JOSEPH KARGBO - Academia.edu (original) (raw)
Papers by JOSEPH KARGBO
International Journal of Fatigue, 2016
Fatigue cracks, as a structural deterioration mechanism, may lead to unanticipated out of service... more Fatigue cracks, as a structural deterioration mechanism, may lead to unanticipated out of serviceof naval ships. Consequently, risk assessment andeffective inspection planning of naval ships under fatigue damage are needed to achieve economic and sustainableperformance of these structures.This paper presents a probabilistic framework for fatigue risk assessment and updating through inspection events. The computation associated with fatigue damage is performed using fracture mechanics and uncertainties are considered within this process.Furthermore, a quantitative risk assessment model using rating functions is presented to identify inspection priority among multiple fatigue-sensitive details. Bayesian techniques are adopted for reliability and risk updating of bothinspected and uninspected fatigue-sensitive details at component and system levels. Additionally, correlation of fatigue damage among different critical details is considered and incorporated within risk assessment and updating.A number of analyses are performed to investigate the fatigueriskranking assessment and updating. Applications are presented on anexisting tanker with multiple fatigue-sensitive details.
The Ebola virus (EBOV) outbreak in West Africa in 2013–2016 severely affected Sierra Leone, Guine... more The Ebola virus (EBOV) outbreak in West Africa in 2013–2016 severely affected Sierra Leone, Guinea, and Liberia, which have very weak health systems and limited human and infrastructural resources. Described as the largest ebolavirus outbreak ever recorded, more than 28,000 people were affected with more than 11,000 deaths. The need for a proactive response to manage future outbreaks has led to the conception of the “Ebola Foresight” project, funded by the German Federal Ministry of Food and Agriculture. The project is implemented by a consortium including the Friedrich-Loeffler-Institut, the Sierra Leone Agricultural Research Institute, Njala University, and the Institut Pasteur de Guinée. It aims to build laboratory capacities in Sierra Leone and Guinea in order to ensure preparedness and a rapid response to potential future outbreaks of ebolaviruses or other emerging diseases. Further, a second focus of the project is to investigate the role of wildlife and livestock, in particul...
International Journal of Energy Environment and Economics, 2008
1. Sierra Leone and Its Neighbors 2. Political Instability and Economic Performance 3. Corruption... more 1. Sierra Leone and Its Neighbors 2. Political Instability and Economic Performance 3. Corruption 4. Politics, Ethnicity and Leadership in Sierra Leone 5. Mining 6. Agricultural Policy 7. Agriculture in the Macroeconomy 8. Agricultural Linkages and Economic Growth 9. Food Prices and Nutrition 10. International Trade 11. Foreign Aid 12. Education for Development 13. Exchange Rate Behavior, Competitiveness and Policy Issues 14. Inflation and Monetary Policy 15. Macroeconomic Forecasting 16. Policy Implications.
International Journal of Energy, Environment and Economics
International Journal of Energy, Environment and Economics
theigc.org
Mining has been a significant component of the Sierra Leonean economy since the 1930s, and the co... more Mining has been a significant component of the Sierra Leonean economy since the 1930s, and the country is endowed with a wide range of minerals, including diamonds, iron ore, gold, and rutile. The nation's established diamond fields cover over 18,000 square kilometers (km 2) and are found mainly in the southeastern and eastern parts of the country. The mining sector employed about 14% of Sierra Leone's labour force, accounted for over 60% of export earnings and up to 20% of the country's GDP during the prewar period [
Cell
... In this case, our destiny is practically in our hands!! References Asenso-Okyere, Kwadwo, Sin... more ... In this case, our destiny is practically in our hands!! References Asenso-Okyere, Kwadwo, Sindhu Workneh, Edward Rhodes, and John Sutherland (2009). ... Office of the President, State House, Freetown. Available online at http://www.statehouse.gov.sl Kargbo, JM (2011). ...
Journal of Policy Modeling, 2007
Development Southern Africa, 2006
ABSTRACT Decades of government intervention have helped develop the South African agriculture sec... more ABSTRACT Decades of government intervention have helped develop the South African agriculture sector to its present state. Policy reforms have included trade and exchange rate policies to increase the country's international competitiveness, reduce poverty and promote economic growth. These reforms are facilitating the growth in agricultural trade and South Africa's reintegration into the global economy. Annual agricultural exports and imports have increased. This paper uses annual data and a vector error-correction model to investigate the supply and demand relationships for agricultural trade flows in South Africa during the past four decades. The results show that prices, real exchange rates, domestic production capacity and real incomes have significant impacts on the country's agricultural trade. In particular, exchange rate volatility has negative impacts. This cannot be viewed solely as an exogenous source of macroeconomic instability in South Africa, as domestic policies play a crucial role in influencing the movement of exchange rates.
