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Trajectories in Knowledge Economy : Empirics from SSA and MENA Countries

Asongu, Simplice - 2016

In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World Bank's...

Persistent link: https://www.econbiz.de/10012997621

Foreign Aid Instability and Bundled Governance Dynamics in Africa

Asongu, Simplice - 2016

Purpose - With the recent financial crisis and reduction of foreign aid by donor countries, the aid-institutions debate is shifting to how aid instability affects governance in developing countries. We engage the policy debate by assessing the role of foreign aid instability on governance...

Persistent link: https://www.econbiz.de/10012997622

Conditional Determinants of FDI in Fast Emerging Economies : An Instrumental Quantile Regression Approach

Asongu, Simplice - 2015

This paper examines FDI determinants in the BRICS and MINT throughout the conditional distributions of FDI for the period 2001-2011. An instrumental variable quantile regression estimation strategy is employed based on the intuition that, the determinants are contingent on initial or existing...

Persistent link: https://www.econbiz.de/10013028323

Drivers of FDI in Fast Growing Developing Countries : Evidence from Bundling and Unbundling Governance

Asongu, Simplice - 2015

We assess drivers of FDI in a panel of BRICS and MINT countries for the period 2001-2011. We bundle and unbundle governance determinants using a battery of contemporary and non-contemporary estimation techniques. The following findings are established. First, for both contemporary and...

Persistent link: https://www.econbiz.de/10013028324

Real Effective Exchange Rate Imbalances and Macroeconomic Adjustments : Evidence from the CEMAC Zone

Asongu, Simplice - 2014

We assess the behavior of real effective exchange rates (REERs) of members of the CEMAC zone with respect to their long-term equilibrium paths. A reduced form of the fundamental equilibrium exchange rate (FEER) model is estimated and associated misalignments are derived for the period 1980 to...

Persistent link: https://www.econbiz.de/10013043660

May the Soul of the IFS Financial System Definition RIP in Developing Countries

Asongu, Simplice - 2014

In this paper, we dissect with great acuteness contemporary insufficiencies of the IFS (2008) definition of the financial system and conclude from sound theoretical underpinnings and empirical justifications that the foundation, on which it is based, while solid for developed countries, holds...

Persistent link: https://www.econbiz.de/10013043661

Taxation, Foreign Aid and Political Governance : Figures to the Facts of a Celebrated Literature

Asongu, Simplice - 2014

This paper puts figures to the facts of Eubank (2012), a recently celebrated paper in the Journal of Development Studies. We investigate the underpinning Somaliland-based hypothesis that foreign aid dilutes the positive role of taxation on political governance. The assessment is based on 53...

Persistent link: https://www.econbiz.de/10013043662