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Leonce Ndikumana

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Working papers

  1. Leonce Ndikumana & Mare Sarr, 2016. "Capital Flight and Foreign Direct Investment in Africa: An Investigation of the Role of Natural Resource Endowment," SALDRU Working Papers 167, Southern Africa Labour and Development Research Unit, University of Cape Town.

    Cited by:

    1. Mercy W. Mwangi & Amos G. Njuguna & George O. Achoki, 2019. "Relationship between corruption and capital flight in Kenya: 1998-2018," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 8(5), pages 237-250, September.
    2. Simplice A. Asongu & Rexon T. Nting & Evans S. Osabuohien, 2019. "One bad turn deserves another: how terrorism sustains the addiction to capital flight in Africa," Working Papers 19/015, European Xtramile Centre of African Studies (EXCAS).
    3. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Fighting Capital Flight in Africa: Evidence from Bundling and Unbundling Governance," MPRA Paper 77309, University Library of Munich, Germany.
    4. Pacific K. T. Yapatake & Gabriella M-A. M Ngaba, 2019. "Capital Flight and Extent of Corruption control in the Least Corrupt African Countries: An Empirical assessment," CEREDEC Working Papers 19/002, Centre de Recherche pour le Développement Economique (CEREDEC).
    5. Yameng Wang & Apurbo Sarkar & Linyan Ma & Qian Wu & Feng Wei, 2021. "Measurement of Investment Potential and Spatial Distribution of Arable Land among Countries within the “Belt and Road Initiative”," Agriculture, MDPI, vol. 11(9), pages 1-23, September.

  2. Janvier D. Nkurunziza & Léonce Ndikumana & Prime Nyamoya, 2012. "The Financial Sector in Burundi," NBER Working Papers 18289, National Bureau of Economic Research, Inc.

    Cited by:

    1. Sabiiti Mulema, 2019. "Long term Financing and Development of Small and Medium Enterprises in Uganda: A case study of MPK GRAPHICS," International Journal of Science and Business, IJSAB International, vol. 3(3), pages 310-325.
    2. Roel Dom & Lionel Roger, 2018. "Economic sanctions and domestic debt: Burundi's fiscal response to the suspension of budget support," Discussion Papers 2018-12, University of Nottingham, CREDIT.
    3. Devon E.A. Curtis, 2015. "Development assistance and the lasting legacies of rebellion in Burundi and Rwanda," Third World Quarterly, Taylor & Francis Journals, vol. 36(7), pages 1365-1381, July.
    4. Léonce Ndikumana, 2013. "Overcoming Low Political Equilibrium in Africa: Institutional Changes for Inclusive Development," Working Papers wp331, Political Economy Research Institute, University of Massachusetts at Amherst.

  3. Mina Baliamoune-Lutz & Zuzana Brixiov?? & L??once Ndikumana, 2011. "Credit Constraints & Productive Entrepreneurship in Africa," William Davidson Institute Working Papers Series wp1025, William Davidson Institute at the University of Michigan.

    Cited by:

    1. Terence Achiangea Aminkeng & Song Huaming & Ngoe Bosambe Mukete & Gershom Endelani Mwalupaso, 2024. "Impact of Credit Constraints on Financial Performance of Small and Medium Size Enterprises," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 36(4), pages 868-896, August.
    2. Zuzana Brixiová & Thierry Kangoye, 2016. "Start-Up Capital and Women's Entrepreneurship: Evidence from Swaziland," SALDRU Working Papers 192, Southern Africa Labour and Development Research Unit, University of Cape Town.
    3. Sanjay Banerji & Rajesh S. N. Raj & Kunal Sen, 2016. "Monitoring Costs, Credit Constraints and Entrepreneurship," Manchester School, University of Manchester, vol. 84(5), pages 573-599, September.
    4. Brixiova Schwidrowski, Zuzana & Kangoye, Thierry & Tregenna, Fiona, 2020. "Enterprising Women in Southern Africa: When Does Land Ownership Matter?," IZA Discussion Papers 12926, Institute of Labor Economics (IZA).
    5. Brixiová, Zuzana & Kangoye & Thierry & Yogo, Thierry Urbain, 2020. "Access to Finance among Small and Medium-Sized Enterprises and Job Creation in Africa," GLO Discussion Paper Series 665, Global Labor Organization (GLO).
    6. Brixiova Schwidrowski, Zuzana & Kangoye, Thierry, 2016. "Gender Disparities in Employment and Earnings in Sub-Saharan Africa: Evidence from Swaziland," IZA Discussion Papers 10455, Institute of Labor Economics (IZA).
    7. Michael Sheriff & Moreno Muffatto, 2014. "Reviewing Existing Policies For Unleashing And Fostering Entrepreneurship In Selected African Countries," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-36.
    8. Lewis-Landry GAKPA, 2023. "The effects of financial inclusion on entrepreneurship in SSA and the role of institutions," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(637), W), pages 177-202, Winter.
    9. Orkhan Nadirov & Bruce Dehning, 2020. "Tax Progressivity and Entrepreneurial Dynamics," Sustainability, MDPI, vol. 12(9), pages 1-21, April.
    10. Zuzana Brixiova & Thierry Kangoye, 2013. "Working Paper 175 - Youth Employment in Africa: New Evidence and Policies from Swaziland," Working Paper Series 472, African Development Bank.

  4. Baliamoune-Lutz, Mina & Brixiova Schwidrowski, Zuzana & Ndikumana, Leonce, 2011. "Credit Constraints and Productive Entrepreneurship in Africa," IZA Discussion Papers 6193, Institute of Labor Economics (IZA).

    Cited by:

    1. Zuzana Brixiová & Thierry Kangoye, 2014. "Youth Employment in Africa: New Evidence and Policies from Swaziland," AIEL Series in Labour Economics, in: Miguel Ángel Malo & Dario Sciulli (ed.), Disadvantaged Workers, edition 127, chapter 0, pages 181-202, Springer.
    2. Terence Achiangea Aminkeng & Song Huaming & Ngoe Bosambe Mukete & Gershom Endelani Mwalupaso, 2024. "Impact of Credit Constraints on Financial Performance of Small and Medium Size Enterprises," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 36(4), pages 868-896, August.
    3. Zuzana Brixiová & Thierry Kangoye, 2016. "Start-Up Capital and Women's Entrepreneurship: Evidence from Swaziland," SALDRU Working Papers 192, Southern Africa Labour and Development Research Unit, University of Cape Town.
    4. Sanjay Banerji & Rajesh S. N. Raj & Kunal Sen, 2016. "Monitoring Costs, Credit Constraints and Entrepreneurship," Manchester School, University of Manchester, vol. 84(5), pages 573-599, September.
    5. Brixiova Schwidrowski, Zuzana & Kangoye, Thierry & Tregenna, Fiona, 2020. "Enterprising Women in Southern Africa: When Does Land Ownership Matter?," IZA Discussion Papers 12926, Institute of Labor Economics (IZA).
    6. Brixiová, Zuzana & Kangoye & Thierry & Yogo, Thierry Urbain, 2020. "Access to Finance among Small and Medium-Sized Enterprises and Job Creation in Africa," GLO Discussion Paper Series 665, Global Labor Organization (GLO).
    7. Brixiová, Zuzana & Kangoye, Thierry, 2019. "Networks, Start-up Capital and Women’s Entrepreneurial Performance in Africa: Evidence from Eswatini," GLO Discussion Paper Series 431, Global Labor Organization (GLO).
    8. David Margolis, 2014. "By Choice and by Necessity: Entrepreneurship and Self-Employment in the Developing World," Post-Print hal-01060265, HAL.
    9. Brixiova Schwidrowski, Zuzana & Kangoye, Thierry, 2016. "Gender Disparities in Employment and Earnings in Sub-Saharan Africa: Evidence from Swaziland," IZA Discussion Papers 10455, Institute of Labor Economics (IZA).
    10. Mina Baliamoune-Lutz & Pierre Garello, 2011. "Tax Structure and Entrepreneurship," CAE Working Papers 94, Aix-Marseille Université, CERGAM.
    11. Michael Sheriff & Moreno Muffatto, 2014. "Reviewing Existing Policies For Unleashing And Fostering Entrepreneurship In Selected African Countries," Journal of Developmental Entrepreneurship (JDE), World Scientific Publishing Co. Pte. Ltd., vol. 19(03), pages 1-36.
    12. Lewis-Landry GAKPA, 2023. "The effects of financial inclusion on entrepreneurship in SSA and the role of institutions," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(4(637), W), pages 177-202, Winter.
    13. Orkhan Nadirov & Bruce Dehning, 2020. "Tax Progressivity and Entrepreneurial Dynamics," Sustainability, MDPI, vol. 12(9), pages 1-21, April.
    14. Zuzana Brixiova & Thierry Kangoye, 2013. "Working Paper 175 - Youth Employment in Africa: New Evidence and Policies from Swaziland," Working Paper Series 472, African Development Bank.
    15. Roxana Gutierrez-Romero & Luciana Méndez Errico, 2015. "The Long-Term Impact of Inequality on Entrepreneurship and Job Creation," Working Papers wpdea1501, Department of Applied Economics at Universitat Autonoma of Barcelona.

  5. Gerald Epstein & James Heintz & Léonce Ndikumana & Grace Chang, 2011. "Employment, Poverty and Economic Development in Madagascar," Published Studies ndikumana_ilo2010, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Simplice Asongu, 2015. "Reinventing foreign aid for inclusive and sustainable development: Kuznets, Piketty and the great policy reversal," Working Papers of the African Governance and Development Institute. 15/008, African Governance and Development Institute..
    2. Simplice Asongu, 2014. "Reinventing foreign aid for inclusive and sustainable development: a survey," Working Papers of the African Governance and Development Institute. 14/033, African Governance and Development Institute..

  6. James Heintz & Léonce Ndikumana, 2010. "Is There a Case for Formal Inflation Targeting in Sub-Saharan Africa?," Working Papers wp218, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Léonce Ndikumana & Zuzana Brixiova & Kaouther Abderrahim, 2010. "Working Paper 117 - Supporting Africa's Post-Crisis Growth: The Role of Macroeconomic Policies," Working Paper Series 254, African Development Bank.
    2. Mwankemwa, Lusajo P. & Mlamka, Bonaventura, 2022. "Effects of Monetary Policy on Bank’s Credit Dynamics in Tanzania," African Journal of Economic Review, African Journal of Economic Review, vol. 10(2), March.
    3. Gerson Nhapulo & João Nicolau, 2017. "Assessing Nonlinear Dynamics of Central Bank Reaction Function: The Case of Mozambique," South African Journal of Economics, Economic Society of South Africa, vol. 85(1), pages 28-51, March.
    4. Agu, Ugochukwu. & Evoh, Chijioke J., 2011. "Macroeconomic policy for full and productive and decent employment for all : the case of Nigeria," ILO Working Papers 994672123402676, International Labour Organization.
    5. Enock Nyorekwa Twinoburyo & Nicholas M Odhiambo, 2018. "Can Monetary Policy drive economic growth? Empirical evidence from Tanzania," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 12(2), June.
    6. Zuzana Brixiov?? & L??once Ndikumana & Kaouther Abderrahim, 2011. "Supporting Africa???S Post-Crisis Growth: The Role Of Macroeconomic Policies," William Davidson Institute Working Papers Series wp1008, William Davidson Institute at the University of Michigan.
    7. Nana Kwame Akosah & Francis W. Loloh & Maurice Omane-Adjepong, 2018. "Justifying the Adoption and Relevance of Inflation Targeting Framework: A Time-Varying Evidence from Ghana," Papers 1805.11562, arXiv.org.
    8. Epstein, Gerald., 2015. "Development central banking : a review of issues and experiences," ILO Working Papers 994881283402676, International Labour Organization.
    9. Valli, Mohammed & Masih, Mansur, 2014. "Is there any causality between inflation and FDI in an ‘inflation targeting’ regime? Evidence from South Africa," MPRA Paper 60246, University Library of Munich, Germany.
    10. Ndoricimpa Arcade, 2017. "Working Paper 249 - Threshold Effects of Inflation on Economic Growth in Africa: Evidence from a Dynamic Panel Threshold Regression," Working Paper Series 2359, African Development Bank.
    11. Oluwatosin Adeniyi & Festus O. Egwaikhide, 2013. "Saving-Investment Nexus In Developing Countries: Does Financial Development Matter?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(2), pages 119-140, June.
    12. Ahmet Benlialper & Hasan Cömert, 2013. "Implicit Asymmetric Exchange Rate Peg under Inflation Targeting Regimes: The Case of Turkey," Working Papers wp333, Political Economy Research Institute, University of Massachusetts at Amherst.
    13. SENBATA, Sisay Regassa, 2011. "How applicable are the new Keynesian DSGE models to a typical low-income economy?," Working Papers 2011016, University of Antwerp, Faculty of Business and Economics.
    14. Roseline Nyakerario Misati & Esman Morekwa Nyamongo & Lucas Kamau Njoroge & Sheila Kaminchia, 2012. "Feasibility of inflation targeting in an emerging market: evidence from Kenya," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 4(2), pages 146-159, May.
    15. Mr. Arto Kovanen, 2011. "Does Money Matter for Inflation in Ghana?," IMF Working Papers 2011/274, International Monetary Fund.

  7. James Heintz & Léonce Ndikumana, 2010. "Working Paper 108 - Is there a Case for Formal Inflation Targeting in Sub-Saharan Africa?," Working Paper Series 245, African Development Bank.

    Cited by:

    1. Léonce Ndikumana & Zuzana Brixiova & Kaouther Abderrahim, 2010. "Working Paper 117 - Supporting Africa's Post-Crisis Growth: The Role of Macroeconomic Policies," Working Paper Series 254, African Development Bank.
    2. Mwankemwa, Lusajo P. & Mlamka, Bonaventura, 2022. "Effects of Monetary Policy on Bank’s Credit Dynamics in Tanzania," African Journal of Economic Review, African Journal of Economic Review, vol. 10(2), March.
    3. Gerson Nhapulo & João Nicolau, 2017. "Assessing Nonlinear Dynamics of Central Bank Reaction Function: The Case of Mozambique," South African Journal of Economics, Economic Society of South Africa, vol. 85(1), pages 28-51, March.
    4. Agu, Ugochukwu. & Evoh, Chijioke J., 2011. "Macroeconomic policy for full and productive and decent employment for all : the case of Nigeria," ILO Working Papers 994672123402676, International Labour Organization.
    5. Enock Nyorekwa Twinoburyo & Nicholas M Odhiambo, 2018. "Can Monetary Policy drive economic growth? Empirical evidence from Tanzania," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 12(2), June.
    6. Zuzana Brixiov?? & L??once Ndikumana & Kaouther Abderrahim, 2011. "Supporting Africa???S Post-Crisis Growth: The Role Of Macroeconomic Policies," William Davidson Institute Working Papers Series wp1008, William Davidson Institute at the University of Michigan.
    7. Nana Kwame Akosah & Francis W. Loloh & Maurice Omane-Adjepong, 2018. "Justifying the Adoption and Relevance of Inflation Targeting Framework: A Time-Varying Evidence from Ghana," Papers 1805.11562, arXiv.org.
    8. Epstein, Gerald., 2015. "Development central banking : a review of issues and experiences," ILO Working Papers 994881283402676, International Labour Organization.
    9. Valli, Mohammed & Masih, Mansur, 2014. "Is there any causality between inflation and FDI in an ‘inflation targeting’ regime? Evidence from South Africa," MPRA Paper 60246, University Library of Munich, Germany.
    10. Ndoricimpa Arcade, 2017. "Working Paper 249 - Threshold Effects of Inflation on Economic Growth in Africa: Evidence from a Dynamic Panel Threshold Regression," Working Paper Series 2359, African Development Bank.
    11. Oluwatosin Adeniyi & Festus O. Egwaikhide, 2013. "Saving-Investment Nexus In Developing Countries: Does Financial Development Matter?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(2), pages 119-140, June.
    12. Ahmet Benlialper & Hasan Cömert, 2013. "Implicit Asymmetric Exchange Rate Peg under Inflation Targeting Regimes: The Case of Turkey," Working Papers wp333, Political Economy Research Institute, University of Massachusetts at Amherst.
    13. Zhandos Ybrayev, 2017. "The Prospect Of Inflation Targeting In Kazakhstan," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 5(1), pages 33-48.
    14. Mr. Arto Kovanen, 2011. "Does Money Matter for Inflation in Ghana?," IMF Working Papers 2011/274, International Monetary Fund.

  8. Louis Kasekende & Léonce Ndikumana & Taoufik Rajhi, 2009. "Working Paper 96 - Impact of the Global Economic and Financial Crisis on Africa," Working Paper Series 232, African Development Bank.

    Cited by:

    1. Imhotep Paul Alagidede & Gideon Boako & Bo Sjo, 2021. "African equity markets’ exposure to oil and other commodities - implications for global portfolio diversification," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 45(2), pages 288-315, April.
    2. Mutarindwa, Samuel & Schäfer, Dorothea & Stephan, Andreas, 2020. "The impact of liquidity and capital requirements on lending and stability of African banks," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 67(C).
    3. Kasekende Louis & Brixova Zuzana & Ndikumana Leonce, 2010. "Africa: Africa's Counter-Cyclical Policy Responses to the Crisis," Journal of Globalization and Development, De Gruyter, vol. 1(1), pages 1-22, January.
    4. Ho, Sin-Yu, 2016. "Global Economic and Financial Crisis: Exploring the Transmission Channels and Impacts on sub-Saharan African Economies," MPRA Paper 75658, University Library of Munich, Germany.

  9. Fofack, Hippolyte & Ndikumana, Leonce, 2009. "Potential gains from capital flight repatriation for Sub-Saharan African countries," Policy Research Working Paper Series 5024, The World Bank.

    Cited by:

    1. Jean-Louis Combes & Alexandru Minea & Pegdéwendé Nestor Sawadogo, 2019. "Assessing the effects of combating illicit financial flows on domestic tax revenue mobilization in developing countries," Working Papers halshs-02019073, HAL.
    2. Simplice A. Asongu, 2014. "On taxation, political accountability and foreign aid: empirics to a celebrated literature," Research Africa Network Working Papers 14/017, Research Africa Network (RAN).
    3. Simplice A. Asongu, 2017. "Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 211-253, March.
    4. Simplice A. Asongu, 2014. "Fighting African Capital Flight: Empirics on Benchmarking Policy Harmonization," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 93-122, June.
    5. Fofack, Hippolyte, 2009. "Africa and Arab Gulf states : divergent development paths and prospects for convergence," Policy Research Working Paper Series 5025, The World Bank.
    6. Shafaeddin, Mehdi, 2009. "The Impact of the Global Economic Crisis on Industrialization of Least Developed Countries," MPRA Paper 18788, University Library of Munich, Germany.
    7. Simplice Asongu, 2015. "Addressing a Root Cause of Sub Saharan Africa’s Poverty Tragedy: Horizons for post-2015 Common Capital Flight Policies," Working Papers of the African Governance and Development Institute. 15/048, African Governance and Development Institute..
    8. Simplice A. Asongu, 2015. "Addressing a Root Cause of Sub Saharan Africa’s Poverty Tragedy: Horizons for post-2015 Common Capital Flight Policies," Research Africa Network Working Papers 15/048, Research Africa Network (RAN).
    9. Toyo Amègnonna Marcel Dossou, 2023. "Income Inequality in Africa: Exploring the Interaction Between Urbanization and Governance Quality," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 167(1), pages 421-450, June.
    10. Asongu, Simplice, 2015. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes and Implications," MPRA Paper 67857, University Library of Munich, Germany.
    11. Simplice A. Asongu & Vanessa S. Tchamyou & Paul N. Acha-Anyi, 2017. "Who is Who in Knowledge Economy in Africa?," Research Africa Network Working Papers 17/043, Research Africa Network (RAN).
    12. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Fighting African Capital Flight: Trajectories, Dynamics and Tendencies," MPRA Paper 102034, University Library of Munich, Germany.
    13. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Unjust Enrichment from Official Corruption in Africa: Theory and Model on how Lenders have benefited," Working Papers of the African Governance and Development Institute. 16/034, African Governance and Development Institute..
    14. Nnaemeka N. Obasi, 2015. "The Impact of Transfer Pricing on Economic Growth in Nigeria," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(12), pages 127-138, December.
    15. Dachraoui, Hajer & Smida, Mounir, 2014. "La Mesure de la Fuite des Capitaux et son Impact sur l’Investissement Domestique : Cas des Pays Émergents [Measurement of capital flight and its impact on domestic investment in emerging countries]," MPRA Paper 62740, University Library of Munich, Germany.
    16. Fofack, Hippolyte, 2009. "Determinants of globalization and growth prospects for Sub-Saharan African countries," Policy Research Working Paper Series 5019, The World Bank.

