This study investigates the effect of immigration on Foreign Direct Investment in 21 African countries between 1990 and 2021. Using random effects, fixed effects, and heteroscedasticity-based identification methods in a dynamic panel model, we found that countries with higher levels of past...

This study investigates the critical role of structural transformation in African economies and its significance for inclusive growth, utilizing the African Transformation Index (ATI). The core focus is to understand how structural transformation influences economic growth and to highlight key...

Exploiting the economic dividends of the mega-infrastructure investments related to the Belt and Road Initiative as a timely global South-South cooperation model, this study follows the New Structural Economics theory to examine the effects of the BRI membership on Africa's industrialization. A...

Foreign direct investment serves as a cornerstone for economic development, particularly in lower- and middle-income countries, where it brings crucial capital, technology, and expertise. Despite institutional challenges in many African nations, there is controversy over the effects of...

Is there any possibility that foreign aid may negatively affect African social ties? To answer such a question, this paper examines the impact of local Chinese aid projects on social capital in Africa. China or Chinese contractors directly control or operate Chinese projects in Africa. This...

This paper examines the micro-level link between migrant remittances and state legitimacy. The paper argues that there are two theoretical channels through which remittances may ultimately erode state legitimacy. First, remittance income earners may use remittance income to bribe state...

The paper examines the impact of central bank regulatory policies on market power in Africa. The study presents a representative sample of 52 African economies over the period 2006-2020. The study shows that the individual regulatory policies of the central bank (i.e. monetary and...

This empirical study examines the role of information and communication technology (ICT) in the relationship between FDI and environmental quality for six leading African economies from 1970 to 2020. The second-generation tests are used to determine the stationarity level of the variables....

The study's main objective was to evaluate the link between anti-money laundering (AML) regulations and financial sector development (FSD) in Africa and to test the nonlinearities in the AML regulations-FSD nexus. Panel data of 51 African countries from the World Bank's indicators, the IMF, and...

The purpose of our study is to examine the Fishery-based Environmental Kuznets Curve (EKC) for a sample of 48 African countries between 1970-2019. We estimate cubic EKC-type models using quantile regression to account for distributional asymmetries existing in the time series data, and our...