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Understanding Ghana's growth success story and job creation challenges
Aryeetey, Ernest; Baah-Boateng, William - 2015
Ghana's status as one of the African Lions is linked to the country's remarkable growth performance, which culminated … in the attainment of lower middle-income status. However, employment response to growth has been weak. Additionally … employment generating sectors of mining and oil extraction. Fixing the problem of the missing middle of dwindling manufacturing …
Persistent link: https://www.econbiz.de/10011413477
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Unemployment Invariance
Karanassou, Marika; Snower, Dennis J. - School of Economics and Finance, Queen Mary - 2002
This paper provides a critique of the ``unemployment invariance hypothesis,'' according to which the behavior of the labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and the labor force. Using Solow growth and endogenous...
Persistent link: https://www.econbiz.de/10005106368
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Impact of COVID-19 on Growth in Employment and Gross Value Added in India’s Unorganized Manufacturing
Goldar, Bishwanath; Aggarwal, Suresh Chand - 2023
Using Periodic Labour Force Survey (PLFS) data, after making appropriate adjustments, we estimate that employment in … the previous eight years, the average rate of fall in employment in informal manufacturing was about 0.5 per cent per year …. Using PLFS data on employment and earnings, we estimate that nominal GVA in India’s unorganized manufacturing fell by 14 …
Persistent link: https://www.econbiz.de/10014255522
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Institutional reforms, private sector, and economic growth in Africa
Okey, Mawussé Komlagan Nézan - 2011
The aim of this paper is to analyse the effect of institutional reforms on the revival of African economies. We study the impact of positive changes in business environment indicators of the Doing Business project and the Economic Freedom Index of the Heritage Foundation on the private sector...
Persistent link: https://www.econbiz.de/10009231277
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New financial development indicators : with a critical contribution to inequality empirics
Asongu, Simplice A. - 2013
The employment of financial development indicators without due consideration to country/regional specific financial …
Persistent link: https://www.econbiz.de/10011409823
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Mitigating the macroeconomic impact of severe natural disasters in Africa : policy synergies
Diop, Samba; Asongu, Simplice; Tchamyou, Vanessa - 2021
. Indeed, economic losses caused by disasters depend on the level of capital (human capital, employment and capital stock) and … because while capital stock, employment and human capital unconditionally reduce the macroeconomic impact of natural disasters …
Persistent link: https://www.econbiz.de/10012799847
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The macroeconomic impact of recent political conflicts in Africa : generalized synthetic counterfactual evidence
Diop, Samba; Asongu, Simplice; Tchamyou, Vanessa - 2021
This paper measures the macroeconomic impact of recent political crisis, protest and uprisings in Africa with the generalized synthetic control method and evaluates the role played by natural resource dependence on the modulation of the impact. We find that political crisis, protests and...
Persistent link: https://www.econbiz.de/10012650707
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Regional Growth Spillovers in Sub-Saharan Africa
Arizala, Francisco - 2019
This paper documents the steady increase in intraregional trade in sub-Saharan Africa since 1980, links this rise to important growth spillovers in the region, and identifies the main source countries and those most vulnerable to the economic conditions of others. Estimates show that in the...
Persistent link: https://www.econbiz.de/10012864108
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Sub-Saharan Growth Surprises : Geography, Institutions and History in an All African Data Panel
Putterman, Louis - 2007
We use two sets of cross-country growth regression models to investigate the determinants of the growth rates in African countries between 1960 and 2000. Both sets of models contradict conclusions based on global samples: within Africa, we find greater coastal population and distance from the...
Persistent link: https://www.econbiz.de/10014054464
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Political Predation and Economic Development
Biais, Bruno; Bates, Robert; Azam, Jean-Paul - 2005
Economic growth occurs as resources are reallocated from the traditional sector to the more productive modern sector. Yet, the latter is more vulnerable to political predation. Hence, political risk hinders development. We analyze a politico-economic game between citizens and governments, whose...
Persistent link: https://www.econbiz.de/10014066369