nep-afr New Economics Papers
on Africa
Issue of 2005‒07‒25
three papers chosen by
Suzanne McCoskey
Foreign Service Institute, U.S. Department of State

  1. THE GROWING THREAT OF GLOBAL POVERTY: The Case of Africa By Ingo Böbel
  2. Choice of Monetary and Exchange Regimes in ECOWAS: An Optimum Currency Area Analysis By Chantal Dupasquier; Patrick N. Osakwe; Shandre M. Thangavelu
  3. Accounting And Forms Of Accountability In Ancient Civilizations: Mesopotamia And Ancient Egypt By SALVADOR CARMONA

  1. By: Ingo Böbel (International University of Monaco)
    Abstract: The goal is to try to give inputs on a global problem: eradicating poverty on a global scale. That is, to find evidence and discuss complex problems regarding cronic poverty, a major source of instability in our world today, and to put forward what could be some possible solutions. The aim of this endeavour is to further sensitize public opinion to a major, chronic and exponential problem that is affecting an increasing number of the population world wide. The focus is on (sub-Saharan) Africa and its (past and present) problems. Sub-Saharan Africa is the region which has the greatest percentage of its population in poverty and also the greatest depth of poverty. Questions that will be explored and addressed are, among others, related to agriculture, water management, education, health, the role of woman in society, and especially micro credits and micro lending – all questions related to how the threat of global poverty can be averted, and how the world can be shaped for the benefit of future generations.
    Keywords: Poverty, Africa, Millenium Development Goals (MDG)
    JEL: O P
    Date: 2005–07–17
  2. By: Chantal Dupasquier (UN Economic Commission for Africa); Patrick N. Osakwe (UN Economic Commission for Africa); Shandre M. Thangavelu (Department of Economics, National University of Singapore)
    Abstract: There are plans by five West African countries to establish a second monetary zone in the sub-region by December 2009. In this paper we ask whether a monetary union is the appropriate exchange rate regime for the sub-region based on economic criteria. We address the issue using a rigorous theoretical framework that captures the crucial trade-off between the savings in transaction costs, resulting from a common currency, and the macroeconomic stabilization benefits of a flexible exchange rate regime. The main result is that a flexible exchange rate regime dominates a monetary union in the ECOWAS subregion.
    Keywords: Exchange rates; Regimes; Welfare; Transaction costs; West Africa
    JEL: E52 F33 F41
  3. By: SALVADOR CARMONA (Instituto de Empresa)
    Abstract: The aim of this paper is to identify the relevance and implications of ancient accounting practices to the contemporary theorizing of accounting. The paper provides a synthesis of the literature on ancient accounting particularly in relation to issues of human accountability, identifies its major achievements and outlines some of the key challenges facing researchers. We argue that far from being an idiosyncratic research field of marginal interest, research in ancient accounting is a rich and promising undertaking. The paper concludes by considering a number of implications of ancient accounting practices for the theorizing of accounting and identifies news avenues for future research.
    Date: 2005–05

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