Ahmed Dahir | Islamic University In Uganda Kampala Campus (original) (raw)

Papers by Ahmed Dahir

Research paper thumbnail of An Analysis of the Economic Outcome of Financial Liberalization

In the last chapter, we have considered the impact of financial reforms program and the channels ... more In the last chapter, we have considered the impact of financial reforms program and the channels through which such outcomes were transmitted. Particularly, we have assessed the performance of various indicators expected to capture improvements in efficiency, competitiveness and allocational enhancements following the adoption of liberalized financial policies in our sample countries. From these results and assessments based on almost all conventionally used aggregates, it is observable that there has been modest contribution of financial liberalization in terms of promoting economic growth in Kenya and Malawi. Importantly, in both these two countries the monopolistic structure of the commercial banking system has limited the depth and breadth of the financial services offered even under liberalized financial regime. This chapter considers this issue further. Firstly, it provides a simple model within the framework of imperfectly competitive banking industry and looks at the behaviour of the interest rate spread. The strategy is to analyse the level of spread together with the impact of an entry by a new firm. In doing so, the model solution is initially given for liberalized market system and then extended for the case of repressed financial environment. Applying the solutions from these exercises, adverse effect of higher fixed (overhead) costs in terms of serving as a barrier to entry of new established financial institutions is considered. Secondly, with this theoretical treatment the chapter also provides empirical evidence on the issue of high fixed costs which explain the lack of entry by effective competitors in these economies.

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Research paper thumbnail of The Theory of Financial Liberalization and its Economic Impact: An Assessment

Led by the seminal papers of McKinnon (1973) and Shaw (1973), a significant number of studies hav... more Led by the seminal papers of McKinnon (1973) and Shaw (1973), a significant number of studies have pointed out that financial liberalization can exert a positive effect on growth rates as interest rate levels rise towards their competitive market equilibrium, while resources are efficiently allocated. Accordingly, eliminating controls on interest rates and allowing them to increase could stimulate a higher level of savings. Moreover, with the assumption of a strong response of savings to the rate of interest, higher interest rates are expected to increase financial intermediation (the level of financial asset channelled by the financial system).1 Strictly under these strong assumptions, it is likely that financial liberalization produces higher savings which ultimately fosters economic development through changes in quality (by allowing efficient allocation of resources) and quantity of investment (Reinhart & Tokatlidis, 2003).

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Research paper thumbnail of Mineral and Non-Mineral Sector Interdependency: Empirical Evidence from Oman

Most work on mineral dependent economies use simple and straightforward calculations to estimate ... more Most work on mineral dependent economies use simple and straightforward calculations to estimate the level of dependency on the mineral sector. Typical assessments by researchers on mineral dependency look at the contribution of the mineral sector to total exports, its share in GDP, or the share of mineral revenues in total government revenues. Empirical research on the inter-sectoral dependencies between

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Research paper thumbnail of The effects of elevated carbon dioxide, temperature and soil moisture on the water use of stands of groundnut ( Arachis hypogaea L

Journal of Experimental Botany, 1994

... {Arachis hypogaea L.) IM Stronach1, SC Clifford, AD Mohamed, PR Singleton-Jones, SN Azam-Ali ... more ... {Arachis hypogaea L.) IM Stronach1, SC Clifford, AD Mohamed, PR Singleton-Jones, SN Azam-Ali and NMJ Crout Tropical Crops Research Unit, University of Nottingham, Sutton Bonington Campus, Loughborough LE125RD, UK ...

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Research paper thumbnail of Causal Links between Export, FDI and Output: Evidence from Sub-Saharan African Countries

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Research paper thumbnail of The effect of elevated atmospheric CO 2 and drought onstomatal frequency in groundnut ( Arachis hypogaea (L

Journal of Experimental Botany, 1995

The effects of elevated atmospheric CO 2 , alone or in combination with water stress, on stomatal... more The effects of elevated atmospheric CO 2 , alone or in combination with water stress, on stomatal frequency in groundnut {Arachis hypogaea (L.) cv. Kadiri-3) were investigated. CO 2 exerted significant effects on stomatal frequency only in irrigated plants. The effects of drought on ...

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Research paper thumbnail of Valuable skills, human capital and technology diffusion

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Research paper thumbnail of Influence of Particle Size and Firing Temperature on Burnt Properties of Rice/Clay Mix

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Research paper thumbnail of Modafinil Has the Potential for Addiction

Ajob Neuroscience, 2012

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Research paper thumbnail of LIST OF PARTICIPANTS BY REGION

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Research paper thumbnail of Abdullahi Dahir Ahmed - Potential Impact of Financial Reforms on Savings in Botswana: an Empirical Analysis Using a VECM Approach - The Journal of Developing Areas 41:1

This paper attempts to briefly review the financial impact of the recent economic reforms in Bots... more This paper attempts to briefly review the financial impact of the recent economic reforms in Botswana. In particular, it investigates the influence of these reforms on savings, and tests the financial repression hypothesis. The paper examines such effects through empirical examination using the Johansen VECM approach and annual data running from 1971 to 2003. While private savings have shown a

