Search

Begin New Search Content Type Policy Brief Publication Year within 25 Years Publication Year within 5 Years

1271. Rethinking EU economic governance: The European Semester

Author:
Frederico Mollet
Publication Date:
12-2021
Content Type:
Policy Brief
Institution:
European Policy Centre (EPC)
Abstract:
In the debates over the future of the EU’s economic governance, the reform of the Stability and Growth Pact (SGP) usually takes centre stage. But the European Semester – the framework governing economic policy coordination and country surveillance – is also critical. Reforming and strengthening it is vital given the multiple challenges the EU faces, from the twin green and digital transitions to implementing the Recovery and Resilience Facility (RRF) and tackling the macroeconomic and structural scars left by COVID-19. This Policy Brief, the second in a series of EPC papers that reassess the EU's economic governance policies, sets out proposals for reforming the European Semester across three strands: (i) integrating the RRF into the Semester; (ii) drawing on the positive lessons of the RRF process; and (iii) improving the effectiveness of cross-cutting policy coordination and the Macroeconomic Imbalances Procedure (MIP).
Topic:
Governance, European Union, Economy, COVID-19, and Economic Recovery
Political Geography:
Europe

1272. The Proliferation Of Informal Housing In Major Cities In Cameroon: Evidence, Drivers And The Way Forward

Author:
Dr. Louis-Marie Kakdeu and Egoh Aziz
Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
The proliferation of informal settlements in Cameroon is problematic. A range of factors explain why this is becoming recurrent. Some of these factors include a deficit of housing supply, unaffordability issues, critical market factors, weak legal and institutional systems, and the socio-economic conditions of the country. This article focuses on the roots of Cameroon’s informal housing crisis. Reviewing the literature on the topic, we provide the context of the problem in Cameroon by pointing out some evidence and magnitude of the issue and probe into some historical facts on housing. We then explore some of the negative conduits to the housing problem and propose key recommendations to the government that can help improve the situation. We used the content analysis method in collecting data.
Topic:
Economics, Governance, Regulation, Housing, and Real Estate
Political Geography:
Cameroon

1273. Overcoming The Challenge Of Fiscal Transition In Cameroon

Publication Date:
01-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
On 16 November 2020, Cameroon’s government published the 2030 National Development 2020- Strategy (SND30), which operationalises the second phase of the emergence vision for 2035. This 10-year plan aims to implement favourable conditions for sustainable economic growth and an accumulation of national wealth through structural changes essential for industrialisation. The strategic objectives to be achieved can be summarised as follows: achieve approximately a double-digit economic growth attain the 25% threshold as the share of manufacturing production in GDP reduce poverty to less than 10% in 2035 consolidate the democratic process and strengthen national unity while respecting the diversity that characterises the country To achieve these clearly defined objectives, public authorities must increase their efforts to encourage local production. In other words, local producers need to be supported and supervised by being rewarded with a package of tax relief measures. The challenge is to promote the “made in Cameroon” and progressively reduce the dependence on manufactured products’ imports.
Topic:
Economics, Economic Growth, Tax Systems, and Fiscal Policy
Political Geography:
Africa and Cameroon

1274. Obtaining Construction Permits In Cameroon: Dealing With The Law

Author:
Dinga Tambi and Henri Kouam
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
Infrastructure is a prerequisite for economic development. It forms the backdrop of sustained economic progress, creates employment opportunities and improves citizens’ quality of life. To this end, the World Bank created the “Doing Business Index” to measure the performance of countries. Admittedly, construction permits comprise a sub-category of the overall index where Cameroon ranks from 166th in 2019 to 167th in 2020. This article looks at current legislation for obtaining construction permits, the various parties involved and the implications for Cameroon’s economic development.
Topic:
Infrastructure, World Bank, Business, and Economic Development
Political Geography:
Africa and Cameroon

1275. Assessing The Mechanism Of The Issuance Of Construction Permits In Cameroon

Author:
Jean-Cedric Kouam
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
The building permit is a preliminary declaration that allows for the verification of a construction initiative in a given locality, in line with the respect of town planning and architectural rules in force. In Cameroon, this document issued by the local council authority is mandatory for any possible new construction or modification of an existing construction. Therefore, any construction without an official permit is liable to a penalty of 30% of the estimated cost of the building. According to Law No.2004/003 of April 21, 2004 governing the Cameroonian Urban Planning Code and the decree of 23 April 2008; the process of obtaining this document has been considerably shortened. Yet, it remains quite complex. This complexity is evident in the plurality of procedures, requirements, norms, offices, conditions, actors, documents, and stakeholders involved in the process. All these are accompanied by the heavy financial burden, time-consuming processes, boycotts, administrative bottlenecks and corruption; all of which lead to unorganized and slow urban development. Moreover, within this complexity, is the reality that such mechanisms differ from one place to another across the national territory; thereby creating some sought of uncertainty, non-uniformity, and lack of trust in the system. The improvement in the issuance mechanism of Construction Permits in Cameroon is very vital for a country that has the ambition to achieve its economic emergence by 2035.
Topic:
Infrastructure, Regulation, Business, and Economic Development
Political Geography:
Africa and Cameroon

