[eng] In 1999, WAEMU (West African Economic and Monetary Union) countries adopted a Convergence Pact. Its main goal is to constrain national fiscal policies so as to prevent macroeconomic imbalances and preserve the credibility of the common currency. While budgetary efforts may cause recession...

The paper investigates the importance of spatial dependences on Foreign Direct Investment (FDI) localization across Chinese provinces over the 1992-2009. Based on exploratory spatial data analysis, spatial sigma-convergence and spatial Durbin specifications, we present a much clearer picture of...

This article examines the influence of Policy Mix coherence in Economic Community of West African States (ECOWAS). The paper innovates in two ways. First, through an interaction between the monetary conditions index and the primary structural fiscal balance, we highlight coherence-type...

This paper investigates the relationship between firm-level productivity and investment climate (IC) for a large number of countries (23) and manufacturing industries (8). We first propose three measures of firms’ productive performances: Labor Productivity (LP), Total Factor Productivity...

This paper explores the technology-discriminating role of export market participation. Exports are found to enhance firm's productivity, mainly due to the self-selection of more productive firms into export markets and/or the role of learning-by-exporting, suggesting that the underlying...

Dans tous les pays où l'Etat, affaibli, est incapable de résister au libéralisme des grands organismes financiers internationaux, la privatisation des infrastructures est souvent subie comme une braderie intolérable des intérêts nationaux. Face à l'hostilité que soulèvent ces processus...

A travers l'extension des secteurs parapublics, les Etats africains de l'UMOA se sont attaqués à la valorisation d'une pluralité d'objectifs ayant donné forme à un dessein de politique économique. Ces organisations productives ont été notamment utilisées pour garantir une certaine...

In 1990, Côte d'Ivoire privatized the management of its electric power company (lease contracting). In this paper, we are interested in identifying the economic effect of this institutional change. By estimating a stochastic production frontier, we have found that productive efficiency improved...

Cette étude consiste en une évaluation des conséquences, du point de vue de l'efficience productive, des programmes de redressement des entreprises publiques africaines du secteur de l'électricité. La reflexion est menée avec la toile de fond que procure la théorie des contrats et des...