| 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 |
|
|
| Isaac Abotebuno Akolgo |
Agenda 2030 in sub-Saharan Africa: What the Millennium Development Goals’ narrative teaches about poverty eradication. |
Description |
African Review of Economics and Finance |
Poverty eradication, Africa, Inequality, Millennium Development Goals, Sustainable Development Goals |
African Review of Economics and Finance |
2018-06-01 |
|
| XolanI Ndlovu and ErIc SchalIng |
The South African rand, fundamentals and commodity prices
|
|
African Review of Economics and Finance |
Commodity prices, Exchange rates, Structural models |
UN Comtrade database; author’s own computations |
2018-06-01 |
|
| ChrIstopher Feather and ChrIs K. Meme |
Consolidating inclusive housing finance development in Africa: Lessons from Kenyan savings and credit cooperatives |
|
African Review of Economics and Finance |
Community saving,Affordable housing finance,Savings and Credit Cooperatives (SACCOs),Credit unions, Kenya,Africa |
African Review of Economics and Finance |
2019-06-01 |
|
| MahawIya Sulemana*, John Bosco DramanI and ErIc Fosu Oteng-AbayIe |
Foreign bank inflows: Implications for bank stability in sub-Saharan Africa
|
|
African Review of Economics and Finance |
ECOWAS,SADC, Financial development, Multivariate logit,System-GMM. |
African Review of Economics and Finance |
2018-06-01 |
|
| Younesse El MenyarI |
Impact of exchange rate volatility on exports: The case of Morocco
|
|
African Review of Economics and Finance |
Exchange volatility,Exports,VECM,EGARCH; GIRF,Morocc |
African Review of Economics and Finance |
2018-06-01 |
|
| Nana Kwame Akosah, ProvIdence Boateng Mireku B and Emmanuel Owusu-AfrIyIe |
Real exchange rate misalignment and macroeconomic implications: recent evidence from Ghana |
|
African Review of Economics and Finance |
Equilibrium Exchange Rate,Misalignment,Ghana |
African Review of Economics and Finance |
2018-06-01 |
|
| Michael Ayerter Nanor, KwasI Kwafo Adarkwa and Michael Poku-Boansi |
A subjective measurement of the determinants of quality of life in Kumasi |
|
African Review of Economics and Finance |
Quality of life,Subjective quality of life, Domain satisfaction,Factor analysis, Kumasi |
African Review of Economics and Finance |
2018-06-01 |
|
| Paul Alagidede and Jones OdeI Mensah |
Construction institutions and economic growth in sub-Saharan Africa
|
|
African Review of Economics and Finance |
Construction, Output growth, Institutions,Endogeneity. |
African Review of Economics and Finance |
2018-06-01 |
|
| Issaka Dialga |
Changing Africa's impoverishing economic model: Towards a rewarding sustainable specialization model with a new factor of production |
|
African Review of Economics and Finance |
Impoverishing specialization,African economie,Neo-factorial model,Natural resources,Values' chain |
African Review of Economics and Finance |
2018-06-01 |
|
| Daniel Domeher*, Eric Yeboah and Florence Ellis |
Formal property titles or more? Perspectives from Ghana's financial institutions |
|
African Review of Economics and Finance |
danieldomeher@gmail.com , Dead capital, Financial institutions, Formal property title, SMEs. |
African Review of Economics and Finance |
2018-06-01 |
|
| FranklIn Obeng-Odoom |
Decolonizing Africa and African Development: The Twenty-First Century Pan-Africanist Challenge
|
|
African Review of Economics and Finance |
Decolonizing,Developement |
African Review of Economics and Finance |
2018-06-01 |
|
| Karl Botchway |
Natural Resource Management and Sustainable Development: How Ghana’s Petroleum Can Create Sustainable Economic Prosperity
|
|
African Review of Economics and Finance |
Natural Resource Management , Sustainable Development |
African Review of Economics and Finance |
2018-06-01 |
|
| Mcebo Zikalala1 and Thabo Sacolo |
Quantifying the size and trends of the shadow economy in the Kingdom of Eswatini |
|
African Review of Economics and Finance |
Shadow econom, Multiple Indicator, Multiple Cause, Eswatini |
African Review of Economics and Finance |
2018-12-01 |
|
| TengeTile G Hlophe and Thula Sizwe Dlamini |
Mapping the National System of Innovation in Eswatini |
|
African Review of Economics and Finance |
Innovation, Science, Technology, Eswatini |
African Review of Economics and Finance |
2018-12-01 |
|
| Mangaliso Mohammed and Thembumenzi Diamini |
Predictors of food insecurity in Eswatini: Lessons from the 2015/16 El Niño induced drought |
|
African Review of Economics and Finance |
Drought, Food Insecurity, Predictors, Food Insecurity Vulnerability |
African Review of Economics and Finance |
2018-12-01 |
|
| Tanele Magongo and Thabo Sacolo |
The economic costs of electrical power outages in Eswatini |
|
African Review of Economics and Finance |
Energy, Power Outages, Economic Costs, Eswatini. |
African Review of Economics and Finance |
2018-12-01 |
|
| Nolwazi Hlophe |
Does financial development mean financial inclusion?. A causal analysis for Eswatini |
|
African Review of Economics and Finance |
Financial Development, Financial Inclusion, Eswatini |
African Review of Economics and Finance |
2018-12-01 |
|
| Thabo Sacolo, Mangaliso Mohammed and Thembumenzi Dlamini |
Evolution of trade in Eswatini from 1968 to 2015: A developmental perspective |
|
African Review of Economics and Finance |
Trade Evolution, Trade-Gross Domestic Product ratio, Trade balance. |
African Review of Economics and Finance |
2018-12-01 |
|
| Melvin Khomo, NomFundo Mamba, and Luleme Matsebula |
Determinants of foreign exchange reserves in Eswatini: An ARDL approach
|
|
African Review of Economics and Finance |
Cointegration; Foreign exchange reserves; Eswatini. |
African Review of Economics and Finance |
2018-12-01 |
|
| Franklin Obeng-Odoom, Editor-in-Chief, Jones Odei Mensah, Editor and Ferdi Botha, Editor |
The African Review of Economics and Finance: Past, present, and future |
|
African Review of Economics and Finance |
Africa, Economics, Finance, Political economy |
African Review of Economics and Finance |
2019-12-01 |
|
| G. Mgabhi and M. Mohammed |
Economic benefits of technical vocational education and training in the Kingdom of Eswatini: A case of the national handicraft training centre
|
|
African Review of Economics and Finance |
Economic Benefits, Skills Utilisation, Youth Employment |
African Review of Economics and Finance |
2018-12-01 |
|
| Mdoe Idi Jackson, Omolo O. Jacob and Nelson H. Wawire |
Bank competitive landscape and competition in the banking sector in Kenya
|
|
African Review of Economics and Finance |
Bank competitive landscape, Intermediation efficiency, Exceptional profits |
African Review of Economics and Finance |
2019-06-01 |
|
| Steve Tonah |
Knowledge sovereignty among African cattle herders |
|
African Review of Economics and Finance |
Knowledge sovereignty |
African Review of Economics and Finance |
2019-06-01 |
|
| Nana Akua Anyidoho |
Women and the informal economy in urban Africa: from the margins to the centre |
|
African Review of Economics and Finance |
Informal economy |
African Review of Economics and Finance |
2019-06-01 |
|
| Akosua K. Darkwah |
The Twilight of Cutting: African activism and life after NGOs |
|
African Review of Economics and Finance |
African activism, NGOs |
African Review of Economics and Finance |
2019-06-01 |
|
| Mayowa G Ajao and Ehi P. Oseyomon |
Credit risk management and performance of deposit money banks in Nigeria |
|
African Review of Economics and Finance |
Credit Risks, Performance, Deposit Money Banks, ROA, GMM |
African Review of Economics and Finance |
2019-06-01 |
|
| Koen Smet |
The financialisation of primary sector MNEs |
|
African Review of Economics and Finance |
Natural resources, Mining, Oil, Food, Primary sector, MNE, Financialisation, Rent theory, Critical political economy |
African Review of Economics and Finance |
2019-06-01 |
|
| Prince Osei-Wusu Adjei, Ignacio Cazcarro, Iñaki Arto, Patrick K. OforiDanson , Joseph K. Asenso, Emmanuel Ekow Asmah, Samuel Nii Codjoe, Kwasi Appeaning Addo and Samuel K. Amponsah |
Comparative analysis of the socio-economic characteristics of Delta and Non-Delta spaces of Ghana: An input-output approach |
|
African Review of Economics and Finance |
: Economic activities, Volta delta, Non-delta, Land use, Employment, Sector productions, Ghana. |
African Review of Economics and Finance |
2019-06-01 |
|
| Barnard B Motileng and Claire Wagner |
A psychological study of the effect of microfinance on the self-esteem and self-efficacy of the poor in South Africa |
