We consider a model of open economy with a culture of spirit of capitalism. As a first step, we show that the entry of foreign capital flows can support an endogenous economic growth of the host country. Further, our model shows a positive correlation between the entry of foreign direct...

English Abstract: [Social Agency matters! - African and Chinese entrepreneurs as agents of change] - The book reviewed, edited by Laurence Marfaing and Karsten Giese, documents a research project, on-going since six years, at the German Institute of Global and Area Studies (GIGA-Hamburg) which...

ABSTRACT & RÉSUMÉ & ZUSAMMENFASSUNG : The decision of African leaders on the creation of an African Continental Free Trade Area (AfCFTA) in 2018 was not merely a political decision with economic implications. It has significant and complex ethical dimensions too. This, not only concerning a...

ABSTRACT & RÉSUMÉ & ZUSAMMENFASSUNG : Throughout history, nothing has killed more human beings than infectious diseases. Although, death rates from pandemics dropped globally by about 0.8 % per year, all the way through the 20th century, the number of new infectious diseases like Sars, HIV and...

This paper shows that social interactions can induce families of migrants to care about hierarchical social status because it serves as a signal device of non-observable income. Hence , a concern for social status induces theses families to engage in conspicuous consumption in order to signal...

French Abstract: La décision des dirigeants africains de créer une zone de libre-échange continentale africaine (ZLECA) en 2018 n'était pas simplement une décision politique ayant des implications économiques. Il comporte également des dimensions éthiques importantes et complexes. Cela...

Migrant remittances tend to be more stable, unlike other sources of external financing, making remittances a reliable source for developing countries. Thus, despite the upward trend in remittances, stock markets in developing countries are generally characterized by high volatility. This study...

[Water, a blessing and a curse: how to resolve water conflicts in West Africa?] - For many Africans, water is not only the source of life but also a means of purification and a centre of regeneration. Water rituals and cults, such as 'Mami Wata’, lead their followers to liberation of body and...