The knowledge of social stratification within the peasantry is a decisive precondition of sustainable economic and political measures for an effective support of agricultural production in least developed countries. This is one of the reasons why also in Nigeria social scientist focus on the...

The traditional relationship of patronage and clientship between the landlords and the growing commercial class in Bida and in other Nigerian Emirates - firmly established during the 19th century - left indelible marks which influenced the pattern of social communication between these two...

The extent to which the stock market provides a hedge to investors against inflation is examined for African stock markets. By employing parametric and nonparametric cointegration procedures, we show that the point estimates of the elasticities of stock prices with respect to consumer prices...

We employ parametric and non-parametric cointegration to investigate the extent of integration between African stock markets and the rest of the world. Long-run correlation estimates imply very low association between the two. The two distinct cointegration approaches confirm the latter through...

The remarkable influx of Chinese migrant entrepreneurs in West Africa has been met with growing resistance from established African entrepreneurs. Whether the former have a competitive edge over the latter because of distinctive sociocultural traits or whether the Chinese's supposed...