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Research paper thumbnail of DECLARATION 0

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Research paper thumbnail of An Analysis of the Economic Outcome of Financial Liberalization

In the last chapter, we have considered the impact of financial reforms program and the channels ... more In the last chapter, we have considered the impact of financial reforms program and the channels through which such outcomes were transmitted. Particularly, we have assessed the performance of various indicators expected to capture improvements in efficiency, competitiveness and allocational enhancements following the adoption of liberalized financial policies in our sample countries. From these results and assessments based on almost all conventionally used aggregates, it is observable that there has been modest contribution of financial liberalization in terms of promoting economic growth in Kenya and Malawi. Importantly, in both these two countries the monopolistic structure of the commercial banking system has limited the depth and breadth of the financial services offered even under liberalized financial regime. This chapter considers this issue further. Firstly, it provides a simple model within the framework of imperfectly competitive banking industry and looks at the behaviour of the interest rate spread. The strategy is to analyse the level of spread together with the impact of an entry by a new firm. In doing so, the model solution is initially given for liberalized market system and then extended for the case of repressed financial environment. Applying the solutions from these exercises, adverse effect of higher fixed (overhead) costs in terms of serving as a barrier to entry of new established financial institutions is considered. Secondly, with this theoretical treatment the chapter also provides empirical evidence on the issue of high fixed costs which explain the lack of entry by effective competitors in these economies.

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Research paper thumbnail of The Theory of Financial Liberalization and its Economic Impact: An Assessment

Led by the seminal papers of McKinnon (1973) and Shaw (1973), a significant number of studies hav... more Led by the seminal papers of McKinnon (1973) and Shaw (1973), a significant number of studies have pointed out that financial liberalization can exert a positive effect on growth rates as interest rate levels rise towards their competitive market equilibrium, while resources are efficiently allocated. Accordingly, eliminating controls on interest rates and allowing them to increase could stimulate a higher level of savings. Moreover, with the assumption of a strong response of savings to the rate of interest, higher interest rates are expected to increase financial intermediation (the level of financial asset channelled by the financial system).1 Strictly under these strong assumptions, it is likely that financial liberalization produces higher savings which ultimately fosters economic development through changes in quality (by allowing efficient allocation of resources) and quantity of investment (Reinhart & Tokatlidis, 2003).

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Research paper thumbnail of Mineral and Non-Mineral Sector Interdependency: Empirical Evidence from Oman

Most work on mineral dependent economies use simple and straightforward calculations to estimate ... more Most work on mineral dependent economies use simple and straightforward calculations to estimate the level of dependency on the mineral sector. Typical assessments by researchers on mineral dependency look at the contribution of the mineral sector to total exports, its share in GDP, or the share of mineral revenues in total government revenues. Empirical research on the inter-sectoral dependencies between

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Research paper thumbnail of The effects of elevated carbon dioxide, temperature and soil moisture on the water use of stands of groundnut ( Arachis hypogaea L

Journal of Experimental Botany, 1994

... {Arachis hypogaea L.) IM Stronach1, SC Clifford, AD Mohamed, PR Singleton-Jones, SN Azam-Ali ... more ... {Arachis hypogaea L.) IM Stronach1, SC Clifford, AD Mohamed, PR Singleton-Jones, SN Azam-Ali and NMJ Crout Tropical Crops Research Unit, University of Nottingham, Sutton Bonington Campus, Loughborough LE125RD, UK ...

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Research paper thumbnail of Causal Links between Export, FDI and Output: Evidence from Sub-Saharan African Countries

Bookmarks Related papers MentionsView impact

Research paper thumbnail of The effect of elevated atmospheric CO 2 and drought onstomatal frequency in groundnut ( Arachis hypogaea (L

Journal of Experimental Botany, 1995

The effects of elevated atmospheric CO 2 , alone or in combination with water stress, on stomatal... more The effects of elevated atmospheric CO 2 , alone or in combination with water stress, on stomatal frequency in groundnut {Arachis hypogaea (L.) cv. Kadiri-3) were investigated. CO 2 exerted significant effects on stomatal frequency only in irrigated plants. The effects of drought on ...

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Research paper thumbnail of Valuable skills, human capital and technology diffusion

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Research paper thumbnail of Influence of Particle Size and Firing Temperature on Burnt Properties of Rice/Clay Mix

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Research paper thumbnail of Modafinil Has the Potential for Addiction

Ajob Neuroscience, 2012

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Research paper thumbnail of LIST OF PARTICIPANTS BY REGION

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Research paper thumbnail of Abdullahi Dahir Ahmed - Potential Impact of Financial Reforms on Savings in Botswana: an Empirical Analysis Using a VECM Approach - The Journal of Developing Areas 41:1

This paper attempts to briefly review the financial impact of the recent economic reforms in Bots... more This paper attempts to briefly review the financial impact of the recent economic reforms in Botswana. In particular, it investigates the influence of these reforms on savings, and tests the financial repression hypothesis. The paper examines such effects through empirical examination using the Johansen VECM approach and annual data running from 1971 to 2003. While private savings have shown a

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Research paper thumbnail of DECLARATION 0

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