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Author Title Description Publisher Keywords Source Date
Author Title Description Publisher Keywords Source Date
Gideon Baoko, Isaac Attah Acheampong And Muazu Ibrahim Determinants of bank credit in Ghana: A bounds-testing cointegration approach Determinants of bank credit in Ghana: A bounds-testing cointegration approach AREFC Bank credit,ARDL cointegration,Real lending rate,Bank deposit,Ghana African Review of Economics and Finance
Suzette Viviers and Gideon Els Responsible investing in South Africa: past, present and future Despite strong growth in responsible investing (RI) internationally, only a few institutional investors in South Africa have adopted this investment philosophy. This article contributes to the limited body of African RI literature by identifying significant events that shaped the nature of the South African RI market from 1992 to 2014 Social and Corporate Governance,Impact investing,Institutional investors,Responsible investing,South Africa African Review of Economics and Finance
Elias Danyi Kuusaana Winners and losers in large-scale land transactions in Ghana Ë— Opportunities for win-win outcomes Large land acquisition for agro-investment globally is stirring debate about their socio-political, cultural, economic, and ecological implications on smallholders and host communities. Though several works are on going in this area, empirical findings that seek to identify and compare winners and losers of large-scale land transactions in host communities remain limited. Land Markets,Land price,Chisftaincy,Agro-investment,Ghana African Review of Economics and Finance
Alex Bara, Gifty Mugano and Pierre Le Roux Spatial externalities, openness and financial development in the SADC This study empirically evaluates spatial externalities in financial development in the Southern African Development Community (SADC) in line with spatial proximity theory. Spatial Externalities,Spatiality,Financial Development,SADC African Review of Economics and Finance
Kerry McCullough Price discovery on the Johannesburg Stock Exchange: Examining the impact of the SATRIX Top 40 Exchange Traded Fund Price discovery refers to flows of information, describing how and when information is reflected in market prices. It is not unusual for there to be more than one financial instrument in a given market that is linked to, or derived from, a single specific asset. Price discovery,SATRIX 40,FTSE/JSE Top 40 African Review of Economics and Finance
Renee Horne Patterns of empowerment and disempowerment in the South African mining sector Recent conflicts in the South African mining sector tend to be explained entirely in rational choice theory. This paper utilises grounded theory, where the primary method was the collection of semi-structured and exclusive interviews triangulated with secondary data consisting of existing literature, government and company reports. Empowerment,Rational Choice,Mining African Review of Economics and Finance
Michael Harber The role of institutional investors in promoting long-term value creation: A South African perspective “Short-termism” has been identified by many academics and business practitioners as a significant global problem in modern capitalist markets. The excessive focus of corporate decision-makers on short-term profit maximising goals, often at the expense of longer-term objectives, results in insufficient attention being paid to the strategy, fundamentals and the long-term value creation of an organisation. South Africa African Review of Economics and Finance
Paul Alagidede, Nikolaos Koutounidis and Theodore Panagiotidis On the stability of the CAPM before and after the financial crisis: Panel evidence from the Johannesburg Securities Exchange This study examines the stability of the CAPM before and after the recent global financial crisis in the Johannesburg Securities Exchange (JSE). Firms’ betas are derived from OLS and M-estimation regressions. Fixed and random effects are employed to estimate the linear and the nonlinear version of the CAPM. Evidence against a stable beta emerges after the crisis but not before. The latter holds for the non-linear paradigm as well. Panel data,CAPM,South Africa,Global financial crisis African Review of Economics and Finance
Jacob Novignon and Akanni O. Lawanson Health expenditure and child health outcomes in Sub-Saharan Africa This study sought to understand the relationship between child health outcomes and health spending while investigating lagged effects. The study employed panel data from 45 Sub-Saharan African countries between 1995 and 2011 obtained from the World Bank’s World Development Indicators. Fixed and Random effect models were estimated. Health expenditure,Child health outcomes,Lag effects,SSA African Review of Economics and Finance
Maura Feddersen, Hugo Nel and Ferdi Botha Exports, capital formation and economic growth in South Africa In South Africa the export sector is frequently accorded a special role in encouraging faster economic growth. Nonetheless, a question that remains unresolved is whether higher export growth indeed leads to higher economic growth and what particular role exports may play within the overall economic growth process of the country. Exports,Economic growth,South Africa African Review of Economics and Finance
Peter Moores-Pitt and Barry ephen Strydom Equities as a hedge against inflation in South Africa Conventional wisdom holds that equity investments should provide an effective hedge against inflation. However, empirical tests of this relationship in South Africa have produced conflicting results. We employ both a Vector Error Correction Model (VECM) and Autoregressive Distributed Lag Model (ARDL) to examine the relationship between equity returns and inflation for the Johannesburg Stock Exchange between 1980 and 2015. Inflation,Fisher Effect,Fama's Proxy Hypothesis,ARDL,Johannesburg Stock Exchange African Review of Economics and Finance
Michael Gwama Explaining weak financial development in Africa This study seeks to determine the causes of weakness in financial system development on the African continent. The research specifically investigates whether endowments theory, inequality, openness and remittances explain Africa’s financial (under)development. Using Generalized Method of Moments (GMM) with a robust estimator for 48 African countries over a 12-year period Africa,economic growth,endowments,financial sector,inequality African Review of Economics and Finance
Ebaidalla Mahjoub Ebaidalla Real exchange rate misalignment and economic performance in Sudan This article investigates the behavior of equilibrium exchange rate and real exchange rate misalignment in Sudan over the period 1979–2009. In addition, the impact of real exchange rate misalignment on economic performance is examined Cointegration,economic performance,erro correction model,exchange rate misalignment,Sudan African Review of Economics and Finance
Angela Azumah Alu,Mohammed Amidu, K. A. Osei and Ransford Kuipo The effect of funding strategy on the lending patterns of banks in Ghana This article examines the effect of funding strategy on the lending patterns of banks in Ghana. We employ a panel dataset of banks from 2005 to 2011, to analyse the impact of funding sources on three sets of lending patterns employed by banks: Primary, secondary and tertiary economic sectors Africa,developing country,funding sources,Ghana,lending patterns African Review of Economics and Finance
Brownhilder Ngek Neneh and Van Aardt Smit Do IPOs underperform in the long run? Evidence from the Johannesburg Securities Exchange (JSE) This article examines the three-, five- and ten-year long-run performance of initial public offerings (IPOs) on the Johannesburg Securities Exchange (JSE). The Buy and Hold Abnormal Return (BHAR) and the Cumulative Abnormal Return (CAR) methods were used to calculate the IPO long-run performance. IPO,long-run performance,JSE African Review of Economics and Finance
