Public Financial Management and Fiscal Outcomes in Sub-Saharan African Heavily-Indebted Poor Countries

2008 ◽  
Author(s):  
Tej Prakash ◽  
Ezequiel R. Cabezon
Keyword(s):  
Financial Management ◽  
Poor Countries ◽  
Public Financial Management ◽  
Heavily Indebted Poor Countries ◽  
Sub Saharan ◽  
Fiscal Outcomes

Welfare implications of external debt and capital flight in Sub-Saharan Africa (Evidence using panel data modelling)

2021 ◽  
Vol 71 (2) ◽  
pp. 347-367
Author(s):  
Isaac Kwesi Ampah ◽  
Gábor Dávid Kiss
Keyword(s):  
External Debt ◽  
Estimation Method ◽  
Sub Saharan Africa ◽  
Capital Flight ◽  
Poor Countries ◽  
The People ◽  
General Welfare ◽  
Heavily Indebted Poor Countries ◽  
Sub Saharan ◽  
External Borrowing

AbstractThe countries in Sub-Saharan Africa (SSA) have experienced a positive growth rate of over five per cent per year, on average, since their transition from the Heavily Indebted Poor Countries Initiative in 1996 and the Multilateral Debt Relief Initiative in 2006. Despite this growth, poverty and inequality are still very high. Employing the Driscoll – Kraay standard panel estimation method and dataset from 1990 to 2015, this paper sets out to examine the implications of external debt and capital flight on the general welfare of the people. The estimation results reveal that both external debt and capital flight have a welfare inhibiting effect, suggesting that increases in external borrowing or capital flight may lead to a reduction in the welfare of the people in the sub-region. The study, therefore, recommends to policymakers and government in the sub-region the need to tackle the revolving nature of external borrowing and capital flight and take steps to halt all channels through which deservingly acquired capital leaves the sub-region.

Accounting, auditing and accountability research in Africa

2017 ◽  
Vol 30 (6) ◽  
pp. 1206-1229 ◽  
Author(s):  
Robert Ochoki Nyamori ◽  
Abu Shiraz Abdul-Rahaman ◽  
Grant Samkin
Keyword(s):  
Financial Management ◽  
Contemporary Literature ◽  
Sub Saharan Africa ◽  
Special Issue ◽  
African Countries ◽  
Sector Reform ◽  
Content Type ◽  
Public Financial Management ◽  
Sub Saharan ◽  
East West

Purpose The purpose of this paper is to discuss developments in governance in Africa and the opportunities this offers to accounting, auditing and accountability researchers. The paper also provides an overview of the other contributions in this accounting, auditing and accountability special issue. Design/methodology/approach This paper provides a contemporary literature review on governance and accountability in Africa, identifying the key developments in public sector reform and the research gaps that still need to be filled. While the paper focuses on Sub-Saharan Africa, the authors draw on examples from Ghana, Kenya, and South Africa – geographically representing east, west, and south of the continent. Findings The paper finds that governance has emerged as a crucial issue that has a significant effect on the economic development of African countries. This has been associated with a myriad of reforms which range from anti-corruption measures to public financial management reforms. The authors find that the implementation and effects of these reforms have not been adequately researched by accounting scholars. Research limitations/implications This is a review of a limited literature. Empirical research and a more comprehensive review of the literature from public administration and other disciplines might provide other new insights for research on governance in Africa. A further limitation is that the study has focused on a review of the most recent reforms while earlier reforms should be of particular interest to accounting historians. Originality/value This paper and other contributions to this special issue of AAAJ provide a basis and an agenda for accounting scholars seeking to undertake interdisciplinary research on Africa.

scholarly journals Budget line items for immunization in 33 African countries

2020 ◽  
Vol 35 (7) ◽  
pp. 753-764
Author(s):  
Ulla K Griffiths ◽  
Jennifer Asman ◽  
Alex Adjagba ◽  
Marina Yo ◽  
James O Oguta ◽  
...  
Keyword(s):  
Financial Management ◽  
Democratic Republic Of Congo ◽  
Relevant Information ◽  
African Countries ◽  
Donor Funding ◽  
Public Financial Management ◽  
Immunization Services ◽  
Sub Saharan ◽  
Budget Execution ◽  
Health Programme

