providing evidence of a resource curse. Extractive industries in South Africa, Botswana, and Namibia have positive direct …

The decisions of firms on investment and hiring play a crucial role in business cycle fluctuations. This paper explores … investment costs. It is significant and negatively signed, implying complementarity between investment and hiring. There is a … the investment part of the model is poor if hiring is left out completely or is introduced without the interaction between …

We are the first to provide a comparative empirical analysis of non-farm entrepreneurship in rural Africa, using the … failed in Africa. …

Africa is not only the poorest and most rural continent, it is also the most youthful continent in terms of population … conclude that policies to support young entrepreneurs in rural Africa should not only focus on creating conditions that attract … needed in Africa's rural areas. …

-Saharan Africa. Following an instrumental variable strategy, we document that individuals have a lower likelihood of owning land near … historical ethnic borders in Sub-Saharan Africa. …

employment. In this context, this study analyses the two-way linkages between FDI and domestic investment in Sub-Saharan Africa … attracting foreign investment to non-resource rich countries. -- FDI ; private investment ; public investment ; Africa …While the recent increase in foreign direct investment (FDI) to African countries is a welcome development, the …

solidarity ; informal insurance ; investment ; micro and small enterprises ; sharing ; Sub-Saharan Africa …Sharing is a norm in many societies. We present a theoretical model on the trade-off between sharing and investment … patterns: entrepreneurs following an 'insurance regime' comply with sharing norms, are insured but reduce investment in their …