Daniel Domeher, Joseph M. Frimpong And Thomas Appiah Adoption of financial innovation in the Ghanaian banking industry This century has been full of innovations: new technologies, new products, new services and a plethora of new industries have emerged. Yet the call for innovation in business, especially in financial services, has never been more intense. Although research on this topic exists, there is no empirical evidence regarding the critical factors influencing customer adoption of electronic banking innovation in Ghana’s banking industry e-banking,financial innovation,Ghana,technology,West Africa African Review of Economics and Finance
Wadjamsse Beaudelaire Djezou Community-based forest management in Côte d’Ivoire: A theoretical investigation This article investigates the factors that lead to a sustainable management of protected forest by analysing the joint-management policy implemented by forestry authorities through a bio-economic model. A dynamic optimisation technique in continuous time has been used to derive results that explore the policy responses that may stimulate forest conservation. The study shows that joint management improves the level of forest conservation compared to the state management implemented thus far. anti-infiltration effort,external financial support,joint forest management,local community,protected forest African Review of Economics and Finance
Candice Moore, Brussels P. I.E and Peter Lang Regional integration and social cohesion: Perspectives from the developing world This book is a significant contribution to the relatively unexplored relationship between social cohesion and regional integration in the developing world. Candice Moore, the editor, bemoans the woeful underrepresentation in the academy of the African Union’s (AU) social development programme. Instead, scholars focus on a single aspect of that programme: the AU’s role in conflict resolution (p. 27). South Africa African Review of Economics and Finance
Peter Gibilisco Politics, disability and social inclusion: People with different abilities in the 21st century Policy makers cannot help but be touched to reconsider their policies for persons with disabilities (different abilities) as they read this book. They will literally be walking side by side with Dr Gibilisco as he recounts the story of his life to make his voice heard for social inclusion Ghana African Review of Economics and Finance
Gufu Oba Nomads in the shadows of empires This book about nomadic tribes in the frontier of two countries, namely Ethiopia and Kenya, deals with the impacts of two contesting Empires – Ethiopia, which had not yet transformed to a fully developed nation-state and faces thousands of drawbacks, and the British Empire, which was highly developed and a colonial power extending its imperial rule over many countries. As a matter of fact, its colonial policy impacted on the social conditions of African indigenous peoples in Ethiopia Africa,Ethiopia,Kenya,empires African Review of Economics and Finance
Jolle Demmers, Alex E. Fernández Jilberto and Barbara Hogenboom Good governance in the era of global neoliberalism: Conflict and depolitisation in Latin America, Eastern Europe, Asia and Africa Good governance in the era of global neoliberalism: Conflict and depolitisation in Latin America, Eastern Europe, Asia and Africa is a compilation of case studies. The authors argue that the very foundation of good governance initiatives may be misguided. The book provides a critique of the theory that economic reforms have failed in many developing countries due to a lack of government transparency, accountability, rule of law and efficiency, amongst other institutional failings. governance,global neoliberalism African Review of Economics and Finance
John Weeks Economics of the 1%: How mainstream economics serves the rich, obscures reality and distorts policy Mainstream economics is in a sorry state. Books and articles criticising it have proliferated in recent years. Students are grumbling about its evident incapacity to illuminate the troubled world in which they live: rich,distorts policy African Review of Economics and Finance
Melvin Ayogu and Don Ross Development dilemmas: The methods and political ethics of growth policy Improving human welfare has long been considered a goal worth pursuing. Consequently, policy makers and practitioners have devoted an enormous amount of time and resources to promoting high standards of living political ethics African Review of Economics and Finance
Frederic S. Lee and Marc Lavoie In defence of post-Keynesian and heterodox economics - responses to their critics The self-declared purpose of this collection of essays is to offer a ‘systematic response’ (p. xiii) to a number of critical claims by Colander and others, regarding the value of heterodox approaches to economics. The focus on Colander’s contributions is important because of his past widely-known sympathy with heterodox thought, meaning that he has built up some credibility among economists who are interested in this area. critics African Review of Economics and Finance
Achamyeleh Gashu Adam Peri-urban land rights in the era of urbanisation in Ethiopia: A property rights approach All land in Ethiopia is owned by the state and granted to the people with holding right, and the land-holding arrangement is dichotomised into rural and urban systems. In-between urban and rural spaces, there is a transitional peri-urban agricultural area on which growing urbanisation has been exerting unprecedented pressure. Ethiopia, Landholder, leaseholder, peri-urban, property rights, urbanisation African Review of Economics and Finance
Ambe J. Njoh The validity of owner-reported property cost as a measure of property values in a developing real estate market, Cameroon The paucity of objective indicators of property values is pervasive in developing countries. This necessitates the use of proxy measures. However, there are huge gaps in knowledge on the validity of such measures. building valuation, building permit, hedonic model, housing trait prices, African Review of Economics and Finance
Sheila Kaminchia Unemployment in Kenya: Some economic factors affecting wage employment This article analyses the economic factors affecting wage employment in Kenya, where open unemployment fell from 15 per cent in 1998/1999 to 13 per cent in 2005/2006. As of 2005/2006, wage employment constituted 13 per cent of the total working population, which implies that doubling wage employment will absorb idle labour and help solve unemployment in Kenya. demand for labour, natural rate of unemployment, terms of trade African Review of Economics and Finance
Nate Plageman Highlife Saturday night: Popular music and social change in urban Ghana Dr. Plageman has written an excellent book. While economists would not typically give attention to a book on music, this publication does more than merely document the features of highlife music in urban Ghana: it also investigates the material basis and the political import of this genre of music. Ghana African Review of Economics and Finance
Shaun Wilson The struggle over work: The ‘end of work’ and employment alternatives for post-industrial societies When unemployment rises along with declining labour movements, the ‘end of work’ as Jermey Rifkin claimed in 1995, seems close and the signi? cance of work in a post-industrial society is decreasing – so goes a popular argument in labour studies. However, almost 20 years later this idea is far from reality: work is still deeply embedded in society, unemployment rates in advanced capitalist societies have even gone down in the neoliberal post-industrial era, but union power seems under constant scrutiny. The struggle over work: African Review of Economics and Finance
