Managers of retail chains who seek to add new stores or close existing ones need to know the net impact of a store's opening/closure on the overall chain performance. This requires inferring the extent to which each store generates incremental sales as opposed to competing with other stores...

Entrepreneurs, even more than employees, tend to locate in regions in which they have deep roots ("home" regions). Here, we examine the performance implications of these choices. Whereas one might expect entrepreneurs to perform better in these regions because of their richer endowments of...

We formalize the idea that when managers require external investment to expand, higher-skilled firms will be more likely to diversify in equilibrium, even though managers can exploit asymmetric information about their ability to raise capital from investors. We exploit the timing of new fund...

The relationship between the Arabian Gulf and the African continent is a long standing one. In this paper we will examine the recent history of trade between the countries of the Gulf Cooperation Council and African countries and its potential impact on industrialization. We will briefly discuss...

population in the management of PHC

This address highlights how Africa can take advantage of the current wave of globalization to accelerate its development efforts. The central theme is that African countries should not be afraid to open up their economies to globalization because openness confers several benefits, including...

The image of Arabs in East Africa has been forged through economic and social relations dating back many centuries, but particularly since the rise of the Omani Arab Sultanate of Zanzibar in the 19th century and the British decision to replicate that social order along the coastal strip of...

The first decade having followed its accession to the international sovereignty in 1960, the Senegalese economy went relatively well. The economic health of the country began to only deteriorate in the 70s and the series of plans and development programs (economic and financial recovery Plan in...