14/06/2013Working Paper 171 - Youth Unemployment and Political Instability in Selected Developing Countries
Across the globe, the recent financial and economic crisis has led to soaring youth unemployment. In Africa for instance, youth unemployment is exacerbated by the additional challenges of a youth population which is considerably...Read more
14/06/2013Working Paper 173 - Production and Conflict in Risky Elections
Since the 1980s three major events have shaped the global environment characterising transition to a democratic political system. These are the fall of communism in the late 80s and subsequent democratic election of new leaders;...Read more
19/03/2013Working Paper 170 - Development of Wind Energy in Africa
The paper describes how Africa’s wind energy markets have evolved over the years and the structural characteristics affecting the development of wind energy projects on the continent; providing what we believe is the first...Read more
19/03/2013Working Paper 169 - Monetary Policy and Exchange Rate Shocks on South African Trade Balance
This paper investigates the effects of contractionary monetary policy and exchange rate appreciation shocks on the South African trade balance using vector autoregressions. Thereafter, we identify the dominant channel between...Read more
26/02/2013Working Paper 168 - Competition and Market Structure in the Zambian Banking Sector
This study evaluates the degree of competition in the Zambian banking sector in the wake of dynamic market shifts induced by entry of new foreign banks and privatisation of the state-owned bank. Using an unbalanced panel of bank...Read more
26/02/2013Working Paper 167 - Promoting Economic Reforms in Developing Countries Rethinking Budgetary Aid?
This paper aims to contribute to the current debate on budget support by exploring approaches likely to strengthen the linkages between budget support and reforms in the recipient countries. In this regard, the paper introduces...Read more
26/02/2013Working Paper 165 - Tax resource mobilization and its impact on household living standards evidence from Niger
This study analyzes the impact of indirect taxes (VAT in particular) on the living conditions of households in Niger and, accordingly, on poverty reduction in Niger. Tax policy is one of the tools through which public action...Read more
26/02/2013Working Paper 166 - Misalignment of Real Effective Exchange Rates: When Should the Franc CFA be Devalued Again?
The Euro area continues to be the largest trading partner of the franc zone countries with a very important share (more than 70 per cent of trade) in half of the 14 countries. Membership of this zone has the advantage of...Read more