Market Structure and Domestic Financial Liberalization in Sub-Saharan Africa

Exports, Trade Liberalization and Economic Growth in Sub-Saharan Africa

Financial liberalization, market structure and credit penetration

This paper shows that the effects of financial liberalization on the credit market of a small and capital constrained economy depend on the market structure of domestic banks prior to liberalization. Specifically, under perfect competition in the domestic credit market prior to liberalization, liberalization leads to lower domestic interest rates, in turn leading to increased credit penetration...

Can Trade Liberalization Stimulate Export Performance in Sub-Saharan Africa?

This study examines the response of merchandise export to real exchange rate-based trade liberalization in Sub-Saharan Africa between 1980 and 2005. This is because the last two decades have witnessed a significant fall in trade barriers across many SSA countries in an attempt to boost exports and foster economic growth. The panel least squares estimation technique was adopted for the study. In...

Trade Liberalization in Sub-Saharan Africa: Stagnation or Growth?

This paper argues that the greater the liberalization of imports in a Sub-Saharan African country, the more significant is the decline in its rate of growth due to the recession in high income economies during the late eighties and early nineties. This could be explained by the fact that when industrial countries are suffering from recession, the terms of trade may move in favor of developing c...

A New Generation of Physicians in Sub-Saharan Africa?; Comment on “Non-physician Clinicians in Sub-Saharan Africa and the Evolving Role of Physicians”

This commentary follows up on an editorial by Eyal and colleagues in which these authors discuss the implications of the emergence of non-physician clinicians (NPCs) on the health labour market for the education of medical doctors. We generally agree with those authors and we want to stress the importance of clarifying the terminology to describe these practitioners and of defining more formall...