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  • About
  • The Global ETD Search service is a free service for researchers to find electronic theses and dissertations. This service is provided by the Networked Digital Library of Theses and Dissertations.
    Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
1

Financialisation and economic growth in Africa

Kungwane, Reabetswe 28 January 2021 (has links)
Despite the growing literature on financial development-economic growth nexus, there exists a paucity of empirical studies that explore the impact of financialisation on economic growth while focusing on the competitiveness of the financial sector. This study examines the revealed comparative advantages of 34 developing African countries from the period 2008 to 2017 and goes further to determine the impact of the revealed comparative advantage indices on economic growth. Revealed comparative advantage is used as an alternative proxy to financialisation, while economic growth is measured in terms of GDP per capita. In order to determine the impact, a panel study approach was followed, using a multiple linear regression model. The study produces two findings. Firstly, we find that the majority of African countries do not reveal a comparative advantage in financial services. This finding confirms our expectation. Secondly, we find that there exists a negative and significant relationship between financialisation and economic growth. The findings suggest that as developing countries in Africa gain comparative advantages in financial services, those gains have a detrimental impact on their economic growth. Informed by the findings of this study, which have implications for financial market development in Africa, the main recommendations are firstly that regulators need to play their part in reducing the cost of business for financial services institutions—particularly compliance costs, so as to encourage competition and development in the financial services sector, without compromising their responsibility to protect consumers. Secondly, better insights regarding cross-border trading and its impact on economic growth, profitability and the accumulation of foreign currency reserves need to be gained, in order to come up with more conducive regulatory frameworks that do not result in penalties for local firms, rendering them uncompetitive relative to foreign firms. Additionally, management at financial institutions have the responsibility of ensuring that benefits derived from their cross-border business go beyond shareholder value, but that reinvestment into the real economy takes place either through increased lending or equity investments and should also ensure that sufficient investments are made into the infrastructure required to increase the institution's competitiveness. Finally, Government and regulators needs to pay attention to how cross-border financial transactions are taxed, especially considering the new era of FinTech's, cryptocurrencies, and deepening regional integration, while at the same time ensuring that there is greater depth, bread and liquidity of their local financial markets.
2

Politique Monétaire et Régimes de change dans les pays du Moyen Orient et d'Afrique du Nord / Monetary Policy and Exchange Rate Regimes in Middle East and North African Countries

Ghanem, Darine 01 June 2011 (has links)
Cette thèse s'inscrit dans les débats sur le rôle du régime de change et de la règle de politique monétaire. Elle développe une analyse empirique sur les 17 pays du Moyen-Orient et d'Afrique du Nord (MOAN). A contre-courant de l'idée répandue d'une supériorité des régimes extrêmes, ces pays ont souvent opté en faveur de régimes de change intermédiaires. Ceci soulève deux questions : d'une part, quels sont les facteurs qui expliquent ce choix particulier ? D'autre part, comment se situent les performances macroéconomiques qui en résultent ? Dans cette recherche, nous apportons des éléments de réponse sur ces deux interrogations. Le premier chapitre traite de la question du choix du régime de change. Les principaux facteurs que la théorie suggère pour expliquer le choix du régime sont testés empiriquement. L'analyse confirme le rôle des facteurs qui relèvent de l'hypothèse de la peur du flottement. Dans le deuxième chapitre, nous évaluons l'impact de ce choix sur la performance en termes d'inflation. L'adoption d'un régime de changes fixe est souvent motivée par la recherche d'une plus grande maîtrise de l'inflation mais l'efficacité de cette stratégie n'est pas garantie. L'analyse empirique indique que la modération de l'inflation est plus liée à la stabilité de facto du taux de change qu'à l'annonce d'un régime de change fixe. L'incidence de la flexibilité du taux de change sur la croissance économique est analysée dans le troisième chapitre. La théorie conventionnelle attribue des propriétés stabilisatrices aux taux de change flexibles mais la variation du taux de change peut être une source de volatilité macroéconomique. La dollarisation des dettes publiques et privées explique la peur du flottement observée dans certains pays du MOAN et réduit la possibilité de recourir à cet instrument. Le quatrième chapitre fournit une évaluation de la politique monétaire et de taux de change dans le cas de la Syrie dans la décennie des années 2000. / This thesis lies within the debate about the role of the exchange rate regime and the monetary policy. It develops an empirical analysis in 17 countries of the Middle East and North Africa (MENA). Contrary to the widespread tenet of the superiority of corner regimes, MENA countries have often chosen intermediate regimes. This raises two questions: first what are the reasons for the choice of an intermediate regime? Second how do these countries perform in macroeconomic terms? In this research we bring about material for answering these two questions. The first chapter deals with the choice of the exchange rate regime. We test the main factors suggested by the theory. The empirical analysis confirms the role of factors that are related to the fear of floating hypothesis. In the second chapter we assess the impact on inflation of the choice of an exchange rate regime. The adoption of a fixed exchange rate regime is often motivated by the desire to keep inflation under control, although the success is not guaranteed. The empirical analysis shows that low inflation is rather associated to a de facto stable exchange rate than a formal fixed exchange rate. The third chapter analyses the effect of exchange rate flexibility on growth. The conventional theory states that flexible exchange rates have a stabilizing effect. But an excess in exchange rate volatility may undermine the real macroeconomic performance. In fact the dollarisation of public and private debts generates the fear of floating observed in MENA countries, and reduces the capacity to resort to this instrument. The fourth chapter develops an assessment of monetary and exchange rate policy in Syria in the 2000 decade.
3

