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The Role of Capital Accumulation, Adjustment and Structural Change for Economic Take-Off : Empirical Evidence from African Growth Episodes
Soderling, Ludvig; Berthelemy, Jean-Claude - 1999
In this article, we analyze extended periods of growth in Africa based on panel estimations from 27 African countries during the 1960-1996 period. Our main conclusion is that sustainable growth needs to be based on a balanced mix of capital accumulation, macroeconomic adjustment and structural...
Persistent link: https://www.econbiz.de/10014185934
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Law and investment in Africa
Asongu, Simplice A. - 2011
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of … North African) have influenced a plethora of investment dynamics (domestic, foreign, private and public). The dominance of …
Persistent link: https://www.econbiz.de/10011410380
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The Impacts of the World Bank and IMF Structural Adjustment Programmes on Africa : The Case Study of Cote D'Ivoire, Senegal, Uganda, and Zimbabwe
Kingston, Kato Gogo - 2016
The impact of the policies advocated by the World Bank and the International Monetary Fund (IMF) in Africa are under increased scrutiny. African scholars and international NGOs concerned with Africa's development have asked whether the policies imposed by the World Bank and IMF in Africa have...
Persistent link: https://www.econbiz.de/10013008122
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Africa's Incomplete Cycles of Development
Mahuni, Kenneth; taru, josiah; Bonga, Wellington Garikai - 2021
Juxtaposing qualitative as well as quantitative facts across the broader African continent, the authors explore critical issues compounding developmental woes of the continent at the present. Despite the facts being on the fringes as explanations to the sluggish development of Africa, the...
Persistent link: https://www.econbiz.de/10013249417
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Assessing Asia : Sub-Saharan Africa global value chain linkages
Tang, Heiwai; Zeng, Douglas Zhihua; Zeufack, Albert G. - 2020
This paper studies the relationship between Asia’s economic engagements in Africa and individual African nations’ participation in global value chains (GVC) over the past two decades. We find that while overall exports from Africa to Asia are still highly concentrated in resource-intensive...
Persistent link: https://www.econbiz.de/10012233620
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Foreign Aid, a Tool for Donor States’ Interests? A Case Study on Africa
Nyarko, John Abbam - 2023
Aid is a critical part of the economic development of states, especially developing states. Without donor states, many African countries would have experienced worse economic performances and increased rates of poverty which could worsen the current state of security in the subregion as well as...
Persistent link: https://www.econbiz.de/10014263842
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Meta-trends in global value chains and development : interacting impacts with COVID-19 in Africa
Carmody, Pádraig Risteard - In: Transnational corporations : investment and development 27 (2020) 2, pp. 143-155
Persistent link: https://www.econbiz.de/10012666126
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Financial development and African participation in global value chains
Okah-Efogo, Françoise - In: Financing Africa's development : paths to sustainable …, (pp. 33-52). 2020
This paper investigates the contribution of financial development for African countries' participation in global value chains (GVCs). It relies on a review of the theoretical and empirical literature that can shed light on the mechanisms whereby financial development affects value-added trade. A...
Persistent link: https://www.econbiz.de/10012262681
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Meta-trends in Global Value Chains and Development : Interacting Impacts with COVID-19 in Africa
Carmody, Padraig - 2020
How will the COVID-19 pandemic affect prospects for foreign investment and development in Africa? In part this depends … role for foreign investment, the crisis also creates opportunities for more domestically-focused investment and production …
Persistent link: https://www.econbiz.de/10014093771