Spelling suggestions: "subject:"adc"" "subject:"sadc""
51 |
A Case for efficient legal and institutional frameworks for cross-border railway development in the East African communityTebagana, George January 2014 (has links)
The East African Community (EAC) suffers from a critical lack of cross-border railway networks that, if remedied, could improve regional connectivity and boost intraregional trade. The region would also become more investor friendly. Cross-border railway connectivity is particularly important owing to the challenging geographical location and small, uncompetitive and inefficient Partner States. The EAC Partner States have embarked on an ambitious programme to jointly revamp the region’s railways to address the transport deficits. Joint implementation of transport infrastructure projects offers economies of scale. However, joint efforts are constrained by inefficiencies of the region’s legal and institutional frameworks. The region is characterised by inefficient legal and institutional frameworks. This research argues that it is critical to first address the legal and institutional bottlenecks which will in turn constitute the backbone to support EAC’s efforts towards development and sustainable management of cross-border railways in the EAC. The research reviews effectiveness of the existing legal and institutional frameworks, identifies gaps and, using Southern African Development Community (SADC) as a benchmark proposes solutions for improvement. / Dissertation (LLM)--University of Pretoria, 2014. / gm2015 / Centre for Human Rights / LLM / Unrestricted
|
52 |
To what extent is overlapping membership of regional structures with mutually exclusive objectives in the SADC region an impediment to regional integrationBanda, Simambo Tenford 16 February 2013 (has links)
The main objectives of the study was to determine the exclusivity of the objectives of the regional groupings within the SADC region and to assess the impact that membership overlaps has on the realization of specific regional grouping objectives.A qualitative research approach was adopted. Semi-structured in-depth expert interviews were used to determine the issues arising from regional membership overlaps in the SADC region.Due to limited literature around the subject of regional integration in the SADC region, work done by my supervisor Dr Jannie Rossouw were cited in some instances.Recent developments in the Western economies that have resulted in the refocusing of the SADC region have resulted in polarization amongst the regional groupings in Africa. Furthermore, existing regional groupings within the Southern Africa, have endenvoured on an ambitious regional integration agenda which has resulted in membership overlaps within the existing regional bodies. The study found that these regional overlaps are costing the affected member states in the form of monetary subscription and through the deployment of the rare human skilled resources to regional secretariats. The advent of the European Partnership Agreements has caused polarization within the SADC region through the signing of various bi-lateral and multi-lateral agreements. Most importantly, this study found that structural overlaps exist within SADC itself. A lack of sufficient political will amongst SADC member states was also noted as an impediment to regional integration.However, the study also noted some positive performances of existing regional grouping despite membership overlaps. The Common Monetary Area was highlighted as a grouping that was performing in line with prescribed regional integration convergence indicators. / Dissertation (MBA)--University of Pretoria, 2012. / Gordon Institute of Business Science (GIBS) / Unrestricted
|
53 |
Trade liberalisation and human rights protection under the SADCFoquiço, Cláudio Castigo January 2009 (has links)
Investigates how the SADC achieves trade
liberalisation and ensure human rights protection in SADC at the same time. Discusses how the right–based approach on trade can successfully be used as a tool for
the advancement of human rights in the SADC context. / A dissertation submitted to the Faculty of Law University of Pretoria, in partial fulfilment of the requirements for the degree Masters of Law (LLM in Human Rights and Democratisation in Africa). Prepared under the supervision of Prof Fredrick Jjuuko, Faculty of Law, Makerere University, Kampala, Uganda. / LLM Dissertation (Human Rights and Democratisation in Africa -- University of Pretoria, 2009. / http://www.chr.up.ac.za/ / Centre for Human Rights / LLM
|
54 |
Finding theoretical and empirical solutions to the three major puzzles of exchange rate economics : applications in respect of Southern African macroeconomic dataMokoena, Thabo Mishack 10 June 2008 (has links)
