Second Conference for IGAD Economies Launched

Second Conference for IGAD Economies Launched

The promising insights of growth in the IGAD member states on the one hand and a range of problems and challenges that these members states face on the other hand necessitated to have a platform where researchers, policy makers, development practitioners discuss and scrutinize the challenges, and contribute to the development endeavors in the region. Recognizing the importance of such a platform, The Horn Economic and Social Policy Institute (HESPI) along with its partners have…
Do Tax Structures Optimize Private Fixed Investment in Sub-Saharan Africa?

Do Tax Structures Optimize Private Fixed Investment in Sub-Saharan Africa?

  The paper discovers a tax structure that optimizes Private Fixed Investments (PFI) in Sub-Saharan Africa (SSA). It applies Data Envelopment Analysis technique to drive a country-by-country and a year-on-year PFI efficiency scores (for each of the sampled 25 SSA countries, for 2001–12). The scores helped disintegrate observed PFI figures into tax-induced and non-tax-induced sub-components. Using the efficiency scores, potential PFI at existing tax structure are derived for each country-year pair. Gaps between actual and…
Effect of regional trade agreements on strategic agricultural trade in Africa and its implications to food security: Evidence From Gravity Model Estimation

Effect of regional trade agreements on strategic agricultural trade in Africa and its implications to food security: Evidence From Gravity Model Estimation

The problems of African agricultural development have been at the forefront of the debate on Africa’s development since the Lagos Plan of Action in 1963. During the 2004 AU meeting in Sirte, Libya and subsequently in the 2006 AU/NEPAD Summit on Food Security in Africa, concrete steps have been taken to work towards Common African Market on 12 selected strategic agricultural products. Eight regional trade agreements which are to form the building blocks of the…