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empirical results firstly reveal that democracy increases peace in Africa, particularly in countries where the initial level of … peace is at its highest level. Secondly, militarisation of Africa reduces peace in the region only in countries where the … initial level of peace is at its highest level. Thirdly, the influence of governance on peace in Africa depends majorly on the …
Persistent link: https://www.econbiz.de/10012242084
We argue that there exists an indirect link between globalization and the knowledge economy of African countries in which globalization influences 'peace and stability' and peace and stability affects governance, and through governance the knowledge economy. We model the link as a three-stage...
Persistent link: https://www.econbiz.de/10011638887
Persistent link: https://www.econbiz.de/10003336365
The objective of this paper is to examine the main features of optimal monetary policy cooperation within a micro-founded macroeconometric framework. First, using Bayesian techniques, we estimate a two-country dynamic stochastic general equilibrium (DSGE) model for the United States (US) and the...
Persistent link: https://www.econbiz.de/10003750046
The paper shows that central bank communication is a key determinant of the market's ability to anticipate monetary policy decisions and the future path of interest rates. Comparing communication policies by the Federal Reserve, the Bank of England and the ECB since 1999, we find that...
Persistent link: https://www.econbiz.de/10003209188
Persistent link: https://www.econbiz.de/10001389743
Persistent link: https://www.econbiz.de/10012505496
This paper examines interconnections between law, politics and the quality of government in Africa. We investigate …
Persistent link: https://www.econbiz.de/10011496387
demonstrated trend of infrastructures in Africa in terms of stocks and future need is unique compared to the rest of the world. The … development in Africa. The results through the system GMM and Quantile Regression techniques show that women’s political … inclusion enhances infrastructural development in Africa. The result is robust across different measures of infrastructures and …
Persistent link: https://www.econbiz.de/10013041380