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1. The Linkage between Foreign Direct Investment and Intra-Regional Trade within ECOWAS

Author:
Eme Dada
Publication Date:
08-2019
Content Type:
Policy Brief
Institution:
African Economic Research Consortium (AERC)
Abstract:
The objective of this policy brief is to inform the Ministers of Trade and Investment of Economic Community of West African State (ECOWAS) countries about the importance of the linkage between Foreign Direct Investment (FDI) and trade for developing countries. FDI is considered an important means of promoting export of the host countries. This is true of inward FDI, which comes for efficiency reasons. Conversely, there is concern that large flows of outward FDI results in a decline in the host country’s exports and loss of jobs. This in turn assumes that the exports of the source country will fall as FDI substitutes for trade.
Topic:
Development, Economics, International Trade and Finance, Foreign Direct Investment, and Economic growth
Political Geography:
Africa, Liberia, Sierra Leone, Senegal, Mali, Guinea, Guinea-Bissau, Cape Verde, and Gambia

2. Exchange Rate, Petroleum Price and Price Determination in Sierra Leone

Author:
B.I.B. Kargbo
Publication Date:
01-2018
Content Type:
Working Paper
Institution:
African Economic Research Consortium (AERC)
Abstract:
The Sierra Leone economy is a net importer with a chronic negative balance of trade. Imports as a percentage of GDP averaged 40.8% between 2001 and 2010. Imports of food, mineral fuels and lubricants accounted for 50.8% of the total value of imports within the same period. Also, the value of the leone depreciated from Le 920.75 in 1996 to Le 4,000 in 2010 while inflation averaged 12.6% for the same period. As a result of the interplay of these forces, fuel prices are most times adjusted upwards to compensate for the depreciation of the leone against the dollar or to match up with increases in the world price of crude oil. This study determines the effects of monetary environment as well as exchange rate movement and petroleum prices on domestic prices in Sierra Leone by estimating a hybrid model of inflation in which inflation responds to its own lags, lags of other variables, and a set of error-correction terms that represent short run disequilibria from the money market, external sector and output that feed into the inflation process.The empirical results from the parsimonious model show that petroleum product prices and exchange rate, as well as monetary factors determine inflation in Sierra Leone.What is also significant from the findings is that the contribution of petroleum prices to domestic price formation is unfounded in the long run, meaning that it is only a short-run phenomenon. The results also support the view that a fair portion of fluctuations in domestic prices is driven by its own shocks.
Topic:
Development, Economics, International Trade and Finance, Monetary Policy, Economic growth, and Inflation
Political Geography:
Africa and Sierra Leone

3. Civil Society Engagement with Political Parties During Elections: Lessons from Ghana and Sierra Leone

Author:
Francis Kwakye Oppong, Franklin Oduro, Mohammed Awal, and Emmanuel Debrah
Publication Date:
12-2013
Content Type:
Working Paper
Institution:
Oxfam Publishing
Abstract:
Oxfam commissioned the Ghana Centre for Democratic Development (CDD-Ghana) to conduct a study into how civil society organizations (CSOs) can effectively engage with and/or influence political parties during election campaigns. The fundamental question underlying the study was: "What conditions and contexts facilitate the most effective mechanisms to advance long-term success by CSOs in influencing the political commitments and programmes of political parties during election campaigns?? The study aimed to contribute vital knowledge on this subject, about which there was very little pre-existing documentation, particularly concerning West Africa. The study was based on CSOs? experiences from the 2012 elections in Ghana and Sierra Leone.
Topic:
Civil Society, Democratization, Development, and Mass Media
Political Geography:
West Africa, Sierra Leone, and Ghana

4. The Security and Development Nexus: A Case Study of Sierra Leone, 2004-2006

Author:
Mark White
Publication Date:
10-2008
Content Type:
Working Paper
Institution:
Global Facilitation Network for Security Sector Reform
Abstract:
In my observations below, I will not focus on the individual successes within the Sierra Leonean security sector itself over the duration of the security sector reform (SSR) process. Instead, I will focus on the interconnections and disjuncture between security and development that occurred during my time in Sierra Leone. I will also attempt to demonstrate that whilst significant progress has been made since 1999 in ensuring that security and development are inter-related , there is still some way to go before they are fully integrated into either policy or programmatic practice.
Topic:
Security, Defense Policy, and Development
Political Geography:
Africa, United Kingdom, and Sierra Leone

5. Operation Pebu

Author:
Aldo Gaeta
Publication Date:
10-2008
Content Type:
Working Paper
Institution:
Global Facilitation Network for Security Sector Reform
Abstract:
This paper documents the history of Operation Pebu (Op PEBU) between April 2003 and March 2006. It is an overview of the progress and development of the project and does not attempt to document every change in contract between the Government of Sierra Leone (GoSL) and its contractors, nor those relating to contracts let by the United Kingdom (UK) Department for International Development (DfID). The focus of the narrative below is the construction of accommodation for soldiers of the Republic of Sierra Leone Armed Forces (RSLAF) and their families with which Op PEBU has become synonymous.
Topic:
Security and Development
Political Geography:
Africa, United Kingdom, and Sierra Leone