This study investigates: (i) the effect of foreign direct investment (FDI) on total factor productivity (TFP) and economic growth dynamics, and (ii) the relevance of value added from three economic sectors in modulating the established effect of FDI on TFP and economic growth dynamics. The...

This study empirically examines the effect of tourism and ICT on inclusive development. Inclusive development is approached as human development adjusted for environmental sustainability; ICT is based on mobile phones subscription rate, internet penetration and fixed broadband subscription and a...

This study empirically verifies the effect of terrorism on financial development and how globalisation and governance modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study, namely, the: number of terrorism incidences and...

Achieving sustainable development has been the dream of every society across the globe especially sequel to the dawn of the industrial revolution. Thus, understanding the fundamental determinants of the socio-politico-economic development of every economy is of prime importance for investors,...

The objective of this study is to examine the effect of political inclusion on democracy in Africa. The results of the analyses through the OLS, system GMM, IV-Tobit and IV-2SLS show that gender political inclusion enhances democracy in Africa. This result is robust across alternative...

In this study, the effect of globalisation (both its de jure and de facto components) on economic development in sub-Saharan Africa (SSA) is examined. The work utilises an ex-post facto research strategy and analyses panel data of 35 SSA nations from 1995 to 2018 using the Dynamic Common...

As regards the question whether natural resource affluence is a benediction or curse to sustainable development, the jury's verdict is still awaited. While we impatiently await the jury's verdict, this study provides empirical evidence that Mother Nature is responsible for Africa's predicaments...

The objectives of this paper are to verify the linear and the non-linear effects of infrastructural development on inclusive human development in Africa. The results of the system GMM estimations show a positive effect of infrastructural development on inclusive development across all the...