|
African Review of Economics and Finance |
Microfinance; Poverty, Self-esteem, Self-efficacy, South Africa. |
African Review of Economics and Finance |
2019-06-01 |
|
| AugustIn Fosu and Dede Gafa |
Natural resources, institutions and economic development in Africa |
|
African Review of Economics and Finance |
Natural resources, Institutions, Africa |
African Review of Economics and Finance |
2019-06-01 |
|
| Maurice J Ogada and Wilfred Nyangena |
Complementarity of inorganic fertilizers and improved maize varieties and farmer efficiency in maize production in Kenya
|
|
African Review of Economics and Finance |
Technology Adoption, Yield, Difference-in-Differences, Kenya |
African Review of Economics and Finance |
2019-06-01 |
|
| Muazu IbrahIm |
On the scholarly contributions of the legendary George Adu |
|
African Review of Economics and Finance |
George Adu, Environmental economics, Macroeconomics |
African Review of Economics and Finance |
2019-06-01 |
|
| JabulIle Msimango-Galawe and BorIs Urba |
An integrated approach to SME risk assessment: A focus on endogenous and exogenous risk factors
|
|
African Review of Economics and Finance |
SMEs, Risk assessment, Success; Growth, Performance, Integrated Framework. |
African Review of Economics and Finance |
2019-06-01 |
|
| Imhotep Paul Alagidede |
Dr. George Adu: A valedictory remembrance |
|
African Review of Economics and Finance |
George Adu, valedictory remembrance |
African Review of Economics and Finance |
2019-06-01 |
|
| FranklIn Obeng Odoom |
George Adu, PhD. (1977-2019): The Social Planner goes home |
|
African Review of Economics and Finance |
George Adu, valedictory remembrance |
African Review of Economics and Finance |
2019-06-01 |
|
| Hannah Vivian Osei |
Tribute to a true and loyal friend |
|
African Review of Economics and Finance |
George Adu, valedictory remembrance |
African Review of Economics and Finance |
2019-06-01 |
|
| |
Demographic Dividend of Ghana: The National Transfer Approach |
Not published |
|
Ghana, National Transfer Accounts, First Demographic Dividend, Lifecycle Deficit, Economic Support Ratio |
|
2019-06-28 |
|
| Ben Kaluwa and Gowokani Chijere Chirwa |
Competition, regulation and banking industry pricing conduct in Malawi |
|
African Review of Economics and Finance |
Collusive Pricing, Banks' Risk Position, Banking Industry, Conduct and Performance, Malawi |
African Review of Economics and Finance |
2017-12-01 |
|
| Anthanasius Fomum Tita and Meshach Jesse Aziakpono |
The relationship between financial inclusion and income inequality in sub-Saharan Africa: Evidence from disaggregated data |
|
African Review of Economics and Finance |
Financial inclusion, Financial institutions, Financial services, Welfare and poverty |
African Review of Economics and Finance |
2017-12-01 |
|
| Ralitza Dobreva and Farai Kwenda |
The impact of acquisitions on profitability: Comparative evidence from listed firms in Brazil and South Africa |
|
African Review of Economics and Finance |
Profitability, merger, acquisitions, leverage, emerging markets |
African Review of Economics and Finance |
2017-12-01 |
|
| Alexander Boateng, Maseka Lesaoana, Hlengani Siweya, Abenet Belete And Lius Alberiko Gil-Alana |
Modelling persistence in the conditional mean of inflation using the ARFIMA process with GARCH and GJRGARCH innovations: The case of Ghana and South Africa |
|
African Review of Economics and Finance |
CPI Inflation, Fractional integration, Persistence, Conditional mean, ARFIMA, GARCH, GJR-GARCH models. |
African Review of Economics and Finance |
2017-12-01 |
|
| William Kavila and Pierre Le Roux |
The role of monetary policy in Zimbabwe's hyperinflation episode |
|
African Review of Economics and Finance |
Monetary Policy, Hyperinflation, Autoregressive Distributed Lag, Error Correction Model. |
African Review of Economics and Finance |
2017-12-01 |
|
| Adel Bosch, Jannie Rossouw and Vishnu Padayachee |
Towards a formal link between inflation perceptions and inflation expectations in South Africa |
|
African Review of Economics and Finance |
Inflation perceptions, Inflation expectations, South Africa, Monetary policy. |
African Review of Economics and Finance |
2017-12-01 |
|
| Xolani Ndlovu and Eric Schaling |
Copper prices and financial markets in Zambia |
|
African Review of Economics and Finance |
Zambia; VECM, Cointegration, Granger causality, Copper prices, Financial markets |
African Review of Economics and Finance |
2017-12-01 |
|
| Ambe J. Njoh, Liora Bigon And Elisabeth N.M. Ayuk-Etang |
Adapting modern ICTs to the spatial and cultural environment of urban Africa: The experience of Cameroon |
|
African Review of Economics and Finance |
Cameroon, GPS, Information and communication technologies (ICTs), Navigation in built space, Syncretism |
African Review of Economics and Finance |
2017-12-01 |
|
| Francis Kwaw Andoh |
Taxable capacity and effort of Ghana's value-added tax |
|
African Review of Economics and Finance |
Tax effort, Tax capacity, VAT, Tax collection, Shadow economy |
African Review of Economics and Finance |
2017-12-01 |
|
| Sanderson Abel and Pierre Le Roux |
An evaluation of the efficiency of the banking sector in Zimbabwe |
|
African Review of Economics and Finance |
Cost and revenue efficiency, Data envelopment analysis, Tobit regression, Zimbabwe |
African Review of Economics and Finance |
2017-12-01 |
|
| Samuel laryea |
Real estate, construction and economic development in emerging market economies |
|
African Review of Economics and Finance |
Real estate, construction, economic development |
African Review of Economics and Finance |
2017-12-01 |
|
| Krige Siebrits |
Local Government Finance: A Comparative Study |
|
African Review of Economics and Finance |
Local Government Finance |
African Review of Economics and Finance |
2017-12-01 |
|
| Franklin Obeng-Odoom |
In Pursuit of Jubilee: A True Story of the First Major Oil Discovery in Ghana |
|
African Review of Economics and Finance |
Pursuit of Jubilee |
African Review of Economics and Finance |
2017-12-01 |
|
| A journal of AREF Consult |
Table of contents for the December Issue, Volume 11 Issue 2, December 2019 |
Table of contents for the December Issue, Volume 11 Issue 2, December 2019 |
African Review of Economics and Finance |
Table of content, December 2019 |
African Review of Economics and Finance |
2019-12-01 |
|
| FranklIn Obeng-Odoom and Daniel W. Bromley |
Interview with Professor Daniel W. Bromley, University of Wisconsin-Madison |
|
African Review of Economics and Finance |
Inequality, Institutions, Daniel Bromley, Institutional Economics |
African Review of Economics and Finance |
2020-05-01 |
|
| Augustin Kwasi Fosu and Dede Woade Gafa |
Progress on poverty in Africa: How have growth and inequality mattered? |
|
African Review of Economics and Finance |
Poverty, Inequality, Growth, Africa |
African Review of Economics and Finance |
2020-05-01 |
|
| Dorrit Posel, Daniela Casale and Erofili Grapsa |
Household variation and inequality: The implications of equivalence scales in South Africa |
|
African Review of Economics and Finance |
Household structure, Equivalence scales, Inequality, Race, South Africa. |
African Review of Economics and Finance |
2020-05-01 |
|
| Mouhamadou Fallilou Ndiaye |
Persistent inequality in Guinea-Bissau: The role of France, the CFA Franc, and long-term currency imperialism |
|
African Review of Economics and Finance |
CFA Currency, Guinea-Bissau, Synthetic Control Method (SCM) |
African Review of Economics and Finance |
2020-05-01 |
|
| Chibuzo N Nwoke |
Rethinking the idea of independent development and self-reliance in Africa |
|
African Review of Economics and Finance |
Africa, Independent Development, Self Reliance, External Trade, Foreign Aid, Growth |
African Review of Economics and Finance |
2020-05-01 |
|
| Velenkosini Matsebula and Derek Yu |
An analysis of financial inclusion in South Africa |
|
African Review of Economics and Finance |
Financial inclusion, financial services, NIDS, South Africa. |
African Review of Economics and Finance |
2020-05-01 |
|
| Odile Mackett |
The measurement of decent work in South Africa: A new attempt at studying quality of work |
|
African Review of Economics and Finance |
Decent work, Labour, Labour Force Survey, Labour Market, ILO |
African Review of Economics and Finance |
2020-05-01 |
|
| John Mukum Mbaku |
Comment on 'Poverty in Africa: How have growth and inequality mattered?'
