Since China's transition to a market economy, the labour productivity growth has been dramatically rapid, in particular since 1994. This speeding up has been accompanied by the reverse of the exchange rate policy of China, which has strongly depreciated its currency before 1994, and then either...

We assess the prospects for growth of African economies up to the year 2010 by modelling structural and policy determinants of growth, under different scenarios for changes in the exogenous factors and economic policies which shape the projections. To this end we estimate a growth model for 39...

In spite of fifty years of presenting regional integration as a key element for Africa?s development, its progress remains stunted by several factors among which the insufficient funding dedicated to integration projects. For increasing this funding and its effectiveness, we need equitable...

[eng] This article seeks to reconcile two currents in the literature, one showing the positive effect of financial development on economic growth, the other illustrating the adverse effect of financial crises. The baseline assumption is that, in the developing countries, the instability of...