Central Bank Independence in East African Countries: The Case of Kenya, Uganda and Tanzania

2015 ◽  
Author(s):  
Fitsum Weldegiorgis

In an epoch when environmental issues make the headlines, this is a work that goes beyond the everyday. Ecologies as diverse as the Himalayas and the Indian Ocean coast, the Negev desert and the former military bases of Vietnam, or the Namib desert and the east African savannah all have in common a long-time human presence and the many ways people have modified nature. With research in six Asian and African countries, the authors come together to ask how and why human impacts on nature have grown in scale and pace from a long pre-history. The chapters in this volume illumine specific patterns and responses across time, going beyond an overt centring of the European experience. The tapestry of life and the human reshaping of environments evoke both concern and hope, making it vital to understand when, why, and how we came to this particular turn in the road. Eschewing easy labels and questioning eurocentrism in today’s climate vocabulary, this is a volume that will stimulate rethinking among scholars and citizens alike.


Author(s):  
Donato Masciandaro ◽  
Davide Romelli

This chapter investigates the endogenous evolution of central bank institutional design over the past four decades. From a theoretical perspective, it employs a stylized political economy model to highlight some key determinants of the level of central bank independence as a function of macroeconomic shocks and political economy characteristics of countries. It then employs recently developed dynamic indices of central bank design to describe the evolution of central bank independence over the period 1972–2014. In a sample of sixty-five countries, it shows that the increasing trend in central bank independence during 1972–2007 has been reversing after the 2008 financial crisis, mainly due to significant changes to the roles of central banks in banking supervision. The authors find that this evolution can be related to several macroeconomic shocks, such as inflationary, fiscal, and exchange-rate shocks.


2021 ◽  
Author(s):  
Ronja Hermiene Maria Knippers ◽  
Sandrine Gallois ◽  
Tinde van Andel

AbstractAframomum (Zingiberaceae) is a genus of plants native to tropical Africa that are sold on African markets as spices and traditional medicine. Not all species of Aframomum are equally abundant or widespread, and no overview exists of the specific species traded or the quality of the species identifications in publications referencing the sale of Aframomum. Through a systematic literature review, we show that 14 species of Aframomum are sold in 15 African countries. The majority of the studies were done in Nigeria and Cameroon and A. melegueta was the most frequently reported species in trade. A. kayserianum was the only commercialized species with confirmed conservation issues. Our literature review shows extensive knowledge gaps regarding the commercialization of Aframomum in Africa. Most studies did not include herbarium vouchers, or only used market-sourced plant material, which impedes the possibilities for species verifications. Additionally, most East African countries were devoid of relevant research. These gaps can be bridged by future research in East Africa and voucher collection from living material. Information on the conservation status of traded Aframomum species can be obtained by population studies on wild resources and documenting local domestication efforts, as the cultivation of marketed species tends to relieve the pressure from wild resources.


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