This paper investigates the impact of investment climate on FDI in Africa using a dataset that spans 2000 to 2018. It also hypothesised that the relationship between investment climate and FDI could vary by country classification as a landlocked, least developed (LDC), natural resource-abundant... Read More

In this paper, we attempt to analyze the causal relationship between the financial stability and sovereign rating for Tunisia. To do so, we adopt two-step methodology. We first construct a Financial Stability Index (FSI). Second, we use two models based on different control variables to examine... Read More

Food constitutes a key component of a number of fundamental welfare dimensions, such as food security, nutrition and health. It makes up the largest share of total household expenditure in low-income countries, accounting on average for about 50% of the households’ budgets. Most demand analysis... Read More

Clarifying and managing demographic changes are central to national economic planning. Yet, how to measure the demographic transition can be fiendishly difficult. This paper breaks new grounds by using the National Transfer Accounts Approach to estimate the lifecycle deficit and the first demog... Read More

This article highlights the different phases of a business cycle in the presence of persistent current account deficits. The relationship is facilitated by the quantile regression method. In this method the regression parameters are determined around the conditional mean in the quadratic form o... Read More

This paper takes a critical look at the effect of firm size on the profitability of Ghanaian Insurance brokerage firms. Specifically, the paper examined the effect of firm size (measured by total assets) on firm profitability (measured by ROA and ROE) from a lagged perspective (i.e. the lagged ... Read More

Almost all literature on the impact of longevity concludes that its impact is huge and can collapse any life or pension company if steps are not taken to address it. Yet, life companies in most developing countries do not account for longevity risk. This is a result of the lack of suitable mort... Read More

Mobile money services have shown to be quite beneficial in enhancing and promoting the fundamental responsibilities of the banking sector by establishing and meeting the financial needs of the unbanked and making different financial instruments accessible. An increase in mobile money services i... Read More

Addressing social inclusion in sub-Saharan Africa (SSA) is a pressing concern because the region faces crippling socioeconomic inequalities. We consider it essential to explore the determinants of inclusion in the healthcare system, but that can be done more effectively by determining the drive... Read More

In a global sphere characterized by the interdependence between capital flows, capital markets of the developing countries open up more foreign direct investment flows through host country development such as human capital development and financial system development. One of the sources of econ... Read More