Using threshold cointegration and error-correction model, this paper has investigated the channels through which Africa (proxied by South Africa) can boost its economic growth via its trade with East Asia (represented by China). The results support threshold cointegration and non-linear...

The present tests the causal interactions between foreign direct investment (FDI) and banking intermediation in China, the results showed that real interest rates Granger-caused FDI inflows, while the latter led service sector's value added. Interestingly, interest rate spread and FDI mutually...

This study investigated the resource-growth nexus in Africa through an attempt to empirically reconcile the traditional resource curse literature with the role of technological progress as described in endogenous growth version of international trade literature. Using variables proposed to be...

The determination of the causal pattern among inflation, money growth, and exchange rate has important implications for policymakers regarding appropriate stabilization policies in developing economies. Using Congolese data where the pace of broad money growth and hyperinflation (23,760% annual...

Drawing on selective stylized facts, the paper evaluates the growth-effects for African countries and the disruptive potentials resulting from the COVD-19 pandemic, as African countries are involved in intra-regional integration processes. As AfCFTA involving 55 countries (ratified by 22...