The recent food price crisis and the responses of the policy makers in developing countries provide an unprecedented opportunity to analyse the policy processes in these countries. Policy responses differed depending on the nature and magnitude of...
This paper documents the construction of a South African Social Accounting Matrix (SAM) for the year 2012. The SAM is built using a Statistics South Africa Supply Table and Use Table, National Accounts, and various household and labour market surveys...
This paper reviews the history and controversies associated with capital account management. It first looks at the transition from the acceptance at the Bretton Woods conference of capital account regulations as a normal policy instrument to the...
This paper reviews the current problems of national accounting in Sub-Saharan Africa. With the current uneven application of methods and availability of data, any ranking of countries according to gross domestic product levels is misleading. It is...
Jyrki Ali-Yrkkö, Petri Rouvinen, Timo Seppälä, Pekka Ylä-Anttila Available statistics biases the true picture of the current stage of globalization...
Part of Book Resetting the International Monetary (Non)System
by Helmut Reisen The case for mutual benefits arising from the global diversification of portfolios holds well for funded retirement savings. While...
The South African liquid fuels industry is a significant part of the economy. Historically, government policy focused on import substitution industrialization to support industry margins. This approach is called into question by the 2006 shift from...
Part of Book Foreign Aid for Development
This paper grew out of our bewilderment with the insouciance with which some in the donor community seem ready to abandon accounting for the use of aid. If one listens to the rhetoric surrounding the new approach to aid, one gets the impression that...
Robert Darko Osei As the country’s oil production shifts into gear, Ghana’s new status as a middle-income country is bound to see a reduction in...
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