|
|
African Review of Economics and Finance |
Africa, Income inequality, Wealth inequality, Extreme poverty. |
African Review of Economics and Finance |
2020-05-01 |
|
| Augustin Kwasi Fosu and Dede Woade Gafa |
Reflections on comment by John Mbaku on 'Poverty in Africa: How have growth and inequality mattered?' |
|
African Review of Economics and Finance |
Poverty, Africa |
African Review of Economics and Finance |
2020-05-01 |
|
| Reginald Cline-Cole |
Bouquets and brickbats along the road to development freedom and sovereignty: Commentary on 'Rethinking the idea of independent development and self-reliance in Africa' |
|
African Review of Economics and Finance |
Africa, Development, Autonomy, Radicalism, Alternatives, Environment Solidarity. |
African Review of Economics and Finance |
2020-05-01 |
|
| Vishnu Padayachee |
Extraordinary times: Frank Stilwell and the study of inequality |
|
African Review of Economics and Finance |
Inequality, political economy, alternative public policy. |
African Review of Economics and Finance |
2020-05-01 |
|
| Edward Webster |
Inequality, the pitfalls, and the promise of liberation in Africa |
|
African Review of Economics and Finance |
Inequality, pitfalls, Africa |
African Review of Economics and Finance |
2020-05-01 |
|
| Abdallah Zouache |
From inequality to stratification: Obeng-Odoom's contribution to the study of inequality in Africa |
|
African Review of Economics and Finance |
Stratification, inequality, Africa, Land |
African Review of Economics and Finance |
2020-05-01 |
|
| Franklin Obeng-Odoom |
COVID-19, Inequality, and Social Stratification in Africa |
|
African Review of Economics and Finance |
Global Health Crisis, Africa, Inequality, Social Stratification. |
African Review of Economics and Finance |
2020-05-01 |
|
| Wegayehu Bogale Fitawek and Mmatlou Kalaba |
Do export taxes promote export growth? Evidence from Ethiopia’s leather industry |
|
African Review of Economics and Finance |
Raw hides and skins, leather goods, export tax, competitiveness CMS |
African Review of Economics and Finance |
2019-12-01 |
|
| Ben Kaluwa and Chifundo A. Kunyenje |
The paradox of the financial inclusion-poverty nexus in
Malawi |
|
African Review of Economics and Finance |
Financial Inclusion–Poverty nexus, Malawi |
African Review of Economics and Finance |
2019-12-01 |
|
| Oro U Oro and Imhotep Paul Alagidede |
The non-linear relationship between financial development, economic growth and growth volatility: Evidence from Nigeria |
|
African Review of Economics and Finance |
Nigeria, Financial development, Economic growth, Threshold regression, Growth volatility |
African Review of Economics and Finance |
2019-12-01 |
|
| Nomthandazo Mjuza and Lungile Ntsalaze |
Over-indebtedness of microfinance borrowers in South Africa |
|
African Review of Economics and Finance |
Over-indebtedness, Microcredit, Low income, Microborrowers, South Africa |
African Review of Economics and Finance |
2019-12-01 |
|
| Derick Blaauw, Anmar Pretorius and Rinie Schenck |
The economics of urban waste picking in Pretoria |
|
African Review of Economics and Finance |
Urban informal economy, recycling, street waste-pickers, poverty, waste management system, urban economics |
African Review of Economics and Finance |
2019-12-01 |
|
| Dorota Witkowska and Krzysztof Kompa |
Investigating the motherhood-caregiver penalty |
|
African Review of Economics and Finance |
labour market, wages, gender inequality, motherhood penalty, eldercare penalty |
African Review of Economics and Finance |
2019-12-01 |
|
| Chanelle Leukes and Jones Odei Mensah |
Systemic risk contribution of financial institutions in
South Africa |
|
African Review of Economics and Finance |
Systemic Risk, South Africa, CoVaR, Granger causality network. |
African Review of Economics and Finance |
2019-12-01 |
|
| Emmanuel Okofo-Dartey and Farai Kwenda |
Working capital and mergers and acquisitions transactions
by emerging market acquirers |
|
African Review of Economics and Finance |
Working capital, mergers and acquisitions, probit regression, emerging markets |
African Review of Economics and Finance |
2019-12-01 |
|
| Emmanuel Okofo-dartey and Farai Kwenda |
Mergers and acquisitions and firm value growth in
emerging markets |
|
African Review of Economics and Finance |
Firm value growth, mergers and acquisitions, difference-GMM, emerging markets, Acquirers. |
African Review of Economics and Finance |
2019-12-01 |
|
| Yakubu Awudu Sare |
Effects of financial sector development on energy
consumption in Africa |
|
African Review of Economics and Finance |
Financial sector development, Energy consumption, Africa, GMM |
African Review of Economics and Finance |
2019-12-01 |
|
| Joseph Owusu Amoah, Muazu Ibrahim and Ali Hussam Madugu |
Income diversification and profitability of banks:
Evidence from Ghana’s banking sector |
|
African Review of Economics and Finance |
Income diversification, Non-interest income, Profitability, Banks |
African Review of Economics and Finance |
2019-12-01 |
|
| Atoko Kasongo |
Determinants of cash holding in South Africa: Evidence
from non-financial firms |
|
African Review of Economics and Finance |
Cash holding, Growth opportunities, Firm size, Leverage, Business confidence. |
African Review of Economics and Finance |
2019-12-01 |
|
| Samuel Adu-Gyamfi, Dennis Baffour Awuah and Kwasi Amakye-Boateng |
The economic history of health non-governmental
organisations in Ghana |
|
African Review of Economics and Finance |
Non-Governmental Organizations (NGOs); International NonGovernmental Organizations (INGOs), Government; Health, Asante, Ghana. |
African Review of Economics and Finance |
2019-12-01 |
|
| Temitope Sade Akintunde, Anthony Dotun Oladipo and Rasheed Oyaromade |
Socioeconomic determinants of health status in Nigeria
(1980 - 2014) |
|
African Review of Economics and Finance |
Life expectancy, Cointegration, Vector Error Correction Model, Health; Africa. |
African Review of Economics and Finance |
2019-12-01 |
|
| Lydia Kwoyiga |
Institutional analysis of groundwater irrigation in
Northeast Ghana |
|
African Review of Economics and Finance |
Institutions, Analysis, Groundwater Irrigation, Ghana, Qualitative |
African Review of Economics and Finance |
2019-12-01 |
|
| Thulani Dube and Bibi Zaheenah Chummun |
Effects of mobile money usage on rural consumers’
livelihoods in Zimbabwe |
|
African Review of Economics and Finance |
mobile money, wellbeing, structural model. |
African Review of Economics and Finance |
2019-12-01 |
|
| Imhotep Paul Alagidede |
Randomness and Non-linear Dependence in Africa Equity Returns |
|
African Review of Economics and Finance |
Non-linear behaviour, Market Efficiency, BDS, Africa stock market |
African Review of Economics and Finance |
2009-12-01 |
|
| Franklin Obeng-Odoom |
Oil and Urban Development in Ghana |
|
African Review of Economics and Finance |
Oil, Cities, Ghana, Equity, Environment |
African Review of Economics and Finance |
2009-12-01 |
|
| George Adu |
On the theory of optimal depletion of an exhaustible resource: the case of oil in Ghana |
|
African Review of Economics and Finance |
optimal extraction path, optimal control, costate variable, production quota, Pigouvian tax |
African Review of Economics and Finance |
2009-12-01 |
|
| Michael Brookes, Philani Moyo, Chris Tapscott and Amy Shelver |
The Creative Economy in Africa and the Diaspora |
|
African Review of Economics and Finance |
|
African Review of Economics and Finance |
2020-10-15 |
|
| Richard Haines, Andre Gouws and Unathi Lutshaba |
Industrial clusters and the creative economy: The case for CCI clusters in South Africa |
|
African Review of Economics and Finance |
Clusters, Creative and Cultural Industries, Industrial Policy, Public-Private Partnership, Trade |
African Review of Economics and Finance |
2020-10-15 |
|
| Dr. Alude Mahali |
Own your city: On creative economies in South Africa’s cities |
|
African Review of Economics and Finance |
Culture; creative industries; creative economy; Maboneng; Infecting the City; Open Streets. |
African Review of Economics and Finance |
2020-10-15 |
|
| Willie Tafadzwa Chinyamurindi |
"Breaking through the morass": Narratives of resistance and persuasion by individuals in creative economy careers |
|
African Review of Economics and Finance |
Creative Economy; Narratives; Careers; South Africa |