Zakariah Ali Walk with the devil: My endless struggle against the cunning and traps of the devil Prominent Ghanaians do not usually write, let alone publish, their memoirs. Indeed, since leaving of? ce in 2001, after him serving 19 years as head of state, Ghanaians are still waiting to read the memoirs of former President J.J. Rawlings. The culture of documenting one’s experiences is not popular among literate Ghanaians. The trail blazed by some nationalist leaders including Kwame Nkrumah’s Ghana Devil African Review of Economics and Finance
Godfred Amewu Implication of mergers and acquisitions on stock returns before and during the 2007–2009 credit crunch: An event study In spite of the 2007–2009 economic crisis, which has been interpreted by economists as the crisis for economics (Alagidede & Adu, 2012), worldwide merger and acquisition (M&A) markets still reached $3.280bn in 2008, which represents a downturn of 29 per cent from 2007, according to the Financial Times (2008, December), driven mainly by bearish markets, increased volatility in valuation, and widespread uncertainty. Arguments abound as to the causes of the recently ended economic crisis – prominent among them is a failure to use economic models. Alagidede and Adu (2012) summarise the arguments under the headings: realism of assumption, mathematical formalism, and empiricism and falsi? cation. Economic crisis, non-economic crisis, M&As, event study, stock returns African Review of Economics and Finance
Clarence Tshitereke The experience of economic redistribution: The growth, employment and redistribution strategy in South Africa The emergence of democratic South Africa in 1994 from the tragedy and devastation of apartheid is one of the most signi? cant events of the past century, and remains inspirational to millions of oppressed people throughout the world. Despite predictions of intensi? ed violence and possibly civil war, the predominantly peaceful transition from a racially based police state to a strong global voice for democracy is a remarkable achievement. Clarence Tshitereke has written an important and wellresearched book on the experiences with economic policy debates and directions, and the triumph of neoliberalism as the dominant development paradigm. To support the analysis, he examines the history of the country’s gold mining industry and its in? uence, not only in shaping repressive apartheid laws and institutions, also in moulding the postapartheid economic environment. South Africa African Review of Economics and Finance
Saleem Badat The forgotten people: Political banishment under apartheid The forgotten people: Political banishment under apartheid makes a valuable contribution to our understanding of the variety of repressive strategies adopted by the apartheid state. While the number of people banished between 1948 and 1982 (the period studied in this book) is quite small (160), it represented an important strand of the state’s efforts to suppress rural ‘unrest’. Banishment, banning (restricting a person to their home and forbidding them from attending meetings), endorsement (cancelling their permission to remain and work in an urban area), and deportation (removing a person to the nominally independent Bantustan to which they ‘belonged’), and detention (imprisonment without trial), made up a set of extra-legal strategies of political suppression and punishment that, while not unique to apartheid South Africa, re? ected its peculiarly Kafkaesque quality. All ? ve strategies, one could argue, were based on a distinctive concept of space as an instrument to dislocate and reconstruct societies according to the visions of apartheid’s architects, echoing the much larger-scale removals of entire communities. The forgotten people African Review of Economics and Finance
Li Xiaoyun, Qi Gubo, Tang Lixia, Zhao Lixia, Jin Leshan, Guo Zhanfen and Wu Jin Agricultural development in China and Africa: A comparative analysis China’s increasing political and economic relations with African states across the continent is now a well-documented trend. However, the nature, motivation and signi? cance of these increasing engagements continue to be debated in the media, academic and policy circles, both inside and outside of Africa. While some analysts express concern about China’s motives and practices, others are optimistic about the opportunities presented by China’s engagement with African countries. Some observers – mainly Chinese of? cials – project China as ‘the largest developing country in the world’ and an all ‘weather-friend’ of Africa, by emphasising, among other things, the value of China’s development experience for transforming Africa through South–South collaborative efforts (GOV, 2010) Agricultural development African Review of Economics and Finance
Caston Sigauke, Rhoda Makhwiting and Maseka Lesaoana Modelling conditional heteroskedasticity in JSE stock returns using the Generalised Pareto Distribution It has long been recognised that ? nancial time series data are characterised by a number of stylised facts such as persistence, volatility clustering, time-varying volatility and leptokurtic data behaviour. Accurate modelling of extreme returns is vital to ? nancial risk management. The common assumption in ? nance theory is that ? nancial returns are normally distributed. Conversely, several studies indicate that most ? nancial time series are fat-tailed (see, e.g., Maghyereh & Al-Zoubi, 2008; Guru, 2012; Song and Song, 2012). Risk managers at a stock exchange are interested in guarding against the risk of high gains/losses due to the rise/fall in the prices of ? nancial assets held by the stock exchange. It turns out that daily returns are approximate quantities which must be investigated. This study focuses on modelling extreme losses. One method of extracting upper extremes from a set of data is to take the exceedances over a predetermined high threshold. This involves the use of Peaks Extreme value theory, GARCH, Generalized Pareto Distribution, risk management African Review of Economics and Finance
Martin Oteng Ababioa and Ebenezer Forkuo Amankwaa The e-waste conundrum: Balancing evidence from the North and on-the-ground developing countries' realities for improved management The increasing revolutionary application of electronic and electrical equipment (EEE) generally classi? ed as hazardous (BAN, 2005; Toxics Link, 2007) has become a powerful socio-economic driver, creating jobs and reducing poverty levels (Zandi and Singh, 2010). The situation has prompted global concerns, with developed nations adopting appropriate management policies and legislations. However, in most developing countries, a lack of formal management options has compelled the informal sector to respond positively (but probably sel? shly) to tap into the pro? t potential of the waste electrical and electronic equipment (WEEE), popularly called electronic waste or e-waste. Various studies in Ghana have recounted the rudimentary methods through which WEEE is handled (Amoyaw-Osei et al., 2011; Grant and Oteng-Ababio, 2012). E-waste recycling, formal-informal interface, livelihood, waste management, Accra African Review of Economics and Finance
Justice Tei Mensaha, Philip Kofi Adom and Maame Pomaa Berko Does automation improve stock market efficiency in Ghana? One of the conspicuous trends in the global economy of the 20th century is the ease with which ? nancial assets are transferred between economies, especially to developing countries (Alagidede, 2011). With high infrastructure de? cits and hunger for growth, returns on investment in emerging economies are at all-time high. As a result, there are high capital in? ows from developed economies to emerging markets, primarily in the form of foreign direct investments (FDIs) and equity investment. For instance, according to the World Bank (2006), in 2005 private capital in? ows to emerging markets stood at $491 billion, up from $25 billion in 1990. These in? ows were partly fueled by growth in the equity ? nancing of publicly listed securities in emerging markets (Alagidede, 2011). automation, stock market efficiency, Ghana Stock Exchange African Review of Economics and Finance