Impact assessment of citrus black spot, Guignardia Citricarpa kiely, in southern Africa and an alternative approach in management strategies

Halueendo, Keumbo Lorna Maija Ester 19 November 2008 (has links)
Citrus black spot (CBS) caused by Guignardia citricarpa is responsible for economic losses in Southern African countries such as South Africa, Mozambique, Swaziland, Zimbabwe and Namibia. Black spot is considered to be a phytosanitary disease for the European Union and the United States of America markets. Exporters to these countries incur losses throughout the supply chain due to phytosanitary restrictions. For these reasons, the occurrence and management practices of CBS and its impact on growers in Southern Africa were investigated through a survey using a questionnaire. In the study, it was found that when CBS was present it was primarily managed by using chemicals and general orchard sanitation. In addition, growers in some of the surveyed countries or production regions follow spraying programs that are based on disease forecasting models and this practice has proven very effective in managing the disease. Furthermore, furfural, a sugarcane waste product was assessed for its efficacy in controlling G. citricarpa. The efficacy of the product as a contact or a fumigant was demonstrated in vitro and in vivo on fresh leaves, leaf litter and fruit lesions as well as in soil. A molecular study, using a Polymerase Chain Reaction protocol was conducted to assess the survival of the pathogen in the soil after exposure to furfural. The product however only proved efficient under natural conditions. The non-target effect of furfural on the soil micro-flora was also assessed. The product proved suitable for soil applications as it is not phytotoxic and has minimal non-target effects on bacterial populations. Furfural proved to control G. citricarpa, by breaking the life cycle, thus reducing the disease incidence. The application of furfural on a larger scale (irrigation or spraying) will therefore improve the control of CBS in developing countries. / Dissertation (MInstAgrar)--University of Pretoria, 2008. / Microbiology and Plant Pathology / unrestricted
4

The WTO dispute settlement understanding : how can Africa make better use of the system? using Egypt as a case study

El Taweel, Khaled Mohamed Soliman 04 October 2010 (has links)
The Dispute Settlement Understanding (DSU) established under the World Trade Organisation, is one of the most notable achievements of the multilateral trading system. African countries need to engage more in this emerging system to defend their trade and economic interests, especially in this time of increasing integration in the world trading system. It is submitted that the weak participation of African countries in the DSU can have negative economic and trade implications on Africa, as it minimises the influence these countries could exert on the development of the DSU legal system at this stage of particular importance to the evolution of international trade law in addition to its direct economic and trade costs. All complaints about impediments in the DSU cannot be rightly claimed to be the core reasons for weak African participation in the system, as the system still stand out as a rule-based with equal treatment to Developed and Developing countries. Additionally, the low participation of African countries cannot be justified by the degree of development basis only, as other developing counties have been very successful in this regard and some African countries managed to make use of the system in a very positive way. Moreover, this dissertation states that the effect of other internal constraints that are reported to hinder African participation, such as lack of sufficient financial resources, limited technical expertise and political factors, could be minimised through joint African cooperation, and by developing national strategies to deal with DSU. Egypt is a good example in this regard; despite its limited financial and technical expertise, it managed to gain accumulated experience through its various forms of engaging in the DSU, and consequently managed to defend its trade and economic interests. The establishment of a national organisational framework to deal with the DSU assisted in the preparation of national expertise that is gaining increasing experience. Egypt’s incorporation of national legislations on Anti-Dumping, Investment Protection, Intellectual Property Rights and other WTO agreements definitely supports the Egyptian position in the DSU. African countries are called to work within the African Union and on the national levels to make the best use of the system to serve their developmental goals. National strategies should be formulated regarding WTO dispute settlement engagement. These should include sound legislations and clear rules of engagement between different departments and the private sector to enable African countries to overcome the major constraints currently limiting their participation. African countries can depend partially on the support system offered by organisations like ACWL, UNCTAD and pro bone assistance from international law firms and NGO’s to overcome the financial and lack of experience constraints. / Dissertation (LLM)--University of Pretoria, 2010. / Public Law / unrestricted
5

