http://www.journals.co.za/ej/ejour_afgrow.html A Sabinet RSS feed with the latest modified articles for each journal. http://reference.sabinet.co.za/webx/access/electronic_journals/afgrow/afgrow_apr_jun_2013_a1.pdf <UL><LI><b>Author:</b> Biekpe, Nicholas </LI><LI><b>Vol </b></LI> <LI><b>Publication:</b> 2013</LI> <LI><b>Page:</b> 4</LI> <LI><b>Abstract:</b> Since 1960, more than 30 countries in Africa went through military "governments" of some form. Sadly, military coups have no meaningful economic or social benefits to the citizens of a country. More often, the coup leaders are idealists who promise the people manna from heaven but end up destroying the very countries that they pledged to protect. Coup leader are not different from civilian dictators. The only main difference between the two is that a coup leader is a dictator who uses the power of the gun and brute force to suppress his people. In the end, if not removed from office, a coup leader will eventually become the ultimate dictator once he understands the basics of running an economy. Military coups impact on four key attributes that are key to promoting growth and prosperity in a country. These are (a) investment (b) capacity building (c) intellectuals and professionals migration and (d) innovation and entrepreneurship. </LI></UL> 2013-04-22T10:33:54Z http://reference.sabinet.co.za/webx/access/electronic_journals/afgrow/afgrow_apr_jun_2013_a2.pdf <UL><LI><b>Author:</b> Andoh, Charles </LI><LI><b>Vol </b></LI> <LI><b>Publication:</b> 2013</LI> <LI><b>Page:</b> 6-7</LI> <LI><b>Abstract:</b> Defiant behavior is a behavior that is not accepted by society. It ranges from society to society and has no boundary for the rich or the poor. Some of these behavior patterns include extreme alcoholism, smoking, substance abuse, pilfering, rape, robbery, burglary, murder, prostitution, fighting and fraud. These behaviors may be caused by lack of parental control, freedom to children or wards without control, limits of wards without freedom, lack of good comments from parents, peer pressure, tendency of trying a scene in a movie, among others. A child who lack good education or drop out of school has the tendency to exhibit these characters compared with their peers with good and solid education. It is a worry to all and sundry and there are unending efforts to find solutions to curb this menace. </LI></UL> 2013-04-22T10:33:54Z http://reference.sabinet.co.za/webx/access/electronic_journals/afgrow/afgrow_apr_jun_2013_a3.pdf <UL><LI><b>Author:</b> Mabote, Retselisitsoe S. </LI><LI><b>Vol </b></LI> <LI><b>Publication:</b> 2013</LI> <LI><b>Page:</b> 10-12</LI> <LI><b>Abstract:</b> Africa remains a supplier of raw materials for developed and developing economies. This is largely explained by weak industrialisation drive in the continent due to poor investment climate, which fails to attract new investors, as well as, enticing the existing ones to expand their investments. Other factors are; poor and or irrelevant macroeconomic policies, education systems which do not fully respond to her prevailing needs, coupled with inadequate financial resources. The skills obtainable from the graduates are not adequate to address the socioeconomic needs of the continent. Nonetheless, a conducive investment climate is not only a necessary condition to drive economic development, but also lubricant to attracted new and dynamic investors to expand their business interests. </LI></UL> 2013-04-22T10:33:54Z http://reference.sabinet.co.za/webx/access/electronic_journals/afgrow/afgrow_apr_jun_2013_a4.pdf <UL><LI><b>Author:</b> Molise, Ernest Thabang </LI><LI><b>Vol </b></LI> <LI><b>Publication:</b> 2013</LI> <LI><b>Page:</b> 14-17</LI> <LI><b>Abstract:</b> Since the collapse of Bretton Woods System in 1973, the world enjoyed several periods of high growth facilitated by exceptional increase in global trade and international capital movements as the world economies become increasingly more integrated. The current international monetary system (IMS), viewed as an advancement of the Bretton Woods System, also afforded countries enough degree of flexibility to pursue national economic policy-mix endeavoured to achieve growth without major concern for global economic implications. This saw a number of developing and emerging market economies, particularly Asian economies pursue export-led strategies in the aftermath of the Asian crisis. In the process, these countries accumulated substantial amount of foreign reserves. </LI></UL> 2013-04-22T10:33:54Z http://reference.sabinet.co.za/webx/access/electronic_journals/afgrow/afgrow_apr_jun_2013_a5.pdf <UL><LI><b>Author:</b> Masengo, Philippe </LI><LI><b>Vol </b></LI> <LI><b>Publication:</b> 2013</LI> <LI><b>Page:</b> 21-24</LI> <LI><b>Abstract:</b> In April 2005, Zambia reached the completion point of the enhanced initiative of Highly Indebted Poor Countries (HIPC Initiative). This resulted in more than 80% of Zambia's external debt being forgiven (2000 - US$6.5 billion, 2004 - US$7.1 billion, 2006 - US$0.7 billion). Further, given the prevailing conducive macro-economic environment, domestic borrowing has been on the rise hence threatening its sustainability. Government has in the recent past shifted its financing of deficits from external to domestic sources mostly through Government securities whose demand has increased both from local and foreign investors owing to the stability in the financial markets. Therefore, this study aims to analyse the sustainability of Zambia's domestic debt given the current macro-economic status (Bank of Zambia, 2005, 2009; Muyatwa, 2008). </LI></UL> 2013-04-22T10:33:54Z http://reference.sabinet.co.za/webx/access/electronic_journals/afgrow/afgrow_apr_jun_2013_a6.pdf <UL><LI><b>Vol </b></LI> <LI><b>Publication:</b> 2013</LI> <LI><b>Page:</b> 26-28</LI> <LI><b>Abstract:</b> The four economies in Africa with developed stock markets are South Africa, Algeria, Nigeria and Egypt (SANE). They contribute over 50% of Africa's total gross domestic product and nearly half of the continent's exports, imports, foreign direct investments and foreign reserves. The per capita income of the SANE economies collectively is three times more than that of the rest of the continent (Kasende et al, 2007). The above-mentioned characteristics form part of factors that put the group of SANE economies above other African countries in terms of competitiveness, which in turn, accounts for the relative strength of their domestic currencies. This article provides a brief discussion of trends in the value of the domestic currencies of the SANE economies during the third and fourth quarters of 2012. </LI></UL> 2013-04-22T10:33:54Z