Abstract When seeking to ensure financial sustainability of a health programme, existence of a line item in the Ministry of Health (MOH) budget is often seen as an essential, first step. We used immunization as a reference point for cross-country comparison of budgeting methods in Sub-Saharan African countries. Study objectives were to (1) verify the number and types of budget line items for immunization services, (2) compare budget execution with budgeted amounts and (3) compare values with annual immunization expenditures reported to WHO and UNICEF. MOH budgets for 2016 and/or 2017 were obtained from 33 countries. Despite repeated attempts, budgets could not be retrieved from five countries (Chad, Eritrea, Guinea Bissau, Somalia and South Sudan), and we were only able to gather budget execution from eight countries. The number of immunization line items ranged between 0 and 42, with a median of eight. Immunization donor funding was included in 10 budgets. Differences between budgeted amounts and expenditures reported to WHO and UNICEF were greater than 50% in 66% of countries. Immunization budgets per child in the birth cohort ranged from US$1.37 (Democratic Republic of Congo) to US$67.51 (Central African Republic), with an average of US$10.05. Out of the total Government health budget, immunization comprised between 0.04% (Madagascar) and 5.67% (Benin), with an average of 1.98% across the countries, when excluding on-budget donor funds. It was challenging to obtain MOH budgets in many countries and it was largely impossible to access budget execution reports, preventing us from assessing budget credibility. Large differences between budgets and expenditures reported to WHO and UNICEF are likely due to inconsistent interpretations of reporting requirements, diverse approaches to reporting donor funds, challenges in extracting the relevant information from public financial management systems and broader issues of public financial management capacity in MOH staff.

scholarly journals Macroeconomic Volatility and Capital Flights in Sub-Saharan Africa: A Dynamic Panel Estimation of some Selected HIPC Countries

2018 ◽  
Vol 9 (5) ◽  
pp. 165-176
Author(s):  
Kiss Gabor David ◽  
Isaac Kwesi Ampah
Keyword(s):  
Sub Saharan Africa ◽  
Macroeconomic Volatility ◽  
Poor Countries ◽  
Distributed Lag ◽  
Distributed Lag Model ◽  
Autoregressive Distributed Lag ◽  
Domestic Capital ◽  
Heavily Indebted Poor Countries ◽  
Lag Model ◽  
Sub Saharan

Abstract For several years, illicit financial outflows though unobservable have remained rampant in the sub-Saharan Africa (SSA) sub-region. This paper examines whether macroeconomic volatilities as perceived by domestic investors in the sub-region have any influence on these outflows taking some selected Heavily Indebted Poor Countries (HIPC) and dataset for the period 1990 to 2012 as the case study. In addition, the study employs a Generalized Autoregression Heteroscedasticity (GARCH) model and Panel Autoregressive Distributed Lag model in its estimation. The outcomes of the econometric investigation, which reflects the current situation in the sub-region, support the view that domestic investors will withdraw their investments and other financial holdings from the domestic economy if they perceived present and future government policies to be volatile. These results suggest that government in HIPC Countries in SSA should focus on stabilising their macroeconomic and political situation if they want to reduce the outflow of domestic capital.

Medical Migration and The Global Politics of Equality1

2018 ◽  
Author(s):  
Hannah Bradby
Keyword(s):  
National Health Service ◽  
Global Health ◽  
Premature Death ◽  
First Century ◽  
Global Politics ◽  
Healthcare Personnel ◽  
Medical Migration ◽  
Poor Countries ◽  
Sub Saharan ◽  
Foreign Doctors

Employing doctors and nurses who were trained overseas has been standard practice since the inception of the British National Health Service (NHS) in 1948. However, by the twenty-first century, recruitment of doctors from Africa was being compared with the slave trade in terms of its exploitative and damaging effects: ‘current policies of recruiting doctors from poor countries are a real cause of premature death and untreated disease in those countries and actively contribute to the sum of human misery.’ The assertion that employing foreign doctors was causing poor health in those doctors’ countries of origin was echoed in two reports from global health organisations, which stressed the emigration of skilled healthcare personnel from the sub-Saharan region of Africa as being related to concomitant deterioration in populations ife expectancy and declared a ‘global health workforce crisis.

Assessing and Reforming Public Financial Management

2003 ◽  
Author(s):  
Richard Allen ◽  
Salvatore Schiavo-Campo ◽  
Thomas Columkill Garrity
Keyword(s):  
Financial Management ◽  
Public Financial Management
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