  10. Léonce Ndikumana & Mina Baliamoune-Lutz, 2008. "Corruption and Growth: Exploring the Investment Channel," UMASS Amherst Economics Working Papers 2008-08, University of Massachusetts Amherst, Department of Economics.

    Cited by:

    1. Siagne, Youssouha Sakrya, 2020. "Improving business environment: a key to unlock investment: evidence from manufacturing firms in Senegal," MPRA Paper 115085, University Library of Munich, Germany.
    2. Simplice A. Asongu & Jacinta C. Nwachukwu, 2016. "Mobile Phone Penetration, Mobile Banking and Inclusive Development in Africa," The African Finance Journal, Africagrowth Institute, vol. 18(1), pages 34-52.
    3. Asongu, Simplice A & Odhiambo, Nicholas M, 2019. "Taxation,foreign aid and political governance in Africa," Working Papers 25396, University of South Africa, Department of Economics.
    4. Simplice A. Asongu, 2014. "On taxation, political accountability and foreign aid: empirics to a celebrated literature," Research Africa Network Working Papers 14/017, Research Africa Network (RAN).
    5. Wu, Bao & Wang, Qi & Fang, Chevy-Hanqing & Tsai, Fu-Sheng & Xia, Yuanze, 2022. "Capital flight for family? Exploring the moderating effects of social connections on capital outflow of family business," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 77(C).
    6. Asongu, Simplice A., 2013. "How do institutions matter in the income-equalizing effect of mobile phone penetration?," European Economic Letters, European Economics Letters Group, vol. 2(2), pages 56-61.
    7. Asongu , Simplice A., 2015. "On the dynamic effects of foreign aid on corruption," European Economic Letters, European Economics Letters Group, vol. 4(1), pages 5-10.
    8. Dejene Mamo Bekana, 2021. "Innovation and Economic Growth in Sub-Saharan Africa: Why Institutions Matter? An Empirical Study Aross 37 Countries," Arthaniti: Journal of Economic Theory and Practice, , vol. 20(2), pages 161-200, December.
    9. Simplice A. Asongu & Joseph Nnanna, 2020. "Governance and the Capital Flight Trap in Africa," Working Papers of the African Governance and Development Institute. 20/024, African Governance and Development Institute..
    10. Asongu Simplice & Mohamed Jellal, 2013. "On the channels of foreign aid to corruption," Working Papers of the African Governance and Development Institute. 13/018, African Governance and Development Institute..
    11. Njoya, Loudi & Ngouhouo, Ibrahim & Asongu, Simplice & Schneider, Friedrich, 2022. "The role of economic prosperity on informality in Africa: evidence of corruption thresholds from PSTR," MPRA Paper 119059, University Library of Munich, Germany.
    12. Ssozi, John & Asongu, Simplice, 2014. "The Effects of Remittances on Output per Worker in Sub-Saharan Africa: A Production Function Approach," MPRA Paper 64457, University Library of Munich, Germany.
    13. Asongu Simplice, 2012. "The political economy of development assistance: peril to government quality dynamics in Africa," Working Papers of the African Governance and Development Institute. 12/008, African Governance and Development Institute..
    14. Simplice Anutechia Asongu & Mohamed Jellal, 2014. "International aid, corruption and fiscal policy behavior," AAYE Policy Research Working Paper Series 14_019, Association of African Young Economists, revised Sep 2014.
    15. Bah, El-hadj M. & Fang, Lei, 2011. "Impact of the business environment on output and productivity in Africa," MPRA Paper 32225, University Library of Munich, Germany.
    16. Simplice Asongu & Jacinta C. Nwachukwu, 2015. "A Good Turn Deserves Another: Political Stability, Corruption and Corruption-Control," Working Papers of the African Governance and Development Institute. 15/039, African Governance and Development Institute..
    17. Asongu Simplice & Michael E. Batuo, 2012. "The Impact of Liberalisation Policies on Inequality in Africa," Working Papers of the African Governance and Development Institute. 12/038, African Governance and Development Institute..
    18. Harouna Sedgo & Luc-Désiré Omgba, 2021. "Corruption and distortion of public expenditures: Evidence from Africa," Working Papers hal-04159761, HAL.
    19. El-Hadj Bah & Lei Fang, 2015. "Working Paper - 219 - Impact of the business Environment on Output and Productivity in Africa," Working Paper Series 2159, African Development Bank.
    20. Selçuk Çağrı ESENER & Evren İPEK, 2018. "The Impacts of Public Expenditure, Government Stability and Corruption on Per Capita Growth: An Empirical Investigation on Developing Countries," Sosyoekonomi Journal, Sosyoekonomi Society, issue 26(36).
    21. Diagne, Youssoupha S, 2013. "Impact of business environment on investment and output of manufacturing firms in Senegal," MPRA Paper 54227, University Library of Munich, Germany.
    22. Asongu, Simplice, 2013. "Mobile banking and mobile phone penetration: which is more pro-poor in Africa?," MPRA Paper 56800, University Library of Munich, Germany.
    23. Simplice A. Asongu, 2016. "Law and Investment in Africa," Institutions and Economies (formerly known as International Journal of Institutions and Economies), Faculty of Economics and Administration, University of Malaya, vol. 8(2), pages 95-124, April.
    24. Simplice A. Asongu, 2014. "On the Effect of State fragility on Corruption," Research Africa Network Working Papers 14/040, Research Africa Network (RAN).
    25. He, Jiao & Deng, Zhenghua, 2023. "Revisiting natural resources rents and sustainable financial development: Evaluating the role of mineral and forest for global data," Resources Policy, Elsevier, vol. 80(C).
    26. Temesgen Worku & Juan P. Mendoza & Jacco L. Wielhouwer, 2016. "Tariff evasion in sub-Saharan Africa: the influence of corruption in importing and exporting countries," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 23(4), pages 741-761, August.
    27. Simplice A. Asongu, 2014. "Taxation, foreign aid and political governance: figures to the facts of a celebrated literature," Research Africa Network Working Papers 14/022, Research Africa Network (RAN).
    28. Michael Enowbi Batuo & Simplice A. Asongu, 2015. "The impact of liberalisation policies on income inequality in African countries," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 42(1), pages 68-100, January.
    29. Eiji Yamamura & Inyong Shin, 2013. "Decomposition of Ethnic Heterogeneity on Growth," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 55(1), pages 59-75, March.
    30. Alastaire Sèna ALINSATO, 2015. "Globalization, Poverty And Role Of Infrastructures," Journal of Economics and Political Economy, KSP Journals, vol. 2(1s), pages 197-212, May.
    31. Asongu, Simplice & Jellal, Mohamed, 2014. "International aid corruption and fiscal behavior policy," MPRA Paper 57192, University Library of Munich, Germany.
    32. Dokas, Ioannis & Panagiotidis, Minas & Papadamou, Stephanos & Spyromitros, Eleftherios, 2023. "Does innovation affect the impact of corruption on economic growth? International evidence," Economic Analysis and Policy, Elsevier, vol. 77(C), pages 1030-1054.
    33. Nesrine Dardouri & Abdelkader Aguir & Ramzi Farhani & Mounir Smida, 2023. "Revisiting the Determinants of Investment- The Case of Tunisia," Post-Print hal-04101430, HAL.
    34. Khan, Muhammad Atif & Gu, Lulu & Khan, Muhammad Asif & Oláh, Judit, 2020. "Natural resources and financial development: The role of institutional quality," Journal of Multinational Financial Management, Elsevier, vol. 56(C).
    35. Misati, Roseline Nyakerario & Nyamongo, Esman Morekwa, 2011. "Financial development and private investment in Sub-Saharan Africa," Journal of Economics and Business, Elsevier, vol. 63(2), pages 139-151, March.
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    37. Alssadek, Marwan & Benhin, James, 2023. "Natural resource curse: A literature survey and comparative assessment of regional groupings of oil-rich countries," Resources Policy, Elsevier, vol. 84(C).
    38. Giorgio d’Agostino & John Paul Dunne & Luca Pieroni, 2012. "Corruption, Military Spending And Growth," Defence and Peace Economics, Taylor & Francis Journals, vol. 23(6), pages 591-604, December.
    39. Simplice A. Asongu & Jacinta C. Nwachukwu, 2016. "Foreign aid and governance in Africa," International Review of Applied Economics, Taylor & Francis Journals, vol. 30(1), pages 69-88, January.
    40. Misati, Roseline Nyakerario & Nyamongo, Esman Morekwa, 2011. "Financial development and private investment in Sub-Saharan Africa," Journal of Economics and Business, Elsevier, vol. 63(2), pages 139-151.
    41. Weiss, Eli & Rosenblatt, David, 2010. "Regional economic growth in Mexico : recent evolution and the role of governance," Policy Research Working Paper Series 5369, The World Bank.
    42. Ufere, Nnaoke & Gaskin, James & Perelli, Sheri & Somers, Antoinette & Boland, Richard, 2020. "Why is bribery pervasive among firms in sub-Saharan African countries? Multi-industry empirical evidence of organizational isomorphism," Journal of Business Research, Elsevier, vol. 108(C), pages 92-104.

  11. Ndikumana, Leonce & Verick, Sher, 2008. "The Linkages between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment in Sub-Saharan Africa," IZA Discussion Papers 3296, Institute of Labor Economics (IZA).

    Cited by:

    1. Yassin Elshain Yahia & Liu Haiyun & Muhammad Asif Khan & Sayyed Sadaqat Hussain Shah & Mollah Aminul Islam, 2018. "The Impact of Foreign Direct Investment on Domestic Investment: Evidence from Sudan," International Journal of Economics and Financial Issues, Econjournals, vol. 8(6), pages 1-10.
    2. Isabelle RABAUD & Askandarou Cheik DIALLO & Luc JACOLIN, 2021. "Foreign direct investment and domestic private investment in Sub-Saharan African countries: crowding-in or out?," LEO Working Papers / DR LEO 2879, Orleans Economics Laboratory / Laboratoire d'Economie d'Orleans (LEO), University of Orleans.
    3. Ben Yedder, Nadia & El Weriemmi, Malek & Bakari, Sayef, 2023. "The nexus between domestic investment and economic growth in MENA countries; Do Patents matter?," MPRA Paper 118174, University Library of Munich, Germany.
    4. M. Ayhan Kose & Franziska Ohnsorge & Lei Sandy Ye & Ergys Islamaj, 2017. "Weakness in Investment Growth: Causes, Implications and Policy Responses," Koç University-TUSIAD Economic Research Forum Working Papers 1707, Koc University-TUSIAD Economic Research Forum.
    5. G.S. Chen & Y. Yao & Julien Malizard, 2017. "Does foreign direct investment crowd in or crowd out private domestic investment in China? The effect of entry mode," Post-Print hal-03124847, HAL.
    6. Andrés Rodríguez-Pose & Gilles Cols, 2017. "The determinants of foreign direct investment in sub-Saharan Africa: What role for governance?," Regional Science Policy & Practice, Wiley Blackwell, vol. 9(2), pages 63-81, June.
    7. Dhahri, Sabrine & Omri, Anis, 2020. "Foreign capital towards SDGs 1 & 2—Ending Poverty and hunger: The role of agricultural production," Structural Change and Economic Dynamics, Elsevier, vol. 53(C), pages 208-221.
    8. Carike Claassen & Elsabé Loots & Henri Bezuidenhout, 2011. "Chinese Foreign Direct Investment in Africa," Working Papers 261, Economic Research Southern Africa.
    9. Anayochukwu Basil Chukwu & Adeolu O. Adewuyi & Adebowale M. Adeleke & Banji B. Awodumi & Tobechi F. Agbanike, 2022. "Modelling composition of growth, FDI and welfare in Africa: a SEM approach," Economic Change and Restructuring, Springer, vol. 55(4), pages 2445-2478, November.
    10. Hieu Thanh Nguyen & Hiep Ngoc Luu & Ngoc Ha Do, 2021. "The dynamic relationship between greenfield investments, cross-border M&As, domestic investment and economic growth in Vietnam," Economic Change and Restructuring, Springer, vol. 54(4), pages 1065-1089, November.
    11. Metaxas, Theodore & Kechagia, Polyxeni, 2016. "Literature review of 100 empirical studies of Foreign Direct Investment: 1950-2015," MPRA Paper 71414, University Library of Munich, Germany.
    12. Adeel Ahmad DAR & Taj MUHAMMAD & M. Wasif SIDDIQI, 2020. "Bureaucratic Quality and FDI Inflows Nexus: A South Asian Perspective," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(3), pages 149-168, September.
    13. Asafo-Agyei, George & Kodongo, Odongo, 2022. "Foreign direct investment and economic growth in Sub-Saharan Africa: A nonlinear analysis," Economic Systems, Elsevier, vol. 46(4).
    14. Van Bon Nguyen, 2021. "The relationship between FDI inflows and private investment in Vietnam: Does institutional environment matter?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(1), pages 1151-1162, January.
    15. Ergin Akalpler & Hemn Adil, 2017. "The impact of foreign direct investment on economic growth in Singapore between 1980 and 2014," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 7(3), pages 435-450, December.
    16. Farla K. & Crombrugghe D.P.I. de & Verspagen B., 2013. "Institutions, foreign direct investment, and domestic investment : crowding out or crowding in?," MERIT Working Papers 2013-054, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    17. Ambaye, Guesh Gebremeske & Berhanu, T. & Abera, G., 2013. "Modeling the Determinats of Domestic Private Investments in Ethiopia," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 5(4), pages 1-11, December.
    18. Eslon Ngeendepi & Andrew Phiri, 2021. "Do FDI and Public Investment Crowd in/out Domestic Private Investment in the SADC Region?," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 19(1 (Spring), pages 3-25.
    19. Hrushikesh Mallick, 2024. "Does onslaught of globalisation induce pro-efficient government expenditures in a large transitioning economy? Empirical evidence from India," Economic Change and Restructuring, Springer, vol. 57(2), pages 1-46, April.
    20. Stephen Taiwo Onifade & Abdul Qahar Khatir & Ahmet Ay & Murat Canitez, 2022. "Reviewing the Trade Openness, Domestic Investment, and Economic Growth Nexus: Contemporary Policy Implications for the MENA Region," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 14(2), pages 489-512, June.
    21. Ijirshar, Victor Ushahemba & Andohol, Jerome, 2022. "Investment-growth nexus in West Africa: An assessment of whether fragility matter," International Review of Economics & Finance, Elsevier, vol. 81(C), pages 1-17.
    22. Jumhur Tegep & Eddy Suratman & Sukma Indra, 2019. "The Failure of Foreign Direct Investment to Explain Unemployment Rate and the Mediating Role of Economic Growth and Minimum Wage," International Journal of Economics and Financial Issues, Econjournals, vol. 9(2), pages 154-161.
    23. Yao Yao & Ruhul Salim, 2020. "Crowds in or crowds out? The effect of foreign direct investment on domestic investment in Chinese cities," Empirical Economics, Springer, vol. 58(5), pages 2129-2154, May.
    24. Elliot Boateng & Mary Amponsah & Collins Annor Baah, 2017. "Complementarity Effect of Financial Development and FDI on Investment in Sub-Saharan Africa: A Panel Data Analysis," African Development Review, African Development Bank, vol. 29(2), pages 305-318, June.
    25. Szirmai A. & Gebreeyesus M. & Guadagno F. & Verspagen B., 2013. "Promoting productive employment in Sub‐Saharan Africa : a review of the literature," MERIT Working Papers 2013-062, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    26. Mebratu Seyoum & Renshui Wu & Jihong Lin, 2015. "Foreign Direct Investment and Economic Growth: The Case of Developing African Economies," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 122(1), pages 45-64, May.
    27. Shah, Syed Hasanat & Hasnat, Hafsa & Cottrell, Simon & Ahmad, Mohsin Hasnain, 2020. "Sectoral FDI inflows and domestic investments in Pakistan," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 96-111.
    28. Muqtada, M., 2010. "The crisis of orthodox macroeconomic policy : the case for a renewed commitment to full employment," ILO Working Papers 994562813402676, International Labour Organization.
    29. Adams, Samuel, 2009. "Foreign Direct investment, domestic investment, and economic growth in Sub-Saharan Africa," Journal of Policy Modeling, Elsevier, vol. 31(6), pages 939-949, November.
    30. Nadia Ben Yedder & Malek El Weriemmi & Sayef Bakari, 2023. "The Impact of Domestic Investment and Trade on Economic Growth in North Africa Countries: New Evidence from Panel CS-ARDL Model," EuroEconomica, Danubius University of Galati, issue 2(42), pages 22-41, November.
    31. Shahbaz, Muhammad & Nasreen, Samia & Abbas, Faisal & Anis, Omri, 2015. "Does foreign direct investment impede environmental quality in high-, middle-, and low-income countries?," Energy Economics, Elsevier, vol. 51(C), pages 275-287.
    32. Sinan Erdogan & Ali Acaravci, 2022. "On the Nexus Between Institutions and Economic Development: An Empirical Analysis for Sub-Saharan African Countries," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 34(4), pages 1857-1892, August.
    33. Abdulazeez Hudu Wudil & Asghar Ali & Khalid Mushtaq & Sajjad Ahmad Baig & Magdalena Radulescu & Piotr Prus & Muhammad Usman & László Vasa, 2023. "Water Use Efficiency and Productivity of Irrigated Rice Cultivation in Nigeria: An Application of the Stochastic Frontier Approach," Sustainability, MDPI, vol. 15(10), pages 1-19, May.
    34. Md. Sharif Hossain & Rajarshi Mitra, 2013. "A Dynamic Panel Analysis of the Determinants of FDI in Africa," Economics Bulletin, AccessEcon, vol. 33(2), pages 1606-1614.
    35. Polyxeni, Kechagia & Theodore, Metaxas, 2019. "An empirical investigation of FDI inflows in developing economies: Terrorism as a determinant factor," The Journal of Economic Asymmetries, Elsevier, vol. 20(C).
    36. Lateef Olatunji & Muhammad Sadiq Shahid, 2015. "FDI and Economic Growth in Nigeria: A Co-integration Analysis," Business and Economic Research, Macrothink Institute, vol. 5(1), pages 243-261, June.
    37. Alain Kabundi & Mustafa Y. Çakir, 2013. "Transmission of China’s Shocks to the BRIS Countries," Working Papers 362, Economic Research Southern Africa.
    38. Adriana Burlea‐Schiopoiu & Simina Brostescu & Liviu Popescu, 2023. "The impact of foreign direct investment on the economic development of emerging countries of the European Union," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 2148-2177, April.
    39. Pilbeam, Keith & Oboleviciute, Neringa, 2012. "Does Foreign Direct Investment Crowd In or Crowd Out Domestic Investment? Evidence from the European Union," The Journal of Economic Asymmetries, Elsevier, vol. 9(1), pages 89-104.
    40. Kwasi Boakye – Gyasi & Yao Li, 2015. "The Impact of Chinese FDI on Employment Generation in the Building and Construction Sector of Ghana," Eurasian Journal of Social Sciences, Eurasian Publications, vol. 3(2), pages 1-15.
    41. Hahandou Mano, 2024. "Foreign Direct Investment and Domestic Private Investment in WAEMU Countries: Crowding-in or Crowding-out?," International Journal of Economics and Financial Issues, Econjournals, vol. 14(3), pages 57-65, May.
    42. Md. Sharif Hossain & Rajarshi Mitra & Md. Iqbal Hossain, 2018. "The Determinants of Inbound FDI: Asia on a Reappraisal," Economics Bulletin, AccessEcon, vol. 38(4), pages 2500-2508.
    43. Anthony Enisan Akinlo & Olufemi Gbenga Onatunji, 2021. "Exchange Rate Volatility And Foreign Direct Investment In Selected West African Countries," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 15(1), pages 77-88.
    44. Md. Monirul Islam & Mohammad Tareque & Abu N. M. Wahid & Md. Mahmudul Alam & Kazi Sohag, 2022. "Do the Inward and Outward Foreign Direct Investments Spur Domestic Investment in Bangladesh? A Counterfactual Analysis," JRFM, MDPI, vol. 15(12), pages 1-22, December.
    45. Eman Moustafa, . "The relationship between perceived corruption and FDI: a longitudinal study in the context of Egypt," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    46. Ambachew Mekonnen Sisay, 2011. "Determinants of private investment in Ethiopia: a time series study," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 19(1), September.
    47. Keita Mohamed Lamine & Dakai Yang, 2010. "Foreign Direct Investment Effect on Economic Growth: Evidence from Guinea Republic in West Africa," International Journal of Financial Research, International Journal of Financial Research, Sciedu Press, vol. 1(1), pages 49-54, December.
    48. Golding, Khabran & Masih, Mansur, 2018. "Does foreign direct investment lead or lag employment ? an ARDL approach," MPRA Paper 109300, University Library of Munich, Germany.
    49. Anirudh Shingal & Maximiliano Mendez-Parra, 2020. "African greenfield investment and the likely effect of the African Continental Free Trade Area," Indian Council for Research on International Economic Relations (ICRIER) Working Paper 387, Indian Council for Research on International Economic Relations (ICRIER), New Delhi, India.
    50. Marc Lautier & Francois Moreaub, 2012. "Domestic Investment And Fdi In Developing Countries: The Missing Link," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 37(3), pages 1-23, September.
    51. SAGLAM, B. Bayraktar & Yalta, A.Y, 2011. "Dynamic Linkages Among Foreign Direct Investment, Public Investment And Private Investment: Evidence From Turkey," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(2).
    52. Theodore Kahn & Zack Zimbalist, 2022. "Public investment versus government consumption: how FDI shocks shape the composition of subnational spending in Mexico," Review of International Political Economy, Taylor & Francis Journals, vol. 29(2), pages 502-537, March.
    53. Giorgia Giovannetti & Elisa Ticci, 2013. "Foreign Direct Investment in Sub-Saharan Africa: Drivers and the Challenge of the Land-Energy Nexus," Working Papers - Economics wp2013_09.rdf, Universita' degli Studi di Firenze, Dipartimento di Scienze per l'Economia e l'Impresa.
    54. K. Bello Ajide & Ibrahim Dolapo Raheem, 2016. "Institutions-FDI Nexus in ECOWAS Countries," Journal of African Business, Taylor & Francis Journals, vol. 17(3), pages 319-341, September.
    55. Kimiagari, Salman & Mahbobi, Mohammad & Toolsee, Tushika, 2023. "Attracting and retaining FDI: Africa gas and oil sector," Resources Policy, Elsevier, vol. 80(C).
    56. Mohsen Bahmani-Oskooee and Abera Gelan, 2019. "On The Link between Real Exchange Rate and Domestic Investment: Asymmetric Evidence from Africa," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 44(3), pages 1-17, September.
    57. Aristide Karangwa & Zhan Su, 2023. "Towards a Multidimensional Model for Evaluating the Sustainable Effect of FDI on the Development of Host Developing Countries: Evidence from Africa," Sustainability, MDPI, vol. 15(5), pages 1-23, March.
    58. Zhao, Kai & Mo, Minjie & Shen, Jun, 2024. "Pandemics and FDI inflows: The role of infrastructures," International Review of Economics & Finance, Elsevier, vol. 93(PA), pages 552-566.
    59. Basesa Jumanne, Bilali & Chee Keong, Choong, 2018. "Foreign Direct Investment and Natural Resources in Sub-Saharan Africa: The Role of Institutions towards the Africa We Want “2063 Vision”," African Journal of Economic Review, African Journal of Economic Review, vol. 6(1), January.
    60. Akinlo, Anthony E. & Onatunji, Olufemi G., 2020. "Exchange Rate Volatility and Domestic Investment: Evidence from Twelve ECOWAS Countries," African Journal of Economic Review, African Journal of Economic Review, vol. 8(2), July.
    61. Boachie, Micheal Kofi, 2015. "Effect of health on economic growth in Ghana:An application of ARDL bounds test to cointegration," MPRA Paper 67201, University Library of Munich, Germany.
    62. Zainab Jehan & Azooba Hamid, 2017. "Exchange rate volatility and capital inflows: role of financial development," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 16(3), pages 189-203, December.
    63. Adams, Samuel & Opoku, Eric Evans Osei, 2015. "Foreign direct investment, regulations and growth in sub-Saharan Africa," Economic Analysis and Policy, Elsevier, vol. 47(C), pages 48-56.
    64. Chidozie Njoku & Oscar Chiwira, 2017. "Unbiased Technique in Identifying Appropriate Variables for FDI Inflows Model: A Role of Economic Growth in SADC," Applied Economics and Finance, Redfame publishing, vol. 4(3), pages 141-154, May.
    65. Alessia A. Amighini & Margaret S. McMillan & Marco Sanfilippo, 2017. "FDI and Capital Formation in Developing Economies: New Evidence from Industry-level Data," NBER Working Papers 23049, National Bureau of Economic Research, Inc.
    66. Ambachew, Mekonnen Sisay, 2011. "Determinants of Private Investment in Ethiopia: a Time Series Study," Ethiopian Journal of Economics, Ethiopian Economics Association, vol. 19(1), pages 180-180, September.

