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The Dynamics Of Poverty, Inequality And Economic Well-Being: African Economic Growth In Comparative Perspective, Gary S. Fields
The Dynamics Of Poverty, Inequality And Economic Well-Being: African Economic Growth In Comparative Perspective, Gary S. Fields
Gary S Fields
Two hundred and fifty million Africans (about 45% of the population) are poor. In rural areas, where most Africans live, there is, alas, a 'poor majority'. Rural poverty rates range from 37% in Madagascar and 41% in Kenya to 88% in Zambia and 94% in Ghana (Table 1). It is hard to imagine an issue in development economics that is of greater importance to humankind than the effects of economic growth on poverty and economic well-being. Yet there is remarkably little consensus on this vitally important issue, as illustrated by the following two polar positions: New patterns of growth will …
Gdp Per Capita In Africa Before The Global Financial Crisis: Persistence, Mean Reversion And Long Memory Features, Luis A. Gil-Alana, Olaoluwa S. Yaya, Olanrewaju I. Shittu
Gdp Per Capita In Africa Before The Global Financial Crisis: Persistence, Mean Reversion And Long Memory Features, Luis A. Gil-Alana, Olaoluwa S. Yaya, Olanrewaju I. Shittu
CBN Journal of Applied Statistics (JAS)
This paper examined the long memory features of GDP per capita data before the global financial crisis, using a sample of 26 African countries. The study employed fractional integration and tested the stability of the differencing parameter across the sample period for each country. The results indicated that most of the countries’ GDP series were I(1) or higher. Evidence of mean reversion was observed in 10 countries where the disturbances were autocorrelated. There was strong evidence against mean reversion in the remaining 16 countries. The results also indicated that the fractional differencing parameter was stable in 17 countries, while the …
The Political Economy Of Going Global: Understanding The Determinants Of Chinese Foreign Direct Investment In The Middle East And Africa, Majid Shirali
UNLV Theses, Dissertations, Professional Papers, and Capstones
This study seeks to explain the motivating factors behind Chinese foreign direct investment (FDI) patterns to the Middle East and Africa through a quantitative framework that utilizes a pooled cross-sectional time-series data set that covers 57 countries from 2003-2010. Prior research on the issue has hypothesized that China attempts to use external FDI to developing areas to promote national interests and help sustain economic growth. However, there has been an almost exclusive focus on economic determinants while generally ignoring political variables. The approach in this project attempts to fill this scholarly void by employing a broad array of independent variables …
App Newsletter 3, Riccardo Pelizzo
App Newsletter 3, Riccardo Pelizzo
Riccardo Pelizzo
third issue of the APP newsletter where we discuss the results of the Nigerian elections, the consequences of falling oil price, and the costs of instability
App Newsletter 2, Riccardo Pelizzo
App Newsletter 2, Riccardo Pelizzo
riccardo pelizzo
This is the second issue of the newsletter of African Politics and Policy. In this issue our collaborators discuss the uneasy relationship between democracy and development, Tourism in Tanzania, elections in Togo, and Chinese Investments in Africa.