Taibat Lawanson and Leke Oduwaye Socio-economic adaptation strategies of the urban poor in the Lagos metropolis, Nigeria Urban areas are the engines of economic growth as well as locations for complex networks of activities essential to basic human functions of living and working (Mattingly, 1995). The lure of employment and the perception of improved quality of life in the cities are major socio-economic pull factors (Harris & Todaro, 1970; World Bank, 2007). The African Union (2003) af? rms that rapid urbanisation across the African continent is leading to the urbanisation of poverty, with attendant problems that have condemned the majority of urban dwellers to unemployment, food insecurity and life under squalid conditions. Ethnic alliance, informal economy, Lagos, poverty, rotating credit African Review of Economics and Finance
Doug Saunders Arrival City: How the Largest Migration in History is Reshaping our World One of the greatest anomalies in the social sciences is the ever increasing tendency to subdivide. Migration is one unfortunate victim. There is a field of research called ‘migration studies’, different and distinct from urban studies, and development studies. Arrival City, Largest Migration, Our world African Review of Economics and Finance
Stephen Adaawen and Boabang Owusu North-South Migration and Remittances in Ghana Migrant remittances have played an important role in the economic development, social resilience and the improvement of household welfare in many developing countries (Adger et al., 2002; Quartey and Blankson, 2004; Amuedo-Dorantes, 2007). Migrant remittances also form an important source of development finance (Ratha, 2007). Temporary Chinese Migration to Madagascar: Local Perceptions, Economic Impacts, and Human Capital Flows African Review of Economics and Finance
George Bob-Milliar and Gloria Bob-Milliar The Politics of Trans-Saharan Transit Migration in the Maghreb: Ghanaian Migrants in Libya, c.1980 - 2012 In early 2011, the youth in several North African states confronted the political establishments that dominated their countries for decades. The popular revolts were against denied political and economic rights. The contagious uprising which began in the small Tunisian town of Sidi Bouzid spread to Egypt, Libya, and other parts of the Middle East (see, e.g., Honwana, 2013; Pace and Cavatorta, 2012; Joffé, 2011). The uprisings resulted in massive displacement of human populations in the Maghreb sub-Saharan Africa, transit, immigrant, migration, Maghre African Review of Economics and Finance
Retselisitsoe Thamaea and Mpolelo Letsoelab Food inflation in Lesotho: Implications for monetary policy Rising food prices in recent years have raised concerns about the reliability of measures of core in? ation in informing monetary policy decisions. Core in? ation aims to re? ect underlying in? ation by minimising or excluding short-term volatile categories from headline in? ation, which often results in the exclusion of food (and energy) items. Cutler (2001) shows that the growing focus on core in? ation, which captures underlying in? ationary pressures rather than transitory ? uctuations in prices, can improve the ef? ciency of monetary policy. This could be justi? ed, since the purpose of monetary authorities is to come up with policies that are consistent with the medium-term goals of promoting and maintaining price stability and achieving sustainable growth Core inflation, food inflation, Lesotho, monetary policy, nonfood inflation African Review of Economics and Finance
Vincent Manirakiza Promoting inclusive approaches to address urbanization challenges in Kigali Connell and Lea (1996, p. 177) argue that ‘a growing extent of social disorganization and crime is a function of substantial inequalities in access to land, housing and other services in the cities’. Urban inequalities are manifest in the sharp contradiction in residential standards in urban centres, where expensive housing and luxury ? ats co-exist with shantytowns and informal settlements. Such contradictions are the by-product of urban policies aimed primarily at generating economic growth, rather than addressing issues of urban service delivery in order to promote the wellbeing and living conditions of the population. Urban planning policies and strategies, in fact, are conceived within a global, competitive, political economy which requires the creation of modern cities, and which must be capable of connecting global actors and economies (Badcok, 2002; Peemans, 2008). Cities are increasingly seen as the centres of civilisation, employment creation and international ? nancial exchange (Sachs, 1996). Their contribution to economic development is so important that they generate more than 80 per cent of global GDP (Richard et al., 2011). Therefore, urban development policies tend to focus on the creation and improvement of infrastructures which facilitate business, with little emphasis being laid on social issues and housing problems, or the promotion of full access to the opportunities of urban life for different socio-economic categories of urban residents. housing, inclusive urbanization, land, urban planning African Review of Economics and Finance
Cornelia Tremann Temporary Chinese Migration to Madagascar: Local Perceptions, Economic Impacts, and Human Capital Flows Adopting a human capital perspective with which to analyse the economic impacts of Chinese migration to Africa, this article investigates how temporary Chinese migrants are affecting domestic producers in Antananarivo, Madagascar. Since the first Chinese retailer opened a shop in Behoririka, Antananarivo’s ‘Chinatown’, in the mid-1990s, Madagascar’s capital has experienced an accelerating influx of temporary Chinese migrants. Chinese migration, Madagascar, human capital, perceptions, impacts African Review of Economics and Finance
Aderanti Adepoju, Tom van Naerssen and Annelies Zoomer International Migration and Development in Sub-Saharan Africa: Viewpoints and Policy Initiatives in the Countries of Origin This book, an edited volume by Aderanti Adepoju, Tom van Naerssen and Annelies Zoomers, comes to initiate an important discourse in migration literature - to put the spotlight of migration thinking and policy initiatives in the countries of origin. Often, the tendency for migration scholars has been to examine these issues from the perspective of the global north as if the trend in global migration were always in that direction. International Migration,Development,sub-saharan African Review of Economics and Finance
Daouda Cissé South-South Migration and Sino-African Small Traders: A Comparative Study of Chinese in Senegal and Africans in China South-South cooperation is growing in the framework of the world political economy in general and the cooperation between Africa and emerging powers such as China, India and Brazil in particular. With this development, global trade patterns are increasingly changing and economic interests regarding trade and investments between Asian, African and Latin American countries follow this scope (Chahoud, 2007; Zafar, 2007; Ewelukwa, 2011; Stuenkel, 2013). South-South cooperation, trade, migration, China, Africa, small traders, trade networks, socio-economic development African Review of Economics and Finance
Esther Dungumaro Consequences of Female Migration for Families in Tanzania Migration is widely recognized as a salient feature of contemporary developing economies, and it takes numerous forms (Chant and Radcliffe, 1992). These forms are rural-urban, rural-rural, urban-urban and urban-rural. The most prominent type in most African countries is rural-urban migration. Female migration, Iringa, migration-development, Tanzania African Review of Economics and Finance
