Showing 1 - 10 of 262
The paper examines the relationship between conflict and entrepreneurial activity in Afghanistan, drawing upon a unique data set, the National Risk and Vulnerability Assessment household survey 2005. Afghanistan is severely underdeveloped and poor. Conflict has persisted in vast swathes of the...
Persistent link: https://www.econbiz.de/10008660879
poor growth in sub-Saharan Africa during post-independence. The current article employs the unique data and insights …
Persistent link: https://www.econbiz.de/10009690745
This paper develops a model of opportunistic behaviour in which an incumbent government resort to expansionary fiscal and/or monetary stimuli to foster economic growth and thus, maximize the probability of re-election. Using a panel dataset of 51 African countries covering the period 1980 to...
Persistent link: https://www.econbiz.de/10010425074
African countries have sought to replicate the success of East Asia by implementing special economic zones. Despite decades of international experience, there remains no blueprint for successful special economic zone policies, and the majority of special economic zones fall well below...
Persistent link: https://www.econbiz.de/10010434534
In the light of Mozambique's natural resources boom-especially its large-scale investments in mining, oil, and gas-this paper analyses the prospects for the extractive industries to contribute to economic transformation from an institutional perspective. To this purpose, we address the...
Persistent link: https://www.econbiz.de/10012301838
In many low-income transition countries, where formal institutions such as courts do not function effectively, informal institutions are often used by firms to minimize transaction risks. We examine the role of informal institutions, in the forms of relational contracting and social networks, in...
Persistent link: https://www.econbiz.de/10012216455
Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … of diversification in Africa's economies-in contrast to Asia's success stories. Structural adjustment did not change the … manufacturing and service clusters, Africa is yet to follow East Asia in integrating with the global economy in ways that add value …
Persistent link: https://www.econbiz.de/10011396968
expended to develop capacity in Africa with mixed results. This paper provides a working definition of capacity that is …
Persistent link: https://www.econbiz.de/10010253380
transformation in Africa, focusing on sectoral output shares, sectoral employment shares, and the relative labour productivity of … sectors. We find that Africa is gradually advancing towards structural transformation but at a very slow speed. The empirical …
Persistent link: https://www.econbiz.de/10014427588
As Africa continues to attract record numbers of international arrivals, there are industry undercurrents that …
Persistent link: https://www.econbiz.de/10011592934