Mzumbe University Journals

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    Economics and development papers , Issue No.1:2012
    (Economics Department ( Mzumbe University), 2012) Mveyange, Anthon; Tundui Hawa; Milanzi, Mursali A.; Kirway, Jeremiah N; Nandonde, Felix Adamu
    This issue presents a diverse collection of empirical studies that bridge global macroeconomic trends, localized public policy challenges, and contemporary consumer behavior. Broadly categorized into development economics, corporate governance, and market dynamics, these papers offer critical insights into both institutional frameworks and grassroots socio-economic behavior. The macroeconomic and microfinance sectors are examined through two distinct lenses focusing on regional growth and entrepreneurship. In the realm of development economics, "The Augmented Solow Model and Cross-Country Income Differences in Sub-Saharan Africa" utilizes an expanded growth framework to investigate the structural drivers behind per capita income disparities across the subcontinent. Shifting the focus to micro-level economics and gender studies, "The Role of Family Labour in the Profitability of Women-Owned Microcredit-Supported Enterprises: An Ordered Probity Analysis" applies econometric modelling to evaluate how a reliance on unpaid family labour influences the financial success and sustainability of female-led, microfinance-backed businesses. The remaining papers explore the intersection of institutional structures, public health management, and international consumer markets. In corporate governance, "Social Capital, Institutional Context and Managerial Pay" investigates the determinants of executive compensation, analysing how a manager’s professional networks and the surrounding regulatory environment influence salary structures. Turning to public health and healthcare financing, "Factors Contributing to High Drop-Out Rate of Members from the Community Health Fund (CHF) in Iringa District Council" diagnoses the socioeconomic and systemic barriers causing high attrition rates in a localized Tanzanian health insurance scheme. Finally, the issue shifts to international marketing and ethical consumerism with "Consumers’ Attitude Towards Fairtrade Coffee in the UK," which examines the behavioural motivations and perceptions driving ethical purchasing decisions in a major developed economy.