The book provides a detailed analysis of the nature and determinants of finance and trade and their relationship with Africa’s competitiveness. Investment is examined in its various forms (financial vs. physical), and sources (private, public, domestic and FDI), as well as its relation to the...

This book examines the impact of financing on Africa’s economic development. By exploring various financial instruments including the role of alternative sources of funding like migrant remittances and illicit flows, it analyses the role of financing for Africa’s macroeconomic development...

Economic welfare is assumed to be pursued by an African country considering or evaluating its Regional Integration Arrangement (RIA) membership. The proposed approach assigns to imputed residuals computed from pre-integration trend lines the change in after reform per-capita GDP and gives an...

Factors usually considered in models attempting to explain the economic growth of countries do not include geography as a determinant. One possible rationale for this omission is that geographic characteristics of a territory are considered part of its endowments, positive or negative....