This paper examines the bidirectional relationship between sustainability and outreach of microfinance institutions … (MFIs) in the MENA region, using unbalanced panel data regression during the period from 1999 to 2018. The simultaneous … equation model (SEM) is used based on the 2SLS regression considering endogeneity problem between sustainability and outreach …

In the first part of the paper we look at economic growth in Africa over the past three decades. We divide the past … growth rates for Africa and several individual countries. We use the Hodrick-Prescott filter with different values for the … the growth rates of GDP trend. For Africa as a hole and for most countries we find relatively low trend growth rates until …

indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … homogenous panels based on regions (Sub-Saharan and North Africa), income-levels (low, middle, lower-middle and upper …

services on growth. Causality analysis is performed with seven financial development and three growth indicators in the …

After more than a decade of economic decline and civil war, Uganda was able to return to economic growth thanks to the …

Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and … sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between 1975 … and 2005 the size, diversity and sophistication of industry in Africa have all declined. An industrialization strategy …

This paper begins by noting that Uganda has been a public sector reform leader in Africa. It has pursued reforms …' in Africa (and beyond). The problem is that many of the reforms have been limited to these kinds of gains - producing new …