African Economic Conference


2008 AEC - Constraints in Access to and Demand for Rural Credit: Evidence from Uganda

Like is most developing countries, Uganda’s financial sector is largely underdeveloped and concentrated in urban areas, leaving the majority of the agricultural producers in rural population with no access. However, agriculture forms a significant part of the lives of the rural households, who constitute about 85% of the population. At the macro level, agriculture accounts for about 30 of Gross Domestic Product. This study uses the Uganda household surveys conducted in 1992/93 and 1999/2000 to shed some light on access to, and the characteristics of demand for credit among the rural...

2008 AEC - Rural poverty dynamics and impact of intervention programs upon chronic and transitory poverty in northern Ethiopia

Using a three year panel data set of rural households in the Tigray region of northern Ethiopia, we examine the dynamics of poverty and the impact of two intervention measures – the food for work (FFW) and the food security package (FSP) programs – upon poverty by disaggregating total poverty into its transient and chronic components. Poverty in the region is predominantly chronic. Results of matching estimators indicate that the FSP program has a significant negative effect on total and chronic poverty, but not on transient poverty. Households involved in the program have on average lower...

CEA 2008 - Mobilité des capitaux en Afrique du Nord

Le débat sur les vertus de la libre circulation des capitaux en Afrique du Nord soulève des questions extrêmement importantes et controversées. On se demande pourquoi ces pays devraient libéraliser leurs comptes de capital alors que la libre circulation des capitaux est un phénomène relativement récent? Devraient-ils prendre en compte du niveau de développement de leur secteur financier avant d’ouvrir leur compte de capital? Quelles sont les politiques et les reformes à envisager pour assurer le succès de cette ouverture financière? Quelles sont les leçons à tirer de la part des pays qui ont...

2008 AEC -Private Sector Participation in Infrastructure in Africa

In recent years, there has been a profound reassessment of public policy towards the infrastructure sectors globally with a palpable shift in orientation towards private management and ownership. This study appraises the record of private sector participation in infrastructure (PPI) in Africa. The results of almost two decades of regulatory reforms, implementation of the privatization and liberalization agenda, combined with the influx of private investment in infrastructure have decidedly been mixed. There has been a ―policy mistake‖ founded on the dogma that infrastructure would be financed...

AEC 2010 - Environmental Conservation as an Engine for Economic Growth: Testing the Validity of Environmental Kuznets Curve on Carbon Emissions for Kenya

Environmental Kuznets Curve hypothesis postulates an inverted U-shaped relationship between Carbon dioxide emissions and per capita income. However, the experiences of many countries show that economic growth is causing an increase in resource use and pollution more than it is a solution to environmental problems. The consequences of neglecting environmental conservation can be drastic. This study investigates the role of environmental conservation as an engine for economic growth in Kenya by exploring the relevance of the Environmental Kuznets Curve. Using time series data from World...

AEC 2010 - The Effectiveness of Remittances and Foreign Aid in Promoting Savings and Investment in Sub-Saharan Africa

This study investigates the macroeconomic impact of remittances on savings and investment in Sub-Saharan Africa (SSA). It also analyzes comparatively the effectiveness of remittances and foreign aid (official development assistance) in promoting savings and investment. We use a respective sample of 37 and 34 SSA countries over the period 1980-2004. Using OLS and instrumental variables (2SLS) estimation methods with country fixed-effects, the results suggest that both remittances and foreign aid promote savings and investment in Sub-Saharan Africa, but remittances are strongly more effective....

AEC 2010 - Governance, Financial Liberalization, and Financial Development in Sub-Saharan Africa

An analysis of the roles of governance and financial liberalization in the financial development of 37 Sub-Saharan Africa (SSA) countries yields several interesting results using data from 1996 to 2008. Contrary to previous studies, financial liberalization did not have a favorable independent impact on financial development; overall, financial liberalization efforts reduced financial development, particularly from 1996 to 2002. But, good governance has improved financial development over time, especially due to reduced political instability. The effect of the origin of legal systems suggests...

AEC 2010 - External Debt Reduction and Economic Growth

Réduction de la dette extérieure et croissance économique dans les pays africains à faible revenu. Download File      AEC 2010 - External Debt Reduction and Economic Growth (1.30 MB)

AEC 2012 - Impact of Improved Agricultural Technology Adoption on Sustainable Rice Productivity and Rural Farmers' Welfare in Nigeria a Local Average Treatment Effect (LATE) Technique

This study examined the impact of improved rice varieties adoption on rice productivity and farming households’ welfare in Nigeria using a cross sectional data of 481 rice farmers drawn from three states to represent the major rice producing ecologies (Irrigated, upland and lowland) in Nigeria. Access to seed was found to be one of the significant determinants of adoption. Poverty incidence was also higher among the non-adopters than the adopters. This study also adopted the counterfactual outcomes framework of modern evaluation theory to provide a consistent estimate of the impact....

