Problems of access to finance in developing countries can be decisive in generating poverty traps and persistent income inequalities. Unlike traditional finance which excluded vulnerable populations from participating in financial activities, microfinance institutions have made it easier for the...

Problems of access to finance in developing countries can be decisive in generating poverty traps and persistent income inequalities. Unlike traditional finance which excluded vulnerable populations from participating in financial activities, microfinance institutions have made it easier for the...

This paper extends the Solow-Swan growth model by incorporating environmental factors, applied specifically to Madagascar. The model simulates three scenarios: (1) a baseline scenario with low savings and high deforestation; (2) an economic reform scenario with increased savings but no...

Over the past four decades, developing countries have not been immune to international financial changes. Today, the destabilizing effects of financial liberalization are affecting even developed economies. This paper reviews the theoretical foundations and the different relationships between...

A balanced economic development is essentially based on self-financing of investment cycle. The efficient use of energy resources and raw materials could rise by increasing the renewal of fixed capital, which is meaning also a shift to a higher technological level. From this correlation is...

Empirical data show during the historical process of economic development profound structural changes in economy. One of the most important movements is from stages where the so-called tangible investments are predominant to those where intangible investments become predominant. Applying some...

This work aims at studying the macroeconomic impact of COVID-19 on the activity economic in DR Congo. To do this, a dynamic and stochastic general equilibrium model in the open economy is used and the model parameters are estimated using the Bayesian approach. The estimated data cover the period...

The structure of a national economy is generally correlated with the stage of economic development. In economic history, it was demonstrated a trend from a first stage when agriculture predominated to last stage when the sector of services is the largest. In this context, the complex...

Abstract. Telecommunication infrastructure development and economic growth in WAEMU countries: a causality panel analysis from a VECM This article examines the links between telecommunication infrastructure development and economic growth. The study covers WAEMU countries over the period...

In DRC, economic growth remains ineffectively influenced by the dynamics of multiple monetary policy factors. In view of this, an attempt is made in this article, examining the role that the quality of governance could play in the relationship between monetary policy and economic growth in this...