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Author: Ebrima K. Ceesay Publisher: GRIN Verlag ISBN: 3668649448 Category : Business & Economics Languages : en Pages : 40
Book Description
Research Paper (undergraduate) from the year 2017 in the subject Business economics - Trade and Distribution, grade: 76.0, University of The Gambia (University of the Gambia), course: Economics, language: English, abstract: The study examined the general impact of trade on economic growth in the Gambia from 1965 to 2016. Accordingly we have done three analyses in order to get appropriate answers to our research problems. We performed some econometric methods such as Augmented Dickey Fuller test, Johansen co-integration test and vector error correction model. The findings of the stationery test shows the present of unit root. The OLS regression results shows that import, interest rate, real effective exchange rate, and inflation are positively correlated with GDP, while export is negatively correlated with GDP. The result shows that GDP lag, import, and real effective exchange rate can not influence economic growth while export, interest rate, and inflation can highly influence economic growth of the Gambia, even though export negatively influence economic of the Gambia. This positive relationship suggests that the economy of the Gambia can potentially be expanded by means of trade, while the negative relationship means that it has no bearing on the economic growth of the Gambia, From the overall analysis, it is revealed that the variables included in the model have a 50% influence on economic growth while the remaining 50% constitute variables not included in the model. This implies that (a) Trade has an impact on economic growth of the Gambia. (b) Trade is a robust determinant of economic growth in the Gambia even though that there is still room for research on the impact of trade on economic growth in the Gambia. (c) The effect of trade and extent of the market on growth is a recurring issue in the world of economics. This study recommends that if the Gambia economic growth is to be increased, then policymakers should came up with strategies that encourage more imports, reduce interest rate, and maintain a stable exchange rate and inflation rate in the Gambia. The negative sign of export means policymakers should pay less attention to export.
Author: Ebrima K. Ceesay Publisher: GRIN Verlag ISBN: 3668649448 Category : Business & Economics Languages : en Pages : 40
Book Description
Research Paper (undergraduate) from the year 2017 in the subject Business economics - Trade and Distribution, grade: 76.0, University of The Gambia (University of the Gambia), course: Economics, language: English, abstract: The study examined the general impact of trade on economic growth in the Gambia from 1965 to 2016. Accordingly we have done three analyses in order to get appropriate answers to our research problems. We performed some econometric methods such as Augmented Dickey Fuller test, Johansen co-integration test and vector error correction model. The findings of the stationery test shows the present of unit root. The OLS regression results shows that import, interest rate, real effective exchange rate, and inflation are positively correlated with GDP, while export is negatively correlated with GDP. The result shows that GDP lag, import, and real effective exchange rate can not influence economic growth while export, interest rate, and inflation can highly influence economic growth of the Gambia, even though export negatively influence economic of the Gambia. This positive relationship suggests that the economy of the Gambia can potentially be expanded by means of trade, while the negative relationship means that it has no bearing on the economic growth of the Gambia, From the overall analysis, it is revealed that the variables included in the model have a 50% influence on economic growth while the remaining 50% constitute variables not included in the model. This implies that (a) Trade has an impact on economic growth of the Gambia. (b) Trade is a robust determinant of economic growth in the Gambia even though that there is still room for research on the impact of trade on economic growth in the Gambia. (c) The effect of trade and extent of the market on growth is a recurring issue in the world of economics. This study recommends that if the Gambia economic growth is to be increased, then policymakers should came up with strategies that encourage more imports, reduce interest rate, and maintain a stable exchange rate and inflation rate in the Gambia. The negative sign of export means policymakers should pay less attention to export.
Author: Mr.Michael T. Hadjimichael Publisher: International Monetary Fund ISBN: 9781557752307 Category : Business & Economics Languages : en Pages : 58
Book Description
The Gambia, one of the least developed countries in Africa, has been pursuing corrective economic policies since 1985, aimed at restroing financial stability and laying the basis for strong and sustainable economic growth. Supported by IMF policy advice and financing. The Gambia's economic performance has improved considerably since 1985. This study discusses Gambian adjustment policies and their benefits.
