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Law, Economic Growth and Human Development: Evidence from Africa
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011
-law countries provide for better legal systems that improve conditions for economic growth and human development than French civil …-law countries. Portuguese civil-law countries lie between the French-speaking and North African countries, while French sub …-Saharan Africa is slightly below the average of Francophone Africa. As a policy implication, results support the benefits of the rule …
Persistent link: https://www.econbiz.de/10010862076
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Development thresholds of foreign aid effectiveness in Africa
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2012
are necessary for the effectiveness of foreign aid in Africa. Design/methodology/approach – The panel quantile regression …
Persistent link: https://www.econbiz.de/10010862077
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Deforestation and Welfare: Evidence from Africa
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011
This paper examines the effects of deforestation on the welfare of rural communities in the Congo Basin. Using moment conditions of agricultural and forest exploitations, findings indicate deforestation significantly improves welfare both at overall-rural and agricultural household per capita...
Persistent link: https://www.econbiz.de/10010862078
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How would monetary policy matter in the proposed African monetary unions? Evidence from output and prices
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2013
We analyze the effects of monetary policy on economic activity in the proposed African monetary unions. Findings broadly show that: (1) but for financial efficiency in the EAMZ, monetary policy variables affect output neither in the short-run nor in the long-term and; (2) with the exception of...
Persistent link: https://www.econbiz.de/10010862079
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Correcting inflation with financial dynamic fundamentals: which adjustments matter in Africa?
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2013
This paper assesses the adjustment of inflation with financial dynamic fundamentals of money (financial depth), credit (financial activity) and efficiency. Three main findings are established. (1) There are significant long-run relationships between inflation and the fundamentals. (2) The error...
Persistent link: https://www.econbiz.de/10010862080
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Fighting African capital flight: timelines for the adoption of common policies
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2013
This paper provides an exhaustive assessment of feasible horizons for policy harmonization against African capital flight. The empirical evidence is based on a methodological innovation on common policy initiatives and the results are premised on 15 fundamental characteristics of African capital...
Persistent link: https://www.econbiz.de/10010862081
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Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2014
This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in...
Persistent link: https://www.econbiz.de/10010862083
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The Economic Consequences of China-Africa Relations: Debunking Myths in the Debate
Asongu, Asongu Simplice; Aminkeng, Aminkeng Gilbert - African Governance and Development Institute (AGDI) - 2013
This study dissects with great acuteness some of the big questions on China-Africa relations in order to debunk … direction of China-Africa relations. In the mean, the relationship from an economic standpoint is promising and encouraging but …
Persistent link: https://www.econbiz.de/10010862084
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Fighting consumer price inflation in Africa. What do dynamics in money, credit, efficiency and size tell us?
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2012
Purpose – The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the past decade. Design/methodology/approach –...
Persistent link: https://www.econbiz.de/10010862086
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How would population growth affect investment in the future? Asymmetric panel causality evidence for Africa
Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011
Our generation is experiencing the greatest demographic transition and Africa is at the center of it. There is mounting …
Persistent link: https://www.econbiz.de/10010862088