This study provides evidence of the effectiveness of aid through the use of a sample of 34 sub-Saharan African countries over the period 1990-2010. After considering the endogeneity of aid, the results of the estimation reveal that aid has a positive effect on growth only when the estimation is...

Africa has enjoyed fifteen years of sustained economic growth. Per capita income for the region as a whole is rising steadily, and regional growth has exceeded the global average. During the last decade six of the world’s ten fastest-growing economies were in Sub-Saharan Africa. Yet, there are...

This paper conducted pairwise Granger causality tests between economic growth, economic infrastructure investment, and employment in South Africa for the period 1960-2009 using bivariate vector autoregression (VAR) model with and without a structural break. The result indicates that there is a...

Apart from presenting the poverty profile, this paper examines the correlates of poverty with multivariate models that predict the probability of being poor using data from the Nigerian National Consumer Survey (NCS) of 2003/2004. The probability of a household being poor was examined for the...

In this paper, we have presented the patterns of inequality, growth and income inequality in the MENA region. Using a cross-sectional time series data of MENA countries for the period 1985-2009, we have also investigated the effect of income inequality on key societal development, namely...

It has been suggested that large rate of youth unemployment makes countries more unstable in general, and thus more prone to armed conflict. The goal of this paper is to empirically determine the effects of youth unemployment on political instability. Using fixed-effects regression with...

In spite of the high growth that Africa has experienced in recent years, poverty, inequality and unemployment remain high, indicating lack of inclusion in the development process and its outcomes. But poverty, for example, can be reduced at a faster rate when inclusive growth strategies are...

La politique fiscale constitue l’un des instruments par lesquels l’action publique peut avoir un impact sur la réduction de la pauvreté. Cela peut se traduire à la fois par ses impacts sur la croissance mais également sur son effet de redistribution de la richesse.Un bref aperçu sur...

This paper applies a latent classes model to assess the impact of international remittances on households’ expenditures using 2010 cross-sectional data from Burkina Faso. Household expenditures are modeled using the Almost Ideal Demand System (AIDS). With the latent class model, these...

The shortages of entrepreneurial skillshave lowered search effectiveness of potential young entrepreneurs and the rate of youth start-ups. Our paper contributes to closing a gap in the entrepreneurship and development literature with a model of costly firm creation and skill differences between...