  12. James Boyce & Léonce Ndikumana, 2008. "New Estimates of Capital Flight from Sub-Saharan African Countries: Linkages with External Borrowing and Policy Options," Working Papers wp166, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Uchenna Efobi & Simplice A. Asongu, 2015. "How Terrorism Explains Capital Flight from Africa," Research Africa Network Working Papers 15/034, Research Africa Network (RAN).
    2. Isaacs, Gilad, 2014. "The myth of “neutrality” and the rhetoric of “stability”: macroeconomic policy in democratic South Africa," MPRA Paper 54426, University Library of Munich, Germany.
    3. Mercy W. Mwangi & Amos G. Njuguna & George O. Achoki, 2019. "Relationship between corruption and capital flight in Kenya: 1998-2018," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 8(5), pages 237-250, September.
    4. Simplice A. Asongu, 2014. "On taxation, political accountability and foreign aid: empirics to a celebrated literature," Research Africa Network Working Papers 14/017, Research Africa Network (RAN).
    5. Asongu, Simplice & Jellal, Mohamed, 2014. "Foreign aid, investment and fiscal policy behavior: theory and empirical evidence," MPRA Paper 64460, University Library of Munich, Germany.
    6. Asongu , Simplice A., 2015. "On the dynamic effects of foreign aid on corruption," European Economic Letters, European Economics Letters Group, vol. 4(1), pages 5-10.
    7. Simplice A. Asongu & Vanessa S. Tchamyou & Ndemaze Asongu & Nina Tchamyou, 2018. "The Comparative African Economics of Governance in Fighting Terrorism," AFEA Working Papers 18/046, African Finance and Economic Association (AFEA).
    8. Simplice A. Asongu, 2015. "Rational Asymmetric Development, Piketty and the Spirit of Poverty in Africa," Research Africa Network Working Papers 15/006, Research Africa Network (RAN).
    9. Towfiqul Islam Khan & Mashfique Ibne Akbar, 2015. "Illicit Financial Flow in view of Financing the Post-2015 Development Agenda," Southern Voice Occasional Paper 25, Southern Voice.
    10. Simplice A. Asongu & Paul N. Acha-Anyi, 2020. "A survey on the Washington Consensus and the Beijing Model: reconciling development perspectives," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(2), pages 111-129, June.
    11. Kouakou Jean Claude Brou & M. Thiam, 2023. "External debt and capital flight in sub-Saharan Africa: The role of institutions [Dette extérieure et fuite des capitaux en Afrique subsaharienne : Le rôle des institutions]," Post-Print hal-04540643, HAL.
    12. Abdullahi Ahmed & Andrew Hulten, 2014. "Financial Globalization in Botswana and Nigeria: A Critique of the Thresholds Paradigm," The Review of Black Political Economy, Springer;National Economic Association, vol. 41(2), pages 177-203, June.
    13. NGUENA Christian-Lambert, 2014. "External Debt Origin, Capital Flight and Poverty Reduction in the Franc Zone: Does the Economic Consequences of Sino-African Relationship matter?," Working Papers of the African Governance and Development Institute. 14/016, African Governance and Development Institute..
    14. Simplice A. Asongu, 2017. "Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 211-253, March.
    15. Simplice A. Asongu, 2014. "Fighting African Capital Flight: Empirics on Benchmarking Policy Harmonization," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 93-122, June.
    16. Beck, T.H.L. & Munzele Maimbo, S. & Faye, I. & Triki, T., 2011. "Financing Africa : Through the crisis and beyond," Other publications TiSEM 334b6bd2-a7a6-47d5-be82-3, Tilburg University, School of Economics and Management.
    17. Fofack, Hippolyte, 2009. "Africa and Arab Gulf states : divergent development paths and prospects for convergence," Policy Research Working Paper Series 5025, The World Bank.
    18. Jean Claude Kouakou Brou & Mamadou Thiam, 2023. "External debt and capital flight in sub-Saharan Africa: The role of institutions," Economics Bulletin, AccessEcon, vol. 43(4), pages 1642-1655.
    19. Simplice Anutechia Asongu & Mohamed Jellal, 2014. "International aid, corruption and fiscal policy behavior," AAYE Policy Research Working Paper Series 14_019, Association of African Young Economists, revised Sep 2014.
    20. Isaac Kwesi Ampah & Gabor David Kiss, 2019. "Economic Policy Implications of External Debt and Capital Flight in Sub-Saharan Africa’s Heavily Indebted Poor Countries," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 523-542, December.
    21. Tandon, Suranjali & Rao, R. Kavita, 2017. "Trade Misinvoicing: What can we Measure?," Working Papers 17/200, National Institute of Public Finance and Policy.
    22. Cyril Obi, 2010. "Oil as the ‘curse’ of conflict in Africa: peering through the smoke and mirrors," Review of African Political Economy, Taylor & Francis Journals, vol. 37(126), pages 483-495, December.
    23. Simplice Asongu & Jacinta Nwachukwu & Gilbert Aminkeng, 2018. "Lessons from a Survey of China’s Economic Diplomacy," AFEA Working Papers 18/008, African Finance and Economic Association (AFEA).
    24. Letete Emmanuel & Sarr Mare, 2017. "Working Paper 275 - Illicit Financial Flows and Political Institutions in Kenya," Working Paper Series 2392, African Development Bank.
    25. Larissa Nawo & Désiré Avom & Kyle McNabb & Luc Nembot, 2019. "Unofficial sovereign wealth funds and duration in power in Africa," WIDER Working Paper Series wp-2019-57, World Institute for Development Economic Research (UNU-WIDER).
    26. Asongu Simplice, 2014. "A Development Consensus reconciling the Beijing Model and Washington Consensus: Views and Agenda," Working Papers of the African Governance and Development Institute. 14/013, African Governance and Development Institute..
    27. Asongu, Simplice, 2015. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes and Implications," MPRA Paper 67857, University Library of Munich, Germany.
    28. Simplice A. Asongu & Vanessa S. Tchamyou & Paul N. Acha-Anyi, 2017. "Who is Who in Knowledge Economy in Africa?," Research Africa Network Working Papers 17/043, Research Africa Network (RAN).
    29. Muhanji, Stella & Malikane, Christopher & Ojah, Kalu, 2013. "Price and liquidity puzzles of a monetary shock: Evidence from indebted African economies," Economic Modelling, Elsevier, vol. 33(C), pages 620-630.
    30. Asongu, Simplice & Jellal, Mohamed, 2014. "International aid corruption and fiscal behavior policy," MPRA Paper 57192, University Library of Munich, Germany.
    31. Simplice Asongu & Mohamed Jellal, 2016. "Foreign Aid Fiscal Policy: Theory and Evidence," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 58(2), pages 279-314, June.
    32. Valpy Fitzgerald, 2013. "The International Fiscal Implications of Global Poverty Reduction and Global Public Goods Provision," WIDER Working Paper Series wp-2013-136, World Institute for Development Economic Research (UNU-WIDER).
    33. Asongu, Simplice & Tchamyou, Vanessa & Minkoua N, Jules R. & Asongu, Ndemaze & Tchamyou, Nina, 2017. "Fighting terrorism in Africa: benchmarking policy harmonization," MPRA Paper 84343, University Library of Munich, Germany, revised Feb 2018.
    34. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Rational Asymmetric Development, Piketty and Poverty in Africa," MPRA Paper 76586, University Library of Munich, Germany, revised Sep 2016.
    35. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Unjust Enrichment from Official Corruption in Africa: Theory and Model on how Lenders have benefited," Working Papers of the African Governance and Development Institute. 16/034, African Governance and Development Institute..
    36. Asongu, Simplice & Nwachukwu, Jacinta & Aminkeng, Gilbert A. A, 2018. "Lessons from a Survey of China’s Economic Diplomacy," MPRA Paper 88521, University Library of Munich, Germany.
    37. Lawrence Edwards & Nicholas Masiyandima, 2018. "Shaking out or shaking in: The impact of Zimbabwe’s economic crisis on the country’s manufacturing sector allocative efficiency," Working Papers 749, Economic Research Southern Africa.
    38. William Vlcek, 2011. "Offshore finance in Ghana: why not?," Review of African Political Economy, Taylor & Francis Journals, vol. 38(127), pages 143-149, March.
    39. Asongu, Simplice & Ssozi, John, 2015. "Sino-African relations: some solutions and strategies to the policy syndromes," MPRA Paper 67851, University Library of Munich, Germany.
    40. Pacific K. T. Yapatake & Gabriella M-A. M Ngaba, 2019. "Capital Flight and Extent of Corruption control in the Least Corrupt African Countries: An Empirical assessment," CEREDEC Working Papers 19/002, Centre de Recherche pour le Développement Economique (CEREDEC).
    41. Mevel, Simon & Ofa, Siope V. & Karingi, Stephen, 2013. "Quantifying illicit financial flows from Africa through trade mis-pricing and assessing their incidence on African economies," Conference papers 332372, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    42. Fofack, Hippolyte & Ndikumana, Leonce, 2009. "Potential gains from capital flight repatriation for Sub-Saharan African countries," Policy Research Working Paper Series 5024, The World Bank.
    43. Qureshi, Tehseen Ahmed & Mahmood, Zafar, 2015. "The Size of Trade Misinvoicing in Pakistan," MPRA Paper 65801, University Library of Munich, Germany.
    44. Dachraoui, Hajer & Smida, Mounir, 2014. "La Mesure de la Fuite des Capitaux et son Impact sur l’Investissement Domestique : Cas des Pays Émergents [Measurement of capital flight and its impact on domestic investment in emerging countries]," MPRA Paper 62740, University Library of Munich, Germany.
    45. Jomo Kwame Sundaram & Rudiger von Arnim, 2008. "Economic liberalization and constraints to development in sub-Saharan africa," Working Papers 67, United Nations, Department of Economics and Social Affairs.
    46. Tehseen Ahmed Qureshi & Zafar Mahmood, 2016. "The Magnitude of Trade Misinvoicing and Resulting Revenue Loss in Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 21(2), pages 1-30, July-Dec.
    47. Fofack, Hippolyte, 2009. "Causality between external debt and capital flight in Sub-Saharan Africa," Policy Research Working Paper Series 5042, The World Bank.
    48. Suranjali Tandon & R. Kavita Rao, 2017. "Trade Misinvoicing: What can we measure?," Working Papers id:12152, eSocialSciences.
    49. Leonce Ndikumana, 2014. "International Tax Cooperation and Implications of Globalization," CDP Background Papers 024, United Nations, Department of Economics and Social Affairs.
    50. Heydari, Hassan & Jariani, Farzaneh, 2020. "Analyzing Effective Factors of Capital Outflow from the Middle East and North African Countries (MENA)," MPRA Paper 104547, University Library of Munich, Germany.
    51. Simplice A. Asongu & Jacinta C. Nwachukwu & Gilbert A. A. Aminkeng, 2014. "China’s Strategies in Economic Diplomacy: A Survey of Updated Lessons for Africa, the West and China," Research Africa Network Working Papers 14/036, Research Africa Network (RAN).
    52. Asongu, Simplice & Nwachukwu, Jacinta C. & Aminkeng, Gilbert A. A, 2014. "China’s Strategies in Economic Diplomacy: A Survey of Updated Lessons for Africa, the West and China," MPRA Paper 65304, University Library of Munich, Germany.
    53. Jozef Pacolet & Joris Vanormelingen, 2015. "Illicit Financial Flows: concepts and first macro estimates for Belgium and its 18 preferred partner countries," BeFinD Working Papers 0110, University of Namur, Department of Economics.
    54. Nirmol Chandra Das & Mohammad Ashraful Ferdous Chowdhury & Md. Nazrul Islam, 2021. "Nonlinear Threshold Effects of Institutional Quality on Capital Flight: Insights From Bangladesh," International Journal of Asian Business and Information Management (IJABIM), IGI Global, vol. 12(1), pages 43-59, January.
    55. Fofack, Hippolyte, 2009. "Determinants of globalization and growth prospects for Sub-Saharan African countries," Policy Research Working Paper Series 5019, The World Bank.

  13. Léonce Ndikumana & Sher Verick, 2007. "The Linkages between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment," UMASS Amherst Economics Working Papers 2007-13, University of Massachusetts Amherst, Department of Economics.

