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  • Author: Dongue Ndongo Patrick Revelli
  • Publication Date: 01-2020
  • Content Type: Research Paper
  • Institution: African Economic Research Consortium (AERC)
  • Abstract: Understanding how domestic prices adjust to the exchange rate enables us to anticipate the effects on inflation and monetary policy responses. This study examines the extent of the exchange rate pass-through to the Consumer Price Index in Cameroon and Kenya over the 1991-2013 period. The results of its econometric analysis shows that the degree of the exchange rate pass-through is incomplete and varied between 0.18 and 0.58 over one year in Kenya, while it varied between 0.53 and 0.89 over the same period in Cameroon. For the long term, it was found to be equal to 1.06 in Kenya and to 0.28 in Cameroon. A structural VAR analysis using impulse-response functions supported the results for the short term but found a lower degree of pass-through for the exchange rate shocks: 0.3125 for Kenya and 0.4510 for Cameroon. It follows from these results that the exchange rate movements remain a potentially important source of inflation in the two countries. Variance decomposition shows that the contribution of the exchange rate shocks is modest in the case of Kenya but significant in that of Cameroon.
  • Topic: Development, Economics, Monetary Policy, Exchange Rate Policy, Economic Policy, Inflation
  • Political Geography: Kenya, Africa, Cameroon
  • Author: Loren Landau, Kabiri Bule, Ammar A. Malik, Caroline Wanjiku-Kihato, Yasemin Irvin-Erickson, Benjamin Edwards, Edward Mohr
  • Publication Date: 06-2017
  • Content Type: Research Paper
  • Institution: Urban Institute
  • Abstract: Building on original quantitative and qualitative fieldwork in three refugee hosting cities – Nairobi, Gaziantep, and Peshawar—this study explores the role of social networks in furthering or hampering displaced persons’ ability to achieve self-reliance. Experiences are diverse, but several general findings emerge: (1) Group membership is remarkably low; (2) Social networks are an invaluable asset for many but are either unavailable or a hindrance for others; (3) The in-group networks that initially offer protection become less effective in the long-term; and (4) Economic security is closely depending on people’s ability to forge connections beyond co-nationals.
  • Topic: Immigration, Governance, International Development, Urban, Cities
  • Political Geography: Pakistan, Kenya, Africa, South Asia, Turkey, Middle East, Nairobi, Gaziantep, Peshawar
  • Author: Loren Landau, Caroline Wanjiku-Kihato, Jean Pierre Misago, Benjamin Edwards
  • Publication Date: 09-2016
  • Content Type: Research Paper
  • Institution: Urban Institute
  • Abstract: People displaced into urban areas due to war, persecution, or climatic crisis have claimed an increasingly prominent position in humanitarian operations and research. Through an examination of three African municipalities currently hosting displaced persons we study the cognitive, financial, and political incentives that work for and against a proactive response to displacement. We find that in cities where deprivation is widespread, effective engagement with municipal authorities demands a shift in approach. Rather than appeals to domestic or international protection principles, effective engagement with local authorities requires recognizing local authorities’ interests and incentives to develop strategies to align protection concerns with local political economic factors.
  • Topic: Economics, Humanitarian Aid, Displacement, Urban, Cities
  • Political Geography: Uganda, Kenya, Africa, South Africa