At the end of the Cold War the west imposed economic "shock therapy" on the countries of the former Soviet Union to rapidly turn the communists into capitalists, creating oligarchs. One of the few Africa countries where shock therapy was imposed was Mozambique. Shock therapy was intended to push...

Recent years have seen a significant improvement in the economic performance of some African countries. The resulting increased dispersion in income levels across Africa, combined with the pertinence of detecting regional role models renders an intra-African analysis more attractive. In this...

This paper contributes to the aid effectiveness debate by applying a vector autoregression model to a panel of Sub-Saharan African countries. This method avoids the need for instrumental variables and allows one to analyse the impact of foreign aid on human development and on economic...