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Full-Text Articles in Social and Behavioral Sciences
Notes On The Seminar On African Economic Outlook 2015, Held On The 8th Of October 2015 At The House Of The Estates Of Finland, J. G. A. Saviranta
Notes On The Seminar On African Economic Outlook 2015, Held On The 8th Of October 2015 At The House Of The Estates Of Finland, J. G. A. Saviranta
Akseli Saviranta
The following document presents summarised key notes from the United Nations University – World Institute for Development Economics Research (UNU-WIDER) seminar titled “African Economic Outlook 2015 – Unlocking the potential of local economies for inclusive growth”. The seminar presented the 2015 report titled “African Economic Outlook 2015 – Regional Development and Spatial Inclusion”, produced by the African Development Bank, the OECD Development Centre, and the United Nations Development Programme. The African Development Bank, UNU-WIDER, and the Ministry of Foreign Affairs of Finland were the co-organisers of the Seminar.
African Economic Blocs And Trade: Case Study Of Comesa And Sudan, Issam A.W. Mohamed Professor
African Economic Blocs And Trade: Case Study Of Comesa And Sudan, Issam A.W. Mohamed Professor
Professor Issam A.W. Mohamed
Comprehensively, Economic Trade Partnerships and Blocs are important to a member country. However, with the continuing global financial distresses it is useful to evaluate them to maximize possible benefit. The question of joining, continue membership with the Comesa is vital to the Sudanese economy that presently stands in a very decisive time. The Common Market for Eastern and Southern Africa is a free trade area with nineteen member states stretching from Libya to Zimbabwe. COMESA formed in December 1994, replacing a Preferential Trade Area which had existed since 1981. Nine of the member states formed a free trade area in …
Foreign Debt And Domestic Savings In Developing Countries, Luke Okafor, Joanna Tyrowicz
Foreign Debt And Domestic Savings In Developing Countries, Luke Okafor, Joanna Tyrowicz
Joanna Tyrowicz
This paper approaches the question of potential causality between foreign debt and domestic savings in the context of developing countries. Literature provides evidence in as far as foreign debt and development is concerned, but little attention was given so far to internal potential for capital formation. We provide a theoretical framework and test its relevance using 1975-2004 data for two groups of countries: sub-Saharan Africa and Latin America with the Caribbean. With the use of instrumental variables we find negative impact of foreign debt on domestic savings especially in the long run. The results are not susceptible to the choice …
The Eu–Acp Economic Partnership Agreements And The ‘Development Question’: Constraints And Opportunities Posed By Article Xxiv And Special And Differential Treatment Provisions Of The Wto, Cosmas Milton Obote Obote Ochieng Ochieng
The Eu–Acp Economic Partnership Agreements And The ‘Development Question’: Constraints And Opportunities Posed By Article Xxiv And Special And Differential Treatment Provisions Of The Wto, Cosmas Milton Obote Obote Ochieng Ochieng
Cosmas Milton Obote Ochieng Ochieng
This article argues that Article XXIV and special and differential treatment (SDT) provisions of the WTO present a number of constraints and opportunities to the design and scope of the proposed economic partnership agreements between the European Union (EU) and African, Caribbean and Pacific (ACP) countries. It examines the negotiating positions of both sides to argue that were the EU's position to prevail, ACP and other developing countries would likely suffer an ‘erosion of the development principles’ embedded within the WTO. It is shown that the differences between the two groups over the desirability and/or applicability of negotiating free trade …