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Journal articles on the topic 'Lesotho Investments'

Author: Grafiati

Published: 4 June 2021

Last updated: 1 February 2022

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1

Malefane, Malefa Rose. "Determinants of foreign direct investment in Lesotho: evidence from cointegration and error correction modeling." South African Journal of Economic and Management Sciences 10, no. 1 (2013): 99–106. http://dx.doi.org/10.4102/sajems.v10i1.539.

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Over the past decade, Lesotho has recorded a substantial increase in levels of foreign direct investment (FDI) inflow, part of it prompted by trade privileges. Building on the extant literature, this study provides an empirical analysis of determinants of FDI in Lesotho. The study looks at how macroeconomic stability, regulatory frameworks, political stability and market size affect FDI. The evidence from this study shows that some of the foreign enterprises in Lesotho are there to serve a bigger South African market. Also, the country has benefited from a more export-oriented investment promo

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2

Iyke, Bernard Njindan, and Nicholas M. Odhiambo. "Foreign exchange markets and the purchasing power parity theory." African Journal of Economic and Management Studies 8, no. 1 (2017): 89–102. http://dx.doi.org/10.1108/ajems-03-2017-147.

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Purpose The purpose of this paper is to examine the validity of the purchasing power parity (PPP) hypothesis for two Southern African countries, namely: Lesotho and Zambia. Design/methodology/approach The authors utilized four econometric tests to examine the existence of the PPP hypothesis in Lesotho and Zambia. These tests include two unit root tests without structural breaks – the Dickey-Fuller generalized least squares (DF-GLS) test and the Ng-Perron test; and two unit root tests with structural breaks – the Perron test and the Zivot-Andrews test. The authors’ empirical analysis is based o

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3

Rantšo, Tšepiso A. "Foreign direct investment, entrepreneurship and development in Lesotho." World Review of Entrepreneurship, Management and Sustainable Development 13, no. 4 (2017): 373. http://dx.doi.org/10.1504/wremsd.2017.10004055.

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4

Rantšo, Tšepiso A. "Foreign direct investment, entrepreneurship and development in Lesotho." World Review of Entrepreneurship, Management and Sustainable Development 13, no. 4 (2017): 373. http://dx.doi.org/10.1504/wremsd.2017.084984.

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5

Lira, P. Sekantsi, and M. Kalebe Kalebe. "Savings, investment and economic growth in Lesotho: An empirical analysis." Journal of Economics and International Finance 7, no. 10 (2015): 213–21. http://dx.doi.org/10.5897/jeif2015.0708.

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6

Makhetha, Leseko, and Joel Rantaoleng. "Foreign direct investment, trade openness and growth nexus in Lesotho." Journal of Economic and Financial Sciences 10, no. 1 (2017): 145–59. http://dx.doi.org/10.4102/jef.v10i1.10.

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This paper examines the long-run relationship among FDI, trade openness and growth in Lesotho for the period 1980-2011. The results show a long-run relationship between output, FDI and trade openness. The VAR Granger causality shows a unidirectional causal relationship running from trade openness, FDI to output and from output, FDI to trade openness. FDI was found to be insignificant in explaining growth of output in both the long and short run. Trade openness was found to be significant with a negative impact on output growth in the long run but was found to be insignificant in the short run.

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7

Molapo, Senei Solomon. "Optimal International Reserves in Lesotho." European Scientific Journal, ESJ 12, no. 13 (2016): 282. http://dx.doi.org/10.19044/esj.2016.v12n13p282.

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Literature has addressed the issue of choosing reserves levels in the context of models based on traditional adequacy ratio. Above that, this study employs the model of Jeanne and Rancière (2006), which captured the unique characteristics of a country, and effects of a small and large external shocks portrayed that international reserves in Lesotho are kept at level higher than the optimum level. The results outlined that optimum level of reserves for Lesotho is on average 44 per cent of GDP for a small crisis and 47 per cent of GDP for a larger crisis. Subsequently, this leads to the conclusi

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8

N.A., Malefa Rose Malefane. "Causality between foreign direct investment, exports and economic growth in Lesotho." International Journal of Sustainable Economy 14, no. 1 (2022): 1. http://dx.doi.org/10.1504/ijse.2022.10039941.

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9

Mehrara, Mohsen, and Masoumeh Zirak. "Ranking of Developing Countries Based on the Economic Freedom Index." International Letters of Social and Humanistic Sciences 2 (September 2013): 32–38. http://dx.doi.org/10.18052/www.scipress.com/ilshs.2.32.

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In this paper we’ve ranked developing countries based on the Economic Freedom index. Therefore we are trying to do the analysis how this ranking is done using numerical taxonomic methodology. To do this, by estimating the effects of the determinants of FDI in 123 developing countries from 1997 to 2010, results showed that with regard to the degree of economic freedom or Economic openness, attract foreign direct investment in each country is different. In this study china, Equator, Liberia, Azerbaijan, Angola, Turkmenistan, Cape Verde, Kazakhstan, Panama, Vietnam, Bulgaria, Congo, Maldives, Bah

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10

Sibindi, Athenia Bongani. "Remittances, financial development and economic growth: Empirical evidence from Lesotho." Journal of Governance and Regulation 3, no. 4 (2014): 116–24. http://dx.doi.org/10.22495/jgr_v3_i4_c1_p4.

