This book examines key determinants of private sector development in West Africa, putting special emphasis on government’s cardinal role in fostering and supporting entrepreneurship. Favorable macroeconomic conditions are identified and it is shown that adequate policies that contribute to...

This textbook examines corruption through a macroeconomic lens, exploring the relationship between corruption, fiscal policy, and political economy. The book merges macroeconomic growth models with elements of political economic theory to address important applied topics such as income...

Einführung -- Wirtschaft und Infrastruktur in Sub-Sahara Afrika.- Wirtschaft und Infrastruktur in Westafrika -- Sonstige Einflussfaktoren auf die Logistiksituation in Westafrika -- Erwartete Entwicklung der Rahmenbedingungen für Logistik -- Implikationen für die Distributionslogistik in...

Based on migration dynamics in the Southern African Development Community (SADC) region, this edited volume focuses on the activities of grassroots and informal non-state actors. The authors explore cross-border economic activities, migration governance issues, the regional integration project...

Policy-makers in Southern Africa are increasingly convinced that regional trade liberalization can improve growth performance and stimulate development throughout the region. To succeed where previous attempts have failed, however, governments must address two key issues. The first of these is...

This book proposes a method for calculating China’s debt based on a quantitative econometric analysis. This is conducted by measuring the relationship between China’s debt size and economic growth. The conclusion that is reached is as follows: China’s current debt has already exceeded the...

Today, the most pressing challenges for public economics are of macroeconomic nature: pensions, debt, income distribution, and fiscal sustainability. All these problems are compounded by the phenomenon of demographic transition and aging. This graduate textbook addresses these issues with the...

Sovereign Debt and Credit Rating Bias rejects the notion that credit rating agencies' rigorous and transparent determination of ratings leaves no room for bias, and debunks the myth that the value CRAs place on their reputational capital precludes prolonged biases. To determine the extent of...

This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the...

This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European Economic and Monetary Union (EMU). In particular, the authors characterize the response of output to fiscal consolidations and expansions in the small Euro-area open economies...