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This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset...
Persistent link: https://www.econbiz.de/10012102206
This paper investigates the costs and benefits of concluding double tax treaties with investment hubs. Based on a … sample of 41 African economies from 1985-2015, the results suggest that signing treaties with investment hubs is not … theoretical model, the paper investigates the role of treaty shopping in driving nominal investment flows and provides indirect …
Persistent link: https://www.econbiz.de/10011932412
Fragile states in sub-Saharan Africa (SSA) face challenges to respond to the effects of climate shocks and rising …
Persistent link: https://www.econbiz.de/10013169919
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to …-wide integration and the associated growth spillovers are discussed. Actions policymakers in sub-Saharan Africa can take to capture the …
Persistent link: https://www.econbiz.de/10012102160
actively pursued in Africa. The benefits of monetary union come from a more credible monetary policy, while the costs derive …
Persistent link: https://www.econbiz.de/10014402643
This paper highlights selected recent developments in the economies of sub-Saharan Africa. It notes that the outlook … need for higher savings and investment to sustain growth over the medium term. The paper also covers two aspects of … Africa region …
Persistent link: https://www.econbiz.de/10014398003
Economic stagnation in Sub-Saharan Africa (SSA) has led several economists to question the region’s ability to attain …
Persistent link: https://www.econbiz.de/10014399417
This paper surveys recent economic developments in countries in the African Department. In the aggregate, output growth continues to be sluggish, and it is expected that half of the countries will experience a declining income per capita in 1993. However, structural adjustment is making fast...
Persistent link: https://www.econbiz.de/10014398193
This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationarity, important econometric problems that...
Persistent link: https://www.econbiz.de/10014411399
Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The …
Persistent link: https://www.econbiz.de/10014411446