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Articles 1 - 30 of 52

Full-Text Articles in International Economics

The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma Sep 2019

The Effect Of Inflation Targeting Policies On Dollarization-A Cross-Country Analysis, Dweepobotee Brahma

The Hilltop Review

This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy. Dollarization is the phenomenon where agents in a country choose to use a foreign currency instead of their domestic currency. This often occurs in response to episodes of high inflation rate in the domestic economy. Central Banks of these countries often respond by adopting an inflation-targeting regime. This paper attempts to evaluate the effectiveness of such a policy by conducting a cross-country comparison. A panel dataset from 14 dollarized economies from 2001-2015, is used to compare between ...


Effect Of Oil Price Shock On Monetary Policy In Nigeria: A Vector Autoregressive Analysis, Ama Agyeiwaa Abokwah Jul 2019

Effect Of Oil Price Shock On Monetary Policy In Nigeria: A Vector Autoregressive Analysis, Ama Agyeiwaa Abokwah

International Journal of African Development

This paper examines the effects of oil price shocks on interest rate, real GDP and real effective exchange rate in Nigeria using a vector autoregressive (VAR) model. The results from the impulse response function suggests that positive oil price shocks have no effect on the interest rate (monetary policy), real exchange rate and real GDP. This result suggests that monetary policy in Nigeria does not respond to oil price shocks. Both the impulse response functions and variance decomposition analysis to a large extent confirmed that oil price shocks are only able to explain a small proportion of the forecast error ...


Intergovernmental Authority On Development And East African Community: Viability Of Merger, Andualem Zewdie Jul 2019

Intergovernmental Authority On Development And East African Community: Viability Of Merger, Andualem Zewdie

International Journal of African Development

Constituting a regional economic community has immense benefits to the societies within a given region. Regional Economic Communities (RECs) would play an inevitable role in increasing people to people interactions and gradually forging interdependence in different sectors, which used to limit government to government. Often, such bondage within given RECs among states in general and societies in particular paves the way to address the ills of the respective societies in a collaborative manner. In fact, it is plausible to argue that there is a conducive environment to constitute and build up RECs in the present globalizing world. Parallel to the ...


Opportunities And Challenges For Community-Based Ecotourism Development: The Case Of Alatish National Park, Northwest Ethiopia, Kassegn Berhanu Jul 2019

Opportunities And Challenges For Community-Based Ecotourism Development: The Case Of Alatish National Park, Northwest Ethiopia, Kassegn Berhanu

International Journal of African Development

Contrary to traditional forms of tourism such as mass tourism, ecotourism has widely been recognized as an economic diversification and developmental tool, and an appropriate approach for conservation of natural resources for destinations with tourism heritage possessions as it provides protection and economic incentives. The aim of this study is to assess opportunities and challenges for community-based ecotourism development. A mixed research approach was devised and a cross-sectional research design was used. Tools of primary data collection were questionnaires, focus group discussions, interviews and observation checklists. Secondary data were collected from related articles, research and documents obtained from offices. Quantitative ...


Nutrition And Trade Liberalization In Africa, Ismaelline Eba Nguema Jul 2019

Nutrition And Trade Liberalization In Africa, Ismaelline Eba Nguema

International Journal of African Development

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the exchange, and maintaining a sufficient level of agricultural production. The objective of this article is to analyze the link between trade liberalization and nutrition in Africa.

Trade openness and nutrition are concepts that are closely related. Openness could contribute to an improvement in nutrition under only certain conditions. These include improved export earnings, ultimately the import capacity of the countries participating in the ...


Understanding Remittances In Eritrea: An Exploratory Study, Fikresus Amahazion Jul 2019

Understanding Remittances In Eritrea: An Exploratory Study, Fikresus Amahazion

International Journal of African Development

Migration has been characterized as a fundamental component of the human experience, and today there are several hundred million international migrants around the world. Although migrants leave their home country, they maintain links, particularly through remittances. Economic remittances supplement the domestic incomes of millions of poor families and are vital for many developing countries. This paper explores economic remittances into Eritrea, examining the particular trends, amounts received, and how remittances are generally consumed. Additionally, the paper explores general perceptions about remittances and their impact upon society in Eritrea. Based on interviews and focus group discussions with individuals and households across ...


Editorial Note, Sisay Asefa Jul 2019

Editorial Note, Sisay Asefa

International Journal of African Development

Chief Editor Sisay Asefa discusses the articles in Vol 5 n. 2 of the International Journal of African Development.