Author: Bouet, Antoine Publisher: Intl Food Policy Res Inst ISBN: Category : Political Science Languages : en Pages : 56
Book Description
Informal cross-border trade (ICBT) represents a prominent phenomenon in Africa. Several studies suggest that for certain products and countries, the value of informal trade may meet or even exceed the value of formal trade. This paper provides a review of existing efforts to measure informal trade. We list 18 initiatives aimed at measuring ICBT in Africa. The paper also summarizes discussions conducted with many stakeholders in Africa between December 2016 and May 2018 regarding the measurement, the determinants, and the implications of ICBT. The methodologies used to measure ICBT in Africa differ widely, but they do confirm that informal trade in Africa is both sizeable and volatile. Both evidence on the determinants of ICBT and discussions with stakeholders suggest that policies should aim to reduce the existing costs associated with formal trade and provide positive incentives for traders and producers to move into the formal economy in order to avoid the loss of economic potential stemming from informal trade.
Author: Christian Beddies Publisher: ISBN: Category : Languages : en Pages : 32
Book Description
This paper considers the potential variables that have determined economic growth in The Gambia during 1964-98. The results indicate that The Gambia`s aggregate production function exhibits increasing returns to scale, thus supporting the endogenous growth-type model. The impact of private investment and thus private capital accumulation on output is large and significant. Furthermore, increases in public investment boost output substantially. Finally, the effects associated with human capital accumulation are positive and statistically significant. The paper also estimates a series on total factor productivity growth that indicates that The Gambia was able to use its resources more efficiently.
Author: Abdallah Alami Publisher: ISBN: Category : Languages : en Pages :
Book Description
This thesis analyzes the presence and impact of Chinese fishing companies in the West African country of The Gambia. The presence of the Chinese companies have resulted in drastic changes in the country's fisheries industry where they have a comparative advantage due to their geographic location. Through interviews conducted with Gambian officials in the Ministry of Fisheries and Water Resources, and members of the fishing community (both fishermen and merchants), I conclude that the Chinese presence is a trade-off between the Gambian government and the Chinese investors. It is positive because they are engaged in a beneficial partnership with the Gambian government where both sides can have long term benefits to their economic systems, and also negative because it has outcasted the older and less educated sect of the fishing community who cannot advance with the swiftly evolving and modernized fisheries industry of The Gambia. The Chinese presence in the Gambia and the rest of Africa has gained a lot of scrutiny due to the belief that their presence is a form of neocolonialism. The case of the Gambian fishing industry, however, reveals a different narrative. Chinese companies are aiding in the development of a major source of future economic growth for a developing nation, and they are operating under the regulations and guidelines set forth by the Gambian government. To sum it up, The Gambia is facilitating the creative destruction of their fisheries industry in order to gain long term economic strength and independence in the foreign trade market.
Author: Mohamed Abdel Rahim Mohamed Salih Publisher: International Books ISBN: Category : Business & Economics Languages : en Pages : 240
Book Description
Written by a select group of African academics, policy makers, researchers, and experts from various social and economic science disciplines, this study provides provocative insights and case studies on the role information plays in African development. Up-to-date research and analysis on the impact of various forms of information on the development process is presented, including e-economic development and its impact on economic growth. Calling for greater attention to be paid to information as a key player in national economic development, this exploration of African economics cites the advantages of better statistical data and geographic information for more effective economic planning, management, and forecasting in a digital era.
Author: Publisher: World Bank Publications ISBN: 9780821357477 Category : Business & Economics Languages : en Pages : 186
Book Description
This annual publication analyses the global and national dimensions of the investment climate for developing countries, in terms of the policy and institutional environment. This edition examines the growth of regional trade agreements, which have risen eight-fold in two decades with currently, as much as 40 percent of global trade taking place among countries that have some form of reciprocal regional trade agreement. Issues discussed include: regional trading trends; effects of regional agreements on trade creation, trade facilitation and services, investment, intellectual property rights, and labour mobility; whether the proliferation of agreements poses risks for multilateral trading system, and if so, options for managing them. The report finds that agreements leading to open regionalism (that is, deeper integration of trade as a result of low external tariffs, increased services competition, and efforts to reduce cross-border and customs delays costs) are effective as part of a larger trade strategy to promote growth. Although regional agreements can prove beneficial to member countries, they can have adverse effects on excluded countries, and the lowering of border barriers around the world is crucial to minimising these effects. The completion of the Doha Development Agenda by all WTO countries will reduce the risk of trade diversion associated with regional agreements and will decrease trade losses of countries excluded from agreements.
Author: Ebrima K. Ceesay
Author: Ebrima K. Ceesay
Author: Mr.Michael T. Hadjimichael
Author: 紀艾柳
Author: Madi Kambai
Author: Bouet, Antoine
Author: Christian Beddies
Author: Abdallah Alami
Author: Gambia. Central Statistics Department
Author: Mohamed Abdel Rahim Mohamed Salih
Author: