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Persistent link: https://www.econbiz.de/10009764508
This paper examines the role of external shocks in explaining macroeconomic fluctuations in African countries. We construct a quantitative, stochastic, dynamic, multi-sector equilibrium model of a small open economy calibrated to represent a typical African economy. In our framework, external...
Persistent link: https://www.econbiz.de/10013321425
and/or monetary stimuli to foster economic growth and thus, maximize the probability of re-election. Using a panel dataset … have an effect on growth. We find evidence to support the most recent studies showing that aid has a positive impact on … growth. We however, do not find evidence to support the proposition that institutional quality is a sine qua non conditional …
Persistent link: https://www.econbiz.de/10010425074
This paper focuses on business cycle synchronisation between Regional Economic Communities in Africa during the period … may have an adverse impact on integration process in Africa. This results suggest that Africa is not ready for a common …
Persistent link: https://www.econbiz.de/10012930232
growth discourages citizens' positive appraisal for the union. Our results also show an asymmetry in the relationship between … public opinion on supporting the African Union and economic growth. Policy implications are discussed. …
Persistent link: https://www.econbiz.de/10014445806
This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in...
Persistent link: https://www.econbiz.de/10011409791
Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure financial liberalization (KAOPEN) has a positive...
Persistent link: https://www.econbiz.de/10011409995
financial efficiency in Africa. It uses updated data to appraise second generation reforms in order to gather fresh evidence and …
Persistent link: https://www.econbiz.de/10011410010
Despite over three decades of Liberalisation policies in Africa, income-inequality has stayed persistently high. Using …
Persistent link: https://www.econbiz.de/10011410039
This chapter complements exiting African liberalization literature by providing fresh patterns of two main areas. First, it assesses whether African banking institutions have benefited from liberalization policies in terms of bank returns. Second, it models bank return and return uncertainty in...
Persistent link: https://www.econbiz.de/10013032543