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251. Investment Opportuntities in Mekelle, Tigray State, Ethiopia

Author:
Bryant Cannon
Publication Date:
12-2009
Content Type:
Working Paper
Institution:
Columbia Center on Sustainable Investment
Abstract:
Mekelle, a rapidly developing city in northern Ethiopia, is located about 780 km from the capital, Addis Ababa. Established nearly 150 years ago by Emperor Yohannes, the city is nestled in Ethiopia's temperate highlands, in the heart of a region that traces its origins back to the ancient Axum Empire that once controlled Red Sea trade (4th century BC – 10th century AD). The city maintains aproud history of many religions, particularly Orthodox Christianity, dating back to the 4th century AD. Mekelle was largely ignored in the latter half of the 20th century by Ethiopia's ruling feudal and socialist governments, but began to experience an economic and cultural rejuvenation with the election of a democratic government in Ethiopia in the early 1990s.
Topic:
Development, Economics, International Trade and Finance, and Foreign Direct Investment
Political Geography:
Africa and Ethiopia

252. A Copper-Bottomed Crisis? The Impact of the Global Economic Meltdown on Zambia

Author:
Duncan Green
Publication Date:
12-2009
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
At the time of independence in 1964 Zambia was a middle-income country and appeared set to develop into a prosperous nation. However, the combination of a tumultuous world economy and fiscal mismanagement led to rapid economic decline, which continued unabated into the 1980s and 1990s. Average economic growth from 1990–1999 was the lowest in the region, and unemployment and inflation soared resulting in per capita incomes 50% less in 1999 than they had been 25 years earlier.
Topic:
Economics, Globalization, International Trade and Finance, and Financial Crisis
Political Geography:
Africa

253. Fragile states and the international response: in pursuit of security or development?

Author:
Koen Vlassenroot
Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
In the pursuit of security and development in Africa, more and more reference is being made to the concept of fragile states. This paper explores the meaning of this concept and considers the attention that is being paid to it as a consequence of integrating security and development into the policy of the major donor countries. In an African context state fragility is a cause of numerous conflicts, but also a major focal point of peace processes and donor interventions. This paper is intended to be a warning against a too narrow focus on security in the process of combating fragility. It pleads for an integrated policy, based on the pursuit of sustainable development and emphasises the strengthening of the authority and power of the state and the promotion of local economic and social development.
Topic:
Conflict Resolution, Security, Political Violence, Development, Economics, and Fragile/Failed State
Political Geography:
Africa

254. Africa's Private Sector: What's Wrong with the Business Environment and What to Do About It

Author:
Vijaya Ramachandran, Manju Kedia Shah, and Alan Gelb
Publication Date:
03-2009
Content Type:
Policy Brief
Institution:
Center for Global Development
Abstract:
Why has the private sector failed to thrive in much of sub-Saharan Africa? Drawing on a unique set of enterprise surveys, we identify inadequate infrastructure (especially unreliable electricity and poor quality roads) and burdensome regulations as the biggest obstacles to doing business. We find as well that the private sector in many countries is dominated by ethnic minorities, which inhibits competition and lowers demand for a better business environment. Solutions include investing in infrastructure, providing risk guarantees, and reforming regulations to lower the cost of doing business, as well as increasing access to education for would-be entrepreneurs.
Topic:
Development, Economics, Emerging Markets, Globalization, and International Trade and Finance
Political Geography:
Africa

255. La langue amère des temps nouveaux : dynamique de la violence au Rwanda rural

Author:
Emmanuel Viret
Publication Date:
08-2009
Content Type:
Working Paper
Institution:
Centre d'Etudes et de Recherches Internationales
Abstract:
Dealing with the dynamics of rural violence under the multi-party transition (1991-1994), this paper suggests new points of view on the mobilization of Rwandan peasantry during the genocide (1994). Going through local archives and interviews held in the hills and in four prisons of the country, the analysis focuses on the increasing development of an economy of violence. The multi-party system incited competing rural elites to recruit a growing number of men and ruffians against other contenders in order to assure their access to power. Local elites (re)formed patron-client links previously dried by the spreading of money and wage incomes in the countryside. Particular attention is paid to the dimension of political entrepreneurship and to the relationship between social brokers and rural elites, in the course of the struggle between political parties as well as during the building of the Power coalitions which led the massacres locally.
Topic:
Political Violence, Democratization, Economics, and Genocide
Political Geography:
Africa