    Cited by:

    1. Fu, Xiaolan & Buckley, Peter J. & Fu, Xiaoqing Maggie, 2020. "The Growth Impact of Chinese Direct Investment on Host Developing Countries," International Business Review, Elsevier, vol. 29(2).
    2. Md. Ahasan Ul Haque & Md. Golam Kibria & Md. Muhaiminul Islam Selim, 2021. "Effects of Foreign Aid and Remittances Flows on Saving and Investment in Developing South Asia: Panel Data Study," International Journal of Economics and Financial Research, Academic Research Publishing Group, vol. 7(2), pages 21-27, 06-2021.
    3. Marc Lautier & Francois Moreaub, 2012. "Domestic Investment And Fdi In Developing Countries: The Missing Link," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 37(3), pages 1-23, September.
    4. SAGLAM, B. Bayraktar & Yalta, A.Y, 2011. "Dynamic Linkages Among Foreign Direct Investment, Public Investment And Private Investment: Evidence From Turkey," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(2).
    5. Kevin Williams, 2015. "Foreign direct investment in Latin America and the Caribbean: an empirical analysis," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 52(1), pages 57-77, May.

  14. Léonce Ndikumana & Adam Elhiraika, 2007. "Reserves Accumulation in African Countries: Sources, Motivations, and Effects," UMASS Amherst Economics Working Papers 2007-12, University of Massachusetts Amherst, Department of Economics.

    Cited by:

    1. Fabien Clive Ntonga Efoua & Etienne Inédit Blaise Tsomb Tsomb, 2023. "Commodity Shocks and External Currency Stability : An Empirical Evidence from CEMAC [Chocs sur les produits de base et stabilité externe de la monnaie : une évidence empirique en CEMAC]," Post-Print hal-04273963, HAL.
    2. Anthonia U. UBOM & Joseph Michael ESSIEN & Uduak B. UBOM, 2017. "Economic Implications of Foreign Reserves Management on the Performance of the Nigerian Economy, 1995-2013," Expert Journal of Finance, Sprint Investify, vol. 5, pages 31-40.
    3. Prakash Shrestha, 2017. "Macroeconomic Impact of International Reserves: Empirical Evidence from South Asia," Working Papers id:12166, eSocialSciences.
    4. Léonce Ndikumana & Mina Baliamoune-Lutz, 2008. "Corruption and Growth: Exploring the Investment Channel," UMASS Amherst Economics Working Papers 2008-08, University of Massachusetts Amherst, Department of Economics.
    5. Asimiyu Gbolagade Abiola & Francis Ojo Adebayo, 2013. "Channelling The Nigeria's Foreign Exchange Reserves into Alternative Investment Outlets: A Critical Analysis," International Journal of Economics and Financial Issues, Econjournals, vol. 3(4), pages 813-826.
    6. Rachna Agrawal & Ashima Verma, 2023. "Investigating the efficiency of foreign exchange reserves using stochastic frontier analysis: Evidence across the globe," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(2), pages 1376-1390, April.
    7. Mtiraoui, Abderraouf, 2015. "Investissement, Contrôle de la corruption et Croissance économique dans la région MENA [Investment, Control of Corruption and Economic Growth in MENA region]," MPRA Paper 63908, University Library of Munich, Germany.
    8. Anthonia U. UBOM & Joseph Michael ESSIEN & Uduak B. UBOM, 2017. "Economic Implication of Foreign Reserves Management on the Performance of the Nigerian Economy, 1995 to 2013," Expert Journal of Finance, Sprint Investify, vol. 5(1), pages 31-40.
    9. Cédric Achille Mbeng Mezui & Uche DURU, 2013. "Working Paper 178 - Holding Excess Foreign Reserves Versus Infrastructure Finance: What should Africa do?," Working Paper Series 478, African Development Bank.

  15. Baliamoune-Lutz, Mina & Ndikumana, Léonce, 2007. "The Growth Effects of Openness to Trade and the Role of Institutions: New Evidence from African Countries," MPRA Paper 6189, University Library of Munich, Germany.

    Cited by:

    1. D. O. Olayungbo & Ahmod Quadri, 2019. "Remittances, financial development and economic growth in sub-Saharan African countries: evidence from a PMG-ARDL approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 5(1), pages 1-25, December.
    2. Wamboye, Evelyn, 2012. "Quantity or quality? foreign aid implications on economic growth in least developed countries," MPRA Paper 39518, University Library of Munich, Germany.
    3. Mina Baliamoune-Lutz, 2012. "Do Institutions And Social Cohesion Enhance The Effectiveness Of Aid? New Evidence From Africa," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 1-19.
    4. Mina Baliamoune-Lutz, 2007. "Entrepreneurship, Reforms, and Development: Empirical Evidence," ICER Working Papers 38-2007, ICER - International Centre for Economic Research.
    5. Sumbal Fatima & Bateer Chen & Muhammad Ramzan & Qamar Abbas, 2020. "The Nexus Between Trade Openness and GDP Growth: Analyzing the Role of Human Capital Accumulation," SAGE Open, , vol. 10(4), pages 21582440209, November.
    6. Miao Miao & Qiaoqi Lang & Dinkneh Gebre Borojo & Jiang Yushi & Xiaoyun Zhang, 2020. "The Impacts of Chinese FDI and China–Africa Trade on Economic Growth of African Countries: The Role of Institutional Quality," Economies, MDPI, vol. 8(3), pages 1-20, June.
    7. Zaouali, Amira, 2014. "Terms of Trade Instability, Economic Vulnerability and Economic Growth: The Role Of Institutions in Sub-Saharan Africa," MPRA Paper 52939, University Library of Munich, Germany.
    8. Mina Baliamoune-Lutz, 2007. "Institutions, Trade, and Social Cohesion in Fragile States," ICER Working Papers 24-2007, ICER - International Centre for Economic Research.
    9. Christopher Balding, 2011. "A Re-examination of the Relation between Democracy and International Trade: The Case of Africa," WIDER Working Paper Series wp-2011-059, World Institute for Development Economic Research (UNU-WIDER).
    10. Strike Mbulawa, 2017. "Remittances, Foreign Direct Investment and Growth in SADC: A Panel Co-integration Approach," Journal of Finance and Economics Research, Geist Science, Iqra University, Faculty of Business Administration, vol. 2(1), pages 40-55, March.
    11. Abderraouf Ben Ahmed Mtiraoui, 2015. "Investment, Control of Corruption and Economic Growth in MENA region [Investissement, Contrôle de la corruption et Croissance économique dans la région MENA]," Post-Print hal-02540920, HAL.
    12. Léonce Ndikumana & Mina Baliamoune-Lutz, 2008. "Corruption and Growth: Exploring the Investment Channel," UMASS Amherst Economics Working Papers 2008-08, University of Massachusetts Amherst, Department of Economics.
    13. Thierry Verdier, 2010. "Ouverture, conflits et capacité étatique : une perspective d'économie politique," Post-Print hal-00813060, HAL.
    14. Thando Vilakazi & Anthea Paelo, 2017. "Understanding intra-regional transport: Competition in road transportation between Malawi, Mozambique, South Africa, Zambia, and Zimbabwe," WIDER Working Paper Series wp-2017-46, World Institute for Development Economic Research (UNU-WIDER).
    15. Baliamoune–Lutz, Mina & McGillivray, Mark, 2015. "The impact of gender inequality in education on income in Africa and the Middle East," Economic Modelling, Elsevier, vol. 47(C), pages 1-11.
    16. Mina Baliamoune-Lutz, 2010. "Financial Development and Income in Developing Countries," ICER Working Papers 09-2010, ICER - International Centre for Economic Research.
    17. Mehraj Ahmad Sheikh & Mushtaq Ahmad Malik, 2021. "The Nexus of Trade Openness, Institutions and Economic Growth: An Empirical Investigation of BRICS Countries," Foreign Trade Review, , vol. 56(2), pages 206-215, May.
    18. Ann-Sofie Isaksson, 2011. "Social divisions and institutions: assessing institutional parameter variation," Public Choice, Springer, vol. 147(3), pages 331-357, June.
    19. Lena Malešević-Perović & Vladimir Šimić & Vinko Muštra, 2013. "Investigating the Influence of Economic and Socio-Political Openness on Growth," International Journal of Business and Economic Sciences Applied Research (IJBESAR), Democritus University of Thrace (DUTH), Kavala Campus, Greece, vol. 6(3), pages 35-59, December.
    20. Kwame Mireku & Ellen Animah Agyei & Daniel Domeher, 2017. "Trade openness and economic growth volatility: An empirical investigation," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1385438-138, January.
    21. Efendic, Adnan & Pugh, Geoff & Adnett, Nick, 2011. "Institutions and economic performance: A meta-regression analysis," European Journal of Political Economy, Elsevier, vol. 27(3), pages 586-599, September.
    22. Samuel Kwaku Agyei & Godwin Adolf Idan, 2022. "Trade Openness, Institutions, and Inclusive Growth in Sub-Saharan Africa," SAGE Open, , vol. 12(2), pages 21582440221, May.
    23. Baliamoune-Lutz, Mina & Brixiova Schwidrowski, Zuzana & Ndikumana, Leonce, 2011. "Credit Constraints and Productive Entrepreneurship in Africa," IZA Discussion Papers 6193, Institute of Labor Economics (IZA).
    24. Baliamoune-Lutz, Mina, 2011. "Trust-based social capital, institutions, and development," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 40(4), pages 335-346, August.
    25. Thierry Verdier, 2010. "Regional Integration, Fragility and Institution Building: An Analytical Framework Applied to the African Context," RSCAS Working Papers 2010/38, European University Institute.
    26. Jubril Animashaun & Chisom L. Ubabukoh, 2021. "Is Human Rights Protection Good for Trade in Africa: Evidence from Proximity to Democratically ‘Good’ and ‘Bad’ Neighbouring Countries," Managing Global Transitions, University of Primorska, Faculty of Management Koper, vol. 19(4 (Winter), pages 285-305.
    27. Dinkneh Gebre Borojo & Yushi Jiang, 2016. "The Impact of Africa-China Trade Openness on Technology Transfer and Economic Growth for Africa: A Dynamic Panel Data Approach," Annals of Economics and Finance, Society for AEF, vol. 17(2), pages 403-431, November.
    28. Farroukh, Arafet & Mazioued, Manel & Pédussel Wu, Jennifer, 2024. "Revisiting the linkage between remittances inflow and economic growth: A semi-parametric estimation with panel data," IPE Working Papers 238/2024, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    29. Nathaniel P. S. Cook & Jason C. Jones, 2021. "The African Growth and Opportunity Act and growth in sub‐Saharan Africa: A local projection approach," The World Economy, Wiley Blackwell, vol. 44(1), pages 234-261, January.
    30. Romaric Gninlgonakan Coulibaly, 2023. "International trade and economic growth: The role of institutional factors and ethnic diversity in sub‐Saharan Africa," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(1), pages 355-371, January.
    31. Mina Baliamoune-Lutz, 2009. "Entrepreneurship and Reforms in Developing Countries," WIDER Working Paper Series RP2009-04, World Institute for Development Economic Research (UNU-WIDER).
    32. Mina Baliamoune-Lutz, 2011. "Growth by Destination (Where You Export Matters): Trade with China and Growth in African Countries," African Development Review, African Development Bank, vol. 23(2), pages 202-218.
    33. Mina Baliamoune-Lutz & Zuzana Brixiov?? & L??once Ndikumana, 2011. "Credit Constraints & Productive Entrepreneurship in Africa," William Davidson Institute Working Papers Series wp1025, William Davidson Institute at the University of Michigan.
    34. Mtiraoui, Abderraouf, 2015. "Investissement, Contrôle de la corruption et Croissance économique dans la région MENA [Investment, Control of Corruption and Economic Growth in MENA region]," MPRA Paper 63908, University Library of Munich, Germany.
    35. Dawood Mamoon & S. Mansoob Murshed, 2017. "When Education Explains Strong Institutions: Trade Policy also Matters," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 131(3), pages 1179-1210, April.
    36. Baliamoune-Lutz, Mina, 2009. "Institutions, trade, and social cohesion in fragile states: Implications for policy conditionality and aid allocation," Journal of Policy Modeling, Elsevier, vol. 31(6), pages 877-890, November.
    37. Osabuohien-Irabor Osarumwense & Drapkin Igor M., 2023. "Global Outward Foreign Direct Investment and Economic Growth Across Income Groups: The Mediating Effect of Home Country Institutions," SAGE Open, , vol. 13(2), pages 21582440231, April.
    38. Mina Baliamoune-Lutz, 2008. "On Growth and Development," ICER Working Papers 13-2008, ICER - International Centre for Economic Research.

  16. Léonce Ndikumana, 2006. "Corruption and Pro-Poor Growth Outcomes: Evidence and Lessons for African Countries," Working Papers wp120, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Purwantini Rahayu, Ina & Widodo, Tri, 2012. "The Causal Relationship between Corruption and Poverty in ASEAN: a General Method of Moments/Dynamic Panel Data Analysis," MPRA Paper 78328, University Library of Munich, Germany.
    2. Jean-Benoit Falisse & Nastassia Leszczynska, 2015. "Professional Identity, Bribery and Public Service Delivery: Evidence from a Lab-in-the-Field Experiment in Burundi," Working Papers ECARES ECARES 2015-07, ULB -- Universite Libre de Bruxelles.
    3. Jovcheska, Stefani, 2024. "Exploring corruption in higher education: A case study of brain drain in North Macedonia," International Journal of Educational Development, Elsevier, vol. 107(C).
    4. Léonce Ndikumana & Mina Baliamoune-Lutz, 2008. "Corruption and Growth: Exploring the Investment Channel," UMASS Amherst Economics Working Papers 2008-08, University of Massachusetts Amherst, Department of Economics.
    5. King Yoong Lim, 2017. "The Dynamics of Corruption and Unemployment in a Growth Model with Heterogeneous Labour," Working Papers 198144263, Lancaster University Management School, Economics Department.
    6. Audi, Marc & Poulin, Marc & Ali, Amjad, 2023. "Determinants of Human Wellbeing and its Prospect Under the Role of Financial Inclusion in South Asian Countries," MPRA Paper 120119, University Library of Munich, Germany.
    7. Samson Tiki & Belinda Luke & Janet Mack, 2021. "Perceptions of bribery in Papua New Guinea’s public sector: Agency and structural influences," Public Administration & Development, Blackwell Publishing, vol. 41(4), pages 217-227, October.
    8. Negin, Vahideh & Abd Rashid, Zakariah & Nikopour, Hesam, 2010. "The Causal Relationship between Corruption and Poverty: A Panel Data Analysis," MPRA Paper 24871, University Library of Munich, Germany.
    9. Carmen PÎRVAN & Ileana NIȘULESCU, 2022. "Poverty and Inequality as Predictors of Corruption," CECCAR Business Review, Body of Expert and Licensed Accountants of Romania (CECCAR), vol. 3(4), pages 66-72, April.

  17. Robert Pollin & Gerald Epstein & James Heintz & Léonce Ndikumana, 2006. "An Employment-targeted Economic Programme for South Africa," Research Report 1, International Policy Centre for Inclusive Growth.

    Cited by:

    1. Pauw, Karl & Leibbrandt, Murray, 2012. "Minimum Wages and Household Poverty: General Equilibrium Macro–Micro Simulations for South Africa," World Development, Elsevier, vol. 40(4), pages 771-783.
    2. Mats Lundahl & Lennart Petersson, 2009. "Post-Apartheid South Africa: An Economic Success Story?," WIDER Working Paper Series RP2009-56, World Institute for Development Economic Research (UNU-WIDER).
    3. Gerald Epstein & Erinc Yeldan, 2008. "Inflation Targeting, Employment Creation and Economic Development: Assessing the Impacts and Policy Alternatives," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(2), pages 129-130.
    4. RavinderRena, 2008. "Sectoral Performance in the African Economy – Some Issues and Trends," Indus Journal of Management & Social Science (IJMSS), Department of Business Administration, vol. 2(1), pages 1-14, June.
    5. Alberto Behar, 2010. "Would Cheaper Capital Replace Labour?," South African Journal of Economics, Economic Society of South Africa, vol. 78(2), pages 131-151, June.
    6. Epstein, Gerald., 2009. "Rethinking monetary and financial policy : practical suggestions for monitoring financial stability while generating employment and poverty reduction," ILO Working Papers 994344393402676, International Labour Organization.
    7. David Fadiran & Mare Sarr, 2017. "Path Dependence and Interdependence between Institutions and Development," Working Papers 117, Economic Research Southern Africa.
    8. Stephanie Seguino, 2012. "Macroeconomics, Human Development, and Distribution," Journal of Human Development and Capabilities, Taylor & Francis Journals, vol. 13(1), pages 59-81, February.
    9. Dani Rodrik, 2006. "Understanding South Africa's Economic Puzzles," NBER Working Papers 12565, National Bureau of Economic Research, Inc.
    10. Carmody, Pádraig, 2009. "An Asian-Driven Economic Recovery in Africa? The Zambian Case," World Development, Elsevier, vol. 37(7), pages 1197-1207, July.
    11. Rena, Ravinder, 2007. "Sectoral Performance In The African Economy – Some Issues And Trends," MPRA Paper 11089, University Library of Munich, Germany, revised 2007.
    12. McKenzie, Rex & Pons-Vignon, Nicolas, 2012. "Volatile Capital Flows and a Route to Financial Crisis in South Africa," MPRA Paper 40119, University Library of Munich, Germany.
    13. Arne Heise, 2007. "Institutions, market constellations and growth: The case of South Africa," Annals of Economics and Finance, Society for AEF, vol. 8(2), pages 313-340, November.
    14. Rick Rowden, 2010. "Poverty reduction is not development," Review of African Political Economy, Taylor & Francis Journals, vol. 37(126), pages 503-516, December.
    15. Rania Antonopoulos, 2009. "Promoting Gender Equality through Stimulus Packages and Public Job Creation: Lessons Learned from South Africa’s Expanded Public Works Programme," Economics Public Policy Brief Archive ppb_101, Levy Economics Institute.
    16. Gerald Epstein & James Heintz & Léonce Ndikumana & Grace Chang, 2011. "Employment, Poverty and Economic Development in Madagascar," Published Studies ndikumana_ilo2010, Political Economy Research Institute, University of Massachusetts at Amherst.
    17. Rania Antonopoulos, 2007. "The Right to a Job, the Right Types of Projects: Employment Guarantee Policies from a Gender Perspective," Economics Working Paper Archive wp_516, Levy Economics Institute.
    18. Heinrich R. Bohlmann, 2012. "Reducing illegal immigration to South Africa: A dynamic CGE analysis," Working Papers 274, Economic Research Southern Africa.
    19. Miriam Altman, 2008. "Revisiting South African Employment Trends In The 1990s," South African Journal of Economics, Economic Society of South Africa, vol. 76(s2), pages 126-147, August.
    20. Miriam Di Paola & Nicolas Pons-Vignon, 2013. "Labour market restructuring in South Africa: low wages, high insecurity," Review of African Political Economy, Taylor & Francis Journals, vol. 40(138), pages 628-638, December.
    21. Rodrick, Dani, 2006. "Understanding South Africa's Economic Puzzles," Working Paper Series rwp06-039, Harvard University, John F. Kennedy School of Government.
    22. Burns, Justine & Edwards, Lawrence & Pauw, Karl, 2010. "Wage subsidies to combat unemployment and poverty," IFPRI discussion papers 969, International Food Policy Research Institute (IFPRI).
    23. Epstein, Gerald. & Heintz, James. & Ndikumana, Léonce. & Chang, Grace., 2010. "Employment, poverty and economic development in Madagascar : a macroeconomic framework," ILO Working Papers 994554463402676, International Labour Organization.
    24. Frederick C.v.N. Fourie, 2011. "The South African unemployment debate: three worlds, three discourses?," SALDRU Working Papers 63, Southern Africa Labour and Development Research Unit, University of Cape Town.