International Journal Of African Development, Vol. 5, Issue 2 Jul 2019

International Journal Of African Development, Vol. 5, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 5, Issue 2 - Spring 2019.


Breaking The Poverty Trap In Africa: A Comparative Perspective On Poverty Alleviation, Abu Girma Moges Oct 2018

Breaking The Poverty Trap In Africa: A Comparative Perspective On Poverty Alleviation, Abu Girma Moges

International Journal of African Development

An increasing number of African countries have recently registered improved rates of economic growth. Translating economic growth into poverty reduction, however, requires putting into place policies and institutions that promote a sustainable and shared economic growth process. The degree of success in poverty reduction depends largely on balancing the process of economic growth and the judicious pattern of income distribution so that an increasing share of the population benefits from the growth process and engages in more productive endeavors. Building the necessary policy and institutional framework to promote sustainable and shared economic growth is central in breaking the poverty trap ...


Indigenous Knowledge And The Development Debate In Africa, Fidelis Ewane, Samson Ajagbe Oct 2018

Indigenous Knowledge And The Development Debate In Africa, Fidelis Ewane, Samson Ajagbe

International Journal of African Development

This research employs Bourdieu’s theory of habitus to explain the disposition of the donor community to integrate indigenous knowledge systems and practices into development projects. The theory’s objectivist perspective specifies the mechanism that links structural conditioning to social practice and regularities. It holds that power is culturally and symbolically created, and it is constantly re-legitimized through the interplay of agency and structure. This facilitates an analysis of the development field as social space characterized by indigenous and donor power relations. It argues that the reinforcement of indigenous knowledge as the main channel for development will generate transferable local ...


Does Inclusive Growth Matter For Regional Integration In Africa? An Empirical Assessment, Mohammed Shuaibu, Mamello Nchake Oct 2018

Does Inclusive Growth Matter For Regional Integration In Africa? An Empirical Assessment, Mohammed Shuaibu, Mamello Nchake

International Journal of African Development

Inclusive growth is an important channel through which African countries can foster higher regional integration especially through trade. This is because many African countries are characterized by exclusive growth, small and fragmented domestic markets that are landlocked and often prone to external shocks. Using an augmented gravity specification, this paper conducts an empirical investigation of the relationship between regional integration and inclusive growth in Africa. The adapted model is estimated using ordinary least squares, Pseudo Poisson maximum likelihood estimator and the Blundell-Bond system generalized method of moment estimator. The empirical results reveal that inclusive growth plays a vital role towards ...


The Impact Of Motivation On Employee Performance In Selected Insurance Companies In Nigeria., Oluwayomi A. Ekundayo Mr. Oct 2018

The Impact Of Motivation On Employee Performance In Selected Insurance Companies In Nigeria., Oluwayomi A. Ekundayo Mr.

International Journal of African Development

Motivation refers to a complexity of forces that inspires a person at work to intensify his desire and willingness to use his potentialities to perform in order to achieve organizational goals or objectives. This study investigates the relationship between motivation and the level of employee performance as applied to some selected insurance companies in Lagos. The study has three main objectives: to evaluate the effects of motivation on employee performance in some selected insurance companies, to assess motivational factors that can influence employee performance, and to recommend possible policies and innovations for better performance of the employees and increased profitability ...


The Tigray Identity And The Paradox In The Securitization Of The Oromo And Amhara Identities In Ethiopia, Anwar Hassen Tsega Oct 2018

The Tigray Identity And The Paradox In The Securitization Of The Oromo And Amhara Identities In Ethiopia, Anwar Hassen Tsega

International Journal of African Development

Tigray’s ethnic nationality is the minority identity in the ruling Ethiopian People’s Revolutionary Democratic Front (EPRDF), a coalition of four political parties under the leadership of the Tigray People’s Liberation Front (TPLF). For decades, the ruling party has governed by pitting the Oromo and Amhara against one another. Accordingly, the Oromo-Amhara solidarity is the greatest threat to the Ethiopian government. Within the framework of the Copenhagen school, we analyzed the securitization of the two majority identities. This essay is split into two sections. The first examines why and how the Oromo and Amhara identities have been securitized ...


Editorial Note, Sisay Asefa Oct 2018

Editorial Note, Sisay Asefa

International Journal of African Development

No abstract provided.


International Journal Of African Development, Vol. 5, Issue 1 Oct 2018

International Journal Of African Development, Vol. 5, Issue 1

International Journal of African Development

Complete issue of International Journal of African Development, Volume 5, Issue 1 - Spring 2018.


