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Foreign aid instability and bundled governance dynamics in Africa
Simplice, Asongu; Nwachukwu, Jacinta C. - 2015
Purpose- With the recent financial crisis and reduction of foreign aid by donor countries, the aid-institutions debate is shifting to how aid instability affects governance in developing countries. We engage the policy debate by assessing the role of foreign aid instability on governance...
Persistent link: https://www.econbiz.de/10011596331
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Foreign Aid and Inclusive Development: Updated Evidence from Africa, 2005-2012
Asongu, Simplice; Nwachukwu, Jacinta C. - 2015
dynamics on inequality adjusted human development. Contemporary and non-contemporary OLS, Fixed-effects and a system GMM … implications are discussed in the light of the post-2015 development agenda. We also provide some recommendations for a rethinking … of theories and models on which development assistance is based. …
Persistent link: https://www.econbiz.de/10011596335
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Foreign Aid Fiscal Policy: Theory and Evidence
Asongu, Simplice; Jellal, Mohamed - 2015
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011596336
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Political Regimes and Stock Market Performance in Africa
Asongu, Simplice; Nwachukwu, Jacinta C. - 2016
levels of financial market development compared to their counterparts with autocratic inclinations. As a policy implication … quality of public offices that favour stock market development on the African continent. …
Persistent link: https://www.econbiz.de/10011596348
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The White Man’s Burden: On the Effect of African Resistance to European Domination
Kodila-Tedika, Oasis; Asongu, Simplice; Cinyabuguma, … - 2016
Are there contemporary development effects of African resistance to European domination? This question is the primary … development and discuss possible channels of such causality. This relationship is robust to alternative model and to controlling …
Persistent link: https://www.econbiz.de/10011596352
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Law, Politics and the Quality of Government in Africa
Asongu, Simplice; Nwachukwu, Jacinta C. - 2016
This paper examines interconnections between law, politics and the quality of government in Africa. We investigate whether African democracies enjoy relatively better government quality compared to their counterparts with more autocratic inclinations. The empirical evidence is based on...
Persistent link: https://www.econbiz.de/10011596355
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Is the Threat of Foreign Aid Withdrawal an Effective Deterrent to Political Oppression? Evidence from 53 African Countries
Asongu, Simplice; Nwachukwu, Jacinta C. - 2016
This study complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities and the post-Berlin Wall period. The findings show that while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate...
Persistent link: https://www.econbiz.de/10011596356
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Welfare Spending and Quality of Growth in Developing Countries: A Note on Evidence from Hopefuls, Contenders and Best Performers
Asongu, Simplice; Nwachukwu, Jacinta - 2016
The transition from the Millennium Development Goals (MDGs) to Sustainable Development Goals (SDGs) has shifted the …
Persistent link: https://www.econbiz.de/10011596364
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PhD by Publication as an Argument for Innovation and Technology Transfer: with Emphasis on Africa
Asongu, Simplice; Nwachukwu, Jacinta C. - 2016
between the doctoral education, innovation, technology transfer and development catch-up. Implications for scientific research … regions of the world. This paper presents an argument in favour of PhD by Publication as a tool for innovation and technology … transfer. Building on the literature on the key role of a knowledge economy in 21st century development and catch-up processes …
Persistent link: https://www.econbiz.de/10011596366
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Unjust Enrichment from Official Corruption in Africa: Theory and Model on how Lenders have benefited
Asongu, Simplice; Nwachukwu, Jacinta C. - 2016
A 2015 World Bank report on the achievement of Millennium Development Goals (MDGs) revealed that since the 1990s …’ postulates that: (i) one unit of currency deposited abroad represents a loss in financial development at home (ii) a fraction of …
Persistent link: https://www.econbiz.de/10011596370