  18. Léonce Ndikumana, 2005. "Distributional conflict, the state, and peace building in Burundi," UMASS Amherst Economics Working Papers 2005-13, University of Massachusetts Amherst, Department of Economics.

    Cited by:

    1. Ruiz,Isabel & Vargas Silva,Carlos Ivan, 2022. "Refugee Return and Social Cohesion," Policy Research Working Paper Series 10100, The World Bank.
    2. Devon E.A. Curtis, 2015. "Development assistance and the lasting legacies of rebellion in Burundi and Rwanda," Third World Quarterly, Taylor & Francis Journals, vol. 36(7), pages 1365-1381, July.
    3. Devon E. A. Curtis, 2014. "Local Agency, Development Assistance and the Legacies of Rebellion in Burundi and Rwanda," WIDER Working Paper Series wp-2014-128, World Institute for Development Economic Research (UNU-WIDER).
    4. Léonce Ndikumana, 2013. "Overcoming Low Political Equilibrium in Africa: Institutional Changes for Inclusive Development," Working Papers wp331, Political Economy Research Institute, University of Massachusetts at Amherst.
    5. Xinhai Lu & Zhoumi Li & Hongzheng Wang & Yifeng Tang & Bixia Hu & Mingyue Gong & Yulong Li, 2022. "Evaluating Impact of Farmland Recessive Morphology Transition on High-Quality Agricultural Development in China," Land, MDPI, vol. 11(3), pages 1-19, March.
    6. Chenlu Zhu & Xiaolin Dong & Liren Ding & Chen Lin, 2021. "Research on the Driving Factors for the Development of Inclusive Finance in Rural Commercial Banks: Market Competition or Government Intervention?," Businesses, MDPI, vol. 2(1), pages 1-18, December.

  19. Léonce Ndikumana, 2005. "Can macroeconomic policy stimulate private investment in South Africa? New insights from aggregate and manufacturing sector-level evidence," UMASS Amherst Economics Working Papers 2005-14, University of Massachusetts Amherst, Department of Economics.

    Cited by:

    1. Yumin Shu & Zhongying Qi, 2020. "The Effect of Market-Oriented Government Fiscal Expenditure on the Evolution of Industrial Structure: Evidence from Shenzhen, China," Sustainability, MDPI, vol. 12(9), pages 1-17, May.
    2. Akçay Selçuk & Karasoy Alper, 2020. "Determinants of private investments in Turkey: Examining the role of democracy," Review of Economic Perspectives, Sciendo, vol. 20(1), pages 23-49, March.
    3. Chiwei Su & Yiru Liu & Chang Liu & Ran Tao, 2022. "The Impact of Medical and Health Fiscal Expenditures on Pharmaceutical Industry Stock Index in China," IJERPH, MDPI, vol. 19(18), pages 1-14, September.
    4. Thuy T. Dang & Anh D. Pham & Diem N. Tran, 2020. "Impact of Monetary Policy on Private Investment: Evidence from Vietnam’s Provincial Data," Economies, MDPI, vol. 8(3), pages 1-15, September.
    5. Afia Malik, 2013. "Private Investment And Fiscal Policy In Pakistan," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 38(1), pages 83-109, March.
    6. Olanrewaju Makinde Hassan, 2015. "The Impact of Monetary Policy on Private Capital Formation in Nigeria," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 4(3), pages 138-153.
    7. Jiangyi Qi, 2016. "Fiscal Expenditure Incentives, Spatial Correlation and Quality of Economic Growth: Evidence from a Chinese Province," International Journal of Business and Management, Canadian Center of Science and Education, vol. 11(7), pages 191-191, June.

  20. Kisangani Emizet & Léonce Ndikumana, 2003. "The Economics of Civil War: The Case of the Democratic Republic of Congo," Working Papers wp63, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. James K. Boyce, 2004. "Aid, Conditionality, and War Economies," UMASS Amherst Economics Working Papers 2004-05, University of Massachusetts Amherst, Department of Economics.
    2. Léonce Ndikumana, 2005. "Distributional Conflict, The State, and Peacebuilding in Burundi," Working Papers wp105, Political Economy Research Institute, University of Massachusetts at Amherst.
    3. James Boyce, 2003. "Aid, Conditionality, and War Economies," Working Papers wp70, Political Economy Research Institute, University of Massachusetts at Amherst.
    4. Sylvain Dessy & Stéphane Pallage & Désiré Vencatachellum, 2012. "The Political Economy of Social Inclusion," Cahiers de recherche 1202, CIRPEE.

  21. Léonce Ndikumana, 2003. "Capital Flows, Capital Account Regimes, and Foreign Exchange Rate Regimes in Africa," Working Papers wp55, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Christian Milelli & Alice Nicole Sindzingre, 2013. "Chinese Outward Foreign Direct Investment in Developed and Developing Countries: Converging Characteristics?," Working Papers hal-04141177, HAL.
    2. Kodongo, Odongo & Ojah, Kalu, 2012. "The dynamic relation between foreign exchange rates and international portfolio flows: Evidence from Africa's capital markets," International Review of Economics & Finance, Elsevier, vol. 24(C), pages 71-87.
    3. Liu, Jie & Wei, Wei & Shi, Yao-Bo & Chang, Chun-Ping, 2020. "The nexus between country risk and exchange rate regimes: A global investigation," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    4. Kodongo, Odongo & Ojah, Kalu, 2013. "Real exchange rates, trade balance and capital flows in Africa," Journal of Economics and Business, Elsevier, vol. 66(C), pages 22-46.
    5. Léonce Ndikumana & Sher Verick, 2007. "The Linkages between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment," UMASS Amherst Economics Working Papers 2007-13, University of Massachusetts Amherst, Department of Economics.
    6. Léonce Ndikumana, 2002. "Additionality of Debt Relief and Debt Forgiveness, and Implications for Future Volumes of Official Assistance," WIDER Working Paper Series DP2002-97, World Institute for Development Economic Research (UNU-WIDER).
    7. Ndikumana, Leonce & Verick, Sher, 2008. "The Linkages between FDI and Domestic Investment: Unravelling the Developmental Impact of Foreign Investment in Sub-Saharan Africa," IZA Discussion Papers 3296, Institute of Labor Economics (IZA).

  22. Léonce Ndikumana, 2003. "Financial Development, Financial Structure and Domestic Investment: International Evidence," Working Papers wp16, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Özgür Orhangazi, 2007. "Financialization and Capital Accumulation in the Non-Financial Corporate Sector," Working Papers wp149, Political Economy Research Institute, University of Massachusetts at Amherst.
    2. Simplice Anutechia Asongu, 2014. "Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa," AAYE Policy Research Working Paper Series 14_016, Association of African Young Economists, revised Sep 2014.
    3. Lin, Chen & Man-lai Wong, Sonia, 2013. "Government intervention and firm investment: Evidence from international micro-data," Journal of International Money and Finance, Elsevier, vol. 32(C), pages 637-653.
    4. Kim, Suk-Joong & Wu, Eliza, 2008. "Sovereign credit ratings, capital flows and financial sector development in emerging markets," Emerging Markets Review, Elsevier, vol. 9(1), pages 17-39, March.
    5. Liu, Chao & Fan, Yixin & Xie, Qiwei & Wang, Chao, 2022. "Market-based versus bank-based financial structure in China: From the perspective of financial risk," Structural Change and Economic Dynamics, Elsevier, vol. 62(C), pages 24-39.
    6. Chuku, Chuku & Onye, Kenneth & Ajah, Hycent, 2015. "Structural and institutional determinants of investment activity in Africa," MPRA Paper 68163, University Library of Munich, Germany.
    7. Nevine Mokhtar Eid, 2008. "Financial Development: A Pre-Condition for Foreign Direct Spillover Effects in Egypt," Working Papers 12, The German University in Cairo, Faculty of Management Technology.
    8. Pal Sudeshna, 2011. "Media Freedom and Socio-Political Instability," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 17(1), pages 1-23, March.
    9. Didier, Tatiana & Levine, Ross & Llovet Montanes, Ruth & Schmukler, Sergio L., 2021. "Capital market financing and firm growth," Journal of International Money and Finance, Elsevier, vol. 118(C).
    10. Philip Arestis & Georgios Chortareas & Georgios Magkonis, 2015. "The Financial Development And Growth Nexus: A Meta-Analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 29(3), pages 549-565, July.
    11. Asongu, Simplice & Batuo, Enowbi & Tchamyou, Vanessa, 2015. "Bundling Governance: Finance versus Institutions in Private Investment Promotion," MPRA Paper 71170, University Library of Munich, Germany.
    12. Bakari, Sayef, 2022. "The Nexus between Domestic Investment and Economic Growth in Developed Countries: Do Exports matter?," MPRA Paper 114394, University Library of Munich, Germany.
    13. Brian Muyambiri & Nicholas M. Odhiambo, 2018. "The Impact Of Financial Development On Investment: A Review Of International Literature," Organizations and Markets in Emerging Economies, Faculty of Economics, Vilnius University, vol. 9(2).
    14. Léonce Ndikumana, 2005. "Can macroeconomic policy stimulate private investment in South Africa? New insights from aggregate and manufacturing sector-level evidence," UMASS Amherst Economics Working Papers 2005-14, University of Massachusetts Amherst, Department of Economics.
    15. Bruno Ćorić & Vladimir Šimić, 2021. "Economic disasters and aggregate investment," Empirical Economics, Springer, vol. 61(6), pages 3087-3124, December.
    16. Jože Damijan & Jozef Konings & Črt Kostevc & Katja Zajc Kejžar, 2022. "Explaining the Low Level of Investment in Slovenia," European Economy - Discussion Papers 169, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    17. Yongfu Huang, 2011. "Private investment and financial development in a globalized world," Empirical Economics, Springer, vol. 41(1), pages 43-56, August.
    18. Simplice A. Asongu & Joseph Nnanna & Vanessa S. Tchamyou, 2020. "Finance, Institutions and Private Investment in Africa," Working Papers of the African Governance and Development Institute. 20/080, African Governance and Development Institute..
    19. Simplice A, Asongu, 2012. "Linkages between investment flows and financial development: causality evidence from selected African countries," MPRA Paper 38719, University Library of Munich, Germany.
    20. Ebere Ume Kalu & Augustine C Arize & Okoro E U Okoro & Florence Ifeoma Onaga & Felix Chukwubuzo Alio, 2020. "A cross-country and country-specific modelling of stock market performance, bank development and global equity index in emerging market economies: A case of BRICS countries," PLOS ONE, Public Library of Science, vol. 15(11), pages 1-20, November.
    21. Léonce Ndikumana & Adam Elhiraika, 2007. "Reserves Accumulation in African Countries: Sources, Motivations, and Effects," UMASS Amherst Economics Working Papers 2007-12, University of Massachusetts Amherst, Department of Economics.
    22. Ye, Dezhu & Huang, Yunjue & Zeng, Fanqing, 2021. "Does structural matching between finance and the real economy promote economic growth?," International Review of Economics & Finance, Elsevier, vol. 73(C), pages 11-29.
    23. Castro, Fernanda & Kalatzis, Aquiles E.G. & Martins-Filho, Carlos, 2015. "Financing in an emerging economy: Does financial development or financial structure matter?," Emerging Markets Review, Elsevier, vol. 23(C), pages 96-123.
    24. Janvier D. Nkurunziza, 2010. "Why Is The Financial Sector In Burundi Not Development-Oriented?," EUI-RSCAS Working Papers 29, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    25. James B. Ang, 2007. "A Survey Of Recent Developments In The Literature Of Finance And Growth," Monash Economics Working Papers 03-07, Monash University, Department of Economics.
    26. Mehmet Balcilar & Serhan Çiftçioğlu & Hasan Güngör, 2016. "The Effects Of Financial Development On Investment In Turkey," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 61(04), pages 1-21, September.
    27. Rahman, Nadiah Abd & Masih, Mansur, 2017. "Does the islamic bank deposit have an effect on equity market ? Malaysian case," MPRA Paper 106789, University Library of Munich, Germany.
    28. Bonnie Wilson & Jac Heckelman, 2010. "The Political Economy of Investment: Sclerotic Effects from Interest Groups," Working Papers 2012-03, Saint Louis University, Department of Economics.
    29. Vithessonthi, Chaiporn & Tongurai, Jittima, 2016. "Financial markets development, business cycles, and bank risk in South America," Research in International Business and Finance, Elsevier, vol. 36(C), pages 472-484.
    30. Yeh, Chih-Chuan & Huang, Ho-Chuan (River) & Lin, Pei-Chien, 2013. "Financial structure on growth and volatility," Economic Modelling, Elsevier, vol. 35(C), pages 391-400.
    31. Farook, Sayd & Hassan, M. Kabir & Clinch, Gregory, 2012. "Profit distribution management by Islamic banks: An empirical investigation," The Quarterly Review of Economics and Finance, Elsevier, vol. 52(3), pages 333-347.
    32. Kim, Dong-Hyeon & Lin, Shu-Chin, 2023. "Income inequality, inflation and financial development," Journal of Empirical Finance, Elsevier, vol. 72(C), pages 468-487.
    33. Wang, Qunwei & Fan, Zining, 2023. "Green finance and investment behavior of renewable energy enterprises: A case study of China," International Review of Financial Analysis, Elsevier, vol. 87(C).
    34. Pietrovito, Filomena, 2009. "Investment decisions, price-earnings ratios and finance. Evidence from firm-level data," Economics & Statistics Discussion Papers esdp09054, University of Molise, Department of Economics.
    35. Michel Boutillier & Nathalie Lévy & Valérie Oheix, 2007. "Financial intermediation in developed countries:heterogeneity, lengthening and risk transfer [Intermédiation financière dans les pays développés : hétérogénéité, allongement et transfert de risque]," Working Papers hal-03929054, HAL.
    36. Janvier D. Nkurunziza, 2010. "Why Is The Financial Sector In Burundi Not Development-Oriented?," RSCAS Working Papers 2010/29, European University Institute.
    37. Meg Adachi-Sato & Chaiporn Vithessonthi, 2016. "Bank Systemic Risk and Corporate Investment," PIER Discussion Papers 17, Puey Ungphakorn Institute for Economic Research.
    38. Xie, Jun & Zhang, Yifan, 2020. "Anti-corruption, government intervention, and corporate cash holdings: Evidence from China," Economic Systems, Elsevier, vol. 44(1).
    39. Lim, Jamus Jerome, 2013. "Institutional and structural determinants of investment worldwide," Policy Research Working Paper Series 6591, The World Bank.
    40. Georgios Chortareas & Georgios Magkonis & Demetrios Moschos & Theodore Panagiotidis, 2015. "Financial Development and Economic Activity in Advanced and Developing Open Economies: Evidence from Panel Cointegration," Review of Development Economics, Wiley Blackwell, vol. 19(1), pages 163-177, February.
    41. Jung-Suk Yu & M. Kabir Hassan & Benito Sanchez, 2012. "A re-examination of financial development, stock markets development and economic growth," Applied Economics, Taylor & Francis Journals, vol. 44(27), pages 3479-3489, September.
    42. Désiré Avo & Sylvie Marie-Louise Eyeffa Ekomo, 2007. "Quinze ans de restructuration bancaire dans la CEMAC : qu’avons-nous appris ?," Revue d'Économie Financière, Programme National Persée, vol. 89(3), pages 183-205.
    43. Aggarwal, Raj & Goodell, John W., 2009. "Markets versus institutions in developing countries: National attributes as determinants," Emerging Markets Review, Elsevier, vol. 10(1), pages 51-66, March.
    44. Chen, Naiwei & Yu, Min-Teh, 2024. "Less is more: Evidence from firms with low cash and debt," Research in International Business and Finance, Elsevier, vol. 69(C).
    45. Gehringer, Agnieszka, 2013. "Financial liberalization, financial development and productivity growth: An overview," Economics Discussion Papers 2013-46, Kiel Institute for the World Economy (IfW Kiel).
    46. Vithessonthi, Chaiporn, 2014. "The effect of financial market development on bank risk: evidence from Southeast Asian countries," International Review of Financial Analysis, Elsevier, vol. 35(C), pages 249-260.
    47. Orhangazi, Ozgur, 2007. "Financialization and Capital Accumulation in the Nonfinancial Corporate Sector: A Theoretical and Empirical Investigation on the US Economy, 1973-2004," MPRA Paper 7724, University Library of Munich, Germany.
    48. Aggarwal, Raj & Goodell, John W., 2010. "Financial markets versus institutions in European countries: Influence of culture and other national characteristics," International Business Review, Elsevier, vol. 19(5), pages 502-520, October.
    49. Dezhu Ye & Yunjue Huang & Xian Ye, 2023. "Financial Structure, Technology, and Economic Growth: A Structural Matching Perspective," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 31(1), pages 119-148, January.
    50. Rahman, Nadiah & Masih, Mansur, 2018. "Do deposits in islamic banks have an impact on equity market? evidence from Malaysia," MPRA Paper 98734, University Library of Munich, Germany.
    51. Ama Samarasinghe & Katherine Uylangco, 2022. "Stock market liquidity and traditional sources of bank business," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 62(3), pages 3107-3145, September.
    52. Liu, Guanchun & Zhang, Chengsi, 2020. "Does financial structure matter for economic growth in China," China Economic Review, Elsevier, vol. 61(C).
    53. Nevine Eid, 2006. "FDI-Growth Relationship: Is Financial Deepening a Pre-condition," EcoMod2006 272100023, EcoMod.
    54. Ruiz-Porras, Antonio, 2008. "Financial structure, financial development and banking fragility: International evidence," MPRA Paper 12124, University Library of Munich, Germany.
    55. José Eduardo Gómez & Nidia Ruth Reyes, 2002. "El racionamiento del crédito y las crisis financieras," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 4(7), pages 62-75, July-Dece.

  23. Léonce Ndikumana, 2002. "Additionality of Debt Relief and Debt Forgiveness, and Implications for Future Volumes of Official Assistance," WIDER Working Paper Series DP2002-97, World Institute for Development Economic Research (UNU-WIDER).