Water Poverty And Its Impact On Income Poverty And Health Status In Sudan: The Case Of Gezira State (1993-2013), Mutasim Abdelmawla Dec 2017

Water Poverty And Its Impact On Income Poverty And Health Status In Sudan: The Case Of Gezira State (1993-2013), Mutasim Abdelmawla

International Journal of African Development

Water resource development can address poverty, improve well-being, and enhance people's opportunities in different fields of life. Even though water resources are available in Sudan, some parts of the country still continue to face significant water provision challenges. This research is aimed at measuring water poverty in Gezira State, Sudan over the period of 1993-2013 using the methodology of Sullivan et al. (2003). The research employed data collected from the Central Bureau of Statistics, Khartoum, Sudan. Both descriptive and empirical approaches are used to analyze the data. The average incidence of the water poverty index (WPI) over the period ...


The Aid Effectiveness Architecture In Africa: An Analysis Of Aid Structures In Kenya’S Agriculture Sector, Daniel Kipleel Borter Dec 2017

The Aid Effectiveness Architecture In Africa: An Analysis Of Aid Structures In Kenya’S Agriculture Sector, Daniel Kipleel Borter

International Journal of African Development

This study examines in detail the development aid architecture in Kenya’s agriculture sector. The focus is on the mechanisms in place within the Kenyan government (and ministry of agriculture in particular), mechanisms among and within donor agencies, and overall coordination mechanisms that bring together the donors and the government. Findings show that coordination and harmonization activities among donors are yet to yield the desired outcomes such as the division of labor protocol and joint programming. Weaknesses are also observed on the government side where it appears authorities are yet to internalize PD concepts and interpret them to suit the ...


Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet Dec 2017

Does Privatization Improve Productivity? Empirical Evidence From Ethiopia, Tadesse Wodajo, Dawit Senbet

International Journal of African Development

Theoretically, it is posited that privatization enables the private sector to play a dominant role in the economy by enhancing competition, productivity and efficiency. When evaluated using these criteria, privatization of the manufacturing industries has failed in Ethiopia. Our empirical results show that, at best, privatization did not result in improving productivity, and at worst, it led to a decline in productivity. We argue that the main reason for this outcome is the unique economic and business environment prevailing in Ethiopia, which does not allow the standard economic assumptions of market competition to hold. Ethiopia’s ‘private sector’ can be ...


Editorial Note, Sisay Asefa Dec 2017

Editorial Note, Sisay Asefa

International Journal of African Development

No abstract provided.


International Journal Of African Development, Vol. 4, Issue 2 Dec 2017

International Journal Of African Development, Vol. 4, Issue 2

International Journal of African Development

Complete issue of International Journal of African Development, Volume 4, Issue 2 - Fall 2017.


A Brief History Of Tsetse Control Methods In Zimbabwe And Possible Effects Of Climate Change On Their Distribution, Rory Pilossof Jun 2017

A Brief History Of Tsetse Control Methods In Zimbabwe And Possible Effects Of Climate Change On Their Distribution, Rory Pilossof

International Journal of African Development

African trypanosomiasis, which affects wildlife, domesticated animals and humans, remains widespread across Africa. Approximately 8 million km2, covering 37 African counties, are infested with tsetse flies (Glossina) that carry the disease (Allsopp 2001). The first part of this paper looks at the history of tsetse control on the northern fly-belt in Zimbabwe, affecting the Mashonaland East, Mashonaland Central and Mashonaland West provinces. In Zimbabwe, tsetse control has shifted and evolved in the twentieth century, ranging from the initial methods of game destruction and bush-clearing, to ground and aerial spraying of insecticides, the sterile insect technique (SIT), tsetse trapping, and ...


Rural Women And The Land Question In Zimbabwe. The Case Of The Mutasa District, Bigboy Toro Jun 2017

Rural Women And The Land Question In Zimbabwe. The Case Of The Mutasa District, Bigboy Toro

International Journal of African Development

Zimbabwean rural women make significant contribution to agriculture and are the mainstay of farm labor. Although they do the majority of agricultural work, men, for the most part, continue to own the land, control women’s labor and make agricultural decisions supported by patriarchal social systems. Women’s access to land is usually through their fathers, husbands, brothers or sons. This has made it difficult for women to gain equal access to land under the Fast Track Land Reform Programme (FTLRP). Findings indicate that there are a number of challenges and constraints that are experienced by rural women under the ...