African Review of Economics and Finance |
|
|
| Serge Hadisi and Jen Snowball |
Employment in the Cultural and Creative Industries in South Africa |
|
African Review of Economics and Finance |
Cultural and Creative Industries; Employment; South Africa |
African Review of Economics and Finance |
2020-10-15 |
|
| JC Van Der Linde, Jen Snowball and Tazleen Jooste |
Mapping the spatial distribution of public funding for arts, culture and heritage in South Africa: Mzansi’s Golden Economy and the Cultural and Creative Industries
|
|
African Review of Economics and Finance |
Cultural and creative industries; funding; GIS, mapping, South Africa. |
African Review of Economics and Finance |
2020-10-15 |
|
| Munyaradzi Chatikobo |
Beyond creative industries: Prospects for the creative sector in South Africa |
|
African Review of Economics and Finance |
Cultural policy; Creative Industries; Cultural planning; ‘Implicit Cultural Policies’; Integrated Development Planning, South Africa. |
African Review of Economics and Finance |
2020-10-15 |
|
| Nathanael Ojong |
Microcredit’s Real Revolution (La vraie révolution du microcrédit) |
|
African Review of Economics and Finance |
Microcredit’s, Real Revolution |
African Review of Economics and Finance |
2017-10-10 |
|
| Nimonka Bayale, Abdou-Fataou Tchagnao and Hopestone Kayiska Chavula |
More elections, more burden? On the relationship between
elections and public debt in Africa |
|
African Review of Economics and Finance |
Public debt; Elections; Africa; Fixed effects; System GMM |
African Review of Economics and Finance |
2021-06-01 |
|
| Ronald Mangani |
On fiscal dominance in Malawi |
|
African Review of Economics and Finance |
Fiscal dominance, ARDL process. |
African Review of Economics and Finance |
2021-06-01 |
|
| Tamara Esther Mughogo and Imhotep Paul Alagidede |
Capital Account Liberalization, Capital Flows and Exchange Rates in Sub-Saharan
Africa |
|
African Review of Economics and Finance |
capital account liberalization, exchange rates, sub-Saharan Africa |
African Review of Economics and Finance |
2021-06-01 |
|
| Roseline Nyakerario Misati, Anne Kamau, Samuel Tiriongo and Maureen Were |
Credit risk and private sector loan growth under interest rate
controls in Kenya |
|
African Review of Economics and Finance |
Non performing loans; interest rate controls; credit growth; Kenya |
African Review of Economics and Finance |
2021-06-01 |
|
| Maxwell Chukwudi Udeagha and Marthinus Christoffel Breitenbach |
Estimating the trade-environmental quality relationship in
SADC with a dynamic heterogeneous panel model |
|
African Review of Economics and Finance |
Trade openness, international trade, CO2 emissions, EKC, SADC |
African Review of Economics and Finance |
2021-06-01 |
|
| Mohammad H. Sepahvanda and Roujman Shahbazian |
Individual’s risk attitudes in sub-Saharan Africa:
Determinants and reliability of self-reported risk in
Burkina Faso |
|
African Review of Economics and Finance |
Risk attitudes; determinants of risk taking; test-retest reliability; Burkina Faso |
African Review of Economics and Finance |
2021-06-01 |
|
| Osman Tahidu Damba, Abdulbaki Bilgic, Joseph Amikuzuno and Muazu Ibrahim |
Investing in cocoa-gold sector and the crude oil priceexchange rate uncertainty in Ghana: Volatility transmission
and hedging approach |
|
African Review of Economics and Finance |
Volatility transmission; price uncertainty; cocoa; crude oil; exchange rate; gold; hedging |
African Review of Economics and Finance |
2021-06-01 |
|
| Annette Serwaa Agyeman, Benedict Arthur and Bismark Addai |
Interest rates and FDI in some selected African countries:
The mediating roles of exchange rate and unemployment |
|
African Review of Economics and Finance |
Foreign direct investment; Interest rate; Unemployment rate; Real exchange rate |
African Review of Economics and Finance |
2021-06-01 |
|
| Jabulile Msimango-Galawe and Nomusa Mazonde |
Entrepreneurial self efficacy and performance of
women-owned SMEs |
|
African Review of Economics and Finance |
Entrepreneurial self efficacy; Financial satisfaction; Women-owned
Businesses; Small and medium enterprises, SMEs, Growth, Women entrepreneurs. |
African Review of Economics and Finance |
2021-06-01 |
|
| Olufemi Adewale Aluko |
An empirical insight into the international tourism –
foreign direct investment nexus in Africa |
|
African Review of Economics and Finance |
International tourism; FDI; Panel Granger non-causality test; Africa. |
African Review of Economics and Finance |
2021-06-01 |
|
| Idowu Daniel Onisanwa and Olanrewaju Olaniyan |
Economic consequences of death and disability in Nigeria |
|
African Review of Economics and Finance |
|
African Review of Economics and Finance |
2021-06-01 |
|
| Baraka Msulwa, Richard Chamboko, Celina Lee, Jaco Weideman and Krista Nordin |
The impact of formal financial services uptake on asset
holdings in Kenya: Causal evidence from a propensity score-matching approach |
|
African Review of Economics and Finance |
Financial inclusion; development; asset ownership; propensity score matching; multiple correspondence analysis. |
African Review of Economics and Finance |
2021-06-01 |
|
| Joseph Olorunfemi Akande, Ntokozo Nzimande, Joseph Chisasa and Tafirenyika Sunde |
Bank competition or concentration: Which is more
important for access to finance in Africa? |
|
African Review of Economics and Finance |
Competition; concentration; access to finance; generalised method of moments |
African Review of Economics and Finance |
2021-06-01 |
|
| Nathanael Ojong |
The Everyday Life of the Poor in Cameroon: The Role of Social Networks in Meeting Needs by Nathanael Ojong. |
|
African Review of Economics and Finance |
|
African Review of Economics and Finance |
2021-06-01 |
|
| Muazu Ibrahim and Gideon Boako |
Editorial: The economic effects of COVID-19 on African
economies |
|
African Review of Economics and Finance |
|
African Review of Economics and Finance |
2021-12-13 |
|
| Mathew Abraham |
An event study analysis of Bitcoin and Altcoins under
COVID-19 |
|
African Review of Economics and Finance |
Cryptocurrency: Blockchain, Bitcoin, Altcoins; Event Study |
African Review of Economics and Finance |
2021-12-13 |
|
| Muazu Ibrahima and Allan Mukungu |
Coronavirus and government response conundrum in
Africa: How effective are the stringency measures? |
|
African Review of Economics and Finance |
COVID-19; stringency index; confirmed cases; deaths; Africa. |
African Review of Economics and Finance |
2021-12-13 |
|
| Eric Amoo Bondzie, William Godfred Cantah, Emmanuel Wiafe Agyapong and Ferdinand Ahiakpor |
Macroeconomic impact of the COVID-19 pandemic on the
Ghanaian economy |
|
African Review of Economics and Finance |
COVID-19; macroeconomic model; economy. |
African Review of Economics and Finance |
2021-12-13 |
|
| Misheck Mutize |
Assessing the impact of COVID-19 induced rating
downgrades on Eurobond yields in Africa |
|
African Review of Economics and Finance |
COVID-19; Africa; sovereign downgrades; Eurobond; procyclical; regulation. |
African Review of Economics and Finance |
2021-12-13 |
|
| Damien Kunjal |
The impact of COVID-19 on stock market liquidity:
Evidence from the Johannesburg Stock Exchange |
|
African Review of Economics and Finance |
Coronavirus; COVID-19; liquidity; pandemic; stock market. |
African Review of Economics and Finance |
2021-12-13 |
|
| Jamal Mohammed, Abdullah Mohammed Ghazi Al Khatib, Pradeep Mishra, Prince Adjei, Pankaj Kumar Singh, S.R. Krishan Priya and Soumitra S. Das |
Modeling and forecasting of COVID-19 from the context of
Ghana |
|
African Review of Economics and Finance |
Forecasting; Modeling; ARIMA; SARIMA; Covid-19; Ghana |
African Review of Economics and Finance |
2021-12-13 |
|
| Khalil Nait Bouzid and Ulrich Ekouala Makala |
Casablanca Stock Exchange response to the COVID-19
pandemic |
|
African Review of Economics and Finance |
COVID-19; Casablanca Stock Exchange; MASI index; GARCH model; VAR-X model; Markov-Switching model. |
African Review of Economics and Finance |
2021-12-13 |
|
| Damien Kunjala and Faeezah Peerbhai |
Investor herding during COVID-19: Evidence from the
South African Exchange Traded Fund market |
|
African Review of Economics and Finance |
Coronavirus; COVID-19; exchange traded fund; herd behaviour; pandemic. |
African Review of Economics and Finance |