THE EFFECTS OF INSECURE PROPERTY RIGHTS ON INVESTMENT AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICAN COUNTRIES

SANOGO, RAMATA January 2003 (has links)
No description available.
6

Social and environmental practices and corporate financial performance of multinational corporations in emerging markets: Evidence from 20 oil-rich African countries

Adams, D., Adams, Kweku, Attah-Boakye, R., Ullah, S., Rodgers, W., Kimani, D. 11 January 2023 (has links)
Yes / Studies find that oil-rich African countries (OACs) suffer slow socio-economic growth and development. The petroleum operations in these countries are also primarily in the hands of multinational corporations (MNCs). Motivated by their profit maximisation prospects (PMPs), the MNCs face significant corporate social responsibility (CSR) dilemmas with reference to their contribution to the socio-economic growth of these African economies. Even though there are few studies on CSR and corporate financial performance (CFP) within the African context, little or no attention has been paid to how and the extent to which MNCs' PMPs, CSR and CFP interact to affect the socio-economic growth of OACs. Drawing from legitimacy, institutional, and agency theories we employ a panel data approach covering 14 years (2003–2017) to understand the drivers of these PMPs, how PMPs affect corporate ethical considerations, and CFP and their implications on OACs' socio-economic growth. We find that PMPs of MNCs within OACs impede their CSR commitment. There is a significant positive relationship between CSR and CFP; efficient CSR practices impact CFP positively, and MNCs' contribution to OACs' socio-economic growth is significantly constrained by weak institutional environments. We conclude that institutional reforms and strategic investment in CSR could foster rapid socio-economic growth and development within OACs. Our study contributes to policy and knowledge on MNC's PMPs, CSR practices, CFP and literature on business ethics and the natural resource-curse.
7

Impact of Corruption on Economic Growth : A panel data study of selected African countries

Lawal, Fadekemi January 2019 (has links)
African countries have over the last few decades, experienced a thorny path towards sustained economic growth. Quite a number of researchers have opined that a major factor responsible for their stunted growth path is the prevalence of corruption in the governments of many African countries. However, a group of scholars, called revisionists, have suggested that corruption actually acts as grease in the wheel that ensures the smooth running of an economy, by providing a mechanism to evade inefficient bureaucratic procedures and allow more equitable representation of minority members of the society. With the increasing exposure of African economies to the international community, there is a need to examine the obtainable evidence in relation to corruption and economic growth in African countries. This thesis, therefore, aims to establish the nature of the relationship between corruption and economic growth in the selected African countries. The growth rate of gross domestic product per capita is used to represent the variable, economic growth. The study employs the use of panel data fixed effects and random effect estimation techniques, across 18 countries, over the period of 1997 – 2016. The results show that corruption has a positive relationship with economic growth in the selected African countries. This is in line with the grease in the wheel argument for corruption proposed by revisionists. The results also indicate that corruption has a moderately significant impact on economic growth at 10% level of significance. The literature review suggests that corruption affects economic growth directly and indirectly through mechanisms such as investment (private and public), human capital, openness, and institutional mechanisms, among others.
8

EU:s jordbrukspolitik : En kritisk analys utifrån tre politiskt-ekonomiska synsätt

Oskarsson, Elin January 2018 (has links)
The European Union has been a discussed subject for many years. The conversed areas have been everything from special state interests, refugee crisis, sizes of cucumbers and if the European Union has a sense of community. One of the most debatable fields has been the agricultural policy; control of goods by the union and influence on other markets. This study illustrates what the union controls in form of agricultural production, although mostly aspects around the international agency of the EU, illustrated by the common agricultural policy.   In the liberalised decade of 2010, the rich and powerful European Union still continues to maintain protectionism and customs, and at the same time conduct an aggressive expansion policy. Their current actions in this political area appear abnormal when observed from an analytical perspective. The nations within the EU are all in front line when it comes to everything from technical to democratic perspectives. They are all advocates of freedom, human rights and openness, but are at the same time part of this controlled and restrictive policy regarding their food.   The aim of this essay is not only to illustrate the relationship between the EU and its member states in question of agricultural policies. Also how less fortunate parts of the globe, in particular sub-Saharan African countries, are affected by the contemporary agricultural policies. The presented empirical material will be analysed through three political ideologies, which will represent conservatism, socialism and liberalism within the international political economy. The ideologies combined with the empirical material together with ideology analysis and qualitative text analysis will discuss the question of the essay, which will end up in the final analysis and conclusion.
9

