TABLE OF CONTENTDECLARATION ............................................................................................................................... iAPPROVAL ....................................... : ............................................................................................. iiDEDICATION ................................................................................................................................ iiiACKNOWLEDGEMENTS ....................................
The Eastern Cape is one of the poorest provinces in South Africa. It is devoid of minerals such as coal, gold and diamonds, which are the main drivers and major role players in the economy of South Africa. In as much as it is one of the poorest provinces in the Eastern Cape, especially in terms of mineral resources, it is also the richest province in terms of natural resources from grazing land to forests, marine life to rich farming soils, water to wilderness. Major industries include the au...
ABSTRACT This thesis attempts to situate Kwame Nkrumah‘s intellectual works, in the development of Ghanaian national consciousness and to examine his contribution on African cultural traditions to the evolution of Ghanaian national consciousness in 1944 to 1966. This is done on two main strands. First, it determines Nkrumah‘s earliest writings including ‗Primitive Mind and Thought,‘ ‗Primitive Education in West Africa‘, ‗Education and Nationalism in Africa‘, ‗Educational tre...
ABSTRACT The urgent need to establish a financial institution that will carter for the development of various sections of the African economy brought about the emergence of the African Development Bank. Also, when the African government realized that the central banks and commercial banks could not provide long financial developmental services, the development banks were specifically established to bridge the gap. The objective of the research is to appraise the activities of ADB (African Dev...
ABSTRACT Sub-Saharan Africa has over the years witnessed the proliferation of Regional Trade Agreements (RTAs) within the sub-region. However, intra-regional trade remains considerably low around 10 percent of its trade with the rest of the world. This has led researchers to investigate whether these RTAs have been trade-creating or trade diverting. Nevertheless, these studies have not extended their analysis to investigate the effect of the membership of some dominant economies in their resp...
ABSTRACT This study examines the relationship between capital flight and economic development in Africa by focusing on the impact of capital flight on economic development in Nigeria and Ghana. Existing literature on the phenomenon of capital flight, has focused almost exclusively on exploring the relationship between capital flight and economic growth instead of economic development. The preponderance of that literature indicates that a negative relationship exists between capital flight and...
ABSTRACT Over the years, the concept of good governance, which guided the study has become the mantra for donor partners, the Global West and some NGOs, as an ideal way of addressing the perennial problems facing developing countries. Good governance eventually became a precondition for aid in Africa in an attempt to propel African leaders to respect human rights, implement economic reforms, ensure alternation of power in a free and fair election, among others. Among other things, African lea...
TABLE OF CONTENTSDECLARATIONAPPROVAL iiDEDICATION iiiACKNOWLEDGEMENT ivCHAPTER ONE 2INTRODUCTION 21. lBackground of the study 21.2 Statement of the problem 41.3 Purpose of the study 51.3.2 Specific objectives 51.4 Research questions 61.5 scope of the study 61.6 Significance of the study 61.7 Limitations of the Study 7CHAPTER TWO 8REVIEW OF RELATED LITERATURE 82.0 Introduction 82.1 The poverty concept 82.3 Microfinance and poverty 92.4 To help the poor out of poverty 102.5 Methodology of Micro...
ABSTRACT Remittance flows in Sub-Saharan Africa have increased for the past two decades. However; empirical literature fails to reach a consensus on the impact of remittances on economic growth, with many studies using aggregate data that suffers from aggregation bias. Given that there are different categories of remittances resulting from varying patterns of remitting, there was a need to specifically the effect of each component of remittances on economic growth. This will help in optimal ...
ABSTRACT The study aimed at establishing the effects of regional financial integration on economic growth and intra-regional trade in East African Community (EAC) Countries. The motivation was based on the conflicting views on the effect of regional financial integration on economic growth and intraregional trade. In order to achieve the objectives of the study, both quantitative and qualitative data were used. Data for the period 2000 to 2009 for Kenya, Uganda, Tanzania and Rwanda were emplo...
ABSTRACT The study investigates the New Partnership for Africa’s Development (NEPAD). Although the initiative is quite new, many contributions have been made and many articles written about it. NEPAD is the latest initiative aimed at improving economic growth and development in Africa. It is a programme of the African Union (AU) and all member states of the AU are automatically members of the NEPAD programme. The other earlier initiatives such as the Lagos Plan of Action (1980), amongst oth...
The need for African countries to improve tax revenue-GDP ratio has open up debate among policy makers. This study is motivated to analyse the impact of tax revenue, direct and indirect tax on economic growth of ECOWAS countries, using Seemingly Unrelated Regression Estimate (SURE) analysis for five selected Economic Community of West African States (Nigeria, Ghana, Sierra Leone, Benin and Burkina Faso) using data from 2000-2015 generated from World Bank World Development Indicators, 2016. Fi...
ABSTRACT The economic performance of democratic states in Africa is a rising concern against the assumptions of the modernization theory that, developing nations must adopt the values of the western societies (democracy) in order to develop. The third wave of democratization in Africa rather led to harsh economic conditions, especially from the international financial institutions as a means of receiving aid. These conditions deteriorated the economic development of most African states and ca...
Abstract: Do the cases of corruption in Sub-Sahara Africa have any implication on national development? Providing a logical answer to this question motivated the call for this paper. Imperatively, the paper examined how the various cases of corruption in Sub-Sahara Africa, specifically; Nigeria have partly influenced national development in the specific areas of socio-political and economic activities. The paper is both descriptive and qualitative, it made use of data gathered ...
ABSTRACT This research study titled “This role of the Central bank in regulating and stabilization an economy ; a case study of the Central Bank of Nigeria)” was undertaken with a view to evaluating the extent of the Central Bank carry out her stabilization and regulating role on the Nigeria economy. The regulation and stabilization of any economy is an obvious case that cannot be overemphasized. Pursuant to this study therefore, the researcher, employed basically secondary data sou...