Market integration is often associated with economic growth spillovers, to the extent that strengthened trade linkages would make economic growth in one country an opportunity for growth to its partners. This paper uses a spatial dynamic panel data approach to analyze the extent to which Africa...

The higher education system represents a vital means for a country to nurture its economic development and social cohesion. All over the world there has been an increasing interest in quality assurance (QA) in higher education, reflecting both the growing importance of higher education services...

This paper considers the impact of ethnocentric policies, using as an example diversity policies, created by Multinational Companies (MNCs), Non Government Organisations (NGOs) and international agencies then imposed on a host country and its population. Examples of practices in the Asian...

Plummeting commodity prices, China's economic slowdown and rebalancing, and global financial market turbulence have recently raised concerns about their effects on African economies. This paper investigates whether, and to what extent, these intertwined shocks spillover into the Tanzanian...

The main goal of this research is to construct and assess forecast intervals for monthly US/EURO foreign exchange rate. The point forecasts used to build the intervals are based on a vector autoregression (VAR model) and on a Bayesian VAR model for data starting with the first month of 1999. The...

This study attempts to predict energy intensities of world's regions, the world gross domestic product per capita and the world energy price via developing VAR (2) model. Whether causalities exist between groups of variables are tested by proceeding Granger Wald Test to structure a VAR model...