity to carry back recession. But now there's a backlash demanding that the deficits used to create the stimulus must be reduced by cutting public consumption spending on a grand scale. Hence the target of this study is to explore the role of public consumption expenditure on ...
While there's an outsized consensus within the empirical literature on the negative impact of corruption on the economic process, some studies still argue that corruption could also be economically justified. There is, however, little empirical evidence to validate the impact of corruption on economic growth within the devolved units. The effect of the corruption rate on the economic activities is examined using ordinary least squares regression analysis and Kenya county-level data. The resul...
The goal of this research was to investigate empirically how government expenditure contributes to economic growth in East Africa. Most existing studies examining the relationship between expenditure and economic growth show conflicting results and mainly focus on aggregate expenditure. Hence this study focused on disaggregated expenditure over the period from 1980 to 2010. The objective ofthe study was to establish these expenditures that have effects on growth using balanced panel fixed eff...
The empirical debate on the role of road transport infrastructure on domestic economic growth is inconclusive and is characterized by two main opposing views: the road-led economic growth hypothesis and the distorting effect of infrastructure growth hypothesis. The objective of this paper is to examine the effect of road transportation infrastructure on economic growth in Kenya using time series data over the period 1990-2020. Empirically, the study develops a transport-growth model that is a...
ABSTRACT This study examined the impact of the Foreign Direct Investment (FDI) on economic growth in Uganda using time series data from 1990-2016.The specific objectives of the study were: to examine the effect of FDI on Agricultural sector growth, Manufacturing sector growth, Industrial sector growth and Service sector growth in Uganda using Seemingly Unrelated Regression analysis (SUR). This method of analysis allows modeling of the sector growth rates on same set of FDI, Human capital, l...
ABSTRACT The focus of this study was to investigate and ascertain why there is lack of socio economic growth sustainability in the rural communities of Oyam District despite massive levels of support initiatives released in terms of funds, technical assistances, relief and time. The key objectives were therefore to determine the magnitude of the initiatives and their socio economic growth realized, challenges encountered in the process of implementation, survival techniques of the rural com...
Abstract This post-graduate thesis presents a regression analysis of the accumulated empirical evidence on the relationship between economic growth and unemployment in Uganda. Okun’s law emphasis the relationship between economic growth and unemployment stating that there is inverse relationship among economic growth and unemployment. Even so, sometimes both variables move towards same direction meaning an increase of economic growth leads to a rise of unemployment. The researcher employe...
ABSTRACT The study was carried out to determine the relationship between the level of inflation and the level of economic growth (growth rate) in Uganda between 1980-2010. The study used the expostfacto research design and descriptive co relational survey design. The researcher also used annual statistical records about inflation rate as measured by consumer price index (CPI) and growth rate. The researcher used purposive sampling strategy in the process of data collection and used record s...
ABSTRACT The main purpose of this study was to establish the influence of public expenditure on economic growth in Uganda from 1995-2014. It was driven by three major objectives; To determine the trend of public expenditure from 1995 -2014; To determine the trend of economic growth from 1995-2014; To establish if there is significant relationship between public expenditure and economic growth from 1995-2014. Using time series data from the world bank and Uganda bureau of statistics, both co...
ABSTRACT In this study researcher investigated the relationship between effectiveness of financial systems and economic growth in selected MFIs in Rusizi District Rwanda. It was carried out with the specific objectives to determine the profile of the respondents as to age, gender, highest level of education, and professional experience, determine the level effectiviness of financial systems in selected microfinance institutions, determine, the level of economic growth, and lastly, to establ...
Abstract This post-graduate thesis presents a regression analysis of the accumulated empirical evidence on the relationship between economic growth and unemployment in Uganda. Okun’s law emphasis the relationship between economic growth and unemployment stating that there is inverse relationship among economic growth and unemployment. Even so, sometimes both variables move towards same direction meaning an increase of economic growth leads to a rise of unemployment. The researcher employe...
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...