Widows as 'cultural tools' : translating widows' rights into local realities in Uganda & Nigeria

2015 February 1900 (has links)
This thesis examines the persistent widespread discrimination against widows in Uganda and Nigeria that results from mandatory observance of harmful widowhood rituals, interpersonal violence, disinheritance, and forceful deprivation of property in marriage, in violation of and contrary to the provisions of international and regional human rights conventions and domestic laws. The thesis argues that international, regional, and domestic laws have not been effective to address the violation of widows’ rights because the terms in which these laws are expressed are not meaningful at the grassroots level. The thesis proposes social, cultural, economic, and legal measures to address the use of widows as cultural tools. In this thesis, I use the term ‘cultural tools’ to refer to the use of widows in Uganda and Nigeria, as in many other sub-Saharan African countries, as embodiments of cultural identity, especially in most parts of rural areas. Widows are used as tools to perpetuate traditional cultural customs such as widowhood rituals, levirate marriages, disinheritance, and widow cleansing. Article 9 of the Universal Declaration of Human Rights (UDHR) proclaims that “all human beings are born free and equal in dignity and rights”. This provision is complemented by various international and regional instruments on discrimination and gender equality. Using the Igbo tribe of the Eastern part of Nigeria and the Baganda tribe of Uganda as case studies, my thesis examines to what extent widowhood rites amount to an infringement of the human rights of the widows in most part of the sub-Saharan African countries. The thesis examines the various international, regional, and domestic laws as they apply to or affect Nigerian and Ugandan widows either as a consequence of their status as widows or as members of the community. Thus, in light of the gap between international and state laws, on the one hand, and cultures and customary law on the other hand, this thesis draws insights from the concept of “vernacularization”. This approach combines the views espoused in Sally Engle Merry’s work and argues that to change the cultures and practices of customary law on the ground, initiatives must be taken at the grassroots level.
10

Essai sur la pauvreté, la vulnérabilité et le travail des enfants / Essay on Poverty, Vulnerability and child labour

Boutin, Delphine 07 December 2012 (has links)
La faiblesse des ressources parentales est souvent citée comme le principal déterminant du travail des enfants. Pourtant, la relation entre la pauvreté des géniteurs et la mise au travail des enfants est ambigüe, puisque de nombreuses études théoriques et empiriques aboutissent à des résultats contradictoires. Nous cherchons, à travers cette thèse, à clarifier les relations existant entre la pauvreté et le travail des enfants. Ces liens sont également actualisés, au regard des récents développements dans la mesure de la vulnérabilité et aussi de l’actuel contexte de crises globales et multiples. L’accent est mis sur les pays africains puisqu’une majorité d’enfants travailleurs se trouvent sur ce continent. Ce travail de recherche se décompose en deux parties. Premièrement, nous revisitons les liens entre la pauvreté monétaire et le travail des enfants, à l’aide d’une revue de la littérature et d’une analyse empirique, prenant pour exemple le Mali. Deuxièmement, la participation des enfants aux activités économiques est étudiée comme une stratégie des ménages visant à réduire la variabilité des revenus. La mise au travail des enfants consécutive à la vulnérabilité du ménage est analysée de deux manières différentes : selon le type de chocs encourus et selon le type de vulnérabilité (ex-ante ou ex-post). Le dernier chapitre a pour ambition d’étudier l’effet d’une variation exogène du revenu des ménages, à travers les envois de fonds. / The oftmentioned and thus the most controversial cause of child labour is poverty. However, the relationship between poverty and child labour is blurred as numerous theoretical and empirical studies focused on these issues show contradictories results. Besides, increasing attention is being paid to vulnerability as a key dynamic aspect of poverty, making more complex the impact of poverty on child labour. The aims of my thesis work is to clarify the relationship between poverty and child labour and to update it in the light of recent development in poverty and vulnerability measurement and the current context of multiple crises. I choose to focus on African countries as the majority of child labourers are found in these countries. Two main parts compose my PhD dissertation. First, my dissertation research revisits the links between child labour and household poverty. Second, the children participation to labour is part of a household strategy to reduce the income variability. The vulnerability of children to work is thus analysed in two different ways, according the type of shocks and the type of vulnerability (ex-ante or ex-post). The final chapter of my thesis aims to analyse if an exogenous household income increase, through remittances, have a positive impact on children work.

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