The out-of-sample R2 is designed to measure forecasting performance without look-ahead bias. However, researchers can hack this performance metric even without multiple tests by constructing a prediction model using the intuition derived from empirical properties that appear only in the test...

This study proposes an integrated framework for successfully implementing collaboration strategies in supply chain (SC) management using a fuzzy decision-making trial and evaluation laboratory (DEMATEL) and multi-criteria decision-making (MCDM) approach. The study analyses and measures the...

This book aims to improve readers’ understanding of the puzzle of Malawi’s development performance and identify ways for the country to achieve robust growth and stay on a stable growth path that helps the poor. The book places a strong emphasis on assessing Malawi’s growth experience...

With urban industrialization on the scale achieved by East Asian economies looking increasingly less plausible, small economies in Africa need an alternative strategic approach to long-term growth. The purpose of this paper is to identify a growth strategy with the greatest potential for small,...

The utility's utilization of communication technology and renewable energy sources has paved the path for self-sustaining microgrids (MGs). However, the intermittency of solar and wind energies raises concerns about meeting demand effectively. To ensure optimal performance of distributed MGs, an...

Kenya has long had a reputation of being politically risky, manifested in corruption, uncertainty about policies, and the importance of political connections in doing business. Kenya began its economic liberalization in 1993. Reform picked up speed after a tightening of aid by donors on...