Africa’s image as a war-prone region with bleak economic prospects is changing. Most of the conflicts that raged in the 1980s and 1990s have ended. For the first time in 50 years, there are currently more cases of post-conflict than conflict countries. Thus, instead of focusing on conflict...

In an attempt to put an end to the conflicts that had prevailed in Sudan for a long time, three different peace agreements were signed between 2005 and 2007. The first was the comprehensive peace agreement (CPA), which ended the north-south armed conflict. The second was the Darfur peace agreement...

In this paper, using an error correction model, we try to estimate the relationship between energy demand and its key factors in the ECOWAS zone based on sample data of six member States covering the 1975 – 2005 period. We calculate long and short-term elasticities of energy demand, and demonstrate...

The last two decades have witnessed a profound global reassessment of public policy towards infrastructure, with a clear shift in orientation towards private management and ownership. This study appraises the record of private sector participation in infrastructure in Africa. The results of almost...

This paper examines the effects of regional euro-currency integration on economic growth in Sub-Saharan Africa. As having a currency pegged to the euro is likely to be a source of shocks to output, we parameterize a Solow growth model by specifying the level of technology as a function of...

This paper provides a perspective to some puzzling dynamics of market access initiatives for Africa’s export competitiveness in global trade. At the beginning of the 1980s, African countries contributed marginally and narrowly to the global trade. As the difficulties with trade got deep, some...

The debate over the virtues of free capital movement in North Africa raises extremely important and controversial issues. Why should these countries liberalize their capital accounts whereas the free movement of capital is a relatively recent phenomenon? Should they take the development of their...

UNCTAD data reveal that most Middle-East and North African (MENA) countries have failed to attract Foreign Direct Investment (FDI) to levels that are commensurate with their potential. Generally, FDI flows to the MENA region have been consistently abysmal. While there is anecdotal evidence that...

The impact of migrant remittances on economic development and growth is becoming increasingly influential, and harbours vital benefits for developing countries. In this article, we seek to identify the macroeconomic determinants of migrant remittances in the context of Morocco. Using the technique...