Inequalities and poverty are important drivers of social exclusion, while conflict, social unrest and instability are its manifestation. The preponderance of conflicts in poor and unequal societies has long been documented in the literature. As Nagel succinctly argues, “political discontent...

This paper examines the impact of temperature and rainfall volatility on economic growth in 46 African countries. We employ the Bayesian hierarchical modeling approach which allows us to estimate both country level and Africa-wide impact of climate change and extreme events on economic growth in...

Africa's population is expected to almost quadruple by 2100, from about 1.19 billion in 2015 to 4.39 billion. It will thus account for 39.12 per cent of the world's population by 2100, against 16.14 per cent in 2015. The continent remains the most youthful globally, with a median age of 19.4...

Over the past five decades, substantial attention has been placed on the role of economic growth in reducing poverty. This is premised on the trickle-down effect of long-term economic growth on poverty and inequality, based on Simon Kuznets' theory. However, evidence across the world has shown...

Over the past decade, Africa has experienced unprecedented demand for large scale agricultural land. Africa accounts for more than half of the volume of land acquired and close to two-thirds of the total deals globally. Yet, there is dearth of empirical evidence on demand for arable land in...

Economic development is a process whereby the real per capita income of a country is increased and sustained over a long period of time subject to some caveats. First, this process is subject to the stipulations that the number below the absolute poverty line does not increase and that the...

The levels and dimensions of income inequality in Africa are heterogeneous, with varying degrees of intensity, diversity and drivers. Since 1990, income inequality trends in the continent have been multi-dimensional, exhibiting a rising, a falling, a U-shaped, or an inverted U-shaped (∩)...

This paper analyses the nexus between global competitiveness and the attainment of the Vision 20:2020 agenda of the Federal Government of Nigeria. In doing this, the paper reviews the key elements of Vision 20/2020, the pillars of global competitiveness and the ranking of Nigeria on global...