2021-12-13 |
|
| Abdul-Aziz Iddrisu and Imhotep Paul Alagidede |
Does high public debt level constrain the interest rate
setting behaviour of the South African Reserve Bank? |
|
African Review of Economics and Finance |
Monetary policy; public debt; inflation; sample splitting; threshold regressions. |
African Review of Economics and Finance |
2022-06-01 |
|
| Nkechi S. Owoo, Monica P. Lambon-Quayefio, Sylvia E. Gyan and Abena D. Oduro |
Women's earnings and domestic work among couples
in Ghana |
|
African Review of Economics and Finance |
earnings; domestic work; childcare; random effects; Ghana. |
African Review of Economics and Finance |
2022-06-01 |
|
| Adel Karaa and Azza Béjaoui |
Towards a better nowcasting and forecasting of Tunisian
GDP growth: The relevance of sovereign ratings data |
|
African Review of Economics and Finance |
Nowcasting; Forecasting; GDP growth; flash indicators; factors’ valtidity |
African Review of Economics and Finance |
2022-06-01 |
|
| Mpho Steve Mathithibane and Bibi Zaheenah Chummun |
Weather index insurance in South Africa: An integrated
approach to farmers’ willingness-to-pay intentions |
|
African Review of Economics and Finance |
Weather index insurance, Smallholder farmers, South Africa, Willingness to-pay |
African Review of Economics and Finance |
2022-06-01 |
|
| Zondwayo Banda and Leward Jeke |
The impact of Public-Private Partnerships on Zambia's
economic growth and development |
|
African Review of Economics and Finance |
Public Private Partnership; GDP; Gearing; Unemployment; Household Consumption; ARDL. |
African Review of Economics and Finance |
2022-06-01 |
|
| Assion Lawson Sipoaka and Francois Joseph Cabral |
Impact of the RDIA and the building of the Blaise Diagne
International Airport on tourism demand and economic
growth in Senegal |
|
African Review of Economics and Finance |
Excise tax, construction, tourism demand, growth, CGEM. |
African Review of Economics and Finance |
2022-06-01 |
|
| Kingstone Nyakurukwa and Yudhvir Seetharam |
The wisdom of the Twitter crowd in the stock market:
Evidence from a fragile state |
|
African Review of Economics and Finance |
Twitter sentiment, Zimbabwe Stock Exchange, Old Mutual Implied Rate, wavelet analysis, behavioural finance |
African Review of Economics and Finance |
2022-06-01 |
|
| Kwasi Gyabaa Tabiri, Eric Arthur, Jacob Novignon and Prince Boakye Frimpong |
Access to credit and informal firm performance: Evidence
from Sub-Saharan Africa |
|
African Review of Economics and Finance |
Informal finance, Informal firms, Firm performance, Sub-Saharan Africa |
African Review of Economics and Finance |
2022-06-01 |
|
| Yoon Jung Park |
Sixty Years of Ghana-China Relations:
Friendship, Friction, and the Future
Lloyd G. Adu Amoah (ed) |
|
African Review of Economics and Finance |
Ghana, China, Ghana-China relations, Emmanuel Hevi, African agency |
African Review of Economics and Finance |
2022-06-01 |
|
| Franklin Obeng-Odoom |
Africa’s Last Colonial Currency: The CFA Franc Story
by Fanny Pigeaud and Ndongo Samba Sylla |
|
African Review of Economics and Finance |
Fanny Pigeaud, Ndongo Samba Sylla, CFA franc, Africa, Colonialism |
African Review of Economics and Finance |
2022-06-01 |
|
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|
Hdid |
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2019-06-04 |
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| |
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Hdid |
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2019-06-04 |
|
| Bradley Bordiss and Jannie Rossouw |
The Virtues of Vishnu: Reflecting on the monetary policy contributions of Professor Vishnu Padayachee |
|
African Review of Economics and Finance |
|
African Review of Economics and Finance |
2022-12-01 |
|
| Solomon Ahimah-Agyakwah, Edward Nketiah-Amponsah and Frank Agyire-Tettey |
Urbanisation and economic growth causal nexus: evidence from panel data analyses of selected positively urbanizing countries in Sub-Saharan Africa |
|
African Review of Economics and Finance |
urbanisation, economic growth, elasticities, system GMM, Granger causality test, Sub-Saharan Africa |
African Review of Economics and Finance |
2022-12-01 |
|
| Yara Elsehaimy and Hebatallah Ghoneim |
Determinants of Comparative Advantage and its Dynamic Relationship with Trading Partners: The Case of Egypt |
|
African Review of Economics and Finance |
Egypt, International Trade, RCA, Comparative Advantage, Ricardo, Exports |
African Review of Economics and Finance |
2022-12-01 |
|
| Dorsaf Azouz Ghachem and Safa Benthabet |
On the Contribution of Banks and Other Financial Services to Systemic Risk in an Era of Revolution: Fresh Insights from Tunisia |
|
African Review of Economics and Finance |
Systemic risk, Index construction, Emerging countries, Banking system, Tunisian Revolution, African context |
African Review of Economics and Finance |
2022-12-01 |
|
| Ibitoye J. Oyebanji and Ewert P. J. Kleynhans |
A SVEC Model of Monetary Policy and International Trade in Nigeria
|
|
African Review of Economics and Finance |
Monetary Policy, International Trade, Shocks, SVECM, Co-integration |
African Review of Economics and Finance |
2022-12-01 |
|
| Atoko Kasongo |
The Impact of Capital Flight on Domestic Investment: Empirical Evidence from South Africa
|
|
African Review of Economics and Finance |
Capital flight, domestic investment, ARDL, South Africa |
African Review of Economics and Finance |
2022-12-01 |
|
| Francois Toerien, Mohammed Badat and Nicholas Zille |
Do actively managed mutual funds deliver positive risk adjusted performance in emerging markets? The case of South African equity unit trusts |
|
African Review of Economics and Finance |
Actively managed equity mutual funds; factor models; risk adjusted return; fees; passive investing |
African Review of Economics and Finance |
2022-12-01 |
|
| Elina M. Amadhila and Tuliky Shawapala |
Are social protection grants alleviating poverty among vulnerable groups in Namibia? – The case of older persons and persons with disabilities |
|
African Review of Economics and Finance |
Social protection, older persons, persons with disabilities, poverty, Namibia |
African Review of Economics and Finance |
2022-12-01 |
|
| Festival Godwin Boateng, Saviour Kusi and Samuel Ametepey |
COVID-19 lockdown defiance, public ‘indiscipline’, and criminalisation of vulnerable populations in Ghana
|
|
African Review of Economics and Finance |
Political economy; Africa; critical postcolonial institutional theory |
African Review of Economics and Finance |
2022-12-01 |
|
| Easmond Baah Nketia, Yusheng Kong, Benjamin Korankye, and Sabina Ampon-Wireko |
The influence of inequality, institutional quality, and foreign aid on inclusive growth in Africa
|
|
African Review of Economics and Finance |
Inclusive growth, Inequality, Foreign aid, Institutional quality, Africa |
African Review of Economics and Finance |
2022-12-01 |
|
| Nathaniel Blankson, Godfred Amewu, and Ebenezer Bugri Anarfo |
The banking crisis in Ghana: Causes and remedial measures |
|
African Review of Economics and Finance |
Banking crisis; remedial measures; corporate governance; Ghana. |
African Review of Economics and Finance |
2022-12-01 |
|
| Review by: Juliette Alenda-Demoutiez* |
The Commons in an Age of Uncertainty: Decolonizing Nature, Economy, and Society, 2021, Franklin Obeng-Odoom, University of Toronto Press, i–xv + 264 pp. ISBN: 9781487513900 |
|
African Review of Economics and Finance |
|
African Review of Economics and Finance |
2022-12-01 |
|
| Parfait Bihkongnyuy Beri and Gabila Fohtung Nubong |
The impact of the investment climate on foreign direct
investment in Africa |
|
African Review of Economics and Finance |
Investment climate; institutions; foreign direct investment; PCA |
African Review of Economics and Finance |
2023-01-07 |
|
| Anass Abouelkhair and Yasser Y. Tamsamani |
Exchange Rate Regime Choice and Economic Growth:
An Empirical Analysis on African Panel Data
|
|
African Review of Economics and Finance |
Exchange rate regime, Economic growth, Neutrality hypothesis, Panel data, Africa |
African Review of Economics and Finance |
2022-12-01 |
|
| Dorsaf Azouz Ghachem, Ameni Ben Sayari, and Azza Béjaoui |
On the nexus between sovereign ratings and financial
stability: Fresh insights from Tunisia |
|
