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...

In this paper, we ask if the convergence in policies leads to a convergence in growth dynamics for MENA countries. We first show that FDI promotion policies have been very similar in the South East Mediterranean countries during the last decade. Then, we try to find clubs of convergence in this...

Since the 1960s, both the regime of Reza Pahlavi (1941-1979) and, subsequently starting from 1979 the Islamic Republic of Iran, have intervened in sub-Saharan Africa (SSA). While the Chah's policies were motivated by a virulent anti-communist stance, the Islamic Republic of Iran (IRI) pursued a...

This document examines Madagascar's economic potential and business environment to guide foreign investors toward high-growth sectors. Based on PESTEL and SWOT analyses using the World Bank's Business Ready report, it highlights key advantages: streamlined business registration, low operational...

ABSTRACT & RÉSUMÉ : Every three years, the AU-EU summit reunites African and EU leaders to outline the future direction of cooperation. The 6th summit had been to reaffirm and renew the partnership between the two blocks already in October 2020, but it was pushed back to the first quarter of...

ABSTRACT & RÉSUMÉ & ZUSAMMENFASSUNG : Dark clouds over the EU-Africa Summit 2021 in view of Brexit and Corona --- Every three years, the AU-EU summit reunites African and EU leaders to outline the future direction of cooperation. The 6th summit had been to reaffirm and renew the partnership...

Le continent africain devient de plus en plus un champ de bataille dans la course entre les superpuissances pour l'accès aux minéraux essentiels à la « révolution verte », tels que les minéraux des terres rares (REE). Les entreprises chinoises, américaines et russes jouent un rôle...

Artificial Intelligence (AI) has been embraced enthusiastically by Africans as a new resource for African development. AI could improve well-being by enabling innovation in business, education, health, ecology, urban planning, industry, etc. However, the high expectations could be little more...

ABSTRACT & RÉSUMÉ : Digitalization in Sub-Saharan Africa enhanced the accessibility of communications by the majority of the poor who had been excluded among others from social media, independent information channels, mobile banking and e-commerce. The creation of new economic opportunities,...