This study examined the effects of structural change and environmental pollution on health expenditure, while controlling for globalization. A panel data from 1995 to 2019 for 115 countries was used, while the estimation of results was done based on the Driscoll-Kraay technique. The estimation...

This study pursues two main objectives. Firstly, we sought to unravel the key factors at the origin of the educational crisis in Cameroon. Second, we sought to identify the major causes of the mismatch between educational attainment and the job market. The study reveals the educational sector...

The purpose of this study is to investigate the effect of biocapacity and institutional quality on inclusive human development in Sub-Saharan Africa. Using system-GMM on a sample of 39 countries, it is found that institutional quality increases inclusive human development and all its components....

This paper integrates a previously missing wealth-effect component in the openness-finance debate. From a panel of 29 low and middle income African countries with data spanning from 1987 to 2008, we provide evidence that openness (trade and financial) triggers less bank efficiency in low income...

Purpose - This work seeks to investigate post-crisis measures banks have adopted in a bid to manage liquidity risk. It is based on the fact that the financial liquidity market was greatly affected during the recent economic turmoil and financial meltdown. During the crisis, liquidity risk...

Purpose - Our generation is witnessing the greatest demographic transition and Africa is at the heart of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. I examine the issues in this paper from a long-run perspective by assessing the...

Our generation is experiencing the greatest demographic transition and Africa is at the center of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. We examine the issues in this paper from a long-run perspective by assessing the relationships...

The recent waves of political crises in Africa and the Middle East have inspired the debate over how political instability could pose a risk of financial contagion to emerging countries. With retrospect to the Kenyan political crisis, our findings suggest stock markets in Lebanon, Mauritius were...

Financial integration among economies has the benefit of improving allocation efficiency and diversifying risk. However the recent global financial crisis, considered as the worst since the Great Depression has re-ignited the fierce debate about the merits of financial globalization and its...

Financial development indicators are often applied to countries/regions without taking into account specific financial development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development context. This paper introduces complementary...