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A research report submitted to the Faculty of Law, Commerce and Management, University of the Witwatersrand in partial fulfilment of the requirements for the degree of Master of Commerce in Finance, Johannesburg, South Africa, September 2019 / This study examines the role of economic policy uncertainty (EPU) in influencing firm performance and leverage as a form of financing decisions, in the presence of herding in the emerging markets of Brazil, Russia, India, China and South Africa (BRICS). The increase or decrease EPU is determined by the way policymakers or investors act and the consequences of their decisions. This study tries to answer the questions of: During times of economic policy uncertainty, how do firms rationalise making leverage financing decisions; and do they herd their leverage financing decisions towards what the market or other firms have decided? The sample firms are selected based on the Top 80 listed firms by market capitalisation in their respective country stock exchanges; however, the Top 50 in Russia was used. These firms will be split into two sub-groups of the first 40 (25) listed firms and the next 40 (25) listed firms. This will provide some insight into how the first group performs as to the second group at the beginning and end of the sample period. A total of 369 firms will be sampled over a period of 15 years from the beginning of June 2002 to the end of June 2017. Russian, Indian and South African results reject the primary and secondary null hypotheses and conclude that there is a significant relation with EPU being a factor in determining firm leverage financing decisions and that there is a significant relation with more EPU leading to herding towards firm leverage financing decisions, respectively. Brazilian and Chinese results fail to reject the primary and secondary null hypotheses and conclude that there is no significant relation with EPU being a factor in determining firm leverage financing decisions and that there is no significant relation with less EPU leading to little or no herding towards firm leverage financing decisions, respectively. EPU has an impact on business and affects the profit for many firms and this is the reason of investment delays or less consumption, which together may lead to economic activity slowdown. / PH2020

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This paper reviews the long-term economic performance of Tanzania since independence using long-term series of key economic and social indicators constructed from a variety of sources. The disastrous export performance for most of the period under consideration can be attributed partly to domestic policy failures and partly to a hostile external environment. However inconsistent donor support to a highly aid dependent economy at times exacerbated the constraints imposed by persistent foreign exchange shortages. Greater stability in funding and a more flexible policy dialogue are needed. The extent to which a small and poor economy with a weak indigenous private sector can rely on foreign private investment to finance investment in the early stages of adjustment is questioned. Investment in human capital beyond primary school level is also needed if growth is to be sustained.

Dissertation in fulfilment of the degree of Master of Arts in International relations by coursework and research report at the University of the Witwatersrand 2015 / The 21 century has seen the dramatic increase in African-Chinese engagement, with a significant increase in both political and economic interaction. The changing international political and economic reality has seen China become the biggest economy in the world, in terms of purchasing power parity, and substantially increase its footprint in Africa. The increased developing relationship of African-Chinese interactions has brought fourth both criticisms and conversations of opportunity. Both arguments focusing on understanding the nature of the relationship and exploring whether the interactions can be seen as being exploitative or a partnership in growth. A look at the importance of this relationship cannot be complete without first analysing Africa’s historical and current relationship with its Western counterparts. Secondly the research paper looks at Africa’s place in the current international political economy and why the new prospering African-Chinese relationship presents opportunities. This is essentially what the paper seeks to understand and discuss, looking primarily at the role the Chinese policy of non-interference can play with regards to African states development path and understanding its role in the context of Africa position in the global political economy. Key words: Sino-Africa, Policy of Non-interference, Exploitation, Eurocentricism, neo-liberalism

Li, Xiaojia. / Thesis (Ph.D.)--Chinese University of Hong Kong, 2009. / Includes bibliographical references (leaves 161-170). / Electronic reproduction. Hong Kong : Chinese University of Hong Kong, [2012] System requirements: Adobe Acrobat Reader. Available via World Wide Web. / Abstract also in Chinese.

by Wong Tak Chuen. / Thesis (M.Phil.)--Chinese University of Hong Kong, 1999. / Includes bibliographical references (leaves 106-108). / Abstracts in English and Chinese. / ACKNOWLEDGMENT --- p.iii / LIST OF TABLES --- p.iv / LIST OF ILLUSTRATION --- p.v / CHAPTER / Chapter ONE --- INTRODUCTION --- p.1 / Chapter TWO --- THE LITERATURE REVIEW --- p.2 / Chapter THREE --- METHODOLOGY --- p.8 / Error Correction Model / Unit-Root Tests / Cointegration Tests / Structural Break Test / Chapter FOUR --- MODEL SPECIFICATION AND SIMULATION --- p.19 / Chapter FIVE --- SIMULATION ANALYSIS --- p.45 / Chapter SIX --- CONCLUSION --- p.51 / TABLES --- p.53 / ILLUSTRATIONS --- p.67 / APPENDIX --- p.81 / Chapter A --- THE ESTIMATED MODEL / Chapter B --- DATA DESCRIPTION / BIBLIOGRAPHY --- p.109

Photocopy of typescript. / Digitized by Kansas Correctional Industries

Wang, Boqun. / Thesis (M.Phil.)--Chinese University of Hong Kong, 2010. / Includes bibliographical references (leaves 35-37). / Abstracts in English and Chinese. / Abstract --- p.i / Acknowledgment --- p.ii / Contents --- p.iii / List of Tables and Figures --- p.iv / Chapter 1. --- Introduction --- p.v / Chapter 2. --- Literature Review --- p.1 / Chapter 2.1. --- Interpretation of the Output Moderation --- p.3 / Chapter 3 . --- Reduction of Output Volatility in China --- p.6 / Chapter 3.1. --- Data Description --- p.8 / Chapter 3.2. --- Basic Statistical Analysis --- p.8 / Chapter 3.3 --- Decomposition of the Reduction in Volatility --- p.13 / Chapter 3.4. --- Compositional Change --- p.13 / Chapter 4. --- Output Volatility Drop from Central-planning to Economic transition…… --- p.15 / Chapter 5. --- Output Moderation during the Reform Period --- p.19 / Chapter 5.1. --- Conceptual Framework --- p.19 / Chapter 5.2. --- General Determinants --- p.19 / Chapter 5.2.1. --- China-specific Determinants --- p.22 / Chapter 5.3. --- Panel Regression --- p.23 / Chapter 5.3.1. --- Without Share --- p.25 / Chapter 5.3.2. --- With Share --- p.29 / Chapter 5.3.3. --- Interpretation of the Regression Result --- p.33 / Chapter 6. --- Conclusion --- p.33 / References --- p.35 / Figures and Tables --- p.38