Using cross-sectional time series data, we examine the effects of income, institutions and social capital on literacy and life expectancy. An improvement in institutions has positive influence on literacy but does not seem to affect life expectancy. In addition, countries with high income may...

Using cross-sectional time series data from a large group of African countries, we examine the effects of income, institutions and social capital - with emphasis on the latter - on literacy and life expectancy. The empirical results confirm that income has a positive contribution. We also show...

Using panel data from 39 countries, this paper examines the effects of financial deepening and openness to trade and foreign capital (FDI) on rural-urban inequality in Africa. Four estimations were performed - OLS pooled cross-section, GLS pooled cross section, fixed-effects model and an...