The first decade having followed its accession to the international sovereignty in 1960, the Senegalese economy went relatively well. The economic health of the country began to only deteriorate in the 70s and the series of plans and development programs (economic and financial recovery Plan in...

This study explores the nature of the trade-growth nexus in order to determine the role of outward-oriented trade policies in raising economic performance in eleven member nations of the West African Economic Community, hereafter referred to as Ecowas. Although existing studies in the literature...

This is a review of the book "Emigration, Brain Drain and Development: the Case of Sub-Saharan Africa" by East-West Books Helinski, Finland and Migration Policy Institute

Questions focused on understanding Africa’s lack of growth are not new in economics research. Ethnic fragmentation is one of the many reasons suggested for lack of growth of many developing countries especially in Africa. This is because many countries that are ethnically fragmentized find it...

Education in Africa has been dramatically affected by the HIV/AIDS crisis. This is especially true for the millions of children who have lost one or both parents to HIV/AIDS. The situation is not expected to improve anytime soon - by 2010 the number of HIV/AIDS orphans is expected to exceed 35...

Egypt accelerated its ongoing transition from a public sector dominated economy to a private sector led and market oriented economy after the collapse of oil prices in the mid-1980s. Some aspects of the economy, such as trade policy, have been substantially transformed since then whereas other...

This paper examines the relationship between democracy and economic growth in Nigeria. We find no sizeable variations in economic growth as a result of changes in economic freedom. Political freedom, however, enhances economic growth. The results also suggest that while increases in capital...

The paper explores the relationship between economic policies and poverty by using the dependant economy model framework. Accordingly, it focuses on two variables: the real exchange rate and the absorption, and explores the links between these two variables and poverty. This method has...

The New Partnership for Africa’s Development (NEPAD) is the brainchild of African Heads of State. It is the synthesis of a number of independently developed initiatives aimed at achieving the common goal of setting a course of action that will result in rapid growth and development for Africa....

This paper seeks to elucidate the debate over currency union in Africa. The paper examines whether natural currency blocs gradually emerge from an empirical investigation. Based on the historical data on inflation, trade, and the comovements of prices and outputs, I argue that the emergence of...