African Review of Economics and Finance (AREF)
    • A financial Ratio Analysis of Commercial Bank Performance in South Africa

      Author: Mabwe Kumbirai and Robert Webb

      Source: African Review of Economics and Finance, pp 30-53 (Volume 2 2010)

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      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. The study found tha... Read More

    • Does political stability improve the aid-growth relationship? A panel evidence on selected Sub Saharan African countries

      Author: Stephen .E .Armah

      Source: African Review of Economics and Finance, pp 54-76 (Volume 2 2010)

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      Significant ambiguity still surrounds the aid-growth relationship despite fifty years of research on the subject. For the case of Sub-Saharan Africa (SSA), a possible reason for the lack of consensus is that until recently the influence of political stability on the aid-growth relationship had... Read More

    • Do Bilateral Investment Treaties Encourage FDI in the GCC Countries?

      Author: Wasseem Mina

      Source: African Review of Economics and Finance, pp 1-29 (Volume 2 2010)

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      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. Using panel data for the period 1984-2002 and adopting a GMM estima... Read More

    • Economics for Everyone: A Short Guide to the Economics of Capitalism.

      Author: Jim Stanford

      Source: African Review of Economics and Finance, pp 77-80 (Volume 2 2010)

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      ‘Never trust an economist!’ is how Jim Stanford begins this book .The book argues that if economics is about people: their work, their labour, what they produce,

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