During the second half of the twentieth century, African states shifted away from state-led development strategies, and are now moving towards a strategy of regional economic integration. In this book, Landry Signé explores the key drivers of African policy and economic transformation,...

Modernization theory : does economic development cause democratization? / Jose Antonio Cheibub and James Raymond Vreeland -- Dependency theory / James Mahoney and Diana Rodriguez-Franco -- Structuralism / Elliott Green -- Political development / Robert H. Bates -- The Washington Consensus and...

Introduction: Political and institutional change in Africa : an analysis of innovations in economic development strategy since state independences -- Innovation in African economic development strategy : literature review and conceptual clarification -- Theoretical and methodological framework :...

We investigate sets of financial non-redundant and nonsynchronously recorded time series. The sets are composed by a number of stock market indices located all over the world in five continents. By properly selecting the time horizon of returns and by using a reference currency we find a...