The thesis focuses on finding solutions to major exchange rate puzzles, which were discussed in detail by Obstfeld and Rogoff (2000). The first puzzle is the purchasing power parity puzzle. The first version of the latter puzzle is concerned with whether a real exchange rate reverts in the mean. To resolve the puzzle in the context of Southern African Development Community countries, the thesis uses Bayesian unit root testing and nonlinear nonstationarity tests associated with the smooth transition autoregressive family of models. According to Bayesian unit root test results, the nonstationarity hypothesis received small posterior probability relative to other hypotheses. In this setting, the Bayesian results strongly supported the hypothesis that all the real exchange rates were trend-stationary autoregressive processes. However, it should be pointed out that Ahking (2004) has found these tests to be biased toward trend stationarity. Nonlinear nonstationarity tests presented evidence that four out of ten of SADC’s real exchange rates could be regarded as nonlinear globally ergodic processes, while others could be considered random walks. The thesis relies on local-to-unity asymptotic theory and Rossi (2005a) to deal with the half-life version of the PPP puzzle. The half-life version is that a high degree of exchange rate volatility is generally associated with an implausibly slow speed of mean reversion. Depending on the robustness of the methods used, empirical evidence points to several half-lives of less than 36 months, but the confidence intervals of half-life deviations from PPP are found in all cases, as in Rossi’s work, to be too wide to be informative enough to resolve the puzzle. In addition, the thesis undertakes Hinich and Chong (2007) class tests of fractional integration to ensure that a long memory process is not mistaken for a nonstationary process in finding solutions to the PPP puzzle. The results show that at 1 per cent and 5 per cent significance levels, the real exchange rates associated with South Africa, Mauritius and Swaziland are not fractionally integrated. Tanzania’s real exchange rate was found to be stationary-fractionally integrated but with the antipersistence property. Other currencies were found to be nonstationary-fractionally integrated. The third puzzle is the exchange rate determination puzzle, which is as follows: In the short run there seems to be no reliable determinants of exchange rates. The thesis relies on the market microstructure approach to find the determinants of South Africa’s exchange rate. In this context, the thesis utilises autoregressive distributed lag model of cointegration to identify the fundamental and non-fundamental determinants of the rand/dollar exchange rate. The main contribution of the thesis to the economic literature is the usage of newly developed methods in an attempt to resolve the above-mentioned puzzles. / Thesis (PhD (Economics))--University of Pretoria, 2008. / Economics / unrestricted
|
55 |
The impact of non-tariff measures on SADC agricultural tradeKalaba, Mmatlou W. January 2014 (has links)
Fifteen countries which are members of the Southern African Development Community
(SADC) have embarked on a regional integration initiative. In 1996, a trade protocol that
aimed to increase trade among members by removing trade barriers was signed. In the year
2000, this protocol was implemented, leading to a Free Trade Area (FTA) in 2008. More than
85 % of SADC trade was free of customs duties from 2008 onwards. However, while custom
tariffs were reduced, the share of SADC trade did not show any improvement over the tenyear
period after implementing the trade protocol. Accordingly, the objective of this study is
to examine the factors which contributed to lack of improvement in SADC trade, particularly
the role of Non-Tariff Measures (NTMs).
One of the main challenges in analysing NTMs in SADC is the unavailability of relevant
information. An SADC NTM database was built as a repository of official NTMs. In order to
quantify NTMs, a database was classified, similarly to the international database. Agricultural
products at HS 4-digit level for ten SADC countries were included in this repository, and
groupedinto six main categories; namely animal products, cereals, horticultural products,
oilseeds, industrial and processed products. The trade data challenges within SADC countries inadvertently prescribed the econometric
methods to apply for the set objectives of the study. The two main challenges of SADC trade
data are missing data for some years and high percentage of zero trade flows. A latent
threshold gravity model was employed with hierarchical specification to control for country
effects. The hierarchical model captures individual country effects, such as the impact of
NTMs on trade volumes, and thus intra-SADC trade.
Such impact was then assessed when an additional NTM is introduced or increases trade
volumes. The two effect models were examining the attributes of changes in regional trade, as
well as those attributes of change in NTMs. The effects NTMs were incorporated into the
model by weighting the number of NTMs by share of trade in the region, as well as ranks of
country NTMs within product groups. Types of NTMs which were estimated are Sanitary and
Phyto-Sanitary measures (SPS), Technical Barriers to Trade (TBT) and an aggregation of all
other NTMs which do not belong to the two groups. Results show that there is evidence NTMs were increasing at the same period when tariffs
were being reduced. Using the inventory methods of evaluating presence and prevalence of
NTMs, it was also evident that NTMs are used across most agricultural products. The
percentage of products affected by NTMs in 2010 was much higher than in 2000.