Derya Ozkul and Franklin Obeng Odoom Temporary Migration in Africa: Views from the Global South Politicians in the Global North frequently warn their populations of threats of possible migration flows from Africa. The general argument goes like this: if border security measures were relaxed, migrants from Global Southern countries would flood Northern countries, would stay there permanently, and would cause social and economic problems for the rest of the society. Temporary, Migration, Africa, Global South African Review of Economics and Finance
Franklin Obeng Odoom Africa’s Failed Economic Development Trajectory: A Critique Is life in Africa getting better? Or, put in other words, is something wrong with economic development in Africa? This question has been asked time and again and time and again it has generated polarised responses. Africa, Socio-economic Indicators, Progress, Development African Review of Economics and Finance
Tsitsi Effie Mutambara Africa-Asia trade versus Africa’s trade with the North: Trends and trajectories To date, South-South linkages in economic, social and political areas are on the increase with countries in the Southern Hemisphere mobilising their resources in areas of trade, finance and investment as well as technical assistance so as to help each other to develop. Trade intensity, trading partners, South-South linkages African Review of Economics and Finance
Jude Fernando Microfinance: Perils and Prospects Microfinance gained tremendous popularity in the 90’s, following the unprecedented success of the Grameen Bank which continues to provide millions of dollars in loans to poor people in Bangladesh via their internationally recognized microfinance program. Microfinanace, Perils, Prospect African Review of Economics and Finance
Matthew Clarke and Simon Feeny Millennium Development Goals: Looking Beyond 2015 As their 2015 deadline approaches, development practitioners and politicians alike are under growing pressure to account for why progress towards achieving the Millennium Development Goals (MDGs) has been asymmetric, and why it seems likely that a number of MDGs will not be met. Millennium, Development Goals African Review of Economics and Finance
William Baah Boateng, Prince Adjei and Abena Oduro Determinants of moonlighting in Ghana: an empirical investigation Ghana’s economic reforms initiated in 1983 have left scores of changes in the Ghanaian labour market. Major elements of the reforms include restructuring of wages, privatization of state enterprises and retrenchment of the public sector workforce. Moonlighting, Multiple job-holding, Employment, Earnings, Underemployment, Ghana African Review of Economics and Finance
Derk Bienen and Dan Ciuriak Ethiopia’s Investment Prospects: A Sectoral Overview Ethiopia, like many Sub-Saharan African countries, has enjoyed a period of rapid growth in the past decade. Building on the expanding economic base and working within the developmental state model (e.g., Kefale, 2011) Ethiopia, investment, growth and transformation plan African Review of Economics and Finance
Ferdi Botha Stock returns and Friday the 13th effect in five African countries A belief in superstitions such as horoscopes, fortune-tellers, black cats and witches may influence individual behaviour and the stock market (Kolb and Rodriguez, 1987; Torgler, 2007). Friday the 13th, stock returns, anomalies, Africa African Review of Economics and Finance
Prince Boakye Frimpong The Quest for Equity in the Provision of Health Care in Ghana There has been huge support for equity across many national policy circles, albeit there is no universally agreed definition. Thus, how equity is defined in policy has implications for how the health-care system should be structured. Ghana, Health care reforms, Equity, Shortfall inequality African Review of Economics and Finance
George Adu, George Marbuah and Justice Tei Mensah Contribution of Agriculture to Deforestation in the Tropics: A Theoretical Investigation This paper compares the deforestation path taken by profit maximizing agricultural firms in tropical regions to the path that will maximize social welfare based on optimal control techniques. We set up a theoretical problem where the socially optimal deforestation path that maximizes the discounted sum of net benefit of forest land use to society diverges from that of a farmer. Agriculture, Deforestation, Optimal control African Review of Economics and Finance
Stephen A. Adaawen and Stig H. Jorgensen Eking out a living: The livelihoodimplications of urban space regulation on street hawking in Accra, Ghana Street hawking as a source of livelihood acrossthe developing world has often raised a lot of concerns regarding hygiene, slum, crime, health, human and vehicular congestion from governments, city authorities and other actors. Hawkers, Abaayei, Decongestion, Relocation, Informal Economy, Odawna African Review of Economics and Finance
Zelalem Yirga Adamu Institutional analysis of condominium management system in Amhara region: the caseof Bahir Dar city This study analyses the condominium management system in Amhara region in Ethiopia. Bahir Dar, which is the capital city of the Amhara National Regional State, was selected as a case to illustrate the issue under study. The paper used an institutional analysis and development (IAD) framework. Bahir Dar; Condominium; Institution Analysis; Management system African Review of Economics and Finance
Henk Bakker Food Security in Africa and Asia: Strategies for Small-scale Agricultural Development The global food crisis that hit us a couple ofyears ago was typified by a rise in food prices. The prices of cereals went through the roof. The price of wheat and maize doubled in the space of two years while for rice, prices tripled in the space of a few months (Headey, 2011). Food security African Review of Economics and Finance
Belinda Yuen and Asfaw Kumssa Climate Change and Sustainable Urban Development in Africa and Asia The book Climate Change and SustainableUrban Development in Africa and Asiais an outcome of a policy seminar on Climate Change, Housing and Liveable Cities in Africa and Asia which was held between 25 th and 27th June 2009 in Singapore. Urban Development African Review of Economics and Finance
Philippe Lebailly and Damien Muteba Characteristics of Urban Food insecurity: The Case of Kinshasa Feeding Kinshasa? How to ensure food security for millions of inhabitants who have to survive on low wages well below the poverty line? This is the daily challenge for a multitude of poor people in Kinshasa! Some see this situation as an opportunity for strengthening local producers. food consumption, food security, agricultural policy African Review of Economics and Finance
Franklin Obeng-Odoom Special Issue of African Review of Economics and Finance Editorial: Urbanity, Urbanism, and Urbanisation in Africa Fifty years ago, less than 20 per cent of the people in Africa lived in urban areas. Now, 40 per cent of them do so. Africa now has megacities (cities inhabited by more than 10 million people) in Egypt (Cairo) and Nigeria (Lagos). Soon, Kinshasa in Democratic Republic of Congo (formerly, Zaire) will join the league of megacities. Urbanisation in Africa African Review of Economics and Finance
Linda Magwaro-Ndiweni Contestation in the Use of Residential space: House Typologies and Residential Land in Bulawayo, Zimbabwe. The need to accommodate the populace creates competition for space; the outcome of this competition has produced differently zoned areas such as residential areas, shopping centres, parks and office towers. Bulawayo’s residential areas are dominated by one-household units or detached one-storey houses in the middle of large plots of land. House types, urban space, residential areas, housing African Review of Economics and Finance
Moses Mpuria Kindiki International Regime Governance and Apparel Labour Upgrading in Export Processing Zones in Urban Kenya This paper analyses the extent to which international regimes on production and trade in apparel offer labour upgrading opportunities in Kenya under the regime on labour. Apparel, Global Value Chain, Dependency, Regimes, Governance, Upgrading, Urban African Review of Economics and Finance
