Does the presence of foreign owned firms assure the economy of new production techniques and greater investment in domestic innovation? With the use of innovation indicators for firms provided in the World Bank Enterprise Surveys, we examined the innovative activity of firms in the manufacturing...
The study analyzed the impacts of regional trade agreements on intra-trade in three selected agrifood products which are maize, rice and wheat in the three regional economic communities (RECs), namely the Common Market for Eastern and Southern Africa (COMESA), the East African Community (EAC) and...
This paper investigates the effects of rainfall shocks caused by climate change on food security in sub-Saharan Africa (25 countries) compared to developing countries (77 developing countries) over the period 1960-2008. For this purpose, we use panel data and apply econometric methods. Results...
Thus, gender equality in employment is currently one of the greatest development challenges facing countries globally, including those in Africa. In 2011, male employment-to-population ratio, globally, was estimated at about 72.7% compared to female employment-to-population ratio of only 47.9%. For...
25-Oct-2012
AEC 2012 - Credit Bureaus and Registries and Access to Finance- New Evidence from 42 African Countries
Using new data from 42 African countries, we investigate the effects of public and private credit registries on firms’ access to finance as well as the effect of public credit registries’ design on the severity of the financing constraint. Our results show that access to finance is on average...
La majorité des programmes de réduction de la pauvreté ont une composante hygiène alimentaire domestique comme élément d’amélioration de la qualité de vie des ménages. Cependant, l’impact sur le développement durable de la salubrité des aliments dans la restauration publique et surtout ceux offerts...
19-Oct-2012
Economic Brief - Political Fragility in Africa: Are Military Coups d’Etat a Never-Ending Phenomenon ?
The sudden overthrow of a democratically elected government in Mali in the spring of 2012 by a small group of military insurgents is symptomatic of the reemerging pattern of coups d’état which have hit Africa in recent years. So it happened that in March 2012, after enjoying twenty years of...
We build a political economy model of state policy choice highlighting the challenges to breaking barriers to the adoption of inclusive policies in Africa. We highlight necessary and sufficient conditions for a political leader to gain from implementing exclusive policies: (i) Implementing...
Global growth decelerated in the second quarter of 2012 to its slowest rate since the end of 2009. In the U.S., GDP growth slowed to 0.4% in the second quarter while in Japan, the revised figure shows growth for the second quarter at a sluggish 0.2%. The downturn has been led by the continuing...