The New Partnership for Africa’s Development (NEPAD) is the brainchild of African Heads of State. It is the synthesis of a number of independently developed initiatives aimed at achieving the common goal of setting a course of action that will result in rapid growth and development for Africa....

This paper investigates the degree of substitutability between securitized real estate assets and real estate assets whose prices are appraisal-based. Given the insensitivity of unsecuritized asset's returns to the returns on stock market indices, equilibrium asset pricing models cannot be used...

Economic welfare is assumed to be pursued by an African country considering or evaluating its Regional Integration Arrangement (RIA) membership. The proposed approach assigns to imputed residuals computed from pre-integration trend lines the change in after reform per-capita GDP and gives an...