Ludovic Andres and Philippe Lebailly Peri-urban Agriculture: The Case of Market Gardening in Niamey, Niger A study was carried out in Niamey (capital city of Niger) to explore the market gardening periurban system. This activity is an option to minimize the risk of urban food insecurity in the Republic of Niger. Agriculture, Market gardening, food, land African Review of Economics and Finance
Nathanael Ojong Livelihood Strategies in African Cities: The Case of Residents in Bamenda, Cameroon This paper analyses the livelihood strategies of residents in the city of Bamenda, Cameroon. It argues that the informal economy is not the preserve of the poor. Middle income households also play a crucial role City, Livelihood, Bamenda, Informal, Income African Review of Economics and Finance
Collins G. Ntim and Kofi A. Osei The Impact of Corporate Board Meetings on Corporate Performance in South Africa We investigate the impact of corporate board meetings on corporate performance for a sample of 169 listed corporations from 2002 to 2007 in South Africa (SA). South Africa African Review of Economics and Finance
Samia Satti Osman Mohamed Nour Assessment of the Impact of Oil: Opportunities and Challenges for Economic Development in Sudan This paper assesses the effect of oil on economic development in Sudan and discusses related opportunities and challenges. We provide a comprehensive analysis using the most recent secondary data, with a view to clarifying the positive and negative effects of oil on Sudan’s economic development Sudan African Review of Economics and Finance
Bernardin Senadza Does Non-farm Income Improve or Worsen Income Inequality? Evidence from Rural Ghana This paper uses nationally representative household survey data of 2006 to examine the effect of non-farm income on income inequality in rural Ghana. Ghana African Review of Economics and Finance
Eric Fosu Oteng-Abayie, Kofi Amanor and Joseph Magnus Frimpong The Measurement and Determinants of Economic Efficiency of Microfinance Institutions in Ghana: A Stochastic Frontier Approach Microfinance institutions have become central players in socio-economic development especially in developing countries. This paper investigates empirically the economic efficiency of microfinance institutions in Ghana using a Cobb-Douglas Stochastic frontier model. Microfinance, Stochastic Frontier Approach African Review of Economics and Finance
Richard Clay and Gavin Keeton The South African yield curve as a predictor of economic downturns: an update This study re-examines the yield curve’s forecasting abilities in South Africa and investigates its ability to predict the most recent economic downturn of 2007/09. predictor African Review of Economics and Finance
Pierre Faure Is the repo a derivative? An explanation of a derivative instrument (forward, future, swap, option, etc) generally encompasses that the instrument is derived from, i.e. is based on, certain, or aspects of certain, financial market instruments, and takes its value largely from these or other instruments or markets. derivative, repo African Review of Economics and Finance
Jim Stanford Economics for Everyone: A Short Guide to the Economics of Capitalism. ‘Never trust an economist!’ is how Jim Stanford begins this book .The book argues that if economics is about people: Economics African Review of Economics and Finance
Wasseem Mina Do Bilateral Investment Treaties Encourage FDI in the GCC Countries? This paper empirically examines the short and long term FDI impact of Gulf Cooperation Countries (GCC) countries contracting of bilateral investment treaties and distinguishes it by the income level of the contracting partner. Bilateral, investment African Review of Economics and Finance
Stephen .E .Armah Does political stability improve the aid-growth relationship? A panel evidence on selected Sub Saharan African countries Significant ambiguity still surrounds the aid-growth relationship despite fifty years of research on the subject. political stability African Review of Economics and Finance
Mabwe Kumbirai and Robert Webb A financial Ratio Analysis of Commercial Bank Performance in South Africa This paper investigates the performance of South Africa’s commercial banking sector for the period 2005- 2009. Financial ratios are employed to measure the profitability, liquidity and credit quality performance of five large South African based commercial banks. South Africa African Review of Economics and Finance
Okechukwu Ukaga, Ukoha O. Ukiwo and Ibaba Samuel Ibaba (eds.) Natural Resources, Conflict, and Sustainable Development: Lessons from the Niger Delta Why does the abundance of natural resources typically lead to poor utilisation and damaging effect on economy, polity, and society? Attempts to address this question dates back to the days of the classical economists. Natural resources African Review of Economics and Finance
Young, E.M. Food and Development This is a very timely book. Not only is food exploding as a social science issue, but also food is perhaps the most important development issue, if not global issue, of our time, particularly since, as Young points out, the production and consumption of food has integral links with the petroleum industry Food and Development African Review of Economics and Finance
Simon and Schuster The Leaderless Revolution: How Ordinary People will take Power and Change Politics in the 21 st Century The Leaderless Revolution is an easy read, easy to carry around and easy to understand the argument of the author, a former senior British diplomat. 21st century African Review of Economics and Finance
Hemant R. Ojha, Andy Hall and Rasheed V. Sulaiman (eds.) Adaptive Collaborative Approaches in Natural Resource Governance: Rethinking participation, learning and innovation Adaptive Collaborative Approaches in Natural Resource Governance: Rethinking participation, learning and innovation has been written with the intent to advance the understanding of the diverse challenges that confront practitioners of Adaptive Collaborative Approaches (ACA) and to develop appropriate responses Natural resources African Review of Economics and Finance
Ambe J. Njoh and Elizabeth N.M. Ayuk-Etang Combating Forced Labour and Human Trafficking in Africa: The Role of Endogenous and Exogenous Forces It is widely believed that indigenous culture and tradition are at the root of the human trafficking and forced labour problem in Africa. Adherents to this viewpoint also claim that endogenous as opposed to exogenous forces impede efforts to eradicate the problem Africa’s triple heritage, Child labour, forced labour, human trafficking. African Review of Economics and Finance
Collins G. Ntim Why African Stock Markets Should Formally Harmonise and Integrate their Operations Despite experiencing rapid growth in their number and size, existing evidence suggests that African stock markets remain highly fragmented, small, illiquid and technologically weak, severely affecting their informational efficiency Harmonisation and integration, Efficiency, Share price indices, Stock markets, Africa African Review of Economics and Finance
George Adu and Paul Alagidede Modern macroeconomics: a review of the post 2008/2009 crisis debate This paper reviews the current debate on the state of modern macroeconomics from methodological standpoint. Financial Crisis, Modern Macroeconomics, Rational Expectations, Illusion, Perception and Reality African Review of Economics and Finance
AP Faure Redefining the money market The money market has traditionally been defined as the market for marketable short-term securities. It has deep historical roots. Today, it is not an illuminating definition. money market, monetary policy, money, financial markets African Review of Economics and Finance
