Performance of the economy of any country is largely dependent on the performance of its banking sector. Since, banking sector constitutes a major component of the financial service sector. Soundness of the banking sector is essential for a healthy and vibrant economy. The efficiency,...

A combination of higher oil production as well as higher oil prices is creating oil revenue windfalls for some Sub Saharan African countries. If well managed, these revenues have the potential to reduce poverty and bridge the development gap; if not they could lead to Dutch disease and an...

This paper presents a brief overview of Angola’s international trade and the prospects for diversification on the export side as well as reactivation of traded goods production to replace the current near total reliance on imports for all consumer and producer goods. It is striking that trade...

While trade liberalization was perhaps the archetype disagreement on development strategy in the 1980s and 1990s, in the 1990s and 2000s this role has been taken over by water privatization and the passions it arouses. What are the underlying reasons for disagreements on water, among those who...

Angola is more dependent on oil than any other country in Sub Saharan Africa and most other countries as well, apart from a handful of OPEC members. Contributing half or more of GDP, oil revenues condition and distort every other macroeconomic variable in the country, a situation that has...

Agriculture is one of the major branches of the economy in Nigeria, the most populous country in Africa. It employs around 70% of the population and its contribution to the national GDP ranges around 45% (2012). In spite of the fact that most of the area is arable the majority of food, the...

A hedonic cost function is used to isolate the O&M costs for water treatments. For small systems, costs are substantial for some technologies, but not for others. Financial burdens may still be substantial for small systems; rural systems have some cost advantage given input costs relative to...

A mathematical programming model of a representative New York dairy farm is developed to identify optimal management adjustments to increased availability of corn distillers dried grains with solubles (DDGS). While at current prices DDGS feeding is limited to dry cows and young stock, as prices...

We show how leakage differs, depending on the biofuel policy and market conditions. Carbon leakage is shown to have two components: a market leakage effect and an emissions savings effect. We also distinguish domestic and international leakage. International leakage is always positive, but...