CEA 2012 - Une croissance économique forte et durable est-elle possible dans un contexte de fuite massive des capitaux en zone Franc Africaine

Cette étude analyse l’effet de la fuite des capitaux sur la croissance économique en zone franc (ZF). Sur la période 1970-2010, la fuite des capitaux réelle de ces pays est trouvée positive et massive avec une ampleur qui s’élève à environ 86,8 ou 80,1 milliards de dollars, représentant 122,1% ou 112,6% du PIB, et 5,3 fois ou 4,9 fois l’investissement. Au même moment, les pays de la ZF ont enregistré des taux d’investissement et de croissance faibles et très volatiles. L’analyse économétrique montre que la fuite des capitaux réduit significativement la croissance économique en ZF et que l’...

2007 AEC - Child Malnutrition in Senegal: Does access to Public Infrastructure Really Matter? A Quantile Regression Analysis

In this paper we analyse the effect of access to public infrastructure, i.e. safe water and health facilities, on child nutritional status defined by height-for-age z-scores in Senegal. Quantile regression methods are used to achieve a more complete picture of the infrastructure effect. This technique has an advantage over the traditional ordinary least squares method as it does not assume a constant effect of the explanatory variables over the entire distribution of the dependent variable. To deal with the potential endogeneity of household expenditures in a child health production function...

AEC 2013 Report - Regional Integration in Africa

Nkosazana Dlamini-Zuma reviewed the African Union’s 1991 Abuja Treaty designed to promote regional economic integration. She argued that the building blocks of wider economic integration – the eight Regional Economic Communities – have made great progress in strengthening themselves and promoting growth. Five have created customs unions eliminating internal trade barriers. Some lag behind, but all are moving in the right direction. Donald Kaberuka emphasized first that the changing structure of the global economy requires Africa to integrate to survive and, second, that to integrate it...

AEC 2013 - Programme

African Economic Conference 2013 Regional Integration in Africa Montecasino Entertainment Complex, Johannesburg, South Africa 28 – 30 October 2013

AEC 2013 - Participants bios

Sanusi is the Executive Secretary of the Lake Chad Basin Commission. After graduating with a (B.Eng.) Civil Engineering Degree from the Ahmadu Bello University of Zaria, Nigeria, in 1982, he worked for six years with Diyam Consultants, a Civil/Water Resources Engineering Consulting Company. He obtained a Master of Science (M.Sc.) Degree in Tropical Public Health Engineering from the University of Leeds, England, in 1990. On completion of this programme, Sanusi joined the Hadejia-Jama’are River Basin Development Authority (HJRBDA) – a Nigerian Federal Government Water Resources Development...

AEC 2013 - Guidelines for Moderators, Chairpersons, Presenters, Discussants, and Rapporteurs

Each Plenary Session will last 2 hours. It will have a maximum of 5 panelists. Moderator will introduce the panelists (based on the short bio they submitted), provide a contextual briefing guiding questions to focus the interventions. The Moderator will invite interventions from the public. Panelists will wrap-up in 5 minutes each.

AEC 2013 - Visa Exempt Countries - South Africa


AEC 2013 - Basic Entry Requirements

Please note that the information provided here is to be used as a guide only. Please consult with your relevant embassy or your travel agency before you travel. Every person seeking to enter South Africa must be in possession of a valid passport for travel to South Africa and, where necessary, a visa. Enquiries can be directed to South African diplomatic representatives abroad or the Department of Home Affairs in Pretoria. Visitors who intend travelling to South Africa’s neighbouring countries and back into South Africa are advised to apply for multiple entry visas.

AEC 2013 - Concept Note

Regional integration has been the goal of African countries at least since the attainment of independence more than 50 years ago. Many arguments for speeding up the integration process have been advanced from many quarters since then—political leaders, economists in government and the private sector, and researchers in universities and thinktanks. It is generally agreed that integration would be politically and economically beneficial for Africa in the global economy.

AEC 2013 - Call for Papers

Regional integration has been the goal of African countries at least since the attainment of independence more than 50 years ago. Many arguments for speeding up the integration process have been advanced from many quarters since then—political leaders, economists in government and the private sector, and researchers in universities and thinktanks. It is generally agreed that integration would be politically and economically beneficial for Africa in the global economy.

AEC 2012 - Critical Assessment of the Reflection of African Positions in G20 Decisions - Application of a Methodological Framework

As part of the Global Economic Governance project undertaken by the South African Institute of International Affairs (SAIIA) in collaboration with the International Development Law Unit at the University of Pretoria, a critical assessment is being made to evaluate how effectively Africa's interests and concerns are directly and indirectly addressed in the G20 processes. The methodology for the critical assessment includes both a quantitative element and a qualitative element. The quantitative dimension looks at the number of times that Africa is referred to explicitly or implicitly in the G20...