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This book provides an empirical analysis of economic and political structures impacting the CFA franc zone. Concise and practical chapters explore the history of the CFA franc zone, challenges to development, geopolitical issues, the importance of flexible exchanges rates, growth trends, and the impact of the Covid crisis. Policy reform is examined to detail economic approaches that could reduce poverty and increase the quality of life within the area. This book aims to present a macroeconomic and exchange rate framework to promote development and post-Covid recovery within the CFA franc zone. It will be of interest to students, researchers, and policymakers involved in African economics, the political economy, and development economics.
This book provides an empirical analysis of economic and political structures impacting the CFA franc zone. Concise and practical chapters explore the history of the CFA franc zone, challenges to development, geopolitical issues, the importance of flexible exchanges rates, growth trends, and the impact of the Covid crisis. Policy reform is examined to detail economic approaches that could reduce poverty and increase the quality of life within the area. This book aims to present a macroeconomic and exchange rate framework to promote development and post-Covid recovery within the CFA franc zone. It will be of interest to students, researchers, and policymakers involved in African economics, the political economy, and development economics.
This book is a journey through leading and incredibly diverse emerging markets in a world of shocks and transitions. Tracing the rise of China, the emergence of India, the changing fortunes in Brazil, Argentina, and Mexico, the unique developments in Turkey and Indonesia, the complex geopolitics in Russia and Saudi Arabia, and the challenging post-apartheid transition in South Africa, the study examines their varying prospects in the years to come.  Using an innovative analytical approach and rich empirics, the book delves into topics ranging from macroeconomics to human development, institutions to climate change. It provides a strategic roadmap of reform for these economies to escape the middle-income trap. It argues that in a world where advanced economies are defined by slowdown, growing trade blocs, changing demographics, and the rise of renewable technologies, emerging markets will continue to play a significant but complex role in the twenty-first century. Â
Despite widespread agreement among economists that labor-intensive manufacturing has contributed mightily to rapid development in China and other fast-growing economies, most developing countries have had little success in raising the share of manufacturing in production, employment, or exports. Tales from the Development Frontier recounts efforts to establish light manufacturing clusters in several Asian and African countries, looking in particular at China. A companion volume to Light Manufacturing in Africa which laid out a strategy for injecting new industrial growth nodes into African economies Tales from the Development Frontier focuses on the six main binding constraints to competitiveness that nascent light manufacturing industries must overcome in developing countries: the availability, cost, and quality of inputs; access to industrial land; access to finance; trade logistics; entrepreneurial capabilities, both technical and managerial; and worker skills. The volume systematically explores potential growth opportunities in light manufacturing in a carefully selected subset of industries: agribusiness, apparel, leather goods, wood-working, and metal products. It specifies the constraints that need to be addressed before local and international entrepreneurs can take advantage of the latent comparative advantage available to many low-income economies in the target industries. It also proposes policies to ease the constraints policies that can open the door to rapid increases in industrial output, employment, productivity, and exports. The outcomes described in this volume include both inspiring successes and miserable failures in addressing the binding constraints in the identified sectors. These examples reveal how and why industrial development efforts in poor countries where, by definition, underlying conditions are far from ideal can accelerate growth. Most of the firms described in a series of case studies started from a very simple and modest base in an environment full of seemingly insurmountable obstacles. With its rich array of new material, this book will support the ongoing research of policy analysts focused on China and other developing countries. Above all, the volume aims to embolden business entrepreneurs and government officials in low-income countries to pursue newly emerging opportunities to expand and accelerate the growth of light manufacturing in their home economies."
Study was conducted to evaluate the effect of temperature, light, salinity, drought stress, field capacity, pH and sowing depth on germination of Carthamus oxyacantha M. Bieb. All experiments were laid out in completely randomized design each with four replications. Data were recorded for 15 days on parameter like germination percentage, time to start germination, time to 50% germination, mean germination time and germination index. Mean germination time and germination index were significant in both salinity and drought stress, except time to start germination and time to 50% germination which were non significant. Increasing field capacity from 0 to 100% increase emergence percentage, time to start emergence, time to 50% emergence, mean emergence time and emergence index. Maximum germination was occurred at neutral pH 7. Emergence decreased with increase in sowing depth with maximum seed grown (72.50%) at soil surface 0 cm and minimum (35.00%) at 6cm.
The MATERIALS EMPLOYED in the present research investigations were a field-grown crop of cotton and 4 different spray schedules. The TRIALS were, however, laid out at the Ayub Agricultural Research Institute, (AARI), Faisalabad in a Randomized Complete Block Design (RCBD) and there were, thus, five treatments including a control, having three repeats each. The SPRAY MATERIALS were prepared on V/V basis, and sprayed over to the crop at an interval of fortnight starting from August, 2010 by means of a Solo-Knapsack sprayer. The various observations on the population of cotton jassid during the trials were kept on being taken continuously throughout the test season. The data on the population of jassid, from each plot were recorded early in the morning one, two, three and seven days after the application of the insecticides, from five plants, selected at random. For this purpose, one leaf each from the upper portion, from the middle portion and from lower portion, were observed for jassid population, till five plants were completed. The population data were, however, finally presented in the form of mean values separately for each repeat of the various test treatments.
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