Since 1994, South Africa has grappled with persistent poverty and inequality. In an effort to eradicate these social issues, the South African democratic government has implemented several policies. However, there has been little success. The advent…
This study explores the impact of trade policies on small and medium-sized enterprises (SMEs) in Windhoek, Namibia. Despite SMEs’ critical role in Namibia's economy, contributing significantly to employment and GDP, their high failure rates remain…
Climate change manifests itself in rising temperatures across the continent and affects the El Niño–Southern Oscillation (ENSO) by changing sea surface temperatures and atmospheric circulation. This affects precipitation and temperature patterns,…
Climate variability significantly impacts agricultural productivity, rendering risk management tools essential for stabilisation of yields and financial returns. The study aimed to evaluate the effectiveness of weather derivatives as a risk…
The purpose of this paper is to investigate the impact of real exchange rate (RER) changes on the growth rate of the agriculture, industrial, services, and extractive sectors. To this end, a panel autoregressive distributed lag (ARDL) model, for 19…
Many African countries continue to face economic challenges even though the continent has much potential for economic progress. Entrepreneurship and ICT are one of the key forces behind economic change. However, little is known about how…
The global economy has experienced numerous economic crises over the past two decades, from the global financial crisis to the COVID-19 pandemic, and the Russian-Ukraine war. These crises have had a severe impact on economies that have less…
This study attempts to assess the reaction of sectorial employment shares to real exchange rate (RER) changes in 19 emerging economies over the period 1992–2020. To this end, a panel autoregressive distributed lag (ARDL) model was used. First, our…
The finite nature of certain fossil fuels, which are essential inputs in production, imposes a substantial constraint on the economy's long-term growth potential. This paper develops an endogenous directed technical change model under uncertainty…
The impact of exchange rates is a significant concern affecting trade in the SADC region. This study’s purpose is to assess the threshold effects of exchange rates on agricultural exports from SA to SADC from 2010 to 2022. A panel threshold…