Constraints exerted on interest rate setting behaviour of central banks by high public debt is well acknowledged in the theoretical literature. Empirical evidence, however, remains limited. The few empirical studies either fail to provide confidence intervals for the threshold estimate (a l... Read More

Research in feminist economics suggests that economic position can change gender relations at the household level. Much of this research, however, has been conducted in the Global North where the social structure is quite distinct from those in the Global South. Do Ghanaian women’s earnings... Read More

In this paper, we propose a formal and unified statistical framework in order to help performing reliable nowcasts, short- and long-term forecasts of the real GDP growth in the Tunisian context. To do so, we use a set of available monthly macrofinancial data and takes into account the sovere... Read More

Weather index insurance is an emerging risk management tool in the African agricultural landscape specifically designed for low-income smallholder farmers that are vulnerable to weather related hazards. This insurance solution remain unexplored and commercially unavailable within the South ... Read More

Zambia has adopted Public Private Partnerships (PPPs) as a pro-poor strategy and as an innovative financing model to contribute to the narrowing of the development financing gap. Despite the growth of PPPs in Zambia, there have been no formal assessments of the impact of PPPs. The aim of th... Read More

The place of airports in the economics of development is poorly understood. So, in this research, we assess the impact of the construction of the International Blaise Diagne Airport (BDIA) and the fee for the development of airport infrastructure (RDIA) on tourism demand and economic growth... Read More

The classical finance theory postulates that markets are informationally efficient and that the actions of arbitrageurs always bring stock prices to their correct values. Behavioural finance, on the other hand, emphasises the role of investor sentiment in the formulation of asset prices. In... Read More

The informal sector forms a significant proportion of the private sector of many developing economies. Despite challenges in exact measurement of its size, the informal sector is noted for its role in employment creation as well as economic output in sub-Saharan Africa. However, access to f... Read More

Sixty Years of Ghana-China Relations, one of only a handful of book-length treatments of a single African country’s ties with China, chronicles the sixtyyear history and delves into diplomacy of architecture, gastrodiplomacy, chronopolitics, racism with Chinese characteristics, and more. All ... Read More

Africa’s Last Colonial Currency: The CFA Franc Story by Fanny Pigeaud and Ndongo Samba Sylla is contextualised, analysed, and assessed. Overall, this book is a major contribution to African political economy. Read More