Dylan A. Smith and David Fryer The New Frontier in Risk Assessment: Estimation of Corporate Credit Rating Quality in Emerging Markets The expansion of credit rating agencies into emerging markets is examined with respect to the overall quality of informational signals provided by ratings to capital markets. Corporate Credit Rating, Ordered Probit, Financial Intermediation African Review of Economics and Finance
Kwasi Kwafo Adarkwa The changing face of Ghanaian towns The paper argues that the face of Ghanaian towns has changed since the initial contact with the colonialists. Investments in infrastructure, urbanisation and enhanced economic activities have combined to change the face of Ghanaian towns. Urbanisation, urban form, urban infrastructure, Ghanaian towns African Review of Economics and Finance
Luke Humprey and Gavin Fraser 2010 FIFA World Cup stadium investment: Does the post-event usage justify the expenditure? This paper provides an ex-postanalysis of the utilisation of the stadiums that were built for the 2010 FIFA World Cup. The South African government invested approximately US$1.57 billion and US$523 million into the development of new stadiums and upgrades to existing stadiums, respectively. 2010 FIFA World Cup, Stadium investment, Utilisation African Review of Economics and Finance
Prince Osei-Wusu Adjei And JOyce Osei Adjei Analysis of the impact of alternative enterprise interventions on poverty and livelihoods in rural Ghana Despite the spate of urbanisation fuelled among other factors by rural-urban migration across the African region, majority of people continue to reside in rural communities with greater burden of poverty and livelihood vulnerabilities. Rural Development, Poverty, Livelihoods, Micro-enterprise Development, Ghana African Review of Economics and Finance
Elina Amadhila and Sylvanus Ikhide Constraints to financing agriculture in Namibia Financial constraints to farmers in Africa have been a long-standing problem, but most of the literature on this topic in Namibia and elsewhere has been descriptive. Agriculture financing; Namibia; Small and Medium Enterprises African Review of Economics and Finance
Geoffrey Radier, Akios Majoni, Kosmas Njanike and Marko Kwaramba Determinants of bond yield spread changes in South Africa This paper offers an emerging market perspective on the determinants of bond yield spread changes. The study covers the period 2005-2013 and it is based on a sample of 106 corporate vanilla bonds listed on the South African market. Equity volatility, Bond yield spread changes, Corporate bonds, South Africa, Emerging markets African Review of Economics and Finance
Tamokwé Piaptie Georges Bertrand and Jazet Mezakeng Fidele Simplice Digital divides in Sub-Saharan Africa: Gender issues and evidence from Cameroon This study aims at answering two questions: Do women have the same determinants of Internet adoption as men? Do they adopt it for the same uses? The answers are mainly positive. Gender, Digital divide, Internet adoption, Internet uses African Review of Economics and Finance
Syden Mishi, Kin Sibanda and Asrat Tsegaye Industry concentration and risk taking: Evidence from the South African banking sector. The quest to gain market share within an industry is argued to drive Decision Making Units (DMUs) to accommodate more risk. Industry concentration, Bank risk-taking, Credit risk, South Africa African Review of Economics and Finance
Nana Akua Anyidoho and William F. Steel Informal-formal linkages in market and street trading in Accra This paper investigates the ways in which linkages between the informal and formal segments of an economy may yield benefits to or impose costs upon informal workers, based on views of informal traders in Accra regarding their relationships with the formal economy and its institutions 171 Informal economy, Informal-formal linkages, Market traders, Street vendors, Ghana African Review of Economics and Finance
Andile Dube and Angelo Dube On the suitability of group lending model in South Sudan’s small and medium enterprises sector Post-conflict societies, such as South Sudan are characterised by weak regulatory frameworks and lack of political will to implement much needed reforms. This often impacts directly on the economy. South Sudan, SMEs, Group lending model, Post-conflict, Economic growth African Review of Economics and Finance
Nicholas Addai Boamah Regional and global market integration of African financial markets The study examines the degree of regional and global integration of 11African Stock Markets (ASMs) using monthly return series from 1997 to 2015 Market integration, Structural breaks, Diversification gains, Emerging markets, Africa African Review of Economics and Finance
Nebson Mupunga and PierreLe Roux Simulation analysis of alternative strategies for public debt issuance in Zimbabwe: Is there a trade-off? This paper presents a simulation of alternative strategies for public debt issuance in Zimbabwe. The analysis is undertaken with a view to find a strategy that minimises the cost and risk of public debt under different scenarios of interest and exchange rate developments. Public debt management, Debt cost, Risk African Review of Economics and Finance
Howard W. French and Alfred A. Knopf China’s Second Continent. How a million migrants are building a new empire in Africa The provocative title and thesis of Howard French’s book is ample evidence of the allure geopolitical narratives have in simplifying what would otherwise be a complex portrait of African-Chinese relations. China, Africa African Review of Economics and Finance
Henry Sanderson and Michael Forsythe China's Superbank: Debt, Oil and Influence - How China Development Bank is Rewriting the Rules of Finance As China has increased its aid, trade, investments, market share, and influence in the countries of Africa, there has been scant attention paid to the role of Chinese financial institutions. China African Review of Economics and Finance
Tom Burgis The Looting Machine:Warlords, Oligarchs, Corporations, Smugglers, and the Theft of Africa’s Wealth In the Looting Machine, Financial Times reporter Tom Burgis attempts to trace the transactions, linkages and individuals that have played a significant role in the persistent and chronic underdevelopment of African states. Theft, Africa African Review of Economics and Finance
Christina Wolf China and latecomer-industrialisation processes in Sub-Saharan Africa: Situating the role of (industrial) policy This paper examines how China’s systemic impact on the world economy and growing presence in Sub-Sahara Africa (SSA) affects processes of structural change in SSA countries. Industrialization, China-Africa, Industrial policy African Review of Economics and Finance
Antoine Kernen And Guive Khan Mohammad Chinese goods reshape Africa In the context of rapid increases in Sino-African trade over the last fifteen years, this article examines the consequences of the proliferation of Chinese goods in the daily life of African societies and the rise of mass consumption on the continent. China in Africa, Chinese goods in Africa, Material culture, African traders African Review of Economics and Finance
Stephan Mothe and Frances Pontemayor The complementarities of Chinese and Western development finance in sub-Saharan Africa This article challenges the widely-held view that the competition for markets and influence between China and the West in sub-Saharan Africa is a zero-sum game, with few incentives or opportunities to collaborate. China-Africa relations, Development finance, China Development Bank, Huawei African Review of Economics and Finance
Yoon Jung Park, Ben Lampert and Winslow Robertson Editorial: China’s impacts on Africa’s development Much has been made of China’s economic ascendency in Africa, most notably its overtaking of the US in 2009 to become the continent’s largest trading partner. Beyond trade, the broader contours of Chinese loans, export credits, investment, and aid have changed Africa’s economic landscape since 2000 when the first Forum on China-Africa Cooperation (FOCAC) meetings were held. China's impact on Africa African Review of Economics and Finance