The econometric model results show that all gravity model variables, GDP, border and
language were consistent with the theoretical expectations.Distance does nothave significant
influence on SADC trade. The reason for this has to do with the trading pattern of SADC
countries, which is very high between contiguous members, compared to non-contiguous
members. The estimation of zero observed trade, using a threshold model, provided additional
understanding of the role and reasons for such trade. The estimated effects of the observed
zero trade showed that if this threshold is high, implying that trade costs (NTMs) are
restricting trade, then zero trade was observed. When high percentage of zero trade is
observed, then intra-SADC trade remains small or declines. However, if the threshold is low,
intra-SADC trade increases, as was observed in the case of industrial products.
The overall results confirm that NTMs do have an impact on intra-SADC trade. Industrial and
cereal products are more responsive to NTMs than the other five product groups. A unit
change in NTMs by regional trade members has more effects on intra- regional trade than a unit change in trade value. That is the case because the SADC is already exchanging a large
share of its total trade with non-SADC members. Therefore, attention should be given to
addressing the way NTMs are introduced.
One of the important findings from the study is that the intra-SADC trade is affected more by
the effect of an additional NTM, than an additional unit of trade in value. The effect of
addressing NTMs is one and half more than those of additional trade value. So, in order to
improve intra-SADC trade performance, focus must on addressing the NTMs and growing
trade. In addressing NTMs, it does not necessarily require removing or even reducing them. It
is about making it easy to comply with them. SADC trade can be improved substantially by
aiming to harmonise NTMs and overall policies. / Thesis (PhD)--University of Pretoria, 2014. / lk2014 / Agricultural Economics, Extension and Rural Development / PhD / unrestricted
|
56 |
Inflation and economic growth nexus in the Southern African Development Community : a panel data investigationSeleteng, Monaheng 01 May 2013 (has links)
The aim of the thesis is to examine the relationship between inflation and economic growth using the Southern African Development Community (SADC) as a case study. The motivation emanates not only because of the lack of studies analysing this relationship in the SADC region, but also due to the fact that this relationship may differ from the one that exists in developed countries due to the level of economic development and prudent macroeconomic policies being practised in the latter (Sarel, 1996). The relationship may differ because the vast majority of developed countries have established independent central banks with a clear mandate to keep inflation levels within a specific range (adopted an inflation targeting framework). However, in most developing countries, central banks do not have a clear inflation targeting monetary policy framework, for instance, in the SADC region, only South Africa has adopted an inflation targeting monetary policy framework. High inflation episodes are known to contribute to macroeconomic instability, therefore policy makers find it important to understand the kind of the relationship that exists between inflation and economic growth in order to develop and implement sound macroeconomic policies. Therefore, inflation is viewed to be one of the basic indicators of macroeconomic stability; hence it is an indicator of the ability of the government to manage the economy. High levels of inflation may be indicative of a lack of sound governance by the monetary authority of a country. In addition, it is a sign of government that has lost control of its finances (Fischer,1993). The thesis addresses issues of nonlinearities in the inflation-growth nexus by endogenously estimating the threshold level of inflation below which inflation may have no, or positive, impact on economic growth, or above which inflation may be detrimental to economic growth. It also assesses the effects of a shock to inflation in South Africa, being the largest economy in the region, on inflation and economic growth of the rest of the region. First, different panel data methodologies; Fixed Effects (FE), Difference Generalised Method of Moments (DIF-GMM), System Generalised Method of Moments (SYSGMM), and Seemingly Unrelated Regression (SUR) estimators are used in order to examine the relationship between inflation and economic growth in the region. Second, Panel Smooth Transition Regression (PSTR) methodology is utilised to examine the nonlinearities in the inflation-growth nexus. In particular, the threshold level of inflation is endogenously estimated and the smoothness of the transition from a low to a high inflation regime in the region is also estimated1. Thirdly, the effects of South African inflation on the inflation and economic growth in the rest of the region are assessed using impulse-response functions derived from estimating a Panel Vector Autoregression (PVAR) model. Overall, the study deals with problems which are normally encountered when using cross-country data such as endogeneity, heterogeneity and cross-sectional dependence. The main findings of the study are that inflation and economic growth in the region are negatively related, as is also the case in other regions of the world as depicted by the empirical literature (Fischer, 1993 and De Gregorio, 1993). Therefore, in terms of the inflation-growth link, the