different groups are exposed to economic risk. As the ESI derives from a data-independent conceptual foundation, it can be …

by sub-regions, the magnitude of the colonial vestige in Africa is a significant determinant of emigration flows. Overall …

but positive in Africa. We suggest that amongst reasons why African women behave differently are that the conventional … non-employment. In Africa, there is a decline in paid employment which overwhelms the rise in self-employment and this is …

Africa. Five challenges resulting from this crisis are identified: a production challenge, an underutilization challenge, a …

In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most … sector countries are concentrated in Western Africa (Cote d'Ivoire, Guinea, Niger, Senegal and Togo), Central Africa … (Cameroun, Republic of Congo) and Eastern Africa (Kenya, Sudan, Uganda and Tanzania), with the addition of Mauritius. Countries …

risk do not appear to explain these distributional patterns. …

), have been studied relatively less, especially in Africa which remains the most vulnerable continent to CC. We focus on Lake …. For Cameroon, Chad, Nigeria, and Niger – 25% of sub-Saharan Africa's population –, we construct a novel data set tracking …

exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …