Africa is currently experiencing both financial and human development challenges. While several continents have advocated for financial development in order to acquire environmentally friendly machinery that produces less emissions and ensures long-term sustainability, Africa is still lagging...

This paper examines the governance-“education quality” nexus in a panel of 49 sub-Saharan African countries over the period 2000-2012. Ordinary Least Squares (OLS) and Quantile regression (QR) are employed as estimation strategies. The following findings are established. First, from the OLS,...

The study examines the dynamic interrelationships among the school enrolment rates and the rate of employment (via unemployment rates) in Nigeria. The study employed Autoregressive estimates and an unrestricted VAR approach to analyze these relationships. The study lends credence to the...

Using an exceptionally rich dataset comprising over 1,800 primary schools and nearly 40,000 students from ten francophone Sub-Saharan African countries, this study analyzes the relationship between teacher gender, student gender, and student achievement in mathematics and reading. Findings...

The objective of this work is to analyze the relationship between human capital and productivity in manufacturing industries, by studying their direct link to economic growth. Based on annual data from the countries of the West African Economic and Monetary Union (WAEMU), taken between 2000 and...

Abstract The objective of this work is to analyse the effect of financial inclusion on agricultural exports from UEMOA countries through the quality of institutions. The aim is to analyse the role of institutional quality in the coverage of decentralised financial services such as microfinance...

Botswana is an upper-middle-income country with a significant diamond wealth, being the first world producer of diamonds in terms of value and the second largest, after Russia, in terms of volume. Although Botswana's economy has performed quite well in recent years, apart from the negative year...

Mandatory pension systems can have a negative impact on individual savings and labor supply decisions. In particular, defined benefit pension schemes that are not actuarially fair, can create incentives for early retirement, and therefore, reduce labor supply and the stock of human capital....

This paper incorporates egocentric comparisons into a human capital accumulation model and studies the evolution of positive self image over time. The paper shows that the process of human capital accumulation together with egocentric comparisons imply that positive self image of a cohort is...

There is a consolidated empirical literature providing evidence of the fact that financial literacy, human capital, savings and stock market participation are interconnected decisions. However, to the best of our knowledge, a theoretical explanation of such connections is missing. In this paper...