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Abstract: This paper examines the nature and extent of poverty in Africa. It recognizes that poverty in the region is essentially a rural phenomenon and women are disproportionately affected. The paper argues for an integrated strategy approach to poverty alleviation in Africa which deals with...
Abstract: Multinational corporations and policy makers in the African Franc Zone face currency risk while participating in international trade or borrowing abroad. This paper investigates managing this currency risk through the foreign currency futures market. An optimal cross‐hedging model is...
Abstract: At independence, Zimbabwe was faced with the dilemma of redressing the inherited inequalities while, at the same time, ensuring continued expansion of the economy, to provide employment to the increasing labour force. The implied frictions were exemplified by large budget deficits,...
Abstract: This paper sets out to examine the relevance of the Dutch disease model to the circumstances of Nigeria, and by extension, other African countries, with particular emphasis on the manufacturing sector. The results of the study indicate that, while the model has contributed to our...
Abstract: The Report of the South Commission has been, and should be, broadly welcome by both the peoples of the South and North. It is addressed in the first place to the peoples and governments of the developing countries. But given the growing global interdependence, the Report is also...
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