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The purpose of this study is twofold. The first is to develop a new composite index of globalization based on data on … effects of globalization on economic growth and income inequality. The index comprises 25 indicators that represent the key … integration in the construction of the globalization index. The results show that although globalization promotes economic growth …
Persistent link: https://www.econbiz.de/10012030661
Over the past decade, geopolitical developments - and the policy responses to these by major economies around the world - have challenged economic openness and the process of globalisation, with implications for the economic environment in which central banks operate. The return of war to Europe...
Persistent link: https://www.econbiz.de/10014248552
Persistent link: https://www.econbiz.de/10009722986
Are there contemporary development effects of African resistance to European domination? This question is the primary issue addressed by this inquiry. We establish that African resistance has had adverse effects on post-colonial African development and discuss possible channels of such...
Persistent link: https://www.econbiz.de/10011496363
Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common …
Persistent link: https://www.econbiz.de/10011410252
policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is …
Persistent link: https://www.econbiz.de/10011410263
A positive economic growth is one crucial macroeconomic objective of every nation. Many countries have formed regional as well as international trading blocs in an attempt to enhance economic growth and maximise welfare of each member state, the AFTZ member states are not an exception. This...
Persistent link: https://www.econbiz.de/10012910879
This study intends to present a very detailed and dynamic analysis of the trade-related aspects of Economic Partnership Agreements (EPAs) negotiations. We use a dynamic partial equilibrium model - focusing on the demand side - at the HS6 level (covering 5,113 HS6 products). Two alternative lists...
Persistent link: https://www.econbiz.de/10012712657
This paper provides an exhaustive assessment of feasible horizons for policy harmonization against African capital flight. The empirical evidence is based on a methodological innovation on common policy initiatives and the results are premised on 15 fundamental characteristics of African capital...
Persistent link: https://www.econbiz.de/10013032570
attention so far. Despite the longstanding rhetoric of Asia-Africa solidarity, Asia and Africa still lack formal institutional … and trade links. Although interregional trade increased, Africa remained a small part of ASEAN with only around 2% of its … total market. The most important trading countries of ASEAN with Africa were Thailand, Indonesia and Singapore, while South …
Persistent link: https://www.econbiz.de/10013313849