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The objective of the paper is to evaluate whether there is a change in the level or trend of food prices in fragile countries following the Covid-19 pandemic and the Russia-Ukraine war. The empirical evidence is based on Interrupted Time Series Analysis. The following findings are established....
Persistent link: https://www.econbiz.de/10013357154
Purpose - A major lesson of the EMU crisis is that serious disequilibria in a monetary union result from arrangements not designed to be robust to a variety of shocks. With the specter of this crisis looming substantially and scarring existing monetary zones, the present study has complemented...
Persistent link: https://www.econbiz.de/10011409990
Purpose - While in developed economies, changes in monetary policy affect real economic activity in the short-run but only prices in the long-run, the question of whether these tendencies apply to developing countries remains open to debate. In this paper, we examine the effects of monetary...
Persistent link: https://www.econbiz.de/10011410030
When commodity prices rise in international markets, Africa's economic performance scarcely improves, and when … Africa's energy transition (ET). Data is obtained for 53 African countries between 2000 and 2020, with the Driscoll and Kraay … and Panel VAR regression procedures used. The results reveal that oil price shocks have an adverse influence on Africa …
Persistent link: https://www.econbiz.de/10014390263
using a global sample of 150 countries which are categorized into four principal regions, namely: Africa, Asia-Pacific and …
Persistent link: https://www.econbiz.de/10012294987
-19 pandemic. The focus is on a global sample of 150 countries divided into four main regions, namely: Africa, Asia …
Persistent link: https://www.econbiz.de/10012301761
This chapter examines how the Covid-19 pandemic has affected financial development and financial inclusion in African countries. The study provides both broad perspectives and country-specific frameworks based on selected country cases studies. Some emphasis is placed on the achievement of...
Persistent link: https://www.econbiz.de/10012798307
This study evaluates the economic impact of severe natural disasters in Africa using the generalized synthetic control …
Persistent link: https://www.econbiz.de/10012799847
This paper measures the macroeconomic impact of recent political crisis, protest and uprisings in Africa with the … counterfactual is negative, instantaneous, persistent and highly significant; indicating non-negligible costs of the shock. Indeed …
Persistent link: https://www.econbiz.de/10012650707
The study gives an overview of the socio-economic consequences and implications of the COVID- 19 outbreak in Africa …-economic crises in Africa could further degenerate. What remains salient is that the huge economic costs would be borne by regions …
Persistent link: https://www.econbiz.de/10012404424