    Cited by:

    1. Leanora Alecia Brown & Jorge Martinez-Vazquez, 2015. "International Debt Forgiveness: Who Gets Picked and Its Effect On The Tax Effort Of Developing Countries," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1504, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    2. Joshua C. Hall, Serkan Karadas and Minh Tam T. Schlosky, 2018. "Is There Moral Hazard in the Heavily Indebted Poor Countries (HIPC) Initiative Debt Relief Process?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 43(3), pages 1-24, September.
    3. Freytag, Andreas & Pehnelt, Gernot, 2009. "Debt Relief and Governance Quality in Developing Countries," World Development, Elsevier, vol. 37(1), pages 62-80, January.
    4. Marin Ferry & Marc Raffinot, 2018. "Curse or Blessing? Has the impact of debt relief lived up to expectations? A review of the effects of the multilateral debt relief initiatives for low-income countries," Working Papers DT/2018/12, DIAL (Développement, Institutions et Mondialisation).
    5. Cassimon, Danny & Claessens, Stijn & Campenhout, Bjorn van, 2007. "Empirical Evidence on the New International Aid Architecture," Proceedings of the German Development Economics Conference, Göttingen 2007 2, Verein für Socialpolitik, Research Committee Development Economics.
    6. Marin Ferry, 2021. "Quel bilan tirer des initiatives d'annulation de la dette des pays pauvres très endettés ?," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 225-240.
    7. Bjørnskov, Christian & Schröder, Philipp J.H., 2013. "Are debt repayment incentives undermined by foreign aid?," Journal of Comparative Economics, Elsevier, vol. 41(4), pages 1073-1091.
    8. Alvarez-Plata, Patricia & Brück, Tilman, 2008. "External Debt in Post-Conflict Countries," World Development, Elsevier, vol. 36(3), pages 485-504, March.
    9. Megersa, kelbesa & Cassimon, Danny, 2016. "Debt Sustainability and direction of trade: What does Africa’s shifting engagement with BRIC and OECD tells us?," MPRA Paper 76581, University Library of Munich, Germany.
    10. HEPP, Ralf, 2010. "CONSEQUENCES OF DEBT RELIEF INITIATIVES IN THE 1990s," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 10(1).
    11. Cassimon, Danny & Prowse, Martin & Essers, Dennis, 2011. "Financing the Clean Development Mechanism through debt-for-efficiency swaps? Case study evidence from a Uruguayan wind farm project," IOB Working Papers 2011.06, Universiteit Antwerpen, Institute of Development Policy (IOB).
    12. Powell, Robert & Bird, Graham, 2010. "Aid and Debt Relief in Africa: Have They Been Substitutes or Complements?," World Development, Elsevier, vol. 38(3), pages 219-227, March.
    13. Léonce Ndikumana, 2005. "Distributional Conflict, The State, and Peacebuilding in Burundi," Working Papers wp105, Political Economy Research Institute, University of Massachusetts at Amherst.
    14. Danny Cassimon & Bjorn Van Campenhout, 2007. "Aid Effectiveness, Debt Relief and Public Finance Response: Evidence from a Panel of HIPC Countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 143(4), pages 742-763, December.
    15. Maria Cipollina, 2007. "The developing countries’ foreign debt in the last twenty years," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 3, July.
    16. Mohsin Nawaz & Maria Qureshi & Naveed Wahid Awan, 2012. "Does External Debt Causes Economic Growth: A Case Study of Pakistan," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 15(43), pages 131-144, March.
    17. Ugo Panizza, 2008. "The External Debt Contentious Six Years after the Monterrey Consensus," G-24 Discussion Papers 51, United Nations Conference on Trade and Development.
    18. Cassimon, Danny & Vaessen, Jos, 2007. "Theory, practice and potential of debt for development swaps in the Asian and Pacific region," Economic Systems, Elsevier, vol. 31(1), pages 12-34, March.
    19. Léonce Ndikumana, 2002. "Additionality of Debt Relief and Debt Forgiveness, and Implications for Future Volumes of Official Assistance," WIDER Working Paper Series DP2002-97, World Institute for Development Economic Research (UNU-WIDER).

  24. Léonce Ndikumana, 2002. "Public Debts and Private Assets:Explaining Capital Flight from Sub-Saharan African Countries," Working Papers wp32, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Bienvenido Ortega & Jesús Sanjuán & Antonio Casquero, 2019. "Illicit Financial Flows: Another Road Block to Human Development in Low- and Middle-Income Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 142(3), pages 1231-1253, April.
    2. Jean-Louis Combes & Alexandru Minea & Pegdéwendé Nestor Sawadogo, 2019. "Assessing the effects of combating illicit financial flows on domestic tax revenue mobilization in developing countries," Working Papers halshs-02019073, HAL.
    3. Uchenna Efobi & Simplice A. Asongu, 2015. "How Terrorism Explains Capital Flight from Africa," Research Africa Network Working Papers 15/034, Research Africa Network (RAN).
    4. Leonce Ndikumana & Mare Sarr, 2016. "Capital Flight and Foreign Direct Investment in Africa: An Investigation of the Role of Natural Resource Endowment," SALDRU Working Papers 167, Southern Africa Labour and Development Research Unit, University of Cape Town.
    5. Mercy W. Mwangi & Amos G. Njuguna & George O. Achoki, 2019. "Relationship between corruption and capital flight in Kenya: 1998-2018," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 8(5), pages 237-250, September.
    6. Simplice A. Asongu, 2014. "Knowledge Economy and Financial Sector Competition in African Countries," Research Africa Network Working Papers 14/006, Research Africa Network (RAN).
    7. Simplice A. Asongu, 2014. "On taxation, political accountability and foreign aid: empirics to a celebrated literature," Research Africa Network Working Papers 14/017, Research Africa Network (RAN).
    8. Asongu, Simplice & Jellal, Mohamed, 2014. "Foreign aid, investment and fiscal policy behavior: theory and empirical evidence," MPRA Paper 64460, University Library of Munich, Germany.
    9. Asongu, Simplice A, 2013. "Fighting African capital flight: timelines for the adoption of common policies," MPRA Paper 48493, University Library of Munich, Germany.
    10. Ljungwall, Christer & Wang, Zijian, 2008. "Why is capital flowing out of China?," China Economic Review, Elsevier, vol. 19(3), pages 359-372, September.
    11. Joshua Aizenman & Ilan Noy, 2009. "Endogenous Financial and Trade Openness," Review of Development Economics, Wiley Blackwell, vol. 13(2), pages 175-189, May.
    12. Simplice Asongu & Joseph Amankwah-Amoah, 2017. "Mitigating capital flight through military expenditure: insight from 37 African countries," Working Papers of the African Governance and Development Institute. 17/029, African Governance and Development Institute..
    13. Sèna Kimm Gnangnon & Jean-François Brun, 2019. "Internet and the structure of public revenue: resource revenue versus non-resource revenue," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 8(1), pages 1-26, December.
    14. Simplice A. Asongu, 2015. "Rational Asymmetric Development, Piketty and the Spirit of Poverty in Africa," Research Africa Network Working Papers 15/006, Research Africa Network (RAN).
    15. Alice Sindzingre, 2003. "Liberalisation, Multilateral Institutions and Public Policies : The Issue of Sovereignty In Sub-Saharan Africa," Mondes en développement, De Boeck Université, vol. 123(3), pages 23-56.
    16. Simplice A. Asongu & Joseph Nnanna, 2020. "Governance and the Capital Flight Trap in Africa," Working Papers of the African Governance and Development Institute. 20/024, African Governance and Development Institute..
    17. Luke Emeka Okafor & Joanna Tyrowicz, 2008. "Foreign Debt and Domestic Savings in Developing Countries," Working Papers 2008-06, Faculty of Economic Sciences, University of Warsaw.
    18. Léonce Ndikumana, 2006. "Corruption and Pro-Poor Growth Outcomes: Evidence and Lessons for African Countries," Working Papers wp120, Political Economy Research Institute, University of Massachusetts at Amherst.
    19. Cheung, Yin-Wong & Steinkamp, Sven & Westermann, Frank, 2016. "China's capital flight: Pre- and post-crisis experiences," Journal of International Money and Finance, Elsevier, vol. 66(C), pages 88-112.
    20. NGUENA Christian-Lambert, 2014. "External Debt Origin, Capital Flight and Poverty Reduction in the Franc Zone: Does the Economic Consequences of Sino-African Relationship matter?," Working Papers of the African Governance and Development Institute. 14/016, African Governance and Development Institute..
    21. Simplice A. Asongu, 2017. "Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 211-253, March.
    22. Yalta, A. Yasemin & Yalta, A. Talha, 2012. "Does financial liberalization decrease capital flight? A panel causality analysis," International Review of Economics & Finance, Elsevier, vol. 22(1), pages 92-100.
    23. Ding, Ding & Jinjarak, Yothin, 2012. "Development threshold, capital flows, and financial turbulence," The North American Journal of Economics and Finance, Elsevier, vol. 23(3), pages 365-385.
    24. Simplice A. Asongu, 2014. "Fighting African Capital Flight: Empirics on Benchmarking Policy Harmonization," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 93-122, June.
    25. Ms. Catherine A Pattillo & Mr. Stephen A. O'Connell & Mr. Christopher S Adam & Mr. Edward F Buffie, 2004. "Exchange Rate Policy and the Management of Official and Private Capital Flows in Africa," IMF Working Papers 2004/216, International Monetary Fund.
    26. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Transfer Pricing and Corporate Social Responsibility: Arguments, Views and Agenda," MPRA Paper 101097, University Library of Munich, Germany.
    27. Uchenna, Efobi & Asongu, Simplice, 2016. "Terrorism and Capital Flight from Africa," MPRA Paper 74651, University Library of Munich, Germany.
    28. Mahdavi, Saeid, 2004. "Shifts in the Composition of Government Spending in Response to External Debt Burden," World Development, Elsevier, vol. 32(7), pages 1139-1157, July.
    29. Ismail Doga Karatepe & Christoph Scherrer, 2019. "Collective Action as a Prerequisite for Economic and Social Upgrading in Agricultural Production Networks," Agrarian South: Journal of Political Economy, Centre for Agrarian Research and Education for South, vol. 8(1-2), pages 115-135, April.
    30. Isaac Kwesi Ampah & Gabor David Kiss, 2019. "Economic Policy Implications of External Debt and Capital Flight in Sub-Saharan Africa’s Heavily Indebted Poor Countries," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 523-542, December.
    31. Suhas Ketkar & Dilip Ratha, 2009. "Innovative Financing for Development," World Bank Publications - Books, The World Bank Group, number 6549.
    32. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Transfer Mispricing as an Argument for Corporate Social Responsibility," Working Papers of the African Governance and Development Institute. 16/031, African Governance and Development Institute..
    33. Asongu, Simplice & Amankwah-Amoah, Joseph, 2016. "Military expenditure, terrorism and capital flight: Insights from Africa," MPRA Paper 74230, University Library of Munich, Germany.
    34. Asongu, Simplice & Batuo, Enowbi & Tchamyou, Vanessa, 2015. "Bundling Governance: Finance versus Institutions in Private Investment Promotion," MPRA Paper 71170, University Library of Munich, Germany.
    35. Valdemar J. Undji & Teresia Kaulihowa, 2019. "The Effect of Fiscal Policy on Capital Flight in Namibia," Journal of Economics and Behavioral Studies, AMH International, vol. 11(4), pages 18-31.
    36. Olubanjo Taiwo Ajilore & D.O. Elumilade, 2007. "Does Corruption Matter For Nigeria Long Run Growth: Evidence From Cointegration Analyses And Causality Tests?," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 1(2), pages 69-79.
    37. Hajer Dachraoui & Mounir Smida & Maamar Sebri, 2020. "Role of capital flight as a driver of sovereign bond spreads in Latin American countries," International Economics, CEPII research center, issue 162, pages 15-33.
    38. Letete Emmanuel & Sarr Mare, 2017. "Working Paper 275 - Illicit Financial Flows and Political Institutions in Kenya," Working Paper Series 2392, African Development Bank.
    39. Larissa Nawo & Désiré Avom & Kyle McNabb & Luc Nembot, 2019. "Unofficial sovereign wealth funds and duration in power in Africa," WIDER Working Paper Series wp-2019-57, World Institute for Development Economic Research (UNU-WIDER).
    40. Simplice Asongu, 2015. "Rational Asymmetric Development: Transfer Mispricing and Sub-Saharan Africa’s Extreme Poverty Tragedy," Working Papers of the African Governance and Development Institute. 15/054, African Governance and Development Institute., revised Aug 2015.
    41. Simplice A. Asongu & Joseph Nnanna & Vanessa S. Tchamyou, 2020. "Finance, Institutions and Private Investment in Africa," Working Papers of the African Governance and Development Institute. 20/080, African Governance and Development Institute..
    42. Asongu, Simplice, 2015. "Rational Asymmetric Development: Transfer Pricing and Sub-Saharan Africa’s Extreme Poverty Tragedy," MPRA Paper 67854, University Library of Munich, Germany.
    43. Mossadak, anas, 2018. "Illicit financial outflows from Africa: measurement and determinants," MPRA Paper 104620, University Library of Munich, Germany, revised 2018.
    44. Buffie, Edward & Adam, Christopher & O'Connell, Stephen & Pattillo, Catherine, 2008. "Riding the wave: Monetary responses to aid surges in low-income countries," European Economic Review, Elsevier, vol. 52(8), pages 1378-1395, November.
    45. Liew, Siew-Ling, 2016. "Review on Determinants of Capital Flight," MPRA Paper 70445, University Library of Munich, Germany.
    46. Simplice A. Asongu & Rexon T. Nting & Evans S. Osabuohien, 2019. "One bad turn deserves another: how terrorism sustains the addiction to capital flight in Africa," Working Papers 19/015, European Xtramile Centre of African Studies (EXCAS).
    47. Asongu, Simplice, 2015. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes and Implications," MPRA Paper 67857, University Library of Munich, Germany.
    48. Simplice A. Asongu, 2015. "Rational Asymmetric Development: Transfer Mispricing and Sub-Saharan Africa’s Extreme Poverty Tragedy," Research Africa Network Working Papers 15/054, Research Africa Network (RAN).
    49. Simplice A. Asongu & Vanessa S. Tchamyou & Paul N. Acha-Anyi, 2017. "Who is Who in Knowledge Economy in Africa?," Research Africa Network Working Papers 17/043, Research Africa Network (RAN).
    50. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Fighting Capital Flight in Africa: Evidence from Bundling and Unbundling Governance," MPRA Paper 77309, University Library of Munich, Germany.
    51. Kern, Andreas & Nosrati, Elias & Reinsberg, Bernhard & Sevinc, Dilek, 2023. "Crash for cash: Offshore financial destinations and IMF programs," European Journal of Political Economy, Elsevier, vol. 78(C).
    52. lahlou, kamal & Mossadak, Anas, 2013. "Empirical Investigation on the Illicit Financial Flows from Mena Region," MPRA Paper 98020, University Library of Munich, Germany.
    53. Mpho Bosupeng & Janet Dzator & Andrew Nadolny, 2019. "Exchange Rate Misalignment and Capital Flight from Botswana: A Cointegration Approach with Risk Thresholds," JRFM, MDPI, vol. 12(2), pages 1-26, June.
    54. Ila Patnaik & Abhijit Sen Gupta & Ajay Shah, 2012. "Determinants of Trade Misinvoicing," Open Economies Review, Springer, vol. 23(5), pages 891-910, November.
    55. Léonce Ndikumana & Mare Sarr, 2016. "Capital flight and foreign direct investment in Africa: An investigation of the role of natural resource endowment," WIDER Working Paper Series wp-2016-58, World Institute for Development Economic Research (UNU-WIDER).
    56. OJO, Oladele Oladipo, PhD & CHUKWUMA, Obumneme Eugene & Prof. Suleiman. A. S Aruwa, 2024. "Moderating Effect of Public Debt on Protective Expenditure and Economic Growth of Nigeria," International Journal of Research and Scientific Innovation, International Journal of Research and Scientific Innovation (IJRSI), vol. 11(15), pages 372-385, October.
    57. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Fighting African Capital Flight: Trajectories, Dynamics and Tendencies," MPRA Paper 102034, University Library of Munich, Germany.
    58. Yacouba Kassouri, 2024. "The Rise of Transnational Financial Crimes and Tropical Deforestation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(10), pages 2795-2831, October.
    59. Ratha, Dilip & Mohapatra, Sanket & Plaza, Sonia, 2008. "Beyond aid : new sources and innovative mechanisms for financing development in Sub-Saharan Africa," Policy Research Working Paper Series 4609, The World Bank.
    60. Simplice Anutechia Asongu, 2014. "The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa," AAYE Policy Research Working Paper Series 14_021, Association of African Young Economists, revised Nov 2014.
    61. Sen Gupta, Abhijit & Atri, Pragya, 2017. "Does Financial Sector Development Augment Cross Border Capital Flows?," MPRA Paper 84416, University Library of Munich, Germany.
    62. Mpho Bosupeng & Janet Dzator & Andrew Nadolny, 2019. "Wechselkursfehlausrichtung und Kapitalflucht ab Botswana: Ein Cointegrationsansatz mit Risikoschwellen [Exchange Rate Misalignment and Capital Flight from Botswana: A Cointegration Approach with Ri," Post-Print hal-02168726, HAL.
    63. Josef Brada & Ali Kutan & Goran Vukšić, 2011. "The costs of moving money across borders and the volume of capital flight: the case of Russia and other CIS countries," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 147(4), pages 717-744, November.
    64. Simplice A. Asongu, 2015. "Rational Asymmetric Development: Transfer Pricing and Sub-Saharan Africa’s Extreme Poverty Tragedy," Research Africa Network Working Papers 15/017, Research Africa Network (RAN).
    65. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Rational Asymmetric Development, Piketty and Poverty in Africa," MPRA Paper 76586, University Library of Munich, Germany, revised Sep 2016.
    66. Ms. Sweta Chaman Saxena & Meenakshi Rishi & Ms. Valerie Cerra, 2005. "Robbing the Riches: Capital Flight, Institutions, and Instability," IMF Working Papers 2005/199, International Monetary Fund.
    67. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Unjust Enrichment from Official Corruption in Africa: Theory and Model on how Lenders have benefited," Working Papers of the African Governance and Development Institute. 16/034, African Governance and Development Institute..
    68. Combes,Jean-Louis,Minea,Alexandru,Sawadogo,Pegdewende Nestor, 2021. "Do Illicit Financial Flows Hurt Tax Revenues ? Evidence from the Developing World," Policy Research Working Paper Series 9781, The World Bank.
    69. David Fielding & Anja Shortland, 2005. "How does political violence affect confidence in a local currency? Evidence from Egypt," Journal of International Development, John Wiley & Sons, Ltd., vol. 17(7), pages 841-866.
    70. Justine Knebelmann, 2017. "Natural resources' impact on government revenues," WIDER Working Paper Series wp-2017-10, World Institute for Development Economic Research (UNU-WIDER).
    71. Valerie Cerra & Meenakshi Rishi & Sweta Saxena, 2008. "Robbing the Riches: Capital Flight, Institutions and Debt," Journal of Development Studies, Taylor & Francis Journals, vol. 44(8), pages 1190-1213.
    72. Beja Jr., Edsel L., 2007. "Brothers in distress: Revolving capital flows of Indonesia, Malaysia, and Thailand," Journal of Asian Economics, Elsevier, vol. 18(6), pages 904-914, December.
    73. Anthony Orji & Kenneth Kama & Jonathan E. Ogbuabor & Onyinye I. Anthony-Orji & Ozoemena Stanley Nwodo, 2022. "Domestic Investment and Capital Flight Nexus in Nigeria: Empirical Evidence from New Data Set," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 176-192.
    74. Kisangani Emizet & Léonce Ndikumana, 2003. "The Economics of Civil War: The Case of the Democratic Republic of Congo," Working Papers wp63, Political Economy Research Institute, University of Massachusetts at Amherst.
    75. Harouna Kinda, 2021. "Does transparency pay ? The impact of EITI on tax revenues in resource-rich developing countries," Working Papers hal-03208955, HAL.
    76. James Boyce & Léonce Ndikumana, 2008. "New Estimates of Capital Flight from Sub-Saharan African Countries: Linkages with External Borrowing and Policy Options," Working Papers wp166, Political Economy Research Institute, University of Massachusetts at Amherst.
    77. Leonce Ndikumana & Mare Sarr, 2019. "Capital Flight, Foreign Direct Investment and Natural Resources in Africa," UMASS Amherst Economics Working Papers 2019-12, University of Massachusetts Amherst, Department of Economics.
    78. Dachraoui, Hajer & Sebri, Maamar, 2020. "Tunisia, natural resources, and capital flight," EconStor Preprints 218970, ZBW - Leibniz Information Centre for Economics.
    79. Fofack, Hippolyte & Ndikumana, Leonce, 2009. "Potential gains from capital flight repatriation for Sub-Saharan African countries," Policy Research Working Paper Series 5024, The World Bank.
    80. Abegaz, Berhanu, 2005. "Multilateral development aid for Africa," Economic Systems, Elsevier, vol. 29(4), pages 433-454, December.
    81. Godwin Okafor & Obiajulu Ede, 2023. "Kidnapping rate and capital flight: Empirical evidence from developing countries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2590-2606, July.
    82. Shonchoy, Abu S., 2010. "Determinants of government consumption expenditure in developing countries : a panel data analysis," IDE Discussion Papers 266, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    83. Dachraoui, Hajer & Smida, Mounir, 2014. "La Mesure de la Fuite des Capitaux et son Impact sur l’Investissement Domestique : Cas des Pays Émergents [Measurement of capital flight and its impact on domestic investment in emerging countries]," MPRA Paper 62740, University Library of Munich, Germany.
    84. John Serieux, 2011. "Aid and Resource Mobilisation in Sub-Saharan Africa: the Role of Reverse Flows," Journal of Development Studies, Taylor & Francis Journals, vol. 47(7), pages 1080-1107.
    85. Jomo Kwame Sundaram & Rudiger von Arnim, 2008. "Economic liberalization and constraints to development in sub-Saharan africa," Working Papers 67, United Nations, Department of Economics and Social Affairs.
    86. Fofack, Hippolyte, 2009. "Causality between external debt and capital flight in Sub-Saharan Africa," Policy Research Working Paper Series 5042, The World Bank.
    87. Patrick Honohan & Thorsten Beck, 2007. "Making Finance Work for Africa," World Bank Publications - Books, The World Bank Group, number 6626.
    88. Léonce Ndikumana, 2002. "Additionality of Debt Relief and Debt Forgiveness, and Implications for Future Volumes of Official Assistance," WIDER Working Paper Series DP2002-97, World Institute for Development Economic Research (UNU-WIDER).
    89. Ndikumana, Léonce & Sarr, Mare, 2019. "Capital flight, foreign direct investment and natural resources in Africa," Resources Policy, Elsevier, vol. 63(C), pages 1-1.
    90. Basheer Ahmed & Qaim Din Sahto, 2015. "Determinants Of Capital Flight In Pakistan," IBT Journal of Business Studies (JBS), Ilma University, Faculty of Management Science, vol. 11(2), pages 55-64.
    91. Demir, Firat, 2004. "A Failure Story: Politics and Financial Liberalization in Turkey, Revisiting the Revolving Door Hypothesis," World Development, Elsevier, vol. 32(5), pages 851-869, May.
    92. Heydari, Hassan & Jariani, Farzaneh, 2020. "Analyzing Effective Factors of Capital Outflow from the Middle East and North African Countries (MENA)," MPRA Paper 104547, University Library of Munich, Germany.
    93. Davies, Victor A. B., 2007. "Capital flight and war," Policy Research Working Paper Series 4210, The World Bank.
    94. Sahin, Sule Onsel & Ulengin, Fusun & Ulengin, Burc, 2006. "A Bayesian causal map for inflation analysis: The case of Turkey," European Journal of Operational Research, Elsevier, vol. 175(2), pages 1268-1284, December.
    95. Vincent A. Onodugo & Ijeoma E. Kalu & Oluchukwu F. Anowor & Nnaemeka O. Ukweni, 2014. "Is Capital Flight Healthy For Nigerian Economic Growth? An Econometric Investigation," Journal of Empirical Economics, Research Academy of Social Sciences, vol. 3(1), pages 10-24.
    96. Beja Jr, Edsel, 2010. "Balance of Payments-consistent unreported flows," MPRA Paper 21699, University Library of Munich, Germany.
    97. Hajer Dachraoui & Maamar Sebri & Mahmoud M. A. Dwedar, 2021. "Natural Resources and Illicit Financial Flows from BRICS Countries," Biophysical Economics and Resource Quality, Springer, vol. 6(1), pages 1-13, March.
    98. Léonce Ndikumana, 2013. "The Private Sector as Culprit and Victim of Corruption in Africa," Working Papers wp330, Political Economy Research Institute, University of Massachusetts at Amherst.
    99. Marian Leimbach & Nico Bauer, 2022. "Capital markets and the costs of climate policies," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 24(3), pages 397-420, July.
    100. Brada, Josef C. & Kutan, Ali M. & Vukšić, Goran, 2013. "Capital Flight in the Presence of Domestic Borrowing: Evidence from Eastern European Economies," World Development, Elsevier, vol. 51(C), pages 32-46.
    101. Hermes, Niels & Lensink, Robert, 2014. "Financial liberalization and capital flight," Research Report 14031-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    102. Usman, Francis Robert & Arene, Chukwuemeka John, 2014. "Effects of Capital Flight and Its Macroeconomic Determinants in Agricultural Growth in Nigeria (1970-2013)," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(4), pages 1-20, October.

