scholarly journals THE IMPACTS OF POLITICAL REGIME AND GOVERNANCE ON GROWTH OF EAST AFRICAN ECONOMIES

2019 ◽  
pp. 231-239
Author(s):  
Issa Moh'd Hemed
Keyword(s):  
Economic Growth ◽  
East Africa ◽  
Fixed Effect Model ◽  
Political Regime ◽  
East African ◽  
African Countries ◽  
Effect Model ◽  
Democratic System ◽  
The Government ◽  
The Relationship

This paper examine which type of political regime is an appropriate to improve the economic growth in East Africa by investigate the relationship among governance, political regime and economic performance. The Fixed Effect Model (FEM) is estimated using panel data cover the period from 1996 to 2017. The findings of this study show that all indicators of governance have positive and significant impact on economic growth in East Africa. This result also reveals that under the democratic system, the effectiveness of government has strong effect on economic growth more than anocracy and autocracy. The coefficient of autocratic regime is negative and statistical significant which indicates that the efforts undertaken by the government in this region cannot be helpful to enhance economic growth if the country is extremely relies on autocracy as this system weaken the proper allocation of the country's resources. This study suggest that in order to have stable economic growth, the government should maintains peace and order, obeys the rule of law and observe the human rights so as to minimize the authoritarian system, revive the democratic regime, and improve the effectiveness of government towards remarkable economic growth and development in East Africa. KEYWORDS: Political regime, governance, economic growth, East African countries.

University of East Africa Conference on Public Policy: III. Problems of Foreign Aid

1964 ◽  
Vol 2 (4) ◽  
pp. 582-584
Author(s):  
Kenneth Christofas
Keyword(s):  
East Africa ◽  
Addis Ababa ◽  
Vice President ◽  
International Institute ◽  
International Affairs ◽  
East African ◽  
African Countries ◽  
United Nations Economic Commission ◽  
The Government ◽  
Overseas Development Institute

The chairman of the conference, who presided at the opening session, was Rashidi Kawawa, Second Vice-President ofthe United Republic of Tanzania. The conference was fortunate to have an East African Minister as discussion leader at each of its plenary sessions; and it was particularly valuable that the three Tanzania Ministers of State, A. Z. N. Swai, A. H. Jamal, and A. M. Babu, were able to devote so much time to participating in the work of the conference. Each of the three East African countries sent a strong team of Ministers, Members of Parliament, and civil servants; particularly notable contributions were made by J. G. Kiano, Minister for Commerce and Cooperatives in the Government of Kenya, and C. Obwangor, Minister for Justice for Uganda. The three wings of the University of East Africa were formidably represented; and there were observers from the United Nations Economic Commission for Africa (Addis Ababa), the Organisation for Economic Co-operation and Development (Paris), the Associated Chambers of Commerce and Industry of East Africa, the U.S.A.I.D., and the Ford Foundation, without whose financial generosity the conference could not have taken place. Finally, there was a selection of ‘specialists’ from overseas: Nicholas Kaldor from Cambridge, William Clark from the Overseas Development Institute in London, Vladimir Martynov from the Institute of World Economy and International Affairs in Moscow, George Skorov from the International Institute for Educational Planning in Paris, M. R. Shroff, Deputy Economic Adviser to the Government of India, whose contribution was generally regarded as quite outstanding, and myself, a sort of governmental wolf in academic sheep's clothing.

Prospects for East Africa in 2017

2016 ◽  
Keyword(s):  
Economic Growth ◽  
East Africa ◽  
Political Violence ◽  
East African ◽  
African Countries ◽  
Content Type

Subject Prospects for East Africa in 2017. Significance Political tensions that were eclipsed by relatively strong economic growth in several East African countries this year could overshadow 2017. Several countries head to the polls while others may need to manage an increasing chance of political violence.

scholarly journals Capital structure, firm value and managerial ownership: Evidence from East African countries

2021 ◽  
Vol 18 (1) ◽  
pp. 346-356
Author(s):  
Mishelle Doorasamy
Keyword(s):  
Capital Structure ◽  
East Africa ◽  
Firm Value ◽  
Negative Impact ◽  
Equity Capital ◽  
Managerial Ownership ◽  
East African ◽  
African Countries ◽  
Listed Firms ◽  
The Relationship

East African firms are experiencing economic growth and are attracting foreign investment in the form of equity capital and loans. However, there are concerns about whether the structure of the capital and managerial ownership of these firms can influence their growth. The study examined the relationship between capital structure and firm value in East African countries and how managerial ownership influences this relationship. Sixty-five (65) listed firms in East Africa were selected for the study. The study employed a GMM estimation technique. The evidence showed that leverage has a significantly negative impact on the value of firms in East Africa, suggesting that higher debt would result in a decrease of firm value. The implication of this result is that firms can increase their value by reducing their leverage level. Moreover, the study found that managerial ownership had an inverse and significant impact on the relationship between leverage and firm value. The conclusion is that leverage decreases the value of firms in East Africa. Another conclusion is that owner-managers can use debt capital more effectively to increase firm value than non-owner managers. The implication of this result is that firms managed by owners can borrow more for their operations because it would increase the value of the firms. This study is the first to examine how managerial ownership moderates the relationship between capital structure and the value of firms in East Africa, which has a unique political, social, cultural and economic environment.