256. The Impact of the Doha Round on Kenya

Author:
Eduardo Zepeda, Mohamed Chemingui, Hedi Bchir, Christopher Onyango, and Bernadette Wanjala
Publication Date:
11-2009
Content Type:
Working Paper
Institution:
Carnegie Endowment for International Peace
Abstract:
As the first decade of the twenty- first century comes to an end, Kenya's economy is being confronted with a number of challenges that call for carefully crafted, well- informed policies. After fifteen years of stagnation—when the country witnessed zero increase in its gross domestic product (GDP) per capita and investment at levels below 20 percent of GDP—it has risen to become one of Africa's fast growing economies (see Arbache and Page 2008). Between 2004 and 2007, Kenya's economy showed signs of revitalization, and the average annual growth rate climbed above 5 percent, allowing Kenyans to finally enjoy an increase in GDP per capita. However, the political turmoil of 2008 slowed growth, and the current global financial and economic crisis has made it difficult to return to high growth rates. Thus, Kenya now faces shrinking export markets, rising protectionist measures worldwide, and meager financial flows.
Topic:
Agriculture, Economics, International Trade and Finance, and Treaties and Agreements
Political Geography:
Kenya and Africa

257. An assessment of crime related risks in the Sahel

Author:
Laurence Ammour
Publication Date:
11-2009
Content Type:
Working Paper
Institution:
NATO Defense College
Abstract:
The Sahel, a vast belt of land covering nine million square kilometers and encompassing ten countries, has always been a transit area for constant flows of people, trade, finance and religious groups. For the past twenty years, organized crime has had ample opportunity to develop here, either by using traditional networks or by taking over areas where there is no state control. It is also a region afflicted by perennial crises and weakened states, notwithstanding its undeniable strategic importance arising from its natural resources: oil, gold, phosphates, diamonds, copper, iron, coal, nickel, zinc, bauxite, uranium, plutonium, manganese, cobalt, silver, chrome and precious timbers.
Topic:
Crime, Economics, Natural Resources, and Fragile/Failed State
Political Geography:
Africa

258. South Africa's Post-Apartheid Two-Step: Social Demands versus Macro Stability

Author:
Brahima Coulibaly and Trevon Logan
Publication Date:
05-2009
Content Type:
Working Paper
Institution:
Board of Governors of the Federal Reserve System
Abstract:
During Apartheid, there was little need for redistributional policies or to borrow for public works since the vast majority of the population was underserved. With the arrival of a representative democracy in 1994, however, South Africa faced a unique problem-- providing new and improved public services for the majority of its citizens while at the same time ensuring that filling this void would not undermine macroeconomic stability. Over the past fifteen years, policy makers have achieved macrostability, but progress on social needs has been below expectations and South Africa continues to lag behind its peers. This paper reviews the progress made so far and examines the challenges ahead for the upcoming administration. Our analysis suggest an increase in skill formation as a possible solution to the policy dilemma of fullfilling the outsized social demands while maintaining macrostability.
Topic:
Apartheid, Economics, Political stability, and Welfare
Political Geography:
Africa, South Africa, and Southern Africa

259. Export Productivity and Specialization in China, Brazil, India and South Africa

Author:
Amelia U. Santos-Paulino
Publication Date:
03-2008
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
This paper analyses the patterns of export productivity and trade specialization profiles in the China, Brazil, India and South Africa, and in other regional groupings. In doing so, the investigation calculates a time varying export productivity measure using highly disaggregated product categories. The findings indicate that export productivity is mainly determined by real income and human capital endowments. Importantly, the study reveals significant differences in the export productivity and specialization patterns of countries with comparable per capita income levels. For instance, China's export productivity and implied export sophistication is in line with that of countries with higher per capita incomes, including some OECD industrial economies.
Topic:
Economics and International Trade and Finance
Political Geography:
Africa, China, India, Asia, South Africa, Brazil, and South America

260. Global Growth and Distribution: Are China and India Reshaping the World?

Author:
Dominique van der Mensbrugghe, Maurizio Bussolo, Rafael E. De Hoyos, and Denis Medvedev
Publication Date:
03-2008
Content Type:
Working Paper
Institution:
United Nations University
Abstract:
Over the past 20 years, aggregate measures of global inequality have changed little even if significant structural changes have been observed. High growth rates of China and India lifted millions out of poverty, while the stagnation in many African countries caused them to fall behind. Using the World Bank's LINKAGE global general equilibrium model and the newly developed Global Income Distribution Dynamics (GIDD) tool, this paper assesses the distribution and poverty effects of a scenario where these trends continue in the future. Even by anticipating a deceleration, growth in China and India is a key force behind the expected convergence of per capita incomes at the global level. Millions of Chinese and Indian consumers will enter into a rapidly emerging global middle class—a group of people who can afford, and demand access to, the standards of living previously reserved mainly for the residents of developed countries. Notwithstanding these positive developments, fast growth is often characterized by high urbanization and growing demand for skills, both of which result in a widening of income distribution within countries. These opposing distributional effects highlight the importance of analysing global disparities by taking into account—as the GIDD does—income dynamics between and within countries.
Topic:
Development, Economics, and Poverty
Political Geography:
Africa, China, India, and Asia