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Increasingly remittances now constitute a great source of foreign currency inflows for many developing countries. In some instances remittances have outpaced the growth of foreign direct investment (FDI). Amongst others, remittances can be used as a vehicle of savings mobilisation as well as fostering the supply of credit by providing liquidity to the market. In this article we investigate the causal relationship between the remittances, financial development and economic growth in Lesotho for the period 1975 to 2010. We make use of per capita remittances, real per capita broad money supply an

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11

Ansell, Nicola, Peggy Froerer, Roy Huijsmans, Claire Dungey, Arshima Dost, and Piti. "Educating 'surplus population': uses and abuses of aspiration in the rural peripheries of a globalising world." Fennia - International Journal of Geography 198, no. 1-2 (2020): 17–38. http://dx.doi.org/10.11143/fennia.90756.

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Increasing school enrolment has been a focus of investment, even in remote rural areas whose populations are surplus to the requirements of the global economy. Drawing on ethnographic research conducted in primary schools and their neighbouring communities in rural areas of Lesotho, India and Laos, we explore how young people, their parents and teachers experience schooling in places where the prospects of incorporation into professional employment (or any well rewarded economic activity) are slim. We show how schooling uses aspiration, holding out a promise of a 'better future' remote from th

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12

Tanga, Pius T. "The Contribution of Chinese Trade and Investment Towards Poverty Alleviation in Africa: Evidence of Divergent Views from Lesotho." Journal of Social Sciences 19, no. 2 (2009): 109–19. http://dx.doi.org/10.1080/09718923.2009.11892698.

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13

Morris, Mike, and Cornelia Staritz. "Industrial upgrading and development in Lesotho’s apparel industry: global value chains, foreign direct investment, and market diversification." Oxford Development Studies 45, no. 3 (2016): 303–20. http://dx.doi.org/10.1080/13600818.2016.1237624.

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14

Pule, Neville W., and Motlatsi Thabane. "Lesotho's land tenure regimes: experiences of rural communities and the calls for land reform." Journal of Modern African Studies 42, no. 2 (2004): 283–303. http://dx.doi.org/10.1017/s0022278x04000126.

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Calls to reform Lesotho's traditional or customary land tenure abound. The main argument of those who call for reform is that there is no security of tenure, and therefore economic development and foreign and local investment in agriculture are lacking. Lately, traditional land tenure has been blamed for environmental degradation of agricultural land. Using oral and documentary evidence collected in the Rothe Ward, Mafeteng District, and the Mafeteng District Secretary's Office, this paper argues that the traditional land tenure is ambiguous on ownership of land, and is in need of reform desig

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15

Pasquali, Giovanni, Shane Godfrey, and Khalid Nadvi. "Understanding regional value chains through the interaction of public and private governance: Insights from Southern Africa’s apparel sector." Journal of International Business Policy, September 23, 2020. http://dx.doi.org/10.1057/s42214-020-00071-9.

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Abstract Regional value chains (RVCs) and South–South trade are increasingly considered key features of 21st-century globalisation. This article investigates how RVCs are shaped by the interaction of private and public governance. It evaluates how this interaction unfolded in Southern Africa’s apparel RVCs, exploring trade, investment and labour regimes across three levels of analysis: national, regional, and global. The paper draws on trade data, secondary literature, and interviews with suppliers and institutions in Eswatini and Lesotho (the largest exporters to the region), and lead firms i

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16

Pellerano, Luca, Eleonora Porreca, and Furio C. Rosati. "Income Elasticity of Child Labor: Do Cash Transfers have an Impact on the Poorest Children?" IZA Journal of Development and Migration 11, no. 1 (2020). http://dx.doi.org/10.2478/izajodm-2020-0011.

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AbstractThe possible nonlinearity of the income elasticity of child labor has been at the center of the debate regarding both its causes and the policy instruments to address it. We contribute to this debate providing theoretical and empirical novel results. From a theoretical point of view, for any given transfer size, there is a critical level of household income below which an increase in income has no impact on child labor and education. We estimate the causal impact of an increase in income on child labor and education exploiting the random allocation of the Child Grant Programme, an unco

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17

Braun, Yvonne. "Lesotho's white gold: the political ecology of temporality and the economy of anticipation in resource extraction and large dam infrastructural projects." Journal of Political Ecology 27, no. 1 (2020). http://dx.doi.org/10.2458/v27i1.23250.

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The construction phases of large dam and infrastructural projects often extend over long periods of time, creating social, environmental, cultural, political, and economic consequences in the proximate communities and landscapes. The temporality of the phases of the project – from planning to construction to post-construction – reveal more layered and wide-ranging consequences from the social and environmental changes that result, sharpened by greater attention to how these changes unfold across multiple timescales and sites of the project. Using the case study of the Lesotho Highlands Water P

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18

Harris, Geoff, and Tlohang Letsie. "Demilitarizing a small African country: Rationale, necessary conditions, and financing." Economics of Peace and Security Journal 14, no. 1 (2019). http://dx.doi.org/10.15355/epsj.14.1.39.

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Most efforts directed at security sector reform (SSR) in African countries have had very little impact. This includes efforts aimed at a more rational allocation of tasks and resources in the sector. This article is concerned with the strongest form of SSR, the total disbanding of military forces. The best example of effective demilitarization is Costa Rica, which has flourished since it disbanded its military some 70 years ago. The strategic situation, the negative behavior of its defense force since its formation, and the opportunity costs of military expenditure provide a strong case for th

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19

Staritz, Cornelia, and Mike Morris. "Local Embeddedness, Upgrading and Skill Development: Global Value Chains and Foreign Direct Investment in Lesotho's Apparel Industry." SSRN Electronic Journal, 2013. http://dx.doi.org/10.2139/ssrn.2237488.

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