scholarly journals Environmental regulation, Industrial structure upgrading and Economic growth in Beijing Tianjin Hebei region

2021 ◽  
Vol 235 ◽  
pp. 02021
Author(s):  
Menglu Li
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Panel Data ◽  
Environmental Regulation ◽  
Industrial Structure ◽  
Fixed Effect Model ◽  
Fixed Effect ◽  
Effect Model ◽  
The Relationship ◽  
Industrial Structure Upgrading

This paper selects the panel data of 13 cities in Beijing Tianjin Hebei region from 2008 to 2016, and uses the fixed effect model to study the relationship between environmental regulation, industrial structure upgrading and economic growth in Beijing Tianjin Hebei region. The results show that: strengthening environmental regulation can promote the upgrading of industrial structure in Beijing Tianjin Hebei region by reducing the emission of pollutants; the upgrading of industrial structure is conducive to promoting the economic development of Beijing Tianjin Hebei region.

scholarly journals Research on R&D Investment, Corporate Leverage and Firm Performance: Based on Chinese Manufacturing Industry

2021 ◽  
Vol 292 ◽  
pp. 02046
Author(s):  
Yuan Gao
Keyword(s):  
Manufacturing Industry ◽  
Fixed Effect Model ◽  
Moderating Effect ◽  
Industrial Transformation ◽  
Healthy Development ◽  
Effect Model ◽  
Chinese Manufacturing Industry ◽  
The Government ◽  
The Relationship ◽  
D Investment

With the development of science and technology, Chinese manufacturing industry is facing transformation and upgrading, and innovation is an important driving force to promote industrial transformation and upgrading. Therefore, based on the background of Chinese manufacturing transformation and upgrading, this paper uses fixed effect model to study the relationship between R & D investment and corporate performance, and the moderating effect of corporate leverage. The study finds that the greater the R & D investment of enterprises is, the better the performance of enterprises is. Meanwhile, the leverage of enterprises has a negative moderating effect on the relationship between R & D investment and enterprise performance. Therefore, enterprises should pay attention to their own R & D, reduce their debt levels, and promote the transformation and upgrading of enterprises. At the same time, the government should introduce corresponding preferential policies to encourage enterprises to carry out R & D and deleverage, in order to promote the healthy development of industrial economy.

scholarly journals THE EFFECT OF ECONOMIC GROWTH, UNEMPLOYMENT RATE AND HUMAN DEVELOPMENT ON POVERTY IN INDONESIA (Panel Model Approach in 4 Poorest Provinces)

d'CARTESIAN ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 1
Author(s):  
Ananto Wibowo ◽  
M. Rismawan Ridha
Keyword(s):  
Economic Growth ◽  
Human Development ◽  
Unemployment Rate ◽  
Fixed Effect Model ◽  
Poor People ◽  
Single Digit ◽  
Effect Model ◽  
Panel Data Regression ◽  
Negative Effect ◽  
The Government

The implementation of various policies in poverty alleviation in Indonesia has yielded good results. This condition is reflected by the downward trend in the percentage of poor people who reached a single digit in 2018. However, this has not much-changed the conditions in some of the poorest provinces such as Maluku, East Nusa Tenggara, West Papua, and Papua. This study aims to analyze the effect of Economic Growth, Unemployment Rate, and Human Development Index (HDI) on poverty in the four poorest provinces from 2011 to 2018. The research data sources from Statistics Indonesia (BPS) with the analytical tool used in estimating the panel data regression model is the Fixed Effect Model (FEM). The results show that economic growth and HDI have a negative effect on the poverty. In reverse, the Unemployment Rate has an insignificant effect. Based on the research results, the government advised coordinating with relevant stakeholders in formulating policies to increase welfare and purchasing power, improve the quality of education, and optimize health services in the four poorest provinces. 