  25. Léonce Ndikumana & James Boyce, 2002. "Africa’s Debt: Who Owes Whom?," Working Papers wp48, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. James K. Boyce, 2004. "Aid, Conditionality, and War Economies," UMASS Amherst Economics Working Papers 2004-05, University of Massachusetts Amherst, Department of Economics.
    2. Léonce Ndikumana, 2006. "Corruption and Pro-Poor Growth Outcomes: Evidence and Lessons for African Countries," Working Papers wp120, Political Economy Research Institute, University of Massachusetts at Amherst.
    3. Jonathan Di John, 2006. "The Political Economy of Taxation and Tax Reform in Developing Countries," WIDER Working Paper Series RP2006-74, World Institute for Development Economic Research (UNU-WIDER).
    4. Scherrer, Christoph & Beck, Stefan, 2016. "Trade regulations and global production networks," GLU Working Papers 43, Global Labour University (GLU).
    5. James Boyce, 2003. "Aid, Conditionality, and War Economies," Working Papers wp70, Political Economy Research Institute, University of Massachusetts at Amherst.
    6. Beja, Jr., Edsel, 2009. "The Philippines on debt row," MPRA Paper 16553, University Library of Munich, Germany.

  26. Léonce Ndikumana, 2001. "Financial Markets and Economic Development in Africa," Working Papers wp17, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Simplice A. Asongu & Tii N. Nchofoung, 2021. "The terrorism-finance nexus contingent on globalisation and governance dynamics in Africa," Working Papers 21/016, European Xtramile Centre of African Studies (EXCAS).
    2. Janice Tieguhong Puatwoe & Serge Mandiefe Piabuo, 2017. "Financial sector development and economic growth: evidence from Cameroon," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 3(1), pages 1-18, December.
    3. Rena, Ravinder, 2007. "Sectoral Performance In The African Economy – Some Issues And Trends," MPRA Paper 11089, University Library of Munich, Germany, revised 2007.
    4. Phiri, Andrew, 2014. "Asymmetric co-integration and causality effects between financial development and economic growth in South Africa," MPRA Paper 53055, University Library of Munich, Germany.
    5. Léonce Ndikumana, 2003. "Capital Flows, Capital Account Regimes, and Foreign Exchange Rate Regimes in Africa," Working Papers wp55, Political Economy Research Institute, University of Massachusetts at Amherst.
    6. Mohamed Jalloh, 2016. "Stock market capitalisation and economic growth: empirical evidence from Africa," International Journal of Financial Markets and Derivatives, Inderscience Enterprises Ltd, vol. 5(1), pages 76-95.
    7. Ramiz ur Rehman & Muhammad Zain ul Abidin & Rizwan Ali & Safwan Mohd Nor & Muhammad Akram Naseem & Mudassar Hasan & Muhammad Ishfaq Ahmad, 2021. "The Integration of Conventional Equity Indices with Environmental, Social, and Governance Indices: Evidence from Emerging Economies," Sustainability, MDPI, vol. 13(2), pages 1-27, January.
    8. Mustapher Faque & Umit Hacioglu, 2021. "Investigating the impact of Covid-19 pandemic on stock markets:Evidence from global equity indices," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 10(7), pages 199-219, October.

  27. Tony Addison & Léonce Ndikumana, 2001. "Overcoming the Fiscal Crisis of the African State," WIDER Working Paper Series DP2001-12, World Institute for Development Economic Research (UNU-WIDER).

    Cited by:

    1. Abu Shiraz Rahaman & Jeff Everett & Dean Neu, 2007. "Accounting and the move to privatize water services in Africa," Accounting, Auditing & Accountability Journal, Emerald Group Publishing Limited, vol. 20(5), pages 637-670, September.
    2. Tony Addison & Aminur Rahman, 2001. "Why is so Little Spent on Educating the Poor?," WIDER Working Paper Series DP2001-29, World Institute for Development Economic Research (UNU-WIDER).
    3. Ghassan Dibeh, 2005. "The Political Economy of Postwar Reconstruction in Lebanon," WIDER Working Paper Series RP2005-44, World Institute for Development Economic Research (UNU-WIDER).

  28. Léonce Ndikumana, 2001. "Fiscal Policy, Conflict, and Reconstruction in Burundi and Rwanda," WIDER Working Paper Series DP2001-62, World Institute for Development Economic Research (UNU-WIDER).

    Cited by:

    1. Mwangi wa Githinji, 2012. "Erasing Class/ (re)Creating Ethnicity: Jobs, Politics, Accumulation and Identity in Kenya," UMASS Amherst Economics Working Papers 2012-08, University of Massachusetts Amherst, Department of Economics.
    2. Tony Addison & Léonce Ndikumana, 2001. "Overcoming the Fiscal Crisis of the African State," WIDER Working Paper Series DP2001-12, World Institute for Development Economic Research (UNU-WIDER).
    3. Léonce Ndikumana, 2005. "Distributional Conflict, The State, and Peacebuilding in Burundi," Working Papers wp105, Political Economy Research Institute, University of Massachusetts at Amherst.
    4. Khattry, Barsha & Mohan Rao, J., 2002. "Fiscal Faux Pas?: An Analysis of the Revenue Implications of Trade Liberalization," World Development, Elsevier, vol. 30(8), pages 1431-1444, August.
    5. Janvier Nkurunziza, 2004. "How Long Can Inflation Tax Compensate For The Loss Of Government Revenue In War Economies? Evidence From Burundi," Development and Comp Systems 0409065, University Library of Munich, Germany.
    6. Tal Sadeh, 2011. "Hard Currencies For Hard Times. Terror Attacks And The Choice Of Monetary Anchors," Defence and Peace Economics, Taylor & Francis Journals, vol. 22(4), pages 367-392, June.
    7. Okwoche Princewill U. & Iheonu Chimere O., 2021. "Determinants of fiscal effort in sub-Saharan African countries: Does conflict matter?," Economics and Business Review, Sciendo, vol. 7(2), pages 50-73, June.
    8. Tony Addison, 2005. "Agricultural Development for Peace," WIDER Working Paper Series RP2005-07, World Institute for Development Economic Research (UNU-WIDER).
    9. Joseph Mawejje & Nicholas M. Odhiambo, 2022. "The determinants and cyclicality of fiscal policy: Empirical evidence from East Africa," International Economics, CEPII research center, issue 169, pages 50-70.
    10. Arcade NDORICIMPA, 2017. "Analysis of Asymmetries in the Tax-Spending Nexus in Burundi," Journal of Economics and Political Economy, KSP Journals, vol. 4(1), pages 53-70, March.
    11. Mr. Benedict J. Clements & Mr. Sanjeev Gupta & Shamit Chakravarti & Ms. Rina Bhattacharya, 2002. "Fiscal Consequences of Armed Conflict and Terrorism in Low- and Middle-Income Countries," IMF Working Papers 2002/142, International Monetary Fund.
    12. Ghassan Dibeh, 2005. "The Political Economy of Postwar Reconstruction in Lebanon," WIDER Working Paper Series RP2005-44, World Institute for Development Economic Research (UNU-WIDER).
    13. Gupta, Sanjeev & Clements, Benedict & Bhattacharya, Rina & Chakravarti, Shamit, 2004. "Fiscal consequences of armed conflict and terrorism in low- and middle-income countries," European Journal of Political Economy, Elsevier, vol. 20(2), pages 403-421, June.
    14. Vanessa van den Boogaard & Wilson Prichard & Nikola Milicic & Matthew Benson, 2016. "Tax revenue mobilization in conflict-affected developing countries," WIDER Working Paper Series wp-2016-155, World Institute for Development Economic Research (UNU-WIDER).
    15. Slobodanka B. Teodosijevic, 2003. "Armed Conflicts and Food Security," Working Papers 03-11, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
    16. José Pedro Pontes & Armando J. Garcia Pires, 2020. "(De) industrialization in the Von Thünen’s economy," Working Papers REM 2020/0141, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.

  29. Léonce Ndikumana & James Boyce, 2000. "Is Africa a Net Creditor? New Estimates of Capital Flight from Severely Indebted Sub-Saharan African Countries, 1970-1996," Working Papers wp5, Political Economy Research Institute, University of Massachusetts at Amherst.

    Cited by:

    1. Majumder, Monoj Kumar & Raghavan, Mala & Vespignani, Joaquin, 2020. "Commodity price volatility, external debt and exchange rate regimes," Working Papers 2020-13, University of Tasmania, Tasmanian School of Business and Economics.
    2. Monoj Kumar Majumder & Mala Valliammai Raghavan & Joaquin L. Vespignani, 2021. "Impact of commodity price volatility on external debt: the role of exchange rate regimes," Applied Economics, Taylor & Francis Journals, vol. 53(57), pages 6626-6640, December.
    3. Beja, Edsel Jr., 2009. "Things are different when you open up: Economic openness, domestic economy, and income," MPRA Paper 16552, University Library of Munich, Germany, revised 01 Aug 2009.
    4. Ahmed Abdullahi D., 2011. "International Financial Integration, Investment and Economic Performance in Sub-Saharan African Countries," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-28, December.
    5. Abdullah Hussein Almounsor, 2017. "New Analysis of Capital Flight from Saudi Arabia: The Relation with Long-Term Economic Performance," Applied Economics and Finance, Redfame publishing, vol. 4(6), pages 17-26, November.
    6. Ila Patnaik & Abhijit Sen Gupta & Ajay Shah, 2012. "Determinants of Trade Misinvoicing," Open Economies Review, Springer, vol. 23(5), pages 891-910, November.
    7. Almounsor Abdullah, 2008. "Capital Flight Accounting and Welfare Implications in the MENA Region," Review of Middle East Economics and Finance, De Gruyter, vol. 4(2), pages 1-67, April.
    8. Jomo Kwame Sundaram & Rudiger von Arnim, 2008. "Economic liberalization and constraints to development in sub-Saharan africa," Working Papers 67, United Nations, Department of Economics and Social Affairs.
    9. Niels Hermes & Robert Lensink & Victor Murinde, 2002. "Flight Capital and its Reversal for Development Financing," WIDER Working Paper Series DP2002-99, World Institute for Development Economic Research (UNU-WIDER).
    10. Léonce Ndikumana, 2001. "Financial Markets and Economic Development in Africa," Working Papers wp17, Political Economy Research Institute, University of Massachusetts at Amherst.
    11. Jarita DUASA, 2010. "The Effectiveness of Malaysian Capital Outflow Controls of 1998," EcoMod2004 330600044, EcoMod.

  30. Donald S. Allen & Leonce Ndikumana, 1998. "Financial intermediation and economic growth in southern Africa," Working Papers 1998-004, Federal Reserve Bank of St. Louis.

    Cited by:

    1. Alomar, Ibrahim, 2005. "الدور التنموي للمصارف والوسطاء الماليين [Develpmental Role of Banks and Financial Intermediaries]," MPRA Paper 18798, University Library of Munich, Germany.
    2. Roseline Oluitan, 2012. "Financial Development and Economic Growth in Africa: Lessons and Prospects," Business and Economic Research, Macrothink Institute, vol. 2(2), pages 54-67, December.
    3. Gregory Price, 2008. "NEA Presidential Address: Black Economists of the World You Cite!!," The Review of Black Political Economy, Springer;National Economic Association, vol. 35(1), pages 1-12, March.
    4. Sylvanus Ikhide, 2003. "Was There a Credit Crunch in Namibia Between 1996-2000?," Journal of Applied Economics, Universidad del CEMA, vol. 6, pages 269-290, November.
    5. Ahmed, Abdullahi D., 2016. "Integration of financial markets, financial development and growth: Is Africa different?," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 42(C), pages 43-59.
    6. Antoni, 2015. "The dynamic relationship between money supply and economic growth," Economic Journal of Emerging Markets, Universitas Islam Indonesia, vol. 7(2), pages 78-92, April.
    7. Enowbi Batuo, Michael & Mlambo, Kupukile, 2012. "Financial liberalisation, Banking Crises and Economic Growth in African Countries," MPRA Paper 41524, University Library of Munich, Germany.

Articles

  1. Elizabeth Asiedu & Isaac Kalonda-Kanyama & Leonce Ndikumana & Akwasi Nti-Addae, 2013. "Access to Credit by Firms in Sub-Saharan Africa: How Relevant Is Gender?," American Economic Review, American Economic Association, vol. 103(3), pages 293-297, May.

