Malaria is the primary cause of death among children and a barrier to childhood human capital accumulation in sub-Saharan Africa. The macroeconomics literature thus far concludes that eradicating malaria would mainly increase populations but not substantially raise living standards. This paper...

Backed by peaceful but undemocratic presidential (2010, 2015) and legislative (2013) elections the Gnassingbé regime consolidated its power. In view of the absolute majority of the ruling party, its inclination for meaningful constitutional and electoral reforms, as demanded by the opposition...

This paper surveys recent economic developments in countries in the African Department. In the aggregate, output growth continues to be sluggish, and it is expected that half of the countries will experience a declining income per capita in 1993. However, structural adjustment is making fast...

This paper provides empirical evidence that the propensity for political instability in the Central African Republic (C.A.R.) has been increased by low tax revenues and deteriorations in the terms of trade. The direct effect of political instability on economic growth is not statistically...

The presidential elections of 25 April 2015 resulted in a victory for the incumbent, Faure Gnassingbé. Thus, he secured his third five-year term, consolidating the autocratic grip of the Gnassingbé-clan and his followers, who had been in power since 1967. In view of the absolute majority of...

When the longest-serving African dictator, Togo's Gnassingbé Eyadéma, died unexpectedly in February 2005 after 38 years of autocratic rule, Togo became a test case for indigenous democratisation efforts of African states. However, it soon became clear that a change of regime through the ballot...

Côte d'Ivoire is the world’s largest producer and exporter of cocoa beans, it accounts for 40% of the WAEMU's output, and 11% of its population are immigrant workers. Any political instability in the country will not only affect the domestic economy, but it will also affect the international...

After the 2001 crisis, Turkey continued to pursue a radical market-oriented reform strategy that followed the philosophy of the Washington Consensus. By the early 2000s the government had already liberalised the capital account, privatised many banks and enterprises, and kick-started the...

Government of Liberia aims to achieve middle income status by 2030 through broad participation and inclusive growth. The country's growth strategy is one of accelerating the exploitation of natural resources, while maintaining sound macro policies, improving the business environment and...

The purpose of this study is the analysis of the new institutional economics according to parameters and criteria that affect the growth and economic development such as free movement of capital, contract enforcement, information costs, risk transfer costs, free competition and their application...