Background: The pitfall of top-down approach to development is identified as a major cause of aid inefficiency. The approach is fraught with corruption and unethical practices that have bedeviled aid administration. Meanwhile, the impact of remittances has been widely acknowledged in the...

Purpose: This study examines the moderating effect of institutional quality on the finance-growth nexus in South Africa from 1986 to 2015. Design/methodology/approach: This study adopts unit root tests, cointegration test and autoregressive distributed lag (ARDL) model. Findings: The findings...

Purpose: The increasing debate on the viability of broad-based productive employment in stimulating the participatory tendencies of growth makes it instructive to inquire how the African “Big Five” have fared in their quests to ensure growth inclusiveness through public investment-led...

Background: The pitfall of top-down approach to development is identified as a major cause of aid inefficiency. The approach is fraught with corruption and unethical practices that have bedeviled aid administration. Meanwhile, the impact of remittances has been widely acknowledged in the...

The study employed data from 1981 to 2014 to investigate the effects of oil shocks (price and revenue) on the dynamic relationship between government revenues and government expenditures in Nigeria and how it transmits effects on major macroeconomic variables using structural VAR (SVAR) on key...