growth by comparing two leading emerging economies in Africa: Nigeria and South Africa from 1981 to 2015. Growth rate of … and economic growth in Nigeria but not for South Africa. In both short and long run, there was a positive but … insignificant relationship between stock market development and economic growth in Nigeria and South Africa. The granger causality …

arrangements are lacking. Taking the case of Africa, the author provides a framework of how indigenous institutions specify and … institutional rivalry within Africa where competing institutions co-exist, leading to the emergence of dominant hybrid institutional … indigenous institutional arrangements. Based on an investigation of entrepreneurs operating across West Africa, the book explores …