Using the framework of endogenous growth models which seeks to explain sustained long term growth across countries and over time as a basis, this paper empirically analyzes the determinants of long term growth in selected African countries during 1970-91. The most important explanatory variables...

The recent advances in information technology are becoming central to the process of socio-economic development. Information technology offers new ways of exchanging information, and transacting business, changes the nature of the financial and other service sectors and provides efficient means...

The global financial system has witnessed rapid growth and substantial structural change duringthe last ten years leading to globalisation of financial markets. The integration of financial markets hasaccentuated the rapid flow of capital across borders as well as magnified the contagious...