This paper investigates demand for health in Ethiopia using a large welfare monitoring survey collected in recent period using alternative indicators of health status such as self-reported illness episodes, number of days lost due to illness and stunting. We found strong evidence that health status...

The ongoing financial crisis has raised concerns in many circles about a potential future wave of sovereign defaults spreading among developing countries and, therefore, the need for additional rounds of debt relief in poor indebted countries. This paper addresses this issue for a group of 31 IDA-...

For most of the large African economies that have undertaken financial sector reforms since the early 1980s, the two main types of private capital inflows are FDI and cross-border bank lending. This paper seeks to investigate the relative long run impact of each of these inflows on economic growth...

This paper analyses the cost and profit efficiency of banks in South Africa. The cost-to-income ratio has always been used in the South African banking sector in measuring efficiency. However this approach is very simplistic and does not provide enough insight on real profit efficiency. This paper...

The current financial and economic crises have reanimated the debate on the importance of Foreign Direct Investment (FDI) for economic growth and poverty reduction in developing countries, especially in Africa. Many economists agree on the fact that the current financial crisis may have stronger...

Download File    2009 AEC- Impact de la crise sur l’économie marocaine et réponse des autorités (281 kB)

African farmers could produce more food staples and livestock products for domestic and regional markets and other export commodities globally, if they had better regional infrastructure and food trade barriers were reduced. Natural resource management and defense against plant and animal epidemics...

In the light of the current global financial and economic crises, how would governments in sub-Saharan Africa (SSA) allocate their budgets across sectors in response to a binding debtservicing constraint? Within a framework of public-expenditure choice, the present paper estimates constraint-...

For underdeveloped African, Caribbean, and Pacific (ACP) countries, fostering development in an era of global economic crisis can be a daunting challenge. Even in the technologically-advanced and highly competitive economies, the contagion effect of the global crisis has shaken the foundations of...