African Review of Economics and Finance |
Financial stability; Sovereign ratings; Index construction; Banking system; Emerging countries; Revolution. |
African Review of Economics and Finance |
2023-07-01 |
|
| Olugbenga A. Egbetokun and Gavin C.G. Fraser |
Farming households’ food demand in South West
Nigeria: An application of Substitution Elasticity
Demand System (SEDS) |
|
African Review of Economics and Finance |
Food; Demand systems; Household; Elasticity and Substitution |
African Review of Economics and Finance |
2023-07-01 |
|
| Eugenia Amporfu, Daniel Sakyi, Prince Boakye Frimpong and Olanrewaju Olaniyan |
Demographic Dividend of Ghana: The National Transfer
Approach |
|
African Review of Economics and Finance |
Ghana, National Transfer Accounts, First Demographic Dividend, Lifecycle Deficit, Economic Support Ratio |
African Review of Economics and Finance |
2023-07-01 |
|
| Marius Achi |
Dynamics of current account deficits over the
economic cycle of countries with an emergence horizon |
|
African Review of Economics and Finance |
Current account deficit; Business cycle; countercyclical; procyclical; Quantile regression |
African Review of Economics and Finance |
2023-07-01 |
|
| Richard Angelous Kotey, Franklin Owusu-Sekyere and Daniel Asante Amponsah |
A critical examination of the effect of size on the
profitability of insurance brokerage firms in Ghana
|
|
African Review of Economics and Finance |
Profitability; Size; Non-linear effect. |
African Review of Economics and Finance |
2023-07-01 |
|
| Samuel E Assabil and Francis Eyiah-Bediako |
Assessing and hedging the impact of longevity risk for
countries with limited data
|
|
African Review of Economics and Finance |
Hedging; Longevity Risk; Interest Rate; Limited Data; Mortality |
African Review of Economics and Finance |
2023-07-01 |
|
| Andrew Osei Agyemang, Angelina Kissiwaa Twum, Joseph Dery Nyeadi, Joseph Owusu Amoah and Anasford Nti Appau |
The Role of Mobile Money Banking Service in Financial
Development: Evidence from Ghana |
|
African Review of Economics and Finance |
Financial Development; Financial Services; Mobile Money Services; Ghana |
African Review of Economics and Finance |
2023-07-01 |
|
| Hanna Kociemska and Romuald Cichon |
Inclusiveness in access to health services in
Sub-Saharan Africa |
|
African Review of Economics and Finance |
inclusiveness, healthcare expenditure, sub-Saharan Africa, quality of government |
African Review of Economics and Finance |
2023-07-01 |
|
| Bouzayani Rajab, Abida Zouheir and Abidi Jameleddine |
Foreign direct investment, human capital and
economic growth in the Arab Maghreb countries |
|
African Review of Economics and Finance |
FDI, Humain Capital, Economic Growth, GMM |
African Review of Economics and Finance |
2023-07-01 |
|
| Agata Kliber and Katarzyna Swierczynska |
From Speculation to Survival Technique - The Role of
Bitcoin in Different Economic Circumstances Based on
the Analysis of Selected African Countries
|
|
African Review of Economics and Finance |
bitcoin; Africa; money; exchange rate; inflation |
African Review of Economics and Finance |
2023-12-01 |
|
| Maxwell Chukwudi Udeagha and Nicholas Ngepah |
The role of tourism development in improving
environmental quality in South Africa: Insights from
novel dynamic ARDL simulations approach |
|
African Review of Economics and Finance |
tourism development, trade openness, CO2 emissions, dynamic ARDL simulations, energy consumption, industrial value-added, South Africa |
African Review of Economics and Finance |
2023-12-01 |
|
| Zelealem Yiheyis, Emmanuel Cleeve and Valeria Andreoni |
Foreign Direct Investment by Emerging Market
Multinationals in Africa: Impact on Domestic Capital
Formation |
|
African Review of Economics and Finance |
Africa; Emerging Markets; Foreign Direct Investment; Gross Fixed Capital Formation |
African Review of Economics and Finance |
2023-12-01 |
|
| Sylvanus Gaku |
Are Children From Financially Included Households
Less Likely to Work? |
|
African Review of Economics and Finance |
child labour, poverty, IV regression, financial inclusion |
African Review of Economics and Finance |
2023-12-01 |
|
| Adamu Waziri Babagana |
The Competitiveness of Nigeria’s Exports: Does the
Choice of Exchange Rate Regime Matter? |
|
African Review of Economics and Finance |
Export competitiveness, Exchange rate regime, Nigeria |
African Review of Economics and Finance |
2023-12-01 |
|
| Tahar Harkat, Samir Aguenaou, Jawad Abrache and Zakaria Ez-zarzari |
Impact of Loan Portfolio Characteristics on
Microfinance Institutions: The Case of Morocco |
|
African Review of Economics and Finance |
Microfinance institutions, Panel Regression, Loan Portfolio, Morocco |
African Review of Economics and Finance |
2023-12-01 |
|
| Iwora Godfrey Agara and Lesley Stainbank |
The Moderating Roles of The Internal and External
Corporate Governance Mechanisms on The
Performance of Non-Financial Listed Firms in Nigeria |
|
African Review of Economics and Finance |
agency theory; corporate governance; Nigeria; Tobin’s Q; ROE; NAT; non-financial; firms; fixed-effect; multivariate-regression; quantitative research, compliance index, equilibrium variable model. |
African Review of Economics and Finance |
2023-12-01 |
|
| Wycliffe Nduga Ouma |
Fundamental Sources of Risk in Frontier Equity Markets |
|
African Review of Economics and Finance |
Equity risk premia; Risk factors; Frontier markets |
African Review of Economics and Finance |
2023-12-01 |
|
| Ronald Mangani |
Smooth Transitioning Growth in Malawi: The Role of
Economic Policy |
|
African Review of Economics and Finance |
economic policy, economic growth, smooth transition regression |
African Review of Economics and Finance |
2023-12-01 |
|
| Tahar Harkat, Samir Aguenaou, Jawad Abrache and Anas Saoudi |
Analysis of Factors Affecting the Performance of
Moroccan Exports
|
|
African Review of Economics and Finance |
Exports performance, Morocco, ARDL, ECM, Macroeconomic variables |
African Review of Economics and Finance |
2023-12-01 |
|
| Mohamed Bouabidi |
Verifying the Tunisian exchange regime stability in the
post-revolution period by state-space models and
high-frequency data |
|
African Review of Economics and Finance |
Exchange Rate, de Facto Regime, State Space Model, Depreciation, Fear of Floating |
African Review of Economics and Finance |
2023-12-01 |
|
| Regret Sunge |
COVID-19 and Trade in Zimbabwe: An Auto-Regressive
Distributed Lag (ARDL) Analysis |
|
African Review of Economics and Finance |
COVID-19; Trade; Exports, Imports, Lockdown; ARDL |
African Review of Economics and Finance |
2023-12-01 |
|
| Alizee Ville |
Ecological Imperialism, Development, and the
Capitalist World-System: Cases from Africa and Asia,
Mariko Lin Frame 2022, Routledge, ISBN
9780367204105 (Hardcopy), 224 pp. |
|
African Review of Economics and Finance |
Ecological Imperialism, Development |
African Review of Economics and Finance |
2023-12-01 |
|
| Jannie Rossouw |
Seigniorage transfer payments in the context of the
Common Monetary Area (CMA) |
This paper considers seigniorage and seigniorage transfer payments within the context of the Common
Monetary Area (CMA), i.e., South Africa on the one hand, and eSwatini, Lesotho and Namibia on the
other hand. Seigniorage generally makes reference to the income that accrues to the relevant issuer of
currency in circulation (physical banknotes notes and coins in circulation), but the literature also elucidates
other definitions. This aspect is considered in this paper. The CMA is a characteristic of Southern Africa
that is often overlooked in the literature. The currencies of eSwatini, Lesotho and Namibia are pegged
to the South African rand and rand transfers freely between the CMA partner countries. After assessing
alternative definitions of seigniorage, this paper argues that, while the CMA-agreement provides for South
Africa to pay seigniorage to eSwatini, Lesotho and Namibia, the seigniorage sharing agreement is too
generous in favour of those countries, therefore including a component of development aid. It would be
in South Africa’s best interest to report development aid in a transparent way, rather than to “hide” it as
deemed or assumed seigniorage |
African Review of Economics and Finance |
Banknotes, coin, currency, Common Monetary Area (CMA), eSwatini, Lesotho, Namibia, SA Reserve Bank, seigniorage, seigniorage transfer payments, South Africa |
