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African Economies

Assessing Macroeconomic Volatility on Economic Growth: The Case of Sub-Saharan African Economies

Assessing Macroeconomic Volatility on Economic Growth: The Case of Sub-Saharan African Economies

... The purpose of this paper is to attempt to shed light on these questions based on Africa’s growth experience since its turnaround in the mid-1990s.First, it analyzes the extent of macroeconomic vulnerability that ...

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The Role of Productive Structures in the Attractiveness of African Economies: A “Lucas Paradox” Approach

The Role of Productive Structures in the Attractiveness of African Economies: A “Lucas Paradox” Approach

... Nevertheless, information frictions are only one explanation among others, not necessarily the most convincing. Because, the works evoked until then have not taken very much into account the difficulties relating to the ...

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An estimated financial accelerator model for small open African economies

An estimated financial accelerator model for small open African economies

... in African economies. Due to …nancial market imperfections, African countries borrow at a ...expose African economies to foreign interest rate shocks and exchange rate ...

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Non-Automatic Influence of Foreign Direct Investment (FDI) on Growth: Evidence From African Economies

Non-Automatic Influence of Foreign Direct Investment (FDI) on Growth: Evidence From African Economies

... including African economies has been often believed that foreign direct investment (FDI) is an engine that facilitates growth of their economies, simply because it is the most stable and largest set ...

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Effects of energy consumption, economic growth and population growth on carbon dioxide emissions: a dynamic approach for African economies (1990 2011)

Effects of energy consumption, economic growth and population growth on carbon dioxide emissions: a dynamic approach for African economies (1990 2011)

... Apart from Johnson (2015), Muftau, Iyoboyi and Ademola (2014), Arouri et al. (2014), Fawowe (2012), and Chali et al. (2010) none of the panel based studies, reviewed in this work, is completely on African ...

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The External Debt-Servicing Constraint and Public Expenditure Composition: Evidence from African Economies

The External Debt-Servicing Constraint and Public Expenditure Composition: Evidence from African Economies

... A number of studies have examined the relationship between government spending and revenues in developing countries (Bleaney, Gemmell and Greenaway 1995; Lim 1983), while others focus on the determinants of government ...

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The laffer curve and the debt growth link in low income Sub Saharan African economies

The laffer curve and the debt growth link in low income Sub Saharan African economies

... The study of the link between debt and growth has been full of debates, both in theory and empirics. However, there is a growing consensus that the relationship is sensitive to the level of debt. Our paper tries to ...

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Working Paper 139 - The Macroeconomic Impact of Higher Capital Ratios on African Economies

Working Paper 139 - The Macroeconomic Impact of Higher Capital Ratios on African Economies

... Moreover, similar to BCBS (2010b), a number of other possible long-term economic benefits and costs arising from higher capital ratios have not been taken into account. These include, among others: i) the possible ...

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Assessing alternative monetary policy frameworks and instruments in selected African economies

Assessing alternative monetary policy frameworks and instruments in selected African economies

... characterizing African economies and also stands in contrast to some studies, such as Sumner (2015) and Frankel (2014) who argue that the e¤ectiveness of this regime is dwarfed when supply or terms of trade ...

223

Globalisation, adjustment and the structural transformation of African economies?: the role of international financial institutions

Globalisation, adjustment and the structural transformation of African economies?: the role of international financial institutions

... Overall, my reading of this literature is that there has been no consistent evidence that adjustment has improved conditions in Africa (and as we have seen above, even the Bank has not been able to tell a consistent ...

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Accounting for the Rising Value Added in Services Compared to That in Agriculture in African Economies

Accounting for the Rising Value Added in Services Compared to That in Agriculture in African Economies

... advanced economies that have experienced secular declines in manufacturing employment and sectoral value added since the ...Asian economies whose striking growth performance in recent years has been ...

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What does FDI inflow mean for emerging african economies? Measuring the regional effects of FDI in Africa

What does FDI inflow mean for emerging african economies? Measuring the regional effects of FDI in Africa

... for African emerging economies? Are the determinants of FDI different for different regional blocs in Africa? This study reviews the implication of FDI for different regional blocs in ...many African ...

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Tiger, tiger, burning bright? industrial policy lessons from Ireland and East Asia for small African economies

Tiger, tiger, burning bright? industrial policy lessons from Ireland and East Asia for small African economies

... 3. View evaluation as a useful tool in its own right. This would involve adopting a proactive approach whereby evaluation would take place at the three stages of the industrial policy process: policy formulation (ex–ante ...

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A Co-Integration Analysis of Interest Rate Spread and Corporate Bond Market

Development in Selected African Economies

A Co-Integration Analysis of Interest Rate Spread and Corporate Bond Market Development in Selected African Economies

... developing economies. The ensuing reforms may have assisted many emerging economies on the part of relative finance–growth nexus ...Many African economies currently operate financial ...

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What Does FDI Inflow Mean For Emerging African Economies? Measuring the Regional Effects of FDI in Africa

What Does FDI Inflow Mean For Emerging African Economies? Measuring the Regional Effects of FDI in Africa

... for African emerging economies? Are the determinants of FDI different for different regional blocs in Africa? This study reviews the implication of FDI for different regional blocs in ...many African ...

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The role of financial market development in foreign direct investment and foreign portfolio investment in selected African economies

The role of financial market development in foreign direct investment and foreign portfolio investment in selected African economies

... to African economies is not necessarily resource-seeking was supported by Musonera, Nyamulinda and Karuranga (2010) who evaluated the institutional FDI fitness model in the East African Community ...

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Emigration of Skilled Labor under Risk Aversion: The Case of Medical Doctors from Middle Eastern and North African Economies

Emigration of Skilled Labor under Risk Aversion: The Case of Medical Doctors from Middle Eastern and North African Economies

... observed over the period 1991-2004 (table 2), all countries included in this analysis appear to be benefiting from brain gains in the area of medical doctors. This means that domestic medical education is operating such ...

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Monetary Policy and the Stock Price - Exchange Rate Nexus: New Insights from Influential African Economies

Monetary Policy and the Stock Price - Exchange Rate Nexus: New Insights from Influential African Economies

... global economies has made it possible for foreign investors and firms operating in a country to invest in other countries and become dividend entitled shareholders in those ...

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Foreign capital flows and economic growth in selected Sub-Saharan African economies

Foreign capital flows and economic growth in selected Sub-Saharan African economies

... eleven African countries including Kenya, Nigeria and South Africa concludes that NPEI flows have a positive but statistically insignificant effect on equity returns and economic ...

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Global Financial Crisis and African Economies  (With Sub Saharan Specifics)

Global Financial Crisis and African Economies (With Sub Saharan Specifics)

... the African Development Bank should increase their funding of productive (real) sectors of the ...the economies, as well as reduce their exposure to bail-out during ...productivity African ...

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