To continue its economic growth and create new and better livelihoods, Africa must transform the productive side of its economy. Ongoing globalization - in trade, finance, and technology - opens up new possibilities for structural transformation, but also new risks as Africa's integration with...

Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack of diversification in Africa's economies-in contrast to...

The purpose of this paper is to investigate the relationship between the financial inclusion index and development variables in the least developed countries in Asia and Africa by using annual data of 42 countries for the period 2000-2019. The pooled panel regression and panel data analysis...

This paper examines the impact of contemporary African American mayors on the economic condition of African Americans. This study is an attempt to better understand the extent to which African American mayors have improved the performance of key economic indicators specific to African Americans....

As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...

This paper employs dynamic panel models; Pooled Mean Group (PMG) and Mean Group (MG) estimators to assess the growth-differential effects of Foreign Direct Investment (FDI) and Domestic Investment (DI) among 41 selected African countries from 1970 to 2017. The result of Hausman test shows that...

When the OECD Development Centre launched research in 2005 to document the economic, political and social impacts of China's and India's economic growth on sub-Saharan African (SSA) countries, the arrival (or resurgence) of new important players had triggered concerns among traditional donors....

This paper examines China and Africa co-operation from the angle of structural transformation as a major driver of growth and job creation. Being a bit ahead in the structural transformation process, China can provide ideas, tacit knowledge, opportunities as well as development finances in...

This research is an attempt to explore what appears to be a contradictory development message coming out of Africa. On the one hand, several African nations are facing structural difficulties such as predatory regimes, political violence, civil wars, numerous diseases, and extreme poverty. An...