Dong Le Environmental and social risks of Chinese official development finance in Africa: The case of the Lamu Port project, Kenya Unlike traditional donor countries, China has not established compulsory environmental and social risk (ESR) mitigation mechanisms for its Official Development Finance (ODF) projects. China, Africa, Official development finance, Environmental and social risk mitigation African Review of Economics and Finance
Alice NicoLe Sindzingre Fostering structural change? China’s divergence and convergence with Africa’s other trade and investment partners The paper analyses the divergence and convergence of the characteristics of China’s economic relationships with Africa – trade, investment and aid – with Africa’s ‘traditional’ partners, i.e. Sub-Saharan Africa, China; trade, investment, aid African Review of Economics and Finance
Tia Linda Zuze A riddle explained: gender disparities in east african education There can be little question that studying the relationship between education and inequality will benefit public investment in education. Although primary school enrolment for African girls has increased in many parts of the developing world, gender differences in performance persist, particularly in mathematics and science subjects. Africa, demand for schooling, development, education production function, gender African Review of Economics and Finance
Thokozani Simelane and Mohamed Abdel-Rahman (eds) Energy transition in africa There is a story that Walter Bgoya, the renowned former editor of Tanzania Publishing House, recounted to his audience at an African Conference recently. As an 11-year-old boy in rural Tanzania, Bgoya was taught by the colonial missionaries to regularly confess his sins. Energy, Africa African Review of Economics and Finance
Elizabeth Mamukwa, Ronnie Lessem and Alexander Schieffer (eds) Integral green Zimbabwe: An african phoenix rising The ‘Africa rising’ narrative has generated much debate in recent times. ObengOdoom’s (2014) contribution to the Forum for Social Economics argues that this narrative hides other equally (if not more) important political economic processes and is misleading in its promises and implications. Zimbabwe African Review of Economics and Finance
Franklin Obeng-Odoom Oiling the urban economy: land, labour, capital, and the state in Sekondi-Takorad, Ghana Oiling the urban economyis a pioneering book with a very apt title. Its focus on the impact which the Ghanaian oil boom had on urbanisation, is timely. Land, Secondi-Takoradi, Ghana African Review of Economics and Finance
Jannie Rossouw, Vishnu Padayachee and Bradley Bordiss Central banks and fractional reserve banking: money creation out of nothing? The view is often held that central banks have little or no connection to the society within which they exist, although their policy decisions impact directly on people, institutions and society. central banks, South African Reserve Bank African Review of Economics and Finance
Munacinga C.H. Simatel, Eric Schaling and Paul Alagidede Is Zambia ready for inflation targeting? Since inflation targeting (IT) began about a quarter of a century ago, a number of industrialised and an increasing number of emerging and developing countries have adopted it as a framework for conducting monetary policy. economic stability, financial development, inflation targeting, monetary policy, Zambia African Review of Economics and Finance
Akwasi Kwarteng Amoako-Gyampah Striking where it hurts: the political economy of graduate teachers strikes and labour relations in Ghana’s public education sector This article examines the 2005 and 2006 strike actions of the National Association of Graduate Teachers (NAGRAT). It seeks to investigate the root causes of teacher grievances during the New Patriotic Party (NPP) government’s administration; government responses to these agitations; and, finally, to highlight significant contours of the political economy of labour relations in Ghana’s public education sector. Ghana, Ghana Education Service, Ghana National Association of Teachers, National Association of Graduate Teachers, strikes, teachers’ unions African Review of Economics and Finance
Williams Ohemeng, Bo Sjö and Michael Danquah The effects of transaction costs on the optimal price and production risk management for cocoa-exporting countries This paper derives and estimates empirically the role of transactions costs for the optimal price-risk hedge ratios for four cocoa producing SSA countries (Cameroon, Ghana, Nigeria and Cote d’Ivoire). Futures markets, optimal hedge ratio, cocoa African Review of Economics and Finance
Isaac Addai, Chris Opoku-Agyeman and Sarah K. Amanfu Marriage and subjective well-being in Ghana this study uses individual-level data from the 2005–2008 Ghana World Values survey (n=1 533), to explore the extent to which marriage is associated with subjective well-being (sWB) in Ghana. Gender, Ghana, happiness, life satisfaction, marriage, subjective well-being African Review of Economics and Finance
Michael Eid and Randy J. Larsen The science of subjective well-being The science of subjective well-beingis a collection of works by important authors in the field of subjective well-being (SWB). It is categorised into six major sections: The realm of subjective well-being; Measuring subjective well-being; The happy person; Subjective well-being in the interpersonal domain; Making people happier; and Conclusions and future directions. science of subjective well-being African Review of Economics and Finance
Ferdi Botha and Jen Snowball Subjective well-being in africa Research on quality of life and subjective well-being (SWB) has witnessed a remarkable growth over the past four decades or so. Since Easterlin’s (1974) seminal contribution on the relationship between happiness and income, thousands of studies have followed that examine the intricacies of subjective well-being Subjective African Review of Economics and Finance
Steven Gordon The relationship between national well-being and xenophobia in a divided society: The case of South Africa Personal well-being surveys have increased their coverage on the African continent in recent years, but detailed research on subjective national wellbeing is less common. Immigration, national well-being, national Well-being Index, south Africa, xenophobia African Review of Economics and Finance
Dorit Posel and Daniela Casale Differences in subjective well-being within households: An analysis of married and cohabiting couples in South Africa We investigate differences in subjective well-being (life satisfaction) within the household using matched data on co-resident couples drawn from the 2008 national Income Dynamics study for south Africa. Happiness gaps, intra-household allocation, life satisfaction, subjective well-being African Review of Economics and Finance
Rinie Schenck and Derick Blaauw Sen, subjective well-being and poverty in Namibia the aim of this article is to analyse and describe the perceptions of poverty and subjective well-being as described by the “poor” in namibia, using Amartya sen’s multidimensional theoretical framework of Poverty (Capability approach). Amartya sen, capabilities, namibia, poverty, subjective well-being African Review of Economics and Finance
Marisa von Fintel Subjective well-being, reference groups and relative standing in post-apartheid South Africa Previous studies on the determinants of subjective well-being concur on the importance of relative income, i.e., the fact that individuals’ subjective well-being is dependent on how well they are doing in relation to their reference group Happiness, poverty, reference groups, south Africa, subjective well-being African Review of Economics and Finance