findings suggest that FDI in itself does not promote economic growth in Africa; however, we observe that human capital and …

world and hurting the long-term economic interests of Asia, Africa and Latin America. The paper also explores the geo … favor of liquid assets in rich, developed countries e.g. the archetypal MSCI All Country World Index (ACWI) clearly … – whereas these two ageing nations only represent 15% and 4% of the world economy respectively (in real terms i.e. based on …

countries in sub-Saharan Africa. It complements the literature by examining the relevance of enhancing three types of external …

index. Sub-Saharan Africa is also part of this trend, but is a notable laggard. For instance, in 2010 the correlation with … Africa). Additionally, correlations among African markets are generally very low. While there remain barriers to exploiting … this trend, Africa's integration lag may present opportunities for investors seeking regional diversification — and …

In this paper, we sought to establish whether Africa's volatile currencies drive equity risk premia. We use the SDF … also find evidence that international investors are worried about Africa's small size equity markets and build anticipated …