1276. The Promise Of Digital Health In Africa

Author:
Odette Kibu, Dr. Asahngwa Constantine, Wilfred Ngwa, Charlotte Bongfen, Ronald Gobina, Nkengafac Fobellah, and Denis Foretia
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
Digital Health holds enormous potential to improving access to health care services. It has been well documented that the African health sector is facing challenges in the delivery of high quality healthcare both in terms of development of high quality programs and also in increasing access to health care services. Despite decades of foreign assistance, few countries in the region are able to spend even the $34-$40 per person per year that the World Health Organization (WHO) considers the minimum necessary to provide a population with basic health care. In spite of the billions of dollars of international aid dispensed, an astonishing 50 percent of Sub-Saharan Africa’s total health expenditure is financed by out-of-pocket payments from its largely impoverished population. Interventions that aim at increasing access to high quality healthcare in a cost effective way have the potential to greatly transform the health sector. Digital healthcare technology stands out in the 21st century as a major game changer for the health sector and the African continent is well positioned to benefit greatly since technology can help tackle the rising burden of disease and major obstacles in infrastructure and the environment.
Topic:
Science and Technology, World Health Organization, Health Care Policy, Digital Policy, and Global Health
Political Geography:
Africa, Cameroon, and Sub-Saharan Africa

1277. Market Research: A Key Determinant Of Success For SME Start-Ups In Cameroon

Author:
Dinga Tambi and Dr. Fuein Vera Kum
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
Small and Medium-sized Enterprises (SMEs) are regarded as vectors for job and wealth creation throughout the world. They contribute to generating growth as well as redistributing wealth in both developed and developing countries [1]. In Cameroon, SMEs constitute 95% of the country’s economy and also helps in job creation especially among the youths [2]. This, to a greater extent, means that their successes or failures have significant implications for economic growth. To be successful, and to stand out as a pillar of national growth in the country, SMEs need to invest in essential practices that nurture a high level of mastery of the contextual factors that foster their growth. They also need to demonstrate an understanding of factors that may impede the growth trajectory they require to be the drivers of economic growth which they represent. Hence, it becomes imperative for SMEs to invest in market research. This will help them to grow and develop sustainably and not quickly go out of business. Market research is a fundamental determinant for the success and growth of SMEs. However, this is not always the case in Cameroon as most local investors fail to carry out market research before their establishment and in the course of their operations that can help them grow sustainably. Most SMEs in Cameroon do not survive after the incubation phase. According to business and finance experts, this happens due to the absence of market research and the inability of these enterprises to create a specialized market for themselves and their products [3].
Topic:
Business and Economic Development
Political Geography:
Africa and Cameroon

1278. The Concept Of Africapitalism And The Role Of The Private Sector In Africa’s Socio-Economic Development

Author:
Dinga Tambi and Dr. Fuein Vera Kum
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
Development is one of the main priorities of the United Nations. Development is a multidimensional concept that seeks to achieve a higher quality of life for all people. Economic development, social development and, environmental protection are interdependent and mutually reinforcing components of sustainable development. Africa is one of the fastest-growing continents in the world today. The private sector plays a great role in terms of job creation and employment. Constrained by a crippling environment and burdensome government policies for decades, Africa still hosts a majority of the least developed countries of the world. The private sector is said to have a major role to play in Africa’s development, a situation which Elumelu (2019) describes as ‘Africapitalism.’ According to Elumelu (2019) Africapitalism represents the belief that the private sector in Africa has a critical role to play in the continent’s development. For Africapitalism to hold, some basic principles have be put in place. These include entrepreneurship, long-term investments, investment in strategic sectors, and regional connectivity amongst others. Africapitalism lays emphasis on private sector growth as the primary driver of Africa’s development. It calls for a new kind of capitalism for Africa: one that focuses on long-term investment in key sectors of the economy to spark the growth of African-owned businesses, stimulate the creation of jobs, and guarantee sustainable economic growth. Essentially, africapitalism embodies a private sector-led approach to solving some of Africa’s most intractable economic growth and development problems.
Topic:
Economics, Capitalism, Business, Economic Development, Private Sector, and Job Creation
Political Geography:
Africa

