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Abstract: This paper is concerned with how primary product price movements, and movements in the terms of trade of primary commodities, impinge on the balance of payments and growth of countries, and also on debt. The first part of the paper gives an up‐to‐date survey of the literature on the...
Abstract: Economic policy reform touches upon two aspects of the subject of economics ‐ welfare economics and political economy. The former develops the logic of how the gains of the gainers and the losses of the losers should be weighed against each other, in the context of particular ethical...
Abstract: Privatization of state owned enterprises is being pushed in many countries by the World Bank and the International Monetary Fund. This article compares the manner in which two formerly socialist countries of Eastern Africa (Tanzania and Zambia) and Bulgaria in Eastern Europe went about...
Abstract: Growth accounting provides a convenient framework for decomposing the structure of economic growth and, hence, interpreting the underlying factors shaping long‐run growth performance. The present study attempts to analyse the sources of Nigerian economic growth performance, using data...
Abstract: This paper evaluates the causes, nature and severity of divergencies among macroeconomic data on Nigeria, using the debt data series as the contextual focus. The findings indicate significant divergencies among the debt data series being published on Nigeria by various organizations....
Abstract: The commercial banking sector of Cameroon experienced a serious crisis in the late 1980s, with many banks becoming illiquid and/or insolvent. Multifaceted government intervention, inadequate management, and a virtual lack of enforcement of banking regulations were at the root of this...
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