Reserve Requirements on Foreign Currency Deposits in Sub-Saharan Africa-Main Features and Policy Implications

2002 ◽  
Author(s):  
Arto Kovanen
Green Finance ◽  
2021 ◽  
Vol 3 (3) ◽  
pp. 268-286
Author(s):  
Paul Adjei Kwakwa ◽  
◽  
Frank Adusah-Poku ◽  
Kwame Adjei-Mantey ◽  
◽  
...  

<abstract> <p>Access to clean energy is necessary for environmental cleanliness and poverty reduction. That notwithstanding, many in developing countries especially those in sub-Saharan Africa region lack clean energy for their routine domestic activities. This study sought to unravel the factors that influence clean energy accessibility in sub-Saharan Africa region. Clean energy accessibility, specifically access to electricity, and access to clean cooking fuels and technologies, were modeled as a function of income, foreign direct investment, inflation, employment and political regime for a panel of 31 sub-Saharan countries for the period 2000–2015. Regression analysis from fixed effect, random effect and Fully Modified Ordinary Least Squares show that access to clean energy is influenced positively by income, foreign direct investment, political regime and employment while inflation has some negative effect on its accessibility. The policy implications from the findings among other things include that expansion in GDP per capita in the sub-region shall be helpful in increasing accessibility to clean energy. Moreover, strengthening the democratic institutions of countries in the region shall enhance the citizens' accessibility to clean energy. Ensuring sustainable jobs for the citizens is necessary for access clean energy.</p> </abstract>


2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Carol A. Tilt ◽  
Wei Qian ◽  
Sanjaya Kuruppu ◽  
Dinithi Dissanayake

Purpose Developing countries experience their own social, political and environmental issues, but surprisingly limited papers have examined sustainability reporting in these regions, notably in sub-Saharan Africa. To fill this gap and understand the state of sustainability reporting in sub-Saharan Africa, this paper aims to investigate the current state of reporting, identifies the major motivations and barriers for reporting and suggests an agenda of future issues that need to be considered by firms, policymakers and academics. Design/methodology/approach This paper includes analysis of reporting practices in 48 sub-Saharan African countries using the lens of New Institutional Economics. It comprises three phases of data collection and analysis: presentation of overall reporting data collected and provided by Global Reporting Initiative (GRI). analysis of stand-alone sustainability reports using qualitative data analysis and interviews with key report producers. Findings The analysis identifies key issues that companies in selected sub-Saharan African countries are grappling within their contexts. There are significant barriers to reporting but institutional mechanisms, such as voluntary reporting frameworks, provide an important bridge between embedding informal norms and changes to regulatory requirements. These are important for the development of better governance and accountability mechanisms. Research limitations/implications Findings have important implications for policymakers and institutions such as GRI in terms of regulation, outreach and localised training. More broadly, global bodies such as GRI and IIRC in a developing country context may require more local knowledge and support. Limitations include limited data availability, particularly for interviews, which means that these results are preliminary and provide a basis for further work. Practical implications The findings of this paper contribute to the knowledge of sustainability reporting in this region, and provide some policy implications for firms, governments and regulators. Originality/value This paper is one of only a handful looking at the emerging phenomenon of sustainability reporting in sub-Saharan African countries.


2004 ◽  
Vol 31 (1) ◽  
pp. 33 ◽  
Author(s):  
Stephen Obeng Gyimah ◽  
Rajulton Fernando

This paper examines whether childhood deaths elicit an explicit, conscious and intentional fertility response using the 1998 Demographic and Health Survey data for Ghana and Kenya . Using multivariate hazard models, childhood mortality experience was found to have long term fertility implications beyond the short term physiological effects. In both countries, women who have experienced childhood mortality were found to have significantly higher number of additional children than those without. The death of the first child in particular was found to be associated with the risk of a higher order birth consistent with recent findings in Cameroon. The policy implications of the findings are discussed.


