scholarly journals Does Foreign Capital Really Matter for Employment? Evidence from Agricultural Dominance African Countries

2021 ◽  
Vol 9 (2) ◽  
pp. 88-104
Author(s):  
Boker Poumie ◽  
Dounya Matsop Claude
Keyword(s):  
Foreign Capital ◽  
African Countries

Ethiopia’s Ethnic-Based Federalism: 10 Years After

2001 ◽  
Vol 29 (1-2) ◽  
pp. 20-25
Author(s):  
Kidane Mengisteab
Keyword(s):  
Economic System ◽  
Economic Activity ◽  
Foreign Capital ◽  
Financial Resources ◽  
African Countries ◽  
Ethnic Tensions ◽  
Sub Saharan ◽  
Human Costs ◽  
Violent Conflicts

Many sub-Saharan African countries find themselves engulfed in chronic ethnic tensions that often erupt into violent conflicts. In addition to the human costs, these conflicts have contributed to the further depletion of the meager financial resources of African countries. They have also disrupted economic activity and contributed to the region’s growing marginalization in the global economic system by discouraging the flow of foreign capital into the continent.

The impact of foreign capital inflows on economic growth on selected African countries

2018 ◽  
Vol 9 (4) ◽  
pp. 523-536 ◽  
Author(s):  
Mohammad Mowlaei
Keyword(s):  
Economic Growth ◽  
Foreign Capital ◽  
Economic Planning ◽  
Data Sets ◽  
Domestic Investment ◽  
African Countries ◽  
Content Type ◽  
Short Run ◽  
Foreign Capital Inflows ◽  
The Impact

Purpose Nowadays, foreign capital inflow (FCI) is considered as a catalyst for economic development and an important source of transferring technology and foreign exchange earnings from developed to developing countries. The purpose of this paper is to study, first, the impact of different forms of FCIs, namely, foreign direct investment (FDI), personal remittances (PR) and official development assistant (ODA) on economic growth on 26 top African countries; and, second, which of them is more effective on economic growth of the studied countries. The results of this paper are very important for host governments’ policy and help them to design their economic plans to absorb the suitable foreign inflow. Design/methodology/approach The paper uses Pooled Mean Group (PMG) econometric technique to estimate the heterogeneous panels over the period 1992–2016. Findings The results of the study show that all three forms of FCIs have positive and significant effects on economic growth in the long and short run. However, the PR had the most effect on economic growth in the long and short run. The study suggests that the governments should design and implement appropriate fiscal, monetary and trade policies in order to create and improve an enabling environment to attract FCIs as a supplementary source of domestic investment. Research limitations/implications The research limitations of this paper are as follows: data sets of FDI, PR and ODA were available not for all African countries; and, data sets that were available were of before the year 1992. Thus, the research is done for the African countries which had the data sets after the year 1992. Practical implications The result of this paper indicates the impact of each FDI, PR and ODA in economic growth. So, countries can take more attentions to each of them on economic planning. Social implications FCIs are one of the important external source of exchange for each country. So, the study of importance of each of them is necessary for economic planning. Originality/value Most of the previous studies have examined the impact of three different forms of FCIs on economic growth separately, on different countries and regions and using various models and econometric techniques. One of the contributions of this paper is focused on the impacts of FDI, PR and ODA on economic growth separately and simultaneously in 26 top recipient African countries and using the PMG technique which is an advanced econometrical estimation and studied less about it. The other contribution of this research is the comparison of the impact of different FCIs on economic growth, and it is very important for governments’ economic policy.

The Political Economy of Industrialization and Industrial Policy in Africa, 1960‒2018

2020 ◽  
pp. 866-893
Author(s):  
Horman Chitonge ◽  
Peter Lawrence
Keyword(s):  
Industrial Policy ◽  
Structural Adjustment ◽  
Foreign Capital ◽  
Import Substitution ◽  
The Political ◽  
Specific Class ◽  
African Countries ◽  
Industrial Growth ◽  
Effect Change ◽  
Structural Adjustment Programmes

This chapter examines industrial policy (IP) in Africa from late colonial times to the present. It focuses on explanations of the failure of African countries to transcend the first stage of import substitution and effect the structural transformation of their economies. These explanations lie in the nature of a country’s power relations, their interaction with foreign capital and international institutions, and their effect on the ability of the state to implement IP. We point to the continuities from colonial IP to the post-independence adoption of more rapid import substitution, then to the effects of liberalization through structural adjustment programmes on IP and industrialization, and finally to the return of a more focused IP. We show the policy effects on industrial growth and economic structure in each period and argue that particular policies were followed because of the power of specific class and state coalitions to prevent or effect change.

An Application of the HFACS Method to Aviation Accidents in Africa

2016 ◽  
Vol 6 (1) ◽  
pp. 33-38 ◽  
Author(s):  
Isaac Munene
Keyword(s):  
Human Factors ◽  
Physical Environment ◽  
Human Factor ◽  
Flight Training ◽  
African Countries ◽  
Causal Factors ◽  
Aviation Accidents ◽  
Factors Analysis ◽  
Adverse Weather ◽  
Decision Errors

Abstract. The Human Factors Analysis and Classification System (HFACS) methodology was applied to accident reports from three African countries: Kenya, Nigeria, and South Africa. In all, 55 of 72 finalized reports for accidents occurring between 2000 and 2014 were analyzed. In most of the accidents, one or more human factors contributed to the accident. Skill-based errors (56.4%), the physical environment (36.4%), and violations (20%) were the most common causal factors in the accidents. Decision errors comprised 18.2%, while perceptual errors and crew resource management accounted for 10.9%. The results were consistent with previous industry observations: Over 70% of aviation accidents have human factor causes. Adverse weather was seen to be a common secondary casual factor. Changes in flight training and risk management methods may alleviate the high number of accidents in Africa.

Exploring the World Trade Organisation's Trade and Environment/Public Health Jurisprudence as a Model for Incorporating a Trade–Labour Linkage into the Organisation's Multilateral Trade Regime: Should African Countries Accept a Policy Shift?

2017 ◽  
Vol 25 (1) ◽  
pp. 47-65
Author(s):  
Tapiwa V. Warikandwa ◽  
Patrick C. Osode
Keyword(s):  
Public Health ◽  
Developing Countries ◽  
World Trade ◽  
African Countries ◽  
Trade Regime ◽  
Multilateral Trade ◽  
Appellate Body ◽  
The World ◽  
Labour Standards ◽  
The Impact

The incorporation of a trade-labour (standards) linkage into the multilateral trade regime of the World Trade Organisation (WTO) has been persistently opposed by developing countries, including those in Africa, on the grounds that it has the potential to weaken their competitive advantage. For that reason, low levels of compliance with core labour standards have been viewed as acceptable by African countries. However, with the impact of WTO agreements growing increasingly broader and deeper for the weaker and vulnerable economies of developing countries, the jurisprudence developed by the WTO Panels and Appellate Body regarding a trade-environment/public health linkage has the potential to address the concerns of developing countries regarding the potential negative effects of a trade-labour linkage. This article argues that the pertinent WTO Panel and Appellate Body decisions could advance the prospects of establishing a linkage of global trade participation to labour standards without any harm befalling developing countries.

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