Development Southern Africa, 2003
ABSTRACT The purchasing power parity (PPP) theory is a cornerstone of exchange rate models in int... more ABSTRACT The purchasing power parity (PPP) theory is a cornerstone of exchange rate models in international economics. PPP is very important for two main reasons: first, it can serve as a prediction model for exchange rates, and second, it can serve as a benchmark in judging the level of exchange rate movements. This article utilised the Johansen cointegration technique in examining whether or not there is empirical support for long-run PPP in Africa. Annual data were used for exchange rates and food price indices in 25 countries covering the 1958-97 period. The empirical evidence showed strong support for long-run PPP in Africa, thereby providing wider acceptance for the applicability of PPP in exchange rate and other macroeconomic adjustment policies.
South African Journal of Economics, 2004
Page 1. The South African Journal of Economics Suid Afrikaanse Tydskrif vir Ekonomie Vol. 72:2 Ju... more Page 1. The South African Journal of Economics Suid Afrikaanse Tydskrif vir Ekonomie Vol. 72:2 June / Junie 2004 PURCHASING POWER PARITY AND EXCHANGE RATE POLICY REFORMS IN AFRICA JOSEPH M. KARGBO * ...
Applied Financial Economics, 2006
African policy makers have being implementing exchange rate policy reforms based on the assumptio... more African policy makers have being implementing exchange rate policy reforms based on the assumption that long-run PPP holds in Africa. This study conducted a detailed empirical investigation to ascertain whether or not there is empirical support for long-run PPP in African countries. Because of the significant black market premium, we applied Johansen's cointegration method to annual data on official and
Applied Economics Letters, 2009
ABSTRACT Johansen's cointegration technique was utilized with annual data on exchange rat... more ABSTRACT Johansen's cointegration technique was utilized with annual data on exchange rates and GDP deflators to investigate the validity of long-run PPP (power purchasing parity) in emerging markets during the 1955-2005 period. We found support for PPP. Given the globalization of financial markets and their impacts on the macroeconomy, PPP is a useful guide for exchange rate policy reforms.
International Journal of Fatigue, 2016
Fatigue cracks, as a structural deterioration mechanism, may lead to unanticipated out of service... more Fatigue cracks, as a structural deterioration mechanism, may lead to unanticipated out of serviceof naval ships. Consequently, risk assessment andeffective inspection planning of naval ships under fatigue damage are needed to achieve economic and sustainableperformance of these structures.This paper presents a probabilistic framework for fatigue risk assessment and updating through inspection events. The computation associated with fatigue damage is performed using fracture mechanics and uncertainties are considered within this process.Furthermore, a quantitative risk assessment model using rating functions is presented to identify inspection priority among multiple fatigue-sensitive details. Bayesian techniques are adopted for reliability and risk updating of bothinspected and uninspected fatigue-sensitive details at component and system levels. Additionally, correlation of fatigue damage among different critical details is considered and incorporated within risk assessment and updating.A number of analyses are performed to investigate the fatigueriskranking assessment and updating. Applications are presented on anexisting tanker with multiple fatigue-sensitive details.
The Ebola virus (EBOV) outbreak in West Africa in 2013–2016 severely affected Sierra Leone, Guine... more The Ebola virus (EBOV) outbreak in West Africa in 2013–2016 severely affected Sierra Leone, Guinea, and Liberia, which have very weak health systems and limited human and infrastructural resources. Described as the largest ebolavirus outbreak ever recorded, more than 28,000 people were affected with more than 11,000 deaths. The need for a proactive response to manage future outbreaks has led to the conception of the “Ebola Foresight” project, funded by the German Federal Ministry of Food and Agriculture. The project is implemented by a consortium including the Friedrich-Loeffler-Institut, the Sierra Leone Agricultural Research Institute, Njala University, and the Institut Pasteur de Guinée. It aims to build laboratory capacities in Sierra Leone and Guinea in order to ensure preparedness and a rapid response to potential future outbreaks of ebolaviruses or other emerging diseases. Further, a second focus of the project is to investigate the role of wildlife and livestock, in particul...