    Cited by:

    1. Elin Torell & Chikondi Manyungwa-Pasani & Danielle Bilecki & Innocent Gumulira & Gordon Yiwombe, 2021. "Assessing and Advancing Gender Equity in Lake Malawi’s Small-Scale Fisheries Sector," Sustainability, MDPI, vol. 13(23), pages 1-17, November.
    2. Brixiová, Zuzana & Kangoye, Thierry, 2019. "Training, Human Capital, and Gender Gaps in Entrepreneurial Performance," GLO Discussion Paper Series 424, Global Labor Organization (GLO).
    3. Wellalage, Nirosha & Locke, Stuart, 2017. "Access to credit by SMEs in South Asia: do women entrepreneurs face discrimination," Research in International Business and Finance, Elsevier, vol. 41(C), pages 336-346.
    4. Claudia Piras & Andrea Filippo Presbitero & Roberta Rabellotti, 2013. "Definitions Matter: Measuring Gender Gaps in Firms' Access to Credit," Mo.Fi.R. Working Papers 90, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    5. Abdelkrim Araar & Yesuf Mohammednur Awel & Jonse Bane Boka & Hiywot Menker & Ajebush Shafi & Eleni Yitbarek & Mulatu Zerihun, 2019. "Impact of Credit and Training on Enterprise Performance: Evidence from Urban Ethiopia," Working Papers PMMA 2019-13, PEP-PMMA.
    6. Gael Fokam & Christelle MAPA & Mathurin ISSABE, 2021. "Gender differences in access to corporate financial services in Cameroon," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(10), pages 442-456, October.
    7. LY, Yahya Abou, 2016. "Barrières à l’accès aux services financiers bancaires par les entreprises en Mauritanie [Barriers to Access to Financial Banking Services by enterprises in Mauritania]," MPRA Paper 108680, University Library of Munich, Germany, revised 15 Sep 2017.
    8. Díaz Serrano, Lluís & Sackey, Frank G., 2016. "Empowering the vulnerable to be entrepreneurs: An empirical test on the efectiveness of the Ghana microfinance policy 2006," Working Papers 2072/267084, Universitat Rovira i Virgili, Department of Economics.
    9. Islam,Asif Mohammed & Muzi,Silvia, 2020. "Mobile Money and Investment by Women Businesses in Sub-Saharan Africa," Policy Research Working Paper Series 9338, The World Bank.
    10. Shusen Qi & Steven Ongena & Hua Cheng, 2022. "Working with women, do men get all the credit?," Small Business Economics, Springer, vol. 59(4), pages 1427-1447, December.
    11. Bertrand, Jérémie & Burietz, Aurore & Perrin, Caroline, 2022. "Just the two of us, we can(’t) make it if we try: Owner-CEO gender and discouragement," Economics Letters, Elsevier, vol. 216(C).
    12. Dileni Gunewardena & Abdoulaye Seck, 2020. "Heterogeneity in entrepreneurship in developing countries: Risk, credit, and migration and the entrepreneurial propensity of youth and women," Review of Development Economics, Wiley Blackwell, vol. 24(3), pages 713-725, August.
    13. Elizabeth Asiedu & Theophile T. Azomahou & Neepa B. Gaekwa & Mahamady Ouedraogo, 2021. "The Determinants of Electricity Constraints by Firms in Developing Countries," WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS 202116, University of Kansas, Department of Economics, revised Jun 2021.
    14. Tho Pham & Oleksandr Talavera, 2017. "Discrimination, social capital, and financial constraints: The case of Vietnam," WIDER Working Paper Series wp-2017-67, World Institute for Development Economic Research (UNU-WIDER).
    15. Dorgyles C.M. Kouakou, 2024. "Can past informality impede registered firms’ access to credit?," Economics Working Paper Archive (University of Rennes & University of Caen) 2024-08, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    16. Asongu, Simplice & Batuo, Enowbi & Tchamyou, Vanessa, 2015. "Bundling Governance: Finance versus Institutions in Private Investment Promotion," MPRA Paper 71170, University Library of Munich, Germany.
    17. Zuzana Brixiová & Thierry Kangoye, 2016. "Start-Up Capital and Women's Entrepreneurship: Evidence from Swaziland," SALDRU Working Papers 192, Southern Africa Labour and Development Research Unit, University of Cape Town.
    18. Tesfaye T. Lemma & Tendai Gwatidzo & Mthokozisi Mlilo, 2023. "Gender differences in business performance: evidence from Kenya and South Africa," Small Business Economics, Springer, vol. 60(2), pages 591-614, February.
    19. Steven Ongena & Alexander Popov, 2016. "Gender Bias and Credit Access," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(8), pages 1691-1724, December.
    20. Nicola Comincioli & Paolo M. Panteghini & Sergio Vergalli & Paolo Panteghini, 2024. "On the Main Determinants of Start-Up Investment in Developing Countries," CESifo Working Paper Series 11014, CESifo.
    21. Diaz-Serrano, Luis & Sackey, Frank Gyimah, 2016. "Empowering the Vulnerable to Be Entrepreneurs: An Empirical Test on the Effectiveness of the Ghana Microfinance Policy 2006," IZA Discussion Papers 10323, Institute of Labor Economics (IZA).
    22. Brixiova Schwidrowski, Zuzana & Kangoye, Thierry & Tregenna, Fiona, 2020. "Enterprising Women in Southern Africa: When Does Land Ownership Matter?," IZA Discussion Papers 12926, Institute of Labor Economics (IZA).
    23. Olayinka Oyekola & Sofia Johan & Rilwan Sakariyahu & Oluwatoyin Esther Dosumu & Shima Amini, 2023. "Political institutions, financial liberalisation, and access to finance: firm-level empirical evidence," Discussion Papers 2307, University of Exeter, Department of Economics.
    24. Brixiová, Zuzana & Kangoye & Thierry & Yogo, Thierry Urbain, 2020. "Access to Finance among Small and Medium-Sized Enterprises and Job Creation in Africa," GLO Discussion Paper Series 665, Global Labor Organization (GLO).
    25. Machokoto, Michael & Omotilewa, Oluwatoba James, 2024. "The impact of borrowing concentration on innovation: When is one not just enough?," Economics Letters, Elsevier, vol. 236(C).
    26. Osei-Tutu, Francis & Weill, Laurent, 2023. "Democracy favors access to credit of firms," European Journal of Political Economy, Elsevier, vol. 77(C).
    27. Naegels, Vanessa & Mori, Neema & D'Espallier, Bert, 2022. "The process of female borrower discouragement," Emerging Markets Review, Elsevier, vol. 50(C).
    28. Small, Sarah F. & van der Meulen Rodgers, Yana, 2023. "The gendered effects of investing in physical and social infrastructure," World Development, Elsevier, vol. 171(C).
    29. Brixiová, Zuzana & Kangoye, Thierry, 2019. "Networks, Start-up Capital and Women’s Entrepreneurial Performance in Africa: Evidence from Eswatini," GLO Discussion Paper Series 431, Global Labor Organization (GLO).
    30. Chen, Xiao & Huang, Bihong & Ye, Dezhu, 2020. "Gender gap in peer-to-peer lending: Evidence from China," Journal of Banking & Finance, Elsevier, vol. 112(C).
    31. Lamessa T. Abdisa & Alemu L. Hawitibo, 2021. "Firm performance under financial constraints: evidence from sub-Saharan African countries," Journal of Innovation and Entrepreneurship, Springer, vol. 10(1), pages 1-17, December.
    32. An, Jiafu, 2020. "Is there an employee-based gender gap in informal financial markets? International evidence," Journal of Corporate Finance, Elsevier, vol. 65(C).
    33. Efobi, Uchenna & Tanankem, Belmondo & Asongu, Simplice & Beecroft, Ibukun, 2016. "Exploring Multidimensional Financial Inclusion and Manufacturing Firms Performance in a Developing Country: The Case of Nigeria," MPRA Paper 76589, University Library of Munich, Germany.
    34. Simplice A. Asongu & Joseph Nnanna & Vanessa S. Tchamyou, 2020. "Finance, Institutions and Private Investment in Africa," Working Papers of the African Governance and Development Institute. 20/080, African Governance and Development Institute..
    35. Amina Ika Micah, 2022. "Three essays on access to credit and financial shock in Nigeria," Economics PhD Theses 0422, Department of Economics, University of Sussex Business School.
    36. Riaz, Yasir & Faff, Robert & Shehzad, Choudhry Tanveer & Shahab, Yasir, 2023. "Behavioral implications of sovereign ceiling doctrine for the access to credit by firms," International Review of Financial Analysis, Elsevier, vol. 90(C).
    37. James Atta Peprah & Isaac Kwesi Ofori & Abel Nyarko Asomani, 2019. "Financial development, remittances and economic growth: A threshold analysis," Cogent Economics & Finance, Taylor & Francis Journals, vol. 7(1), pages 1625107-162, January.
    38. Bertrand, Jérémie & Mazza, Paolo, 2022. "Borrowers’ discouragement and creditor information," International Review of Law and Economics, Elsevier, vol. 72(C).
    39. Zuzana Brixiová & Thierry Kangoye, 2015. "Gender and Constraints to Entrepreneurship in Africa: New Evidence from Swaziland," SALDRU Working Papers 155, Southern Africa Labour and Development Research Unit, University of Cape Town.
    40. Francis OSEI-TUTU & Laurent WEILL, 2023. "Regional Favoritism and Access to Credit," Working Papers of LaRGE Research Center 2023-04, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    41. Mishra, Aswini Kumar & Bhardwaj, Vedant, 2022. "Financial access and household’s borrowing: Policy perspectives of an emerging economy," Journal of Policy Modeling, Elsevier, vol. 44(5), pages 981-999.
    42. Kırmızıoğlu, Hale & Elveren, Adem Yavuz, 2022. "Financial Development and Female Labor Income Share: Evidence from Global Data," MPRA Paper 112861, University Library of Munich, Germany.
    43. Lee, Chien-Chiang & Wang, Chih-Wei & Ho, Shan-Ju, 2022. "Financial aid and financial inclusion: Does risk uncertainty matter?," Pacific-Basin Finance Journal, Elsevier, vol. 71(C).
    44. Bucher-Koenen, Tabea & Alessie, Rob & Lusardi, Annamaria & van Rooij, Maarten, 2021. "Fearless Woman: Financial Literacy and Stock Market Participation," ZEW Discussion Papers 21-015, ZEW - Leibniz Centre for European Economic Research.
    45. Francis OSEI-TUTU & Laurent WEILL, 2020. "Does Access to Credit Come with Access to Voting? Democracy and Firm Financing Constraints," Working Papers of LaRGE Research Center 2020-04, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    46. Machokoto, Michael & Bempong Nyantakyi, Eugene, 2023. "Are women-owned enterprises better for employees?," Economics Letters, Elsevier, vol. 232(C).
    47. Osei-Tutu, Francis & Weill, Laurent, 2022. "Bank efficiency and access to credit: International evidence," Economic Systems, Elsevier, vol. 46(3).
    48. Brixiova Schwidrowski, Zuzana & Kangoye, Thierry, 2016. "Gender Disparities in Employment and Earnings in Sub-Saharan Africa: Evidence from Swaziland," IZA Discussion Papers 10455, Institute of Labor Economics (IZA).
    49. Florian Léon & Laurent Weill, 2021. "Elections Hinder Firms' Access to Credit," Working Papers hal-03462407, HAL.
    50. Dorgyles C.M. Kouakou, 2024. "The effect of informal competition on registered firms’ credit constraints: Global evidence, channels, and the roles of productivity and financial development," Economics Working Paper Archive (University of Rennes & University of Caen) 2024-10, Center for Research in Economics and Management (CREM), University of Rennes, University of Caen and CNRS.
    51. Nihal Bayraktar & Hippolyte Fofack, 2018. "A Model for Gender Analysis with Informal Production and Financial Sectors," Journal of African Development, African Finance and Economic Association (AFEA), vol. 20(2), pages 1-20.
    52. KOUAKOU, Dorgyles C.M., 2024. "Can past informality impede registered firms' access to credit?," MPRA Paper 121766, University Library of Munich, Germany.
    53. Tran, Viet T. & Nguyen, Trung Thanh & Tran, Nguyet T.M., 2019. "Gender difference in access to local finance and firm performance: Evidence from a panel survey in Vietnam," Economic Analysis and Policy, Elsevier, vol. 63(C), pages 150-164.
    54. Amon Simba & Mahdi Tajeddin & Léo-Paul Dana & Domingo E. Ribeiro Soriano, 2024. "Deconstructing involuntary financial exclusion: a focus on African SMEs," Small Business Economics, Springer, vol. 62(1), pages 285-305, January.
    55. Juan Carlos Urueña-Mejía & Luis H. Gutierrez & Paul Rodríguez-Lesmes, 2023. "Financial inclusion and business practices of microbusiness in Colombia," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(2), pages 465-494, June.
    56. Chen, Xiao & Huang, Bihong & Ye, Dezhu, 2019. "The Gender Gap in Peer-to-Peer Lending: Evidence from the People’s Republic of China," ADBI Working Papers 977, Asian Development Bank Institute.
    57. Radeef Chundakkadan & Subash Sasidharan, 2022. "Gender gap and access to finance: A cross‐country analysis," Review of Development Economics, Wiley Blackwell, vol. 26(1), pages 180-207, February.
    58. Bach, Thang Ngoc & Le, Thanh & Nguyen, Thang Xuan & Hoang, Khanh, 2023. "Gender discrimination, social networks and access to informal finance of Vietnamese small and medium enterprises," Economic Analysis and Policy, Elsevier, vol. 78(C), pages 358-372.
    59. Figueroa, Camila & Iberti, Gonzalo & Riutort, Julio & Wagner, Rodrigo, 2023. "Do firms that state they are financially constrained tend to reinvest more of their profits?," International Review of Financial Analysis, Elsevier, vol. 90(C).
    60. Shreya Biswas, 2021. "She Innovates- Female owner and firm innovation in India," Papers 2109.09515, arXiv.org.
    61. Mwale, Martin Limbikani & Fintel, Dieter von & Marchetta, Francesca & Smith, Anja & Kamninga, Tony Mwenda, 2021. "The Negative Impact of Farm Input Subsidies on Women's Agency in Malawi's Matrilocal Settlements," 2021 Conference, August 17-31, 2021, Virtual 315041, International Association of Agricultural Economists.
    62. Tony Addison & Saurabh Singhal & Finn Tarp, 2013. "Aid to Africa: the Changing Context," WIDER Working Paper Series wp-2013-144, World Institute for Development Economic Research (UNU-WIDER).
    63. Olatunji Abdul Shobande & Joseph Onuche Enemona, 2021. "A Multivariate VAR Model for Evaluating Sustainable Finance and Natural Resource Curse in West Africa: Evidence from Nigeria and Ghana," Sustainability, MDPI, vol. 13(5), pages 1-15, March.
    64. Juan Wu & Yaokuang Li & Daru Zhang, 2019. "Identifying women’s entrepreneurial barriers and empowering female entrepreneurship worldwide: a fuzzy-set QCA approach," International Entrepreneurship and Management Journal, Springer, vol. 15(3), pages 905-928, September.
    65. Kausik Chaudhuri & Subash Sasidharan & Rajesh Seethamma Natarajan Raj, 2020. "Gender, small firm ownership, and credit access: some insights from India," Small Business Economics, Springer, vol. 54(4), pages 1165-1181, April.
    66. Naegels, Vanessa & D’Espallier, Bert & Mori, Neema, 2020. "Perceived problems with collateral: The value of informal networking," International Review of Economics & Finance, Elsevier, vol. 65(C), pages 32-45.
    67. Jain, Ritika, 2022. "Gender diversity, gender norms and firm performance: Evidence from India," Economic Systems, Elsevier, vol. 46(4).
    68. Florence D. Mndolwa & Abdul Latif Alhassan, 2020. "Gender disparities in financial inclusion: Insights from Tanzania," African Development Review, African Development Bank, vol. 32(4), pages 578-590, December.
    69. Phina Njideka Onyekwelu & Godwin Imo Ibe & Francis Ezieshi Monyei & Joseph Ikechukwu Attamah & Wilfred Isioma Ukpere, 2023. "The Impact of Entrepreneurship Institutions on Access to Micro-Financing for Sustainable Enterprise in an Emerging Economy," Sustainability, MDPI, vol. 15(9), pages 1-15, April.
    70. Mushtaq, Rizwan & Gull, Ammar Ali & Usman, Muhammad, 2022. "ICT adoption, innovation, and SMEs’ access to finance," Telecommunications Policy, Elsevier, vol. 46(3).
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    74. Dengjun Zhang, 2022. "Capacity utilization under credit constraints: A firm‐level study of Latin American manufacturing," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 27(1), pages 1367-1386, January.
    75. Bailey, Rachel & Hartarska, Valentina, 2017. "Women's Property Rights and Outreach of Microfinance Institutions Targeting Women," 2017 Annual Meeting, February 4-7, 2017, Mobile, Alabama 253159, Southern Agricultural Economics Association.

  2. Leonce Ndikumana & James Boyce, 2011. "Capital flight from sub-Saharan Africa: linkages with external borrowing and policy options," International Review of Applied Economics, Taylor & Francis Journals, vol. 25(2), pages 149-170.

    Cited by:

    1. Uchenna Efobi & Simplice A. Asongu, 2015. "How Terrorism Explains Capital Flight from Africa," Research Africa Network Working Papers 15/034, Research Africa Network (RAN).
    2. Mercy W. Mwangi & Amos G. Njuguna & George O. Achoki, 2019. "Relationship between corruption and capital flight in Kenya: 1998-2018," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 8(5), pages 237-250, September.
    3. Simplice Asongu & Uchenna Efobi & Ibukun Beecroft, 2015. "Inclusive Human Development in Pre-crisis Times of Globalization-driven Debts," African Development Review, African Development Bank, vol. 27(4), pages 428-442, December.
    4. Simplice A. Asongu, 2014. "Knowledge Economy and Financial Sector Competition in African Countries," Research Africa Network Working Papers 14/006, Research Africa Network (RAN).
    5. Simplice A. Asongu & Jacinta C. Nwachukwu, 2017. "Foreign Aid and Inclusive Development: Updated Evidence from Africa, 2005–2012," Social Science Quarterly, Southwestern Social Science Association, vol. 98(1), pages 282-298, March.
    6. Simplice A. Asongu, 2014. "On taxation, political accountability and foreign aid: empirics to a celebrated literature," Research Africa Network Working Papers 14/017, Research Africa Network (RAN).
    7. Asongu, Simplice & Jellal, Mohamed, 2014. "Foreign aid, investment and fiscal policy behavior: theory and empirical evidence," MPRA Paper 64460, University Library of Munich, Germany.
    8. Simplice Asongu & Joseph Amankwah-Amoah, 2017. "Mitigating capital flight through military expenditure: insight from 37 African countries," Working Papers of the African Governance and Development Institute. 17/029, African Governance and Development Institute..
    9. Asongu , Simplice A., 2015. "On the dynamic effects of foreign aid on corruption," European Economic Letters, European Economics Letters Group, vol. 4(1), pages 5-10.
    10. Simplice A. Asongu, 2015. "Rational Asymmetric Development, Piketty and the Spirit of Poverty in Africa," Research Africa Network Working Papers 15/006, Research Africa Network (RAN).
    11. Simplice A. Asongu & Joseph Nnanna, 2020. "Governance and the Capital Flight Trap in Africa," Working Papers of the African Governance and Development Institute. 20/024, African Governance and Development Institute..
    12. Simplice A. Asongu & Paul N. Acha-Anyi, 2020. "A survey on the Washington Consensus and the Beijing Model: reconciling development perspectives," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(2), pages 111-129, June.
    13. Andrew Martin Fischer, 2014. "Redistribution as social justice for decarbonising the global economy," The Economic and Labour Relations Review, , vol. 25(4), pages 574-586, December.
    14. Simplice A. Asongu, 2017. "Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 211-253, March.
    15. Simplice A. Asongu, 2014. "Fighting African Capital Flight: Empirics on Benchmarking Policy Harmonization," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 93-122, June.
    16. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Transfer Pricing and Corporate Social Responsibility: Arguments, Views and Agenda," MPRA Paper 101097, University Library of Munich, Germany.
    17. Uchenna, Efobi & Asongu, Simplice, 2016. "Terrorism and Capital Flight from Africa," MPRA Paper 74651, University Library of Munich, Germany.
    18. Mutiu Abimbola Oyinlola & Abdulfatai Adedeji, 2019. "Human capital, financial sector development and inclusive growth in sub-Saharan Africa," Economic Change and Restructuring, Springer, vol. 52(1), pages 43-66, February.
    19. Isaac Kwesi Ampah & Gabor David Kiss, 2019. "Economic Policy Implications of External Debt and Capital Flight in Sub-Saharan Africa’s Heavily Indebted Poor Countries," Society and Economy, Akadémiai Kiadó, Hungary, vol. 41(4), pages 523-542, December.
    20. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Transfer Mispricing as an Argument for Corporate Social Responsibility," Working Papers of the African Governance and Development Institute. 16/031, African Governance and Development Institute..
    21. Asongu, Simplice & Amankwah-Amoah, Joseph, 2016. "Military expenditure, terrorism and capital flight: Insights from Africa," MPRA Paper 74230, University Library of Munich, Germany.
    22. Asongu, Simplice & Batuo, Enowbi & Tchamyou, Vanessa, 2015. "Bundling Governance: Finance versus Institutions in Private Investment Promotion," MPRA Paper 71170, University Library of Munich