SADC region is not different from all the other regions around the globe. Secondly, the threshold level of inflation in the region is estimated at 18.9 per cent, which is in line with the findings of authors like Drukker et al. (2005), Mignon and Villavicencio (2011), and Ibarra and Trupkin (2011), who found a threshold level of 19.2 per cent, 19.6 per cent, and 19.1 per cent for developing countries. However, this threshold level marginally exceeds that of Khan and Senhadji (2001), Schiavo and Vaona (2007), Moshiri and Sepehri (2009) and Espinoza et al. (2010), which studies report threshold values between 10 and 12 per cent for developing countries. The empirical results also reveal that shocks to South African inflation have significant economic impact on inflation, openness, investment and economic growth in the rest of the SADC region. In particular, more interestingly, South African inflation is found to have a negative and statistically significant impact on economic growth in the region for up to about 12 years after the shock, after which, it becomes insignificant. The contribution of the thesis to the literature is that, firstly, this looks into the inflation-growth relationship in the context of Africa, in particular the SADC region; as such an investigation or research has not been conducted before. Secondly, the research takes advantage of panel data methodologies so as to provide more robust estimates and confront the potential bias emanating from problems such as endogeneity, heterogeneity and cross-country dependence that may have affected previous empirical work on inflation-growth nexus. This is believed to provide more informative estimates on the inflation-growth link, and therefore deepens our knowledge of the region. / Thesis (PhD)--University of Pretoria, 2012. / Economics / unrestricted
|
57 |
The role played by Southern African Customs Union (SACU) in promoting development within its member states. 1994-2013Mokoena, Dominic Kgaugelo 11 February 2016 (has links)
MAAS / Department of Developmental Studies
|
58 |
A comparative study of the complexity of trust tax legislation in selected Southern African Development Community countriesGraskie, Michael Andrew January 2019 (has links)
For many years tax jurisdictions have encountered challenges with the concept of the taxation of trusts. The trust concept itself conjures up thoughts of complexity. The development of the trust as a structure and the subsequent colonial influence on the development of trusts in Africa, resulted in different applications of the common law trust principle in tax legislation. This study explores the complexity of the trust tax legislation by way of a comparison of the legislation in selected Southern African Development Community (SADC) countries.
The study applies a qualitative approach to compare the trust tax legislation of the selected SADC tax jurisdictions in an effort to assess the complexity involved in the taxation of trusts. The research methodology employed is doctrinal (black letter law) and includes an analysis of the legislation of the selected jurisdictions.
The study reveals substantial similarities in the terminology used in the taxation of trusts in the selected jurisdictions. In comparing the legislation of the jurisdictions that make provision for the flow through principle with those of the jurisdictions that do not make provision for the flow through principle, a larger element of complexity in the legislation becomes apparent with wider legislative design differences. Additionally, jurisdictions that make provision for the flow through principle also introduce anti-avoidance legislation to curb the misuse of income attributed to the beneficiaries of trusts. This anti-avoidance legislation creates additional complexity in the legislation. / Dissertation (MCom (Taxation))--University of Pretoria, 2019. / Taxation / MCom Taxation / Unrestricted
|
59 |
Transparency in medicines registration decision making: A closer look at National Medicines Regulatory Authorities (NMRAs) within the Southern African Development Community (SADC) region.Ratlabyana, Mphako Brighton January 2020 (has links)
Magister Pharmaceuticae - MPharm / Medicines registration decision-making and regulatory best practice involve transparent and consistent rule making and processes with publicly available published assessment decisions and reports (Kaine, 2020). Publication of information relating to evaluation of medicines in the form of Public Assessment Reports (PARs) is one way of ensuring transparency in medicines registration decision making. It is however not clear whether National Medicines Regulatory Authorities (NMRAs) in the Southern African Development Community (SADC) region are in a position to generate or even publish such PARs / summary basis for registration of medicines. Objectives: The study investigated transparency in medicines registration decision-making processes for NMRAs within the SADC region. Specifically, the availability or non-availability of PARs / Summary basis for registration of medicinal products. To establish if all SADC NMRAs have legislative frameworks for regulating medicines and to investigate the sources of funding for SADC NMRAs. Methods: A cross-sectional exploratory descriptive study design with qualitative techniques by questionnaire as a data collection tool was used. Questionnaires were sent via email to senior members / key informants of 11 regulatory authorities belonging to SADC. Trend analysis was conducted based on the emerging themes from questionnaire response. Results The study revealed that currently