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This study examines the causal relationship between informality and globalisation in 30 African countries. It deviates from traditional research by adopting a bi-directional framework to address reverse causality. By applying the DH causality method in both linear and nonlinear frameworks, this...
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How can Africa, the world's most lagging region, benefit from globalisation and achieve sustained economic growth …? Africa needs greater investment by Multinational Enterprises (MNEs) to improve competitiveness and generate more growth … through positive spill-over effects. Despite the fact that Africa's returns on investment averaged 29% since 1990, Africa has …
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