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05/03/2014 Working Paper 198 - Can Intra-Regional Trade Act as a Global Shock Absorber in Africa?
Authors:Mthuli Ncube, Zuzana Brixiova, Qingwei Meng

Categories: Regional Integration

05/03/2014 Working Paper 197 - Estimating the Economic Cost of Fragility in Africa
Authors:Mthuli Ncube, Basil Jones, Zorobabel Bicaba
05/03/2014 Working Paper 199 - Microcredit for the Development of the Bottom of the Pyramid Segment: Impact of Access to Financial Services on Microcredit Clients, Institutions and Urban Sustainability
Authors:Emmanuel Mutisya, Masaru Yarime
27/02/2014 Working Paper 196 - Uses and Abuses of Per-diems in Africa- A Political Economy of Travel Allowances
Authors:Guy Blaise Nkamleu, Bernadette Dia Kamgnia
03/01/2014 Working Paper 195 - Inequality, Economic Growth, and Poverty in the Middle East and North Africa (MENA)

The wave of protests and unrests that swept across the Middle East and North Africa (MENA) region since 2011 has continued in different forms. In addition to demands for more economic and political inclusion, the protests had...Read more

Authors:Mthuli Ncube, John Anyanwu, Kjell Hausken
03/01/2014 Working Paper 194 - The Impact of Community Development Works Programs (CWP) on Households’ Wellbeing in Albania

This paper attempts to evaluate the impact of the Albanian Development Fund’s (ADF’s) CWP programs on access to infrastructures, welfare and social capital. We use the standard of Heckman and Vytlacil (2001) marginal treatment...Read more

Authors:Amadou B. Diallo
03/01/2014 Working Paper 193 - Large Scale Agribusiness Investments and Implications in Africa- Development Finance Institutions' Perspectives

Agriculture is the dominant source of livelihood in Africa, especially in low-income rural areas.  About 70% of the population is directly employed in the sector, and it accounts for approximately 30% of the region’s...Read more

Authors:Issa Faye, Ousman Gajigo, Emelly Mutambatsere
24/12/2013 Working Paper 192 - Empirical Analysis of Agricultural Credit in Africa: Any Role for Institutional Factors

A strong and efficient agricultural sector has the potential to enable a country feed its growing population, generate employment, earn foreign exchange and provide raw materials for industries. It is however ironical that...Read more

Authors:Adeleke Salami, Damilola Felix Arawomo
23/12/2013 Working Paper 190 - Early Warning Systems and Systemic Banking Crises in Low Income Countries: A Multinomial Logit Approach

The global financial crisis has stimulated new interest in models aimed at providing early warning about the risk of a systemic banking crisis based on early warning systems (EWSs). While most of the focus has been on advanced...Read more

Authors:G. Caggiano, P. Calice, L. Leonida
23/12/2013 Working Paper 191 - Do Firms Learn by Exporting or Learn to Export: Evidence from Senegalese Manufacturers’ Plants

This paper investigates the link between exports / trade openness and firms’ performance in the Senegalese manufacture sector, using a rich and unique firm-level panel data spanning the period 1998-2011. The data has been...Read more

Authors:Cisse Fatou, Ji Eun Choi
23/12/2013 Working Paper 189 - An Empirical Investigation of the Taylor Curve in South Africa

Heightened uncertainty and slow growth following the financial crisis have raised expectations about the role of monetary policy in stimulating growth. At the same time, South Africa’s economy has been subject to a number of...Read more

Authors:E. Ndou, N. Gumata, M. Ncube, E. Olson
23/12/2013 Working Paper 188 - Remittances and their Macroeconomic Impact: Evidence from Africa

Over the past decade, remittances to Africa and developing countries through formal channels grew rapidly, due to increased migration and reduced transaction costs. Currently, remittances are the largest international flow of...Read more

Authors:Mthuli Ncube, Zuzana Brixiova
23/12/2013 Working Paper 187 - The Real Exchange Rate and External Competitiveness in Egypt, Morocco and Tunisia

A real exchange rate that is broadly aligned with its equilibrium value is an important part of a country’s macroeconomic and external competitiveness framework. Persistently misaligned real exchange rates can cause a...Read more

Authors:Z. Brixiova, B. Égert, T. Hadj Amor Essid
23/12/2013 Working Paper 186 - Balancing Development Returns and Credit Risks: Evidence from the AfDB’s Experience

The objective of this paper is to shed light on the workings of project quality-at-entry frameworks used by development finance institutions during their project appraisal to measure the expected developmental returns of...Read more

Authors:Y. Arvanitis, M. Stampini, D. Vencatachellum
23/12/2013 Working Paper 185 - Remittances and the Voter Turnout in Sub-Saharan Africa: Evidence from Macro and Micro Level Data

For many developing countries including in Sub-Saharan Africa, international remittance flows represent a large and stable source of external finance. Recent empirical studies using Sub-Saharan African data have demonstrated...Read more

Authors:Christian Ebeke, Thierry Yogo
23/12/2013 Working Paper 184 - Does Oil Wealth Affect Democracy in Africa?

This paper empirically investigates the effects of oil wealth on democracy in Africa. This is because democracy provides a check on governmental power and limits the potential of public officials to amass personal wealth and...Read more

Authors:John C. Anyanwu, Andrew E. O. Erhijakpor
23/09/2013 Working Paper 183 - Global Economic Spillovers to Africa- A GVAR Approach

In this paper, we develop a global vector autoregressive (GVAR) model, with 46 African and 30 foreign countries covering 90% of the world GDP, to examine the growth spillovers coming from the Euro zone and BRICs. To our...Read more

Authors:Daniel Zerfu Gurara, Mthuli Ncube
23/09/2013 Working Paper 182 - Rising Food Prices and Household Welfare in Ethiopia: Evidence from Micro Data

The Ethiopian economy has witnessed double-digit rate of inflation since 2003, surging to a peak of 53% in June 2008. The significant rise in the relative prices of grain and other foodstuff such as sugar, edible oil and other...Read more

Authors:Abebe Shimeles, Andinet Delelegn
23/09/2013 Working Paper 181 - Determining the Correlates of Poverty for Inclusive Growth in Africa

From 2000 to 2012, Africa’s economy has grown rapidly and remarkably, averaging over 5 percent. In 2012 GDP growth in Africa was 6.6 percent, even at a time developed nations are experiencing growth contraction. In spite of...Read more

Authors:John C. Anyanwu
23/09/2013 Working Paper 180 - Marital Status, Household Size and Poverty in Nigeria: Evidence from the 2009-2010 Survey Data

Recent studies on a sample of sub-Saharan Africa have shown that only half of widows or their children received property after the death of their husbands. The rates were high in Rwanda66% in Rwanda (60 percent), Namibia (57...Read more

Authors:John C. Anyanwu

Working Papers

This series presents research findings on topics relevant to African development policy issues. Submissions for the publication of an Economic Research Working Paper are welcome from all professionals; please see the Information for Contributors for more details.

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