1279. State-Centric Approach to Resolving the Anglophone Conflict in Cameroon: What Prospects?

Author:
Francis Tazoacha
Publication Date:
04-2021
Content Type:
Policy Brief
Institution:
The Nkafu Policy Institute
Abstract:
The Nkafu Policy Institute, a think–thank of Denis and Lenora Foretia Foundation, Simbock, Yaoundé, Cameroon, hosted a webinar on January 26, 2021 on the theme: “Can the Anglophone Crisis be Solved Through a State-Centric Approach?” Hosted in partnership with the National Endowment for Democracy based in Washington DC, the webinar sought to know if the ongoing conflict in North West and South West Cameroon can be resolved through a state–centric approach. Bringing together about 68 participants, the January 2021 webinar sought to provide a platform for knowledge sharing and dialogue on the anglophone conflict and brainstorming to see if the state alone can resolve the conflict without the involvement of other stakeholders. The meeting sought to address a widely recognized need for the government of Cameroon to ensure greater involvement of civil society organizations, regional bodies, the United Nations, the African Union, Nation States and international mediators in the sustainable resolution of the conflict. For the past four years, the socio-political climate of the Anglophone regions of Cameroon has been very volatile. The long-standing grievances among the Anglophone population in the North West and South West Regions of Cameroon concerning marginalisation particularly in the educational and legal systems by the Francophone-dominated government led to widespread protests in October 2016.1 The conflict escalated from a peaceful demonstration that was met with a heavy crackdown from the government security forces in 2017. As a result, the situation morphed into an armed conflict with increasing support by the population in the Anglophone regions to seek independence from Cameroun – French Cameroon – as an independent “Republic of Ambazonia.” Since 2017, the conflict has continued unabated without any party seeming to surrender and thus end the war. Despite attempts from the national and international communities to intervene and resolve this destructive conflict, it has nevertheless, resulted in an impasse.2 The government of Cameroon opted for a military strategy from the very beginning of the peaceful protest that quickly changed into an armed conflict. Some pundits attribute this escalation to November 30, 2017 when President Biya, upon his return from Abidjan, Ivory Coast – after attending the 5th African Union-European Union Summit – declared to pressmen at the Yaoundé Nsimalen International Airport that he would put an end to the series of killings of forces of law. He also said he would order in general and the massacres around Mamfe in the South West Region, at the time all claimed to have been perpetrated by “Anglophone separatists.”
Topic:
Conflict Resolution, Conflict Prevention, Conflict, Nation-State, and African Union
Political Geography:
Africa and Cameroon

1280. The Divide between Economic History and History: From Ideology to Methodology

Author:
Gavin Wright
Publication Date:
03-2021
Content Type:
Policy Brief
Institution:
Economics for Inclusive Prosperity (EfIP)
Abstract:
I attended grad school at Yale in the late 1960s, when the New Economic History was on the ascendancy. Although the NEH was mainly in economics, the broader field of economic history clearly included members of both parent disciplines. At Yale, history grad students like Jan de Vries and Fred Carstensen could do an economic history track by taking a few core econ courses. There was also fair amount of common cause with a movement called the New Social History, interested in pursuing quantification to write “history from the bottom up.” Membership and presidents of the Economic History Association were about equally divided between the two disciplines. When I started at Michigan in 1972, there were two card-carrying economic historians in the history department (Sylvia Thrupp and Jacob Price), and similar lineups were not unusual elsewhere. The era of coexistence came to an abrupt end with the publication of Time on the Cross by Fogel and Engerman in 1974. The book was controversial not just because of its claims about slavery in the United States — that slavery was efficient, productive, and not all bad for the slaves — but because these claims were presented as a summation of research by cliometric economic historians over the previous decade or more. Even though some of the most robust critiques came from within economic history — consolidated in Reckoning with Slavery, published in 1976 — many historians felt that any discipline that could generate such an offensive brand of history did not deserve respectful intellectual status. In truth, History was probably going its own way towards the “cultural turn” anyway. To the extent that economic history had something to do with this move, it would have been a reaction to the observation that much of the new work seemed drawn moth-like to the discovery of markets and market processes in history, concluding that “markets worked.” Bill Parker remarked on this tendency in his presidential address to the EHA: “From Old to New to Old in Economic History” (JEH 1971), describing the NEH as “a gigantic test of the hypothesis of economic rationality of a system and of the behavior of individuals within it.” Robert Lucas wrote: “The central lesson of research in economic history is that neoclassical economics applies anytime, anywhere.” This now seems like something of a caricature, but for the NEH roughly through the 1970s, Lucas was largely correct. A case in point that mattered to many historians was the agricultural regime of the postbellum South. Works published in the 1970s by Joseph Reid, Stephen DeCanio and Robert Higgs all concluded that sharecropping was not an exploitive economic form, and that any racial oppression that did occur was rooted in politics rather than markets. Small wonder that historians found little to attract them to this style of research.
Topic:
Economics, Education, History, Slavery, Ideology, and Macroeconomics
Political Geography:
United States