African Review of Economics and Finance |
2024-07-01 |
|
| Heba E. Helmy |
Are Exchange Rate, Interest Rate, and Price level Pass-through to Stock Prices in Egypt Symmetric or
Asymmetric? |
This paper employs linear (ARDL) and nonlinear (NARDL) models to examine the short-run and long-run
relationships between stock prices on one hand and each of the exchange rate, the interest rate and the
price level in Egypt. Employing monthly time series variables from January 2000 until June 2022, the
paper concludes that the exchange rate has a clear asymmetric impact on stock prices both in the short and
long run. In the short run, the depreciation of the Egyptian currency (LE) has a very strong instantaneous
impact in raising stock prices, in addition to a significant effect in raising stock prices in the long run. The
opposite impacts do not materialize in the case of the appreciation of the LE. Results also revealed that there
is a significant negative relation between the interest rate and stock prices in the short run, and between
the inflation rate and stock prices in the long run. As the devaluation of the LE (which positively affects
stock prices) was always a main cause behind inflation (which negatively affects stock prices), policymakers
should consider, before devaluing the LE, the net cumulative effects of both variables on stock prices in
the long run, especially since the magnitude of the negative impact of inflation exceedingly outweighs the
positive impact of the devaluation on stock prices. |
African Review of Economics and Finance |
Exchange rate, Interest rate, Inflation rate, Stock prices, Asymmetry, NARDL, Egypt |
African Review of Economics and Finance |
2024-07-01 |
|
| Xing Lu, Hong Zhuang, Jun Wang, Samuel Mbugua, and Hunter Holzhauer |
Calendar Anomalies in Kenyan Stock Exchange |
This research investigates two major calendar anomalies, the day of the week effect and the holiday effect,
in the Nairobi Stock Exchange (NSE), a leading African exchange. By studying eight of the exchange’s
most representative stock indices over a twenty-year period from 2000 to 2019, this research is the first to
test and compare the presence of major calendar anomalies on the NSE before and after the 2008 financial
crisis. The findings suggest that there is a significant and negative return on Mondays, while a positive
return is observed on Fridays. More importantly, these patterns emerged only after the occurrence of
the 2008 financial crisis. In addition, we find a strong and positive pre-holiday return effect for large cap
stocks with high levels of liquidity. The increasing significance of both anomalies during the post-crisis
era aligns with the ongoing trend of growing foreign capital inflows from the UK and other European
nations into Kenya since 2008. Our results shed some light on the degree of market efficiency in one of
the major emerging capital markets in Africa, and its increasingly close relationship with the global capital
market. |
African Review of Economics and Finance |
Day of the Week Effect, Holiday Effect, Nairobi Securities Exchange, Financial Crisis JEL classification: G01, G4, G10, G11. Article history: Received: 8 April, 2022 || Accepted: 19 November, 2023 1. Introduction The Nairobi Securities Exchange (NSE) is a leading African Exchange, based in Kenya. Until the COVID-19 pandemic, Kenya was one of the fastest-growing economies in Africa, with an annual average GDP growth of 5.9% between 2010 and 2018. Kenya has successfully established a diverse and dynamic economy and reached lower-middle income status, and serves, for foreign investors, as the entry point to the larger East-African market. It is well known that the development of financial markets can help innovation and economic growth. Stock exchanges, with their role of efficiently directing the flow of savings and investment in the economy, play a pivotal role in supporting the companies and economies of developing countries. |
African Review of Economics and Finance |
2024-07-01 |
|
| Gifty Ewurama Enchill |
Female Representation and Human Development in
Africa: The Role of Institutional Quality |
Despite policy efforts to increase women’s representation across all sectors, inequality gaps remain in
Africa. However, a growing body of evidence shows that placing women at the center of the development
agenda can have positive effects. In this study, we examine the impact of female representation on
human development in Africa. Applying the generalized method of moments (GMM) and Fixed Effects
techniques, we show that human development in Africa is significantly driven by women’s representation
and institutional quality. The relationship is inverted U-shaped and for proper interpretation, the marginal
effect was computed. The study recommends that there should be tailored compliance policies to support
the quota system to boost female representation levels in Africa. |
African Review of Economics and Finance |
Female Representation, Women in Parliament, Women Ministers, Human Development, Africa. |
African Review of Economics and Finance |
2024-07-01 |
|
| Jacques Totowa and Euphemia Godspower-Akpomiemie |
Secondary innovation and firm performance: A case
study of JSE listed companies |
Companies are always on the lookout for means to improve their performance for the benefit of their
shareholders and other interested parties. Literature has shown that innovation through research and
development (R&D) can be a catalyst for the performance of a company. Unfortunately, not all companies
are able to invest in R&D, especially in emerging markets such as South Africa. Instead, some acquire
patents and licenses (secondary innovation) to achieve the same goals. This study uses generalized method
of moment (GMM) approach on a data set of companies listed on the Johannesburg stock exchange (JSE)
between 2007 and 2021, to ascertain the impact that secondary innovation has on the performance of JSE
listed companies. Our results suggest that the acquisition of secondary innovation has a positive impact on
JSE listed firm. However, we found evidence that the South African government policies in relation to
innovation hampers the performance of JSE listed companies |
African Review of Economics and Finance |
Secondary Innovation, firms’ performance, South Africa |
African Review of Economics and Finance |
2024-07-01 |
|
| J de Necker, JM Geyser, and AM Pretorius |
Weather derivatives as a risk management tool for
maize farmers in South Africa |
The study investigates the potential of weather derivatives to mitigate agricultural risk factors. Specifically,
it examines the feasibility of rainfall options as a risk management tool in hedging yield risk for maize
farmers in the North-Western Free State province of South Africa. The correlation between rainfall and
crop yield is established by examining data on maize yield over a 20-year period. Results indicate that
rainfall during January and February has the most significant impact on maize production. By using a
Yield-at-Risk analysis, the study determines that a minimum rainfall level of 135mm during January and
February is needed to ensure a good crop. The results show that rainfall options can be financially viable
in South Africa, particularly in the water table region of the North-Western Free State. Although the
study admits that farming profitability may not significantly improve, it shows that downside risk can be
limited while still achieving a 30% profit on input costs, as offered by the region |
African Review of Economics and Finance |
Weather Derivatives, Maize, Rainfall Options, Yield Risk, Crop Insurance, South Africa |
African Review of Economics and Finance |
2024-07-01 |
|
| Queen Magadi Mabe and Beatrice. D Simo-Kengne |
Relative Importance of Time, Country and
Bank-specific Effects on Bank Performance: A
Three-Level Hierarchical Approach |
The present study employs the variance component model to assess the relative significance of time,
firm, and country-specific factors in driving the performance fluctuations of 37 African banks over the
period from 2004 to 2021. The findings indicate that time-specific factors hold greater explanatory power
in elucidating variations in bank performance, followed by country-specific and bank-specific effects.
