Macroeconomic Challenges for Eastern Africa

Initiative -
Type Discussion paper
Date 6 September 2015

Abstract

Recent natural resource discoveries in Eastern Africa provide an enormous opportunity to boost economic development. However, success is not inevitable and the causes of failure have been extensively researched during recent years. This paper summarizes the challenges that can beset such opportunities.

Authors

Fakhri Hasanov

Senior Fellow I Fakhri Hasanov is a senior fellow and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience… Fakhri Hasanov is a senior fellow and leads the KAPSARC Global Energy Macroeconometric Model projects with 20+ years of experience in econometric modeling and forecasting. Since 2015, he has been involved in multistakeholder projects, leading and executing macroeconomic analysis of various policy choices and initiatives (e.g., energy prices, energy demand, and fiscal reforms) for the Kingdom’s economy. He has extensive experience working with policymakers. Prior to KAPSARC, he was a post-doc at George Washington University. His research mainly covers macro-econometric modeling for energy and environmental economics policy analyses. Dr. Hasanov has authored 50+ applied studies published in reputable journals such as Energy Policy, Energy Economics, Empirical Economics, and Energy Strategy Review. His research is recognized internationally (e.g., he is listed among the top 2% of scientists globally by Elsevier). Fakhri is an editorial board member of various peer-reviewed journals, such as Frontiers in Environmental Science. He holds a Ph.D. in econometrics.

Expertise

Econometric modeling and forecasting
Time series and panel data econometrics
Macroeconometric models for policy analyses
Energy economics
Environmental economics.

Publications See all Fakhri Hasanov’s publications

Macroeconomic, Energy and Emission Effects of Solar PV Deployment at Utility and Distributed Scales in Saudi Arabia

Recent natural resource discoveries in Eastern Africa provide an enormous opportunity to boost economic development.…

14th September 2023

Determinants of Remittance Outflows: The Case of Saudi Arabia

Recent natural resource discoveries in Eastern Africa provide an enormous opportunity to boost economic development.…

10th August 2023

Fred Joutz

Baltasar Manzano

Visiting Researcher Baltasar is an associate professor of economics at the University of Vigo and has been a visiting researcher at KAPSARC… Baltasar is an associate professor of economics at the University of Vigo and has been a visiting researcher at KAPSARC since 2014. From 2005 to 2009, he served as an economic advisor to the president of Galicia. Baltasar has a Ph.D. in economics from the Universidad Complutense, Madrid and has published extensively in academic journals, mainly focusing on the intersection of macroeconomics and energy.

Expertise