In recent years, there has been a profound reassessment of public policy towards the infrastructure sectors globally with a palpable shift in orientation towards private management and ownership. This study appraises the record of private sector participation in infrastructure (PPI) in Africa. The...

Environmental Kuznets Curve hypothesis postulates an inverted U-shaped relationship between Carbon dioxide emissions and per capita income. However, the experiences of many countries show that economic growth is causing an increase in resource use and pollution more than it is a solution to...

From 1990 to 2010, North African countries achieved rapid economic growth and significant progress in human welfare indicators such as poverty reduction, life expectancy, and health status. Nevertheless, this period ended with popular uprisings that toppled long-standing political regimes in Egypt...

This study investigates the macroeconomic impact of remittances on savings and investment in Sub-Saharan Africa (SSA). It also analyzes comparatively the effectiveness of remittances and foreign aid (official development assistance) in promoting savings and investment. We use a respective sample of...

An analysis of the roles of governance and financial liberalization in the financial development of 37 Sub-Saharan Africa (SSA) countries yields several interesting results using data from 1996 to 2008. Contrary to previous studies, financial liberalization did not have a favorable independent...

Réduction de la dette extérieure et croissance économique dans les pays africains à faible revenu. Download File      AEC 2010 - External Debt Reduction and Economic Growth (1.30 MB)

This study examined the impact of improved rice varieties adoption on rice productivity and farming households’ welfare in Nigeria using a cross sectional data of 481 rice farmers drawn from three states to represent the major rice producing ecologies (Irrigated, upland and lowland) in Nigeria....

Cette étude analyse l’effet de la fuite des capitaux sur la croissance économique en zone franc (ZF). Sur la période 1970-2010, la fuite des capitaux réelle de ces pays est trouvée positive et massive avec une ampleur qui s’élève à environ 86,8 ou 80,1 milliards de dollars, représentant 122,1% ou...

This book was prepared by the Complex of the Chief Economist of the African Development Bank to record the knowledge shared and policy options discussed during the Bank’s 2015 Annual Meetings in Abidjan, Côte d’Ivoire. The production of the book was made possible by the overall supervision and...