Furthermore, the impact of various risk factors on bank performance is conducted, utilizing panel data
estimation techniques. The study outcome is that explicit deposit insurance schemes demonstrate an adverse
performance effect when implemented in conjunction with escalating leverage ratios. Consequently, it
is recommended that deposit insurance schemes must be accompanied by a reduction in leverage ratios.
Lastly, bank managers should closely monitor year-specific events as they account for a substantial portion
of the observed performance variation |
African Review of Economics and Finance |
bank performance, deposit insurance, and variance component models-hierarchical model |
African Review of Economics and Finance |
2024-07-01 |
|
| Guy Pierre Kabemba Luembe |
Cultural Alienation Through the Lens of Development |
Studying cultural alienation and development is important for understanding the meaning and the im-
plications of cultural alienation for development. The problem is to set an integrated framework for
apprehending the two notions in terms of coexisting divergent cultures within a same society and develop-
ment of human societies. As method, to elucidate the coexistence of divergent cultures within a society, the
African tradition has been retraced from 4236 BCE to date and compared to the transplanted and enforced
capitalist system, regarding the typical socio-economic agents and the rule of wealth concentration. Mean-
while, an analysis framework of culture and development has been set in terms of criteria (or conditions) of
development, satisfaction of basic needs, social priorities and the integrity of culture. Then, the learnings
of the aforementioned comparison of systems has been addressed within this analysis framework. In
addition to its known negative effect on satisfaction, as results, first, cultural alienation traduces into erratic
social priorities and needs satisfaction. Second, cultural alienation implies the perversion of the criteria of
development and thus the perversion of development. These results are significant because erratic priorities
may impede efficiency of resources mobilization and allocation. In addition, solving cultural alienation
problem is essential to engage contemporary Black Africa in its appropriate course of development. About
solutions to cultural alienation, some of them are approached in light of the aforementioned analytical
framework. |
African Review of Economics and Finance |
Cultural conflict; Cultural integrity; Development criteria; Erratic satisfaction; Equations of satisfaction; General History of Africa; Social complexity. |
African Review of Economics and Finance |
2024-07-01 |
|
| Nadeen Omar and Dina Yousri |
Investigating the Effects of Monetary Policy Shocks on
Growth and Inflation in Egypt: Asymmetry and the
Long-term Impact |
Egypt is an emerging economy that has been going through a series of monetary reforms since the 1990s.
Previous studies examined the effects of monetary policy with the assumption of a symmetric impact
on the macroeconomic aggregates. We add to this line of literature with a recent investigation of both
the symmetric and asymmetric effects of monetary policy on output and inflation in Egypt. This paper
utilized the interest rate as the monetary policy instrument and retrieved quarterly data covering the
period from 2007Q3 to 2019Q3. We apply both the linear and non-linear Auto-regressive Distributed
Lag (ARDL) model. In addition, the paper employs an F-bounds test for cointegration and derives the
dynamic multiplier to visualize the asymmetric effects. Despite a significant long-run impact on both
macroeconomic variables, there is evidence for asymmetric effects on inflation, but not on output. We
conclude with policy implications reflecting on Egypt’s plans of implementing an inflation-targeting (IT)
regime. |
African Review of Economics and Finance |
Asymmetric policy, cointegration, interest rate, inflation, non-linear ARDL (NARDL), monetary policy |
African Review of Economics and Finance |
2024-07-01 |
|
| Joseph Olorunfemi Akande, Eukera Wealth and Kuhepa Tjondu |
Tax administrative environment and tax revenue
collections: Evidence from Sub-Sahara Africa |
A perennial question in development economics is why fiscal revenues are consistently low in Africa. This
study explores the role of tax administrative environment in explaining low-tax revenue collection in SSA
region using unbalanced panel data (1991-2018) from 39 countries. A generalised Method of Moment
(GMM) technique is used to analyse the data. The results reveal that the tax administrative environment
influences tax revenue efforts differently, supporting the hypotheses that governance, economic, and
political risks negatively impact tax revenue collection. The study has implications for ensuring an enabling
environment if the current steps at increasing revenue through tax are to be productive. The realignment
of tax efforts to the tax environment underscores the study’s originality. |
African Review of Economics and Finance |
Tax revenue, governance risk, political risk, economic risk, Sub-Saharan Africa, generalised method of moments, tax administrative environment. |
African Review of Economics and Finance |
2024-07-01 |
|
| Eunice A. Adu-Darko |
The Role of Institutional Quality and Financial
Development in Economic Growth in Sub-Saharan
Africa – Linear and Non-linear Analysis with Structural
Breaks |
This paper explores both linear and non-linear impacts that institutional quality and financial development
may have on the economic growth process in the sub-Saharan African region. Annual data from 1984 to
2019 from 28 sub-Saharan African countries was used. Established on the Solow neoclassical theory, we
employ the Cobb-Douglas production function to assess the linear relationship; and the Constant Elasticity
of Substitution (CES) to investigate a possible non-linear relationship. To prevent model misspecification
and increase the power of the regressions, we apply panel cointegration tools that build in cross-sectional
dependency and structural breaks. Our investigations expose significant positive relationships among
economic growth, institutional quality, financial development, and capital for the 28 sub-Saharan African
countries in the long run as long as structural breaks and cross-sectional dependence are taken into account.
The impact of financial development enhanced by institutional quality on economic growth is positive
and significant when structural breaks are considered for the Cobb-Douglas function. In the case of the
CES function, the significantly positive impact is only present for financial development. Important policy
implications on effective measures that stimulate economic growth in sub-Saharan Africa are derived from
this study. |
African Review of Economics and Finance |
Institutional Quality, Financial Development, Economic Growth, Structural Breaks, Sub-Saharan Africa, Cobb-Douglas Function, Constant Elasticity of Substitution Function |
African Review of Economics and Finance |
2024-07-01 |
|
| Obukohwo Oba Efayena, and Enoh Hilda Olele |
Health Status and Household Consumption during
COVID-19 Pandemic: A Case of Rural Communities in
Delta State, Nigeria |
With the global tremors orchestrated by the emerging and ravaging COVID-19 pandemic, consumption
level at the macroeconomic level has been greatly altered as seen by huge government expenditure
and financial indulgences following the easing of lockdowns, although much is yet to be done at the
microeconomic level especially as regards households. This study seeks to examine the impact of health
status on household consumption during the pandemic. Using data of rural communities in Delta State
Nigeria, the specified probit model showed that ill-health has drastically reduced the consumption level
of households, thus re-emphasizing the need to design and implement households-oriented economic
policies to cushion the effects of the pandemic. |
African Review of Economics and Finance |
Covid, Household, Health, Pandemic, Consumption |
African Review of Economics and Finance |
2024-07-01 |
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