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(University of Ibadan, 2022-01-19)Monetary policy is central to the attainment of low and stable inflation, and long-term growth. Ghana’s inflation has been relatively high and volatile since 1980 with modest economic growth. Inflation averaged 37.3% ...
INFRASTRUCTURE DEVELOPMENT, TRADE, AND ECONOMIC GROWTH IN THE EAST AFRICAN COMMUNITY: AN EMPIRICAL ANALYSIS (University of Nairobi, 2022-01-17)Infrastructure holds a central position in a country’s economic activity, hence the need to do a comprehensive analysis of its specific contributions to an economy. In the last decades, the East African Community (EAC) ...
Do Gold and Crude Oil Act as Portfolio Diversifiers, Safe Haven Assets or Hedge Instruments Against Volatility in Stock Markets and Exchange Rates? Evidence from sub Saharan Afric (African Economic Research Consortium, 2022-01-12)This paper examines whether gold and crude oil are used as diversifying, hedging or as safe haven assets against stock markets and exchange rate volatility in selected African countries. We use daily data for South ...
GOVERNMENT EXPENDITURE, EFFICIENCY, INSTITUTIONAL QUALITY AND ECONOMIC GROWTH IN SUB-SAHARAN AFRICAN COUNTRIES (University of Nairobi, 2021-12-16)The aim of this thesis was threefold. First, the study scrutinized the role of government spending on output growth for SSA countries. SSA countries’ economic growth has been low compared to other developing regions. ...
(African Economic Research ConsortiumAfrican Economic Research Consortium, 2021-11-25)This paper aims at examining the role of banks in the transmission of the monetary policy in the West African Economic and Monetary Union (WAEMU). By using a simple theoretical model, this paper shows that improving ...