The Inflation And Economic Growth Nexus In Gabon Kenya And South Africa PDF Download

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The Inflation and Economic Growth Nexus in Gabon, Kenya, and South Africa

The Inflation and Economic Growth Nexus in Gabon, Kenya, and South Africa
Author: Maria Tobias Mkango
Publisher:
Total Pages: 110
Release: 2015
Genre: Economic development
ISBN:

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"The main aim of this research is to investigate the nature of the relationship between inflation and economic growth. Over the years theoretical and empirical studies have presented different views about the relationship. Literatures on the topic have reported three types of results on the relationship between inflation and growth, positive relationship, negative relationship, and non-existence of any type of relationship between the two variables. This study analyzes empirically the inflation and growth nexus using time series data from three countries in Sub-Saharan African, obtained from the World Bank database. The countries under study are Gabon, Kenya, and South Africa. The methodologies employed in the study are ADF Unit root test, Granger causality test, and OLS. The empirical results reveal that the relationship between inflation and economic growth is long run, nonlinear, negative, and significant for Kenya and South African, while it is found to be insignificant in Gabon. From the empirical results, the study has recommended some appropriate policies."--Leaf ii.


Inflation-Growth Nexus and Regional Integration in West Africa

Inflation-Growth Nexus and Regional Integration in West Africa
Author: Makiliwè Barcola
Publisher:
Total Pages: 21
Release: 2019
Genre:
ISBN:

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In this paper, we test the existence of an optimal inflation interval within which, the inflation of the west African countries supports economic growth. Besides this objective, we seek to test the validity of the 5% inflation threshold not to be exceeded, proposed as a convergence criterion for the fifteen countries of the region called to form a monetary union by 2020. Our analysis covers the period 2007-2016. By adopting a nonlinear approach, our investigation reveals two (02) endogenous inflation thresholds estimated at 8.01% and 15.46%. The positive effect on growth begins when inflation is comprised between the two thresholds. Above this interval, inflation has no effect on economic growth. Our results invalidate hence the 5% inflation threshold proposed as a convergence criterion and for supporting economic growth within the future monetary union. For a high-performing monetary union, preferably it would be better to define an inflation threshold between 8.01 and 15.46% as convergence criterion.


Growth in Sub-Saharan Africa

Growth in Sub-Saharan Africa
Author: Mr.Dhaneshwar Ghura
Publisher: International Monetary Fund
Total Pages: 32
Release: 1995-12-01
Genre: Business & Economics
ISBN: 1451855753

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The paper investigates empirically the determinants of economic growth for a large sample of sub-Saharan African countries during 1981-92. The results indicate that (i) an increase in private investment has a relatively large positive impact on per capita growth; (ii) growth is stimulated by public policies that lower the budget deficit in relation to GDP (without reducing government investment), reduce the rate of inflation, maintain external competitiveness, promote structural reforms, encourage human capital development, and slow population growth; and (iii) convergence of per capita income occurs after controlling for human capital development and public policies.


Sub-Saharan Africa

Sub-Saharan Africa
Author: World Bank
Publisher:
Total Pages: 324
Release: 1989
Genre: Business & Economics
ISBN:

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3. Investing in people.


Our Continent, Our Future

Our Continent, Our Future
Author: P. Thandika Mkandawire
Publisher: IDRC
Total Pages: 192
Release: 2014-05-14
Genre: Political Science
ISBN: 155250204X

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Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.


Africa's Lions

Africa's Lions
Author: Haroon Bhorat
Publisher: Brookings Institution Press
Total Pages: 133
Release: 2016-11-08
Genre: Business & Economics
ISBN: 0815729502

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Examining the economic forces that will shape Africa's future. Africa’s Lions examines the economic growth experiences of six fast growing and/or economically dominant African countries. Expert African researchers offer unique perspectives into the challenges and issues in Ethiopia, Ghana, Kenya, Mozambique, Nigeria, and South Africa. Despite a growing body of research on African economies, very little has focused on the relationship between economic growth and employment outcomes at the detailed country level. A lack of empirical data has deprived policymakers of a robust evidence base on which to make informed decisions. By harnessing country-level household, firm, and national accounts data together with existing analytical country research—the authors have attempted to bridge this gap. The growth of the global working-age population to 2030 will be driven primarily by Africa, which means that the relationship between growth and employment should be understood within the context of each country’s projected demographic challenge and the associated implications for employment growth. A better understanding of the structure of each country’s workforce and the resulting implications for human capital development, the vulnerably employed, and the working poor, will be critical to informing the development policy agenda. As a group, the six countries profiled in Africa’s Lions will largely shape the continent's future. Each country chapter focuses on the complex interactions between economic growth and employment outcomes, within the individual Africa’s Lions context.


Yes, Africa Can

Yes, Africa Can
Author: Punam Chuhan-Pole
Publisher: World Bank Publications
Total Pages: 497
Release: 2011-06-24
Genre: Business & Economics
ISBN: 0821387456

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Takes an in-depth look at twenty-six economic and social development successes in Sub-Saharan African countries, and addresses how these countries have overcome major developmental challenges.


Tourism in Africa

Tourism in Africa
Author: Iain Christie
Publisher: World Bank Publications
Total Pages: 325
Release: 2014-06-19
Genre: Business & Economics
ISBN: 1464801975

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This book presents how tourism initiates economic development and how constraints to the growth of tourism in Sub-Saharan Africa can be addressed. With 24 case studies that illustrate tourism development, it reveals that despite destination challenges, the basic elements needed to initialize or intensify success are applicable across the region.