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Rational asymmetric development, Piketty and poverty in Africa

Asongu, Simplice; Nwachukwu, Jacinta C. - 2016

An April 2015 World Bank report on the Millennium Development Goal poverty target has revealed that extreme poverty has … been decreasing in all regions of the world with the exception of Africa. This study extends the implications of Thomas … development increases and Africa may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive …

Persistent link: https://www.econbiz.de/10011548648

Is the threat of foreign aid withdrawal an effective deterrent to political oppression? : evidence from 53 African countries

Asongu, Simplice A.; 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/10011496393

Foreign aid volatility and lifelong learning: demand-side empirics to a textual literature

Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2015

learning in Africa. Practical implications- As a policy implication, when faced with aid uncertainty, the demand for education …

Persistent link: https://www.econbiz.de/10011408497

On the dynamic effects of foreign aid on corruption

Asongu, Simplice A. - 2015

We assemble more pieces on the puzzle of the aid-corruption nexus. In essence, we extend the debate on the effect of foreign aid on corruption by providing evidence on dynamic effects of wealth, legal origin, religious-domination, regional proximity, openness to sea, natural resources and...

Persistent link: https://www.econbiz.de/10011408498

Rational asymmetric development, Piketty and the spirit of poverty in Africa

Asongu, Simplice A. - 2015

The study extends the implications of Piketty's celebrated literature from developed countries to the nexus between developed nations and African countries by building on responses from Rogoff (2014) & Stiglitz (2014), post Washington Consensus paradigms and underpinnings from Solow-Swan &...

Persistent link: https://www.econbiz.de/10011408865

Foreign aid and governance in Africa

Asongu, Simplice A.; Nwachukwu, Jacinta C. - 2014

influence the election and replacement of political leaders in Africa may have insignificant results. It is time to solve the … paper extends the debate on foreign aid and institutions in Africa in the light a plethora of recent studies in the aid …

Persistent link: https://www.econbiz.de/10011409152

Foreign aid, investment and fiscal policy behavior : theory and empirical evidence

Asongu, Simplice A.; Jellal, Mohammed - 2014

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/10011409169

A brief clarification to the questionable economics of foreign aid for inclusive human development

Asongu, Simplice A. - 2014

the post-2015 development agenda. We also provide some recommendations for a rethinking of theories and models on which …

Persistent link: https://www.econbiz.de/10011409176

Foreign aid and corruption : clarifying murky empirical conclusions

Efobi, Uchenna Rapuluchukwu; Beecroft, Ibukun; Asongu, … - 2014

This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing heterogeneity dimension of aid. The relationship was estimated using dynamic system GMM and quantile regressions (QR). Results show that both narratives in the debate are...

Persistent link: https://www.econbiz.de/10011409208

Taxation, foreign aid and political governance : figures to the facts of a celebrated literature

Asongu, Simplice A. - 2014

, natural resources and landlockeness. While the Eubank hypothesis is invalid in baseline Africa, low-income and English common …

Persistent link: https://www.econbiz.de/10011409237