International Journal of Energy Environment and Economics, 2008
1. Sierra Leone and Its Neighbors 2. Political Instability and Economic Performance 3. Corruption... more 1. Sierra Leone and Its Neighbors 2. Political Instability and Economic Performance 3. Corruption 4. Politics, Ethnicity and Leadership in Sierra Leone 5. Mining 6. Agricultural Policy 7. Agriculture in the Macroeconomy 8. Agricultural Linkages and Economic Growth 9. Food Prices and Nutrition 10. International Trade 11. Foreign Aid 12. Education for Development 13. Exchange Rate Behavior, Competitiveness and Policy Issues 14. Inflation and Monetary Policy 15. Macroeconomic Forecasting 16. Policy Implications.
International Journal of Energy, Environment and Economics
International Journal of Energy, Environment and Economics
theigc.org
Mining has been a significant component of the Sierra Leonean economy since the 1930s, and the co... more Mining has been a significant component of the Sierra Leonean economy since the 1930s, and the country is endowed with a wide range of minerals, including diamonds, iron ore, gold, and rutile. The nation's established diamond fields cover over 18,000 square kilometers (km 2) and are found mainly in the southeastern and eastern parts of the country. The mining sector employed about 14% of Sierra Leone's labour force, accounted for over 60% of export earnings and up to 20% of the country's GDP during the prewar period [
Cell
... In this case, our destiny is practically in our hands!! References Asenso-Okyere, Kwadwo, Sin... more ... In this case, our destiny is practically in our hands!! References Asenso-Okyere, Kwadwo, Sindhu Workneh, Edward Rhodes, and John Sutherland (2009). ... Office of the President, State House, Freetown. Available online at http://www.statehouse.gov.sl Kargbo, JM (2011). ...
Journal of Policy Modeling, 2007
Development Southern Africa, 2006
ABSTRACT Decades of government intervention have helped develop the South African agriculture sec... more ABSTRACT Decades of government intervention have helped develop the South African agriculture sector to its present state. Policy reforms have included trade and exchange rate policies to increase the country's international competitiveness, reduce poverty and promote economic growth. These reforms are facilitating the growth in agricultural trade and South Africa's reintegration into the global economy. Annual agricultural exports and imports have increased. This paper uses annual data and a vector error-correction model to investigate the supply and demand relationships for agricultural trade flows in South Africa during the past four decades. The results show that prices, real exchange rates, domestic production capacity and real incomes have significant impacts on the country's agricultural trade. In particular, exchange rate volatility has negative impacts. This cannot be viewed solely as an exogenous source of macroeconomic instability in South Africa, as domestic policies play a crucial role in influencing the movement of exchange rates.
Development Southern Africa, 2003
ABSTRACT The purchasing power parity (PPP) theory is a cornerstone of exchange rate models in int... more ABSTRACT The purchasing power parity (PPP) theory is a cornerstone of exchange rate models in international economics. PPP is very important for two main reasons: first, it can serve as a prediction model for exchange rates, and second, it can serve as a benchmark in judging the level of exchange rate movements. This article utilised the Johansen cointegration technique in examining whether or not there is empirical support for long-run PPP in Africa. Annual data were used for exchange rates and food price indices in 25 countries covering the 1958-97 period. The empirical evidence showed strong support for long-run PPP in Africa, thereby providing wider acceptance for the applicability of PPP in exchange rate and other macroeconomic adjustment policies.
South African Journal of Economics, 2004
Page 1. The South African Journal of Economics Suid Afrikaanse Tydskrif vir Ekonomie Vol. 72:2 Ju... more Page 1. The South African Journal of Economics Suid Afrikaanse Tydskrif vir Ekonomie Vol. 72:2 June / Junie 2004 PURCHASING POWER PARITY AND EXCHANGE RATE POLICY REFORMS IN AFRICA JOSEPH M. KARGBO * ...
Applied Financial Economics, 2006
African policy makers have being implementing exchange rate policy reforms based on the assumptio... more African policy makers have being implementing exchange rate policy reforms based on the assumption that long-run PPP holds in Africa. This study conducted a detailed empirical investigation to ascertain whether or not there is empirical support for long-run PPP in African countries. Because of the significant black market premium, we applied Johansen's cointegration method to annual data on official and
Applied Economics Letters, 2009
ABSTRACT Johansen's cointegration technique was utilized with annual data on exchange rat... more ABSTRACT Johansen's cointegration technique was utilized with annual data on exchange rates and GDP deflators to investigate the validity of long-run PPP (power purchasing parity) in emerging markets during the 1955-2005 period. We found support for PPP. Given the globalization of financial markets and their impacts on the macroeconomy, PPP is a useful guide for exchange rate policy reforms.