The study examines the role of global predictors on national monetary policy formation for Kenya and Ghana within the New Keynesian DSGE framework. We developed and automatically calibrated our DSGE model using the Bayesian estimator, which made our model robust to rigorous stochastic number of...

In this paper, we contribute empirically to the debate on the legitimacy of the African Union by exploring the question on whether individual opinions in support of African integration are sensitive to macroeconomic fluctuations? For this purpose, we use the 4th, 5th, 6th and 8 thAfrobarometer...

We employ interactive quantile regressions to assess conditional linkages between foreign aid, iron ore exports and terrorism from a panel of 78 developing countries for the period 1984-2008. The following main findings are established. First, it is primarily in the countries with the highest...

This study checks the effect of foreign aid on terrorism and FDI, conditioned on domestic levels of corruption-control (CC). The empirical evidence is based on a sample of 78 countries for the period 1984-2008. The following findings are established: the negative effect of terrorism on FDI is...

The literature has not sufficiently engaged the emergence and expansion of the phenomenon of Slave export. This article contributes to the existing stream by examining the role of human capital or intelligence on slave exports. We postulate and justify a reasonable hypothesis that countries...

This study investigated the sustainability of global tourism in 163 countries for the period 2010 to 2015. Given the richness of the data-set, the data has been decomposed into 11 fundamental characteristics based on income levels, legal origins and openness to the sea. The empirical evidence...