Asymmetric Benefits: The Ethio-Eritrea Common Market (1991 To 1998), Worku Aberra Jun 2017

Asymmetric Benefits: The Ethio-Eritrea Common Market (1991 To 1998), Worku Aberra

International Journal of African Development

Economic theory suggests that a common market between two or more countries improves overall well-being, but it creates winners and losers in each country. Recent empirical findings also show that the overall impact of a common market on per capita income depends on the similarity of economic development between member countries. A common market among developed countries results in the convergence of per capita income while a common market among developing countries results in the divergence of per capita income. The difference in outcome, some economists suggest, is due to variations in comparative advantage between member states and the rest ...


China And Post-Millennium African Economic Development Strategy As A Non-Zero-Sum-Game, Paul Milkias Jun 2017

China And Post-Millennium African Economic Development Strategy As A Non-Zero-Sum-Game, Paul Milkias

International Journal of African Development

This paper will probe Africa's and China’s historical trajectory regarding economic development. It analyzes China's and Africa's creative leap, particularly since the millennium, into a new paradigm, a new way of economic relationship totally different from that with the West. The focus is on analyzing China’s heavy economic investment in Africa based on the assumption that the relationship is mutually beneficial rather than being exploitative as some scholars suggest. The hypothesis draws from Decision Theory’s concept of a Zero-Sum Game. It is understood that in a two partnered non-zero sum game theory, one partner ...


Africa In Global Climate Change Governance: Analyzing Its Position And Challenges, Anwar Hassen Tsega Jun 2017

Africa In Global Climate Change Governance: Analyzing Its Position And Challenges, Anwar Hassen Tsega

International Journal of African Development

Climate change has emerged as a major global issue that affects all nations and has become a phenomena requiring global governance in the modern globalized world. Though the African contribution to the increase Greenhouse Gas (GHG) is very small, climate change is a concern of African countries. This paper is aimed to analyze the African position and challenges in the governance of climate change. Nonetheless, there are opportunities created for adaptation and mitigation, the implementation of these measures is constrained by lack of financial, institutional and human capacities. Accordingly, the Africans position in the international system and lack of the ...


Editorial Note, Sisay Asefa Jun 2017

Editorial Note, Sisay Asefa

International Journal of African Development

No abstract provided.


International Journal Of African Development, Vol. 4, Issue 1 Jun 2017

International Journal Of African Development, Vol. 4, Issue 1

International Journal of African Development

Complete issue of International Journal of African Development, Volume 4, Issue 1 - Fall 2016.


Three Essays Assessing Global Value Chain Fragmentation On International Trade Using The World Input-Output Database, Johanna Retana Attoh Dec 2016

Three Essays Assessing Global Value Chain Fragmentation On International Trade Using The World Input-Output Database, Johanna Retana Attoh

Dissertations

The growing fragmentation of supply chains across countries have changed the way nations engage in international trade. Conventionally, studies have used data on exports to measure trade flows; however, the use of this type of data imposes many assumptions that might misrepresent the real world. For instance, the assumption that the supply chain of a product is confined in only the domestic country does not take into consideration the increasing number of foreign inputs needed to produce a final good. In this dissertation, I use the World Input-Output Database (WIOD), since this dataset allows one to track and decompose the ...


Examining International Stock Market Integration: Effects On Portfolio Statistical Moments, Changes To Systematic Risk Significance, And Investor Purchasing Of Foreign Equities, Justin Kingsley Hanig Dec 2016

Examining International Stock Market Integration: Effects On Portfolio Statistical Moments, Changes To Systematic Risk Significance, And Investor Purchasing Of Foreign Equities, Justin Kingsley Hanig

Dissertations

The internet provides individuals with the ability to find instantaneous information on nearly every corner of the earth. Increasing correlations of international stock markets suggests investors may use information from different parts of the world to assess the value of the assets they hold in their portfolios. This dissertation examines changes in international stock market behavior to identify the effects of international market integration across a time. More specifically, this dissertation studies the effects of integration on the ability of diversification to reduce risk and skewness of portfolios, how global-wide risks significantly impact country-level index returns, and the equity purchasing ...


Three Essays On Financial Constraints And Foreign Direct Investment, Todd Sarnstrom Ii Dec 2016

Three Essays On Financial Constraints And Foreign Direct Investment, Todd Sarnstrom Ii

Dissertations

This three–essay dissertation makes contributions to the literature on foreign direct investment (FDI) and its relationship with collateral and the exchange rate. FDI refers to an investment made by a firm to establish or acquire a long–lasting interest in another firm operating outside its home country. Often, FDI involves substantial fixed costs that require the investing firm to seek external financing. Collateral has been identified as an important factor in the external financing of FDI. Firms lacking collateral are constrained in their ability obtain external financing. Exchange rates have also been identified as a factor in FDI. Exchange ...