In this paper, we seek to understand three main issues: first, what are the long- and short-run determinants of current account balances in West Africa; second, is there a sustainable path for the current account position that is consistent with regional integration; and if yes, what has been the...
In an effort to increase smallholder participation in commodity markets, the World Food Program (WFP) recently implemented five-year Purchase for Progress (P4P) pilot projects in 20 countries. The projects involved investing in physical and human capacities of Farmer Organizations (FOs) to...
Malgré la forte croissance économique observée à Djibouti au cours des dix dernières années, la pauvreté n’a pas reculé dans ce pays. Cet article vise à établir un profil dynamique de la pauvreté à Djibouti, et analyser les liens entre pauvreté, croissanceet redistribution dans ce pays, afin d’...
Limited fiscal capacity poses a significant challenge in developing countries. To mitigate this challenge, the adoption of electronic tax systems has been at the forefront of tax reforms by many developing countries; however, there is little systematic empirical evidence on the impact of such...
Unlike in Asia and Europe, it is not clear what the pattern and impact of financial integration have been in Africa. This paper addresses three main issues: the progress and experience towards financial integration in Africa, the degree and timing of the integration process in selected African...
Depuis une quinzaine d’années, la diversification et la sophistication des exportations se sont imposées comme les deux indicateurs permettant de mesurer et de qualifier le processus de transformation structurelle. Ainsi, alors que les pionniers de l’économie du développement s’attachaient à...
20-Sep-2017
Africa Economic Brief - Volume 8 Issue 7 - Transforming Africa's Agriculture through Agro-Industrialization
Economic growth in Africa has been accelerating for the past two decades. The continent enjoyed sustained economic growth registering an annual average growth of more than 5 percent. This episode of rapid economic growth, where four out of ten fastest growing economies in the world in the past ten...
The rise in enrollment rates experienced by most developing countries over the previous decade has shifted the policy debate from the quantity of education to issues of quality, in terms of the objective of improving human capital outcomes.2 Despite the paucity of test score data, a direct measure...
In markets across sub-Saharan Africa, the nominal prices of some crops increase by as much as 50-100% from their harvest-season trough to their peak in the lean season (Burke, 2014; Kaminski, Christiaensen and Gilbert, 2014). These price cycles are regular and partly predictable, so they offer...