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This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011264823
Our generation is experiencing the greatest demographic transition and Africa is at the center of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. We examine the issues in this paper from a long-run perspective by assessing the relationships...
Persistent link: https://www.econbiz.de/10008924835
Our generation is experiencing the greatest demographic transition and Africa is at the center of it. There is mounting concern over rising unemployment and depleting per capita income accruing there-from. We look at the issue in this paper from a long run perspective by examining the nature of...
Persistent link: https://www.econbiz.de/10011109093
The role of Africa in world demographic change is primary and consequences on future investment dynamics could provide some insight on how unemployment, economic migration and other issues resulting there-from could be addressed. Using Johansen and Granger-causality models on data from 1977 to...
Persistent link: https://www.econbiz.de/10011109844
of indigenous entrepreneurs. This paper therefore argued for the provision of comprehensive innovation policy, in which … (competitive) obstacles to innovation; and strengthening the knowledge base through investment in education, research and …
Persistent link: https://www.econbiz.de/10008876897
innovation. Moreover, given these challenges, achieving rates of GDP per capita change that result in an increase in average … income over a long period will demand an emphasis on and adoption of technological innovation and R&D, as well as … require not only institutional and structural adjustments and technological innovation and adoption but also a culture of …
Persistent link: https://www.econbiz.de/10005790397
generates very poor gross domestic products. To reverse this trend, African countries must build innovation-based economies …
Persistent link: https://www.econbiz.de/10009294580
The remarkable influx of Chinese migrant entrepreneurs in different West African countries in recent years has been met with growing resistance by established local entrepreneurs. Whether the former have a competitive edge over the latter because of distinctive socio-cultural traits, or whether...
Persistent link: https://www.econbiz.de/10008568371