1,721,082 research outputs found
High oil prices and the African economy
No full textAs crude oil prices continue to soar in the international market, the Africa Development Bank, in this paper, highlights the expected effects of high oil prices on oil-importing and exporting member countries. It therefore recommends the implementation of remedial policies by importers and other supports from the international community to bridge the financing gap arising from the oil price increase. NESG Economic Indicators Vol. 13 (4) 2007 pp. 25-3
Point de la situation au 15 decembre 1975 des projets du groupe BAD, Fad dans les pays de la zone Sahélienne touchée par la Sécheresse
No full textData underlying the paper: External financial flows and institutional building: the impact of remittances on civil liberties in aid dependent countries
No full textThis is the dataset accompanying the paper entitled "External financial flows and institutional building: the impact of remittances on civil liberties in aid dependent countries
La traiettoria di sviluppo del Ticino-regione insubrica: quali convergenze e divergenze?
No full textInternational audienc
Opening statement by Dr. Donald Kaberuka, President, African Development Bank Group
No full textOpening Statement by Dr. Donald Kaberuka, President, African Development Bank Group at the Economic Conference. Dr. Kaberuka, on his remarks highlighted that, As a Bank, as a development finance institution, our fundamental mission and our core function is that of financing long term projects by deploying our concessional and non-concessional resources to promote socio-economic development in Africa. This Conference has been a combined effort of many stakeholders, and especially the three African Institutions. Their role is more than financing development. It also understands development (assuming development can be fully understood!). In human history once in a lifetime there are those events, those defining moments which irreversibly shape the world
How Does the Institutional Setting for Creditor Rights Affect Bank Lending and Risk-Taking?
Get PDFThis paper investigates how the institutional setting for protection of creditor rights affects bank lending and risk-taking. An analytical model is specified to underpin banks‟ portfolio decisions, between loans and other earning assets such as government securities. The model is augmented with various metrics, which proxy the institutional setting for creditor rights, and is estimated and tested on an unbalanced three-dimensional dataset of commercial banks in 20 African countries for 1995-2008. It is found that three specific metrics induce banks to allocate a high proportion of their earning assets to loans: legal creditor rights; the efficient enforcement of creditor rights; and availability of information sharing mechanisms among banks. However, the three metrics appear to work through different channels. The enforceability of legal rights works not only through mitigating credit risks, but also through a composite effect of market competition and lower costs of information acquisition and contract enforcement. The legal rights metric and information sharing metric exclusively rely on the composite effect
Opening statement by Dr. Louis Kasekende, Chief Economist, African Development Bank Group: 11 November 20009
No full textOpening Statement by Dr. Louis Kasekende, Chief Economist, African Development Bank Group. Dr. Kasekende, on his remarks highlighted that, the policy prescriptions by the economics discipline have had mixed results in Africa to say the least. Just after the independence of most countries in Africa, the economics discipline prescribed “big push” and “state intervention” as means to industrialization. the structural challenges that Africa faces; and these are many. There are challenges associated with unequal distribution of income and deep poverty, weak governance, lack of diversification; the ineffective use of natural resources; climate change; and many more. We need to identify policy options that will help Africa face up the challenges in a partnership between the academia, policy makers and development practitioners. This conference to deepen our understanding of the development challenges facing Africa so as to generate appropriate solutions to address these challenges
Free movement of people: joy or sorrow?
No full textHas the free movement of persons caused job losses or has it stimulated economic growth and the employment of the local labour force as well? Has it led to a lowering of domestic wages or have the stimuli of growth caused them to rise? Through the quantitative analysis of the abolition of a pillar of Swiss migration policy – the employment priority given to the domestic labour force until June 2004 – the study done by the Cantonal Statistis Office of Ticino provides answers to these questions
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