East African Economic Review
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The East African Community
Author | : Ms.Catherine McAuliffe |
Publisher | : International Monetary Fund |
Total Pages | : 55 |
Release | : 2012-11-14 |
Genre | : Business & Economics |
ISBN | : 1475586310 |
The East African Community (EAC) has been among the fastest growing regions in sub-Saharan Africa in the past decade or so. Nonetheless, the recent growth path will not be enough to achieve middle-income status and substantial poverty reduction by the end of the decade—the ambition of most countries in the region. This paper builds on methodologies established in the growth literature to identify a group of countries that achieved growth accelerations and sustained growth to use as benchmarks to evaluate the prospects, and potential constraints, for EAC countries to translate their recent growth upturn into sustained high growth. We find that EAC countries compare favorably to the group of sustained growth countries—macroeconomic and government stability, favorable business climate, and strong institutions—but important differences remain. EAC countries have a smaller share of exports, lower degree of financial deepening, lower levels of domestic savings, higher reliance on donor aid, and limited physical infrastructure and human capital. Policy choices to address some of these shortcomings could make a difference in whether the EAC follows the path of sustained growth or follows other countries where growth upturns later fizzled out.
East African Hip Hop
Author | : Mwenda Ntarangwi |
Publisher | : University of Illinois Press |
Total Pages | : 178 |
Release | : 2009 |
Genre | : Adolescent psychology |
ISBN | : 0252076532 |
Hip hop music that empowers and engages youth in East Africa
Measuring Food Security Using Household Expenditure Surveys
Author | : Lisa C. Smith |
Publisher | : Intl Food Policy Res Inst |
Total Pages | : 157 |
Release | : 2007-01-01 |
Genre | : Social Science |
ISBN | : 0896297675 |
East African Community Law
Author | : Emmanuel Ugirashebuja |
Publisher | : BRILL |
Total Pages | : 553 |
Release | : 2017-03-06 |
Genre | : Law |
ISBN | : 9004322078 |
East African Community Law provides a comprehensive and open-access text book on EAC law. Written by leading experts, including the president of the EACJ, national judges, academics and practitioners, it provides the most complete overview to date of this increasingly important field. Uniquely, the book also provides a systematic comparison with EU law. EU companion chapters provide concise overviews of EU law and its development, offering valuable inspiration for the application and further development of EAC law. The book has been written for all practitioners, judges, civil servants, academics and students faced with questions of EAC law. It discusses institutional, substantive and jurisdictional issues, including the nature of EAC law, free movement and competition law as well as the reception of EAC law in Partner States.
Monetary Transmission Mechanism in the East African Community
Author | : Mr.Hamid Reza Davoodi |
Publisher | : International Monetary Fund |
Total Pages | : 59 |
Release | : 2013-02-06 |
Genre | : Business & Economics |
ISBN | : 1475553498 |
Do changes in monetary policy affect inflation and output in the East African Community (EAC)? We find that (i) Monetary Transmission Mechanism (MTM) tends to be generally weak when using standard statistical inferences, but somewhat strong when using non-standard inference methods; (ii) when MTM is present, the precise transmission channels and their importance differ across countries; and (iii) reserve money and the policy rate, two frequently used instruments of monetary policy, sometimes move in directions that exert offsetting expansionary and contractionary effects on inflation—posing challenges to harmonization of monetary policies across the EAC and transition to a future East African Monetary Union. The paper offers some suggestions for strengthening the MTM in the EAC.