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African Development,Partnership and Rationality Challenge:An Exposition

NWAOBI, GODWIN - Volkswirtschaftliche Fakultät, … - 2013

Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...

Persistent link: https://www.econbiz.de/10011259767

Globalization and development in sub-Saharan Africa

Sundaram, Jomo Kwame; Schwank, Oliver; Arnim, Rudiger von - Department of Economic and Social Affairs, United Nations - 2011

This paper critically reviews the impact of globalization on sub-Saharan Africa (SSA) since the early 1980s. The large gains expected from opening up to international economic forces have, to date, been limited, and there have been significant adverse consequences. Foreign direct investment in...

Persistent link: https://www.econbiz.de/10008855234

Investment and inequality in Africa: which financial channels are good for the poor?

Simplice A., Asongu - Volkswirtschaftliche Fakultät, … - 2011

provide new insights into the two contrasting theories in the finance-inequality nexus. …

Persistent link: https://www.econbiz.de/10009372548

Finance and inequality: exploring pro-poor investment channels in Africa

Simplice A., Asongu - Volkswirtschaftliche Fakultät, … - 2011

Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to … how finance affects pro-poor investment channels. Findings reveal, but for the case of foreign investment, financial …

Persistent link: https://www.econbiz.de/10009372610

Law and finance in Africa

Simplice A., Asongu - Volkswirtschaftliche Fakultät, … - 2011

. It uses data collected after pioneering works on the law-finance nexus to assess hypotheses resulting there-from in the …

Persistent link: https://www.econbiz.de/10009325560

On the substitution of institutions and finance in investment

Asongu, Simplice A - In: Economics Bulletin 34 (2014) 3, pp. 1557-1574

The Ali (2013, EB) findings on the nexuses among institutions, finance and investment could have an important influence … finance and institutions because they are less realistic to developing countries to which the resulting policy implications … substitution of institutions and finance in investment. Results under many baseline and augmented scenarios are not consistent with …

Persistent link: https://www.econbiz.de/10010800841

Law and Finance in Africa

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011

This paper assesses how legal origin influences financial development through regulation quality and the rule of law. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law channels are instrumented with legal origins to account...

Persistent link: https://www.econbiz.de/10010693282

Investment and Inequality in Africa: which financial channels are good for the poor?

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011

in the literature provide new insights into the finance-inequality nexus. Policy implications are discussed. …

Persistent link: https://www.econbiz.de/10010693294

Finance and Inequality: Exploring Pro-Poor Investment Channels in Africa

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2011

Persistent link: https://www.econbiz.de/10010693302

A Short-run Schumpeterian Trip to Embryonic African Monetary Zones

Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2012

With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...

Persistent link: https://www.econbiz.de/10010696005