Investor interest in East African oil may wane

2016 ◽  
Keyword(s):  
Economic Growth ◽  
East Africa ◽  
East African ◽  
African Countries ◽  
Content Type ◽  
Oil Development ◽  
Capital Intensive ◽  
Intensive Development ◽  
Development Prospects ◽  
Hydrocarbon Reserves

Subject East Africa oil development prospects. Significance The low price of oil is affecting the pace of exploration and development of new hydrocarbon reserves in East Africa; however, political considerations and infrastructure questions are also playing a role. Overcoming infrastructure hurdles and producing economically viable oil will be vital if hydrocarbon discoveries are to fuel economic growth in the region. Impacts Energy shortages will hamper East African countries' ambitious growth plans. Deferred investment in capital-intensive development projects will slow economic growth in regional states. Delayed gas export developments risk losing market share to quicker, cheaper projects. Resumption of hostilities in South Sudan could further damage oil output.

scholarly journals The Convergence of Macroeconomic Variables within the East Africa Community

2021 ◽  
pp. 13-28
Author(s):  
Michael Oloo ◽  
Mary Mbithi ◽  
Martine Oleche
Keyword(s):  
Developed Countries ◽  
Fixed Effect Model ◽  
East African ◽  
African Countries ◽  
Macroeconomic Policies ◽  
Macroeconomic Variables ◽  
Catching Up ◽  
Effect Model ◽  
Sigma Convergence ◽  
Beta Convergence

This study seeks to establish whether the East African Countries are realizing convergence in their macroeconomic policies as efforts are geared towards the establishment of an economic union and subsequently a monetary union in a bid to foster economic growth in the region. Five EACs were included in the analysis using panel data for the period 2008-2018. The methodology employed in the analysis involved; sigma convergence, beta convergence using fixed-effect model, and finally stochastic convergence was tested. The findings show that there is no evidence of macroeconomic convergence and the less developed countries are neither catching up with the relatively developed countries. The macroeconomic variables are also not showing a tendency to be moving the same direction as time goes by. Therefore, for the EACs to realize a common union, either economic or monetary, they need to formulate policies that will ensure that the member states adhere to the desired macroeconomic policies that would lead the region to convergence.

scholarly journals THE EFFECT OF POPULATION GROWTH AND TRADE OPENNESS ON ECONOMIC GROWTH OF THE OIC COUNTRIES

2021 ◽  
Vol 8 (5) ◽  
pp. 537
Author(s):  
Noor Syahro El Muharromy ◽  
Ilmiawan Auwalin
Keyword(s):  
Economic Growth ◽  
Population Growth ◽  
Exchange Rates ◽  
Trade Openness ◽  
Negative Relationship ◽  
Fixed Effect Model ◽  
Fixed Effect ◽  
Effect Model ◽  
Analysis Technique ◽  
The Government

ABSTRAKPertumbuhan ekonomi memegang peranan penting dalam menentukan keberhasilan pembangunan sebuah negara, oleh karena itu setiap negara selalu menetapkan target pertumbuhan ekonomi yang stabil dalam tujuan pembangunan. Dalam prosesnya pertumbuhan ekonomi dipengaruhi oleh berbagai factor yang dapat mendorong atau bahkan menghambat laju pertumbuhan. Penelitian ini bertujuan untuk menganalisis pertumbuhan penduduk, keterbukaan perdagangan, inflasi, nilai tukar dan investasi terhadap pertumbuhan ekonomi 40 negara anggota Organisasi Kerjasama Islam (OKI) pada tahun 2005-2019 menggunakan pendekatan kuantitatif dengan teknik analisis regresi data panel fixed effect model dan menggunakan aplikasi Eviews 11dalam mengelola data penelitian. Hasil penelitian ini menunjukkan bahwa variabel pertumbuhan penduduk dan nilai tukar memiliki hubungan signifikan dan negatif terhadap pertumbuhan ekonomi, sedangkan keterbukaan perdagangan dan investasi berpengaruh signifikan dan positif. Sedangkan investasi tidak berpengaruh signifikan pada pertumbuhan ekonomi di Negara OKI. Berdasarkan hasil penelitian ini pemerintah dan pihak terkait diharapkan dapat mengendalikan tingkat pertumbuhan penduduknya serta mendorong sektor perdagangan internasional untuk meningkatkan pertumbuhan ekonomi mengingat tingkat keterbukaan perdagangan di Negara OKI masih dibawah potensinya.Kata Kunci: Pertumbuhan Ekonomi, Pertumbuhan Penduduk, Keterbukaan Perdagangan, Organisasi Kerjasama Islam. ABSTRACTEconomic growth plays an important role in determining the success of a country's development; therefore, each country always sets a target for stable economic growth in its development goals. In the process, economic growth is influenced by various factors that can encourage or even hinder the growth rate. The purpose of this study is to analyze the effect of population growth, trade openness, inflation, exchange rates and investment on the economic growth of 40 member countries of the Organization of Islamic Cooperation (OIC) in 2005-2019 using a quantitative approach with a fixed effect model panel data regression analysis technique and using the Eviews application. 11 in managing research data. The results of this study indicate that the variables of population growth and exchange rates have a significant and negative relationship to economic growth, while trade openness and investment have a significant and positive effect. Meanwhile, investment has no significant effect on economic growth in the OIC Country. Based on the results of this study, the government and related parties are expected to control the rate of population growth and encourage the international trade sector to increase economic growth considering that the level of trade openness in the OIC is still below its potential.Keywords: Economic Growth, Population Growth, Trade Openness, Organization of Islamic Cooperation

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