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Measuring fiscal performance is not easy. Official budget measures are often flawed with measurement problems, so much so that they may provide a distorted picture of fiscal policy performance. This paper estimates several measures of Ghana Government fiscal balances. The results show that (i)...
The cereal market of Burkina Faso was liberalised in 1992. At the same time a market information service (SIM) was created to collect data on the supply and demand conditions and, in particular, to disseminate weekly the cereal prices of regional markets by radio. The article evaluates to what...
This paper explores the relationship between political instability and economic growth in Sub-Saharan African nations. A more comprehensive measure of political instability than has previously been developed is used in combination with a simultaneous equations model and dynamic panel estimation...
This paper aims to assess the role of instabilities on Africa's low rates of growth during the seventies and eighties, using cross-section econometric estimates, on a sample of African and non-African countries and two pooled decades. Africa exhibits higher 'primary' instabilities (climatic,...
This article makes an attempt to assess the significance of economic integration among African countries, taking the Arab Maghreb Union (AMU) of 1989 as a case study, judged from the perspective of one member country - Algeria. The main conclusion to emerge from the empirical findings is that,...
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