Author(s):  
Rebecca Tapscott

Although militias have received increasing scholarly attention, the concept itself remains contested by those who study it. Why? And how does this impact contemporary scholarship on political violence? To answer these questions, we can focus on the field of militia studies in post–Cold War sub-Saharan Africa, an area where militia studies have flourished in the past several decades. Virtually all scholars of militias in post–Cold War Africa describe militias as fluid and changing such that they defy easy definition. As a result, scholars offer complex descriptors that incorporate both descriptive and analytic elements, thereby offering nuanced explanations for the role of militias in violent conflict. Yet the ongoing tension between accurate description and analytic definition has also produced a body of literature that is diffuse and internally inconsistent, in which scholars employ conflicting definitions of militias, different data sources, and often incompatible methods of analysis. As a result, militia studies yield few externally valid comparative insights and have limited analytic power. The cumulative effect is a schizophrenic field in which one scholar’s militia is another’s rebel group, local police force, or common criminal. The resulting incoherence fragments scholarship on political violence and can have real-world policy implications. This is particularly true in high-stakes environments of armed conflict, where being labeled a “militia” can lead to financial support and backing in some circumstances or make one a target to be eliminated in others. To understand how militia studies has been sustained as a fragmented field, this article offers a new typology of definitional approaches. The typology shows that scholars use two main tools: offering a substantive claim as to what militias are or a negative claim based on what militias are not and piggy-backing on other concepts to either claim that militias are derivative of or distinct from them. These approaches illustrate how scholars combine descriptive and analytic approaches to produce definitions that sustain the field as fragmented and internally contradictory. Yet despite the contradictions that characterize the field, scholarship reveals a common commitment to using militias to understand the organization of (legitimate) violence. This article sketches a possible approach to organize the field of militia studies around the institutionalization of violence, such that militias would be understood as a product of the arrangement of violence. Such an approach would both allow studies of militias to place their ambiguity and fluidity at the center of analyses while offering a pathway forward for comparative studies.


Author(s):  
Fomba Louisette Naah ◽  
Aloysius Mom Njong ◽  
Jude Ndzifon Kimengsi

This paper examines the determinants and policy implications of active and healthy ageing in Sub-Saharan Africa, taking the case of Bamenda, in Cameroon. Specifically, the study sought to identify and explore the determinants of active and healthy ageing using a mixed-methods approach involving qualitative and quantitative data collection and analysis. Focus group discussions were conducted complemented by a survey (random and snowball sampling) using a structured questionnaire. Narratives and thematic analysis were used to analyze the data generated from the focus group discussion and Tobit regression was employed to analyze the multiple determinants of active ageing by dimensions and on a global scale in Cameroon. Results identified three key dimensions of active and healthy ageing: employment/livelihood options (EL), community support and health (CH) and housing and living in Bamenda (HL). The regression results reveal gender bias in active ageing, a non-effect of education and health on active ageing, and a positive effect of income on active and healthy ageing. This study contributes, among others, to the competence–environmental press theory on active ageing with regards to unbundling context specific determinants of active and healthy ageing. It equally derives policy considerations with regards to gender mainstreaming and the identification of age friendly income earning options to enhance the active and healthy ageing process.


Author(s):  
Conor M. O’Toole

AbstractThis paper considers the effect of financial liberalisation on access to investment finance using firm level data covering 48 developing and transition countries. An index is presented which measures financial market liberalisation along the following policy dimensions: directed lending, credit controls and reserve requirements, state control of banking, openness of international financial flows, banking market entry, prudential regulation and supervision and securities market development. Categorising firms as financially constrained across four measures, the results indicate that financial liberalisation is robustly associated with a reduction in the probability of being credit constrained, with the effect strongest for young, domestic private small and medium sized enterprises. For Sub-Saharan Africa, the results indicate that financial liberalisation actually increases financing constraints for firms. This may help explain the stylised fact that despite a commitment to financial reform, the predicted growth benefits have not been realised in this region.


2016 ◽  
Vol 41 (4) ◽  
pp. 469-487 ◽  
Author(s):  
Daniel K. Pryce

Focus groups help researchers obtain rich, experiential data in order to increase our sociological and psychological understanding of human interactions. In this study, I used qualitative data obtained from two focus groups, comprising 13 participants from the Ghanaian community, to understand Ghanaian immigrants’ personal experiences with and perceptions of the police in the United States. The rise in immigration from sub-Saharan Africa means that these immigrants’ views of and experiences with the police will become increasingly important to successful policing in local communities across the United States. The results of this study point to the need for U.S. police to employ procedural justice and distributive justice in their dealings with Ghanaian immigrants. These immigrants also believe that both their skin color and foreign accent pose a disadvantage when dealing with police. By addressing these concerns, the U.S. police would gain the trust and cooperation of the Ghanaian immigrant community. The policy implications of the findings are discussed.


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