five (5) NMRAs are operating as semi-autonomous agencies namely: BOMRA, MCAZ, PMRA, SAHPRA and TMDA .While NMRC, DNME of Angola, ACOREP of DRC and DNF of Mozambique are functioning within their respective Ministries of Health Departments. Furthermore, all NMRAs have a legislation framework governing the regulation of medicines in their respective jurisdictions. However, DNME of Angola’s legal framework is not yet officially formalised and as such, they follow a Presidential decree enacted in 2010. Four (4) of nine (9) NMRAs (44 %) reported to have more than 20 internal assessors / evaluators. This indicates a significant milestone for SADC NMRAs in terms of capacity building within the region. The study findings indicated that the SADC NMRAs are receiving funding from multiple sources ranging from a minimum of one to maximum of four funding sources. There were only two NMRAs, MCAZ and PMRA, that were not receiving funding from their governments. The study results further indicates that only TMDA is able to generate and publish PARs amongst SADC NMRAs. Conclusions: The findings in this study suggest that the majority of NMRAs within SADC are not yet matured as compared to countries in the developed world such as the US, Europe, Canada and Australia. It can also be concluded that for SADC NMRAs to be efficient and responsive, they will require massive financial resources. For example, the budget for a matured NMRA such as the US Food and Drug Administration (US FDA) for the 2019 financial year was estimated at US$ 5.7 billion. Literature further indicates that publication of the summary basis of approval or PARs is a norm for mature NMRAs and acts as a tool for regulatory authorities to build and establish confidence in their review processes and provides assurance regarding safety of medicines. The study results indicate that TMDA is publishing PARs or summary of grounds on which approvals are granted. This demonstrates a significant level of transparency in the TMDA medicines registration processes and therefore other SADC NMRAs can benchmark with TMDA to implement this key parameter.
|
60 |
Assessment of potential barriers to medicines regulatory harmonization in the Southern African development community (SADC) regionCalder, Amanda 28 April 2016 (has links)
A Research Report submitted to the Faculty of Health Sciences, University of the
Witwatersrand, in partial fulfilment of the requirements for the Degree of Master
of Science in Medicine (Pharmaceutical Affairs)
Johannesburg, 2016 / Background
The World Health Organization (WHO) defines medicines regulation as the
“promotion and protection of public health by ensuring the safety, efficacy and
quality of drugs, and the appropriateness and accuracy of product information”
(1). Medicines regulation is a key function in the realisation of the right to
essential medicines. However, a satisfactory level of harmonization of regulatory
activities has not been achieved in the Southern African Development Community
(SADC) region as yet.
Objectives
The study evaluated the current status of medicines regulatory harmonization
within the SADC region, as well as explored perceived barriers to regulatory
harmonization and potential strategies to address these.
Methods
A cross-sectional exploratory study design with qualitative techniques, as well as
an inductive approach was used. In-depth, semi-structured, face-to-face interviews
with interviewees from the SADC Secretariat, the African Medicines
Harmonization (AMRH) Initiative and the Southern Africa Regional Programme
on Access to Medicines and Diagnostics (SARPAM) was used, involving
secondary formal qualitative approaches to identify the emergent themes, was
utilised initially. A questionnaire was formulated and adapted using secondary
data collected from the face-to-face interviews, then piloted. Questionnaires were
sent to senior members of all 15 regulatory authorities belonging to SADC,
including registrars and deputy registrars.
Theoretical and analytical codes were identified from repeated ideas, concepts or
elements. Codes were grouped into concepts, and then into categories. Trend
analysis was conducted, involving an in-depth analysis of patterns.
Results
Barriers to regulatory harmonization in the SADC region perceived by
participants included i) deficiencies in governance and leadership within the
SADC Secretariat, ii) human resource and technical capacity constraints, iii)
limited financial resources, iv) lack of political will within SADC governments, v)
lack of intra-SADC relationships, vi) risk-benefit analysis differences in
assessment of applications and bias according to local population needs, as well as
vii) different guidance documents and legal frameworks among member
countries. Strategies identified to address these included i) using other
harmonization initiatives as models, ii) application format harmonization and
African Union (AU) Model Law adoption, iii) redirecting focus of harmonization
to information sharing and technical matter rather than complex legislative
frameworks, iv) regulator initiatives of harmonization instead of SADC secretariat
reliance, v) World Bank Agreement adoption, vi) human resource capacity
development and vii) convergence of guidelines instead of complete
harmonization of all regulatory requirements.
Conclusions
The findings in this study suggest that it may be necessary to redirect the focus of
harmonization to more readily achievable activities and aim for convergence of
guidelines. Regulatory harmonization is possible if barriers to it are addressed. / MT2016
|
Page generated in 0.0955 seconds