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Exchange rate volatility and tax revenue: Evidence from Ghana

Ofori, Isaac Kwesi; Obeng, Camara Kwasi; Armah, Mark Kojo - In: Cogent Economics & Finance 6 (2018) 1

The need for the Ghanaian government to generate enough revenue for development is becoming increasingly crucial in this era of slow growth, growing unemployment, and high debt. However, tax revenue performance over the years reveals an unstable pattern. One key factor that has been overlooked...

Persistent link: https://www.econbiz.de/10012435772

Financial development, remittances and economic growth: A threshold analysis

Peprah, James Atta; Ofori, Isaac Kwesi; Asomani, Abel Nyarko - In: Cogent Economics & Finance 7 (2019) 1

Sources of economic growth in Ghana have not been clear. Several studies have contributed to the finance and growth literature with little attention on remittances and the joint effect of financial sector development and remittances. This paper uses macrodata to examine the linkages between...

Persistent link: https://www.econbiz.de/10012435773

Towards efforts to enhance tax revenue mobilisation in Africa: Exploring synergies between industrialisation and ICTs

Ofori, Isaac Kwesi; Ofori, Pamela E.; Asongu, Simplice - 2021

agreement, and the expected rebound of foreign direct investment inflow to Africa from 2022, this study examines the joint … effects of industrialisation and ICT diffusion on resource mobilisation in Africa. To this end, we use data on 42 African … services tax (GST), and (ii) profits, corporate and income tax (PCIT) mobilisation efforts in Africa, the effects of the former …

Persistent link: https://www.econbiz.de/10012801027

Addressing the severity and intensity of poverty in Sub-Saharan Africa: How relevant is the ICT and financial development pathway?

Ofori, Isaac Kwesi; Armah, Mark Kojo; Taale, Francis; … - 2021

severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Bank's World Development Indicators …

Persistent link: https://www.econbiz.de/10012801033

What drives financial sector development in Africa? Insights from machine learning

Ofori, Isaac Kwesi; Quaidoo, Christopher; Ofori, Pamela E. - 2021

This study uses machine learning techniques to identify the key drivers of financial development in Africa. To this end … literacy are crucial for financial sector development in Africa. Evidence from the Partialing-out lasso instrumental variable … institutional effectiveness are remarkable in spurring financial sector development in Africa. Policy recommendations are provided …

Persistent link: https://www.econbiz.de/10012801040

Towards the quest to reduce income inequality in Africa: Is there a synergy between tourism development and governance?

Ofori, Isaac Kwesi; Dossou, Toyo A. M.; Akadiri, Seyi - 2021

Africa, the effect of the former is amplified in the presence of quality economic, political and institutional governance …. Particularly, we find that control of corruption and political stability are keys for propelling Africa’s tourism sector to … Aspirations 1 and 3 of Africa’s Agenda 2063. …

Persistent link: https://www.econbiz.de/10012872977

Bridging Africa's income inequality gap: How relevant is China's outward FDI to Africa?

Ofori, Isaac Kwesi; Dossou, Toyo A. M.; Asongu, Simplice; … - 2021

In line with the SDG 10 and Aspiration 1 of Africa's Agenda 2063, this study examines whether: (i) the remarkable … inflow of Chinese FDI to Africa matters for bridging the continent's marked income inequality gap, (ii) Africa …'s institutional fabric is effective in propelling Chinese FDI towards the equalisation of incomes in Africa, and (iii) there exist …

Persistent link: https://www.econbiz.de/10012872983

Repackaging FDI for inclusive growth: Nullifying effects and policy relevant thresholds of governance

Ofori, Isaac Kwesi; Asongu, Simplice - 2022

This study examines whether the remarkable inflow of resources in the form of foreign direct investment (FDI) to SSA contributes to inclusive growth in the region. The study further investigates whether SSA's institutional fabric modulates the effect of FDI on inclusive growth in SSA. To this...

Persistent link: https://www.econbiz.de/10013330044

Foreign direct investment, governance and inclusive growth in sub-Saharan Africa

Ofori, Isaac Kwesi; Asongu, Simplice - 2021

Motivated by the projected rebound of foreign direct investment (FDI) inflow to sub-Saharan Africa (SSA) following the … implementation of the AfCFTA and the finalization of the Africa Investment Protocol, we examine how FDI modulates the effects of …

Persistent link: https://www.econbiz.de/10012652999

Towards efforts to enhance tax revenue mobilisation in Africa: Exploring the interaction between industrialisation and digital infrastructure

Ofori, Pamela Efua; Ofori, Isaac Kwesi; Asongu, Simplice - 2022

agreement, and the expected rebound of foreign direct investment to Africa from 2022, this study examines the joint effects of … industrialisation and digital infrastructure on resource mobilisation in Africa. To this end, we mine data for 42 African countries for …) mobilisation efforts in Africa, the effects of the former is rather remarkable in the presence of the latter. Particularly, we find …

Persistent link: https://www.econbiz.de/10014278330