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…
Historical experience suggests that improving employment and working conditions is not achievable without structural transformations in the economy. Through these transformations, surplus labor in informal sectors and activities can be moved to…
AbstractThis study examines the impact of exports, imports, and trade openness on Namibia’s economic growth using the ARDL cointegration method. The results reveal a significant negative relationship between imports and economic growth, while…
Rural youth are an important yet underutilised resource for agricultural growth and economic development in Sub-Saharan Africa (SSA). In rural areas, the prevalence of vulnerable, low-quality jobs constitutes the main labour market challenge. The…
Executive Summary
Mauritius had its first three COVID-19 cases on 18 March 2020 and the island was under "sanitary" lockdown for two weeks. From 24 to 31 March, the country went under complete lockdown with only essential services being…
The short article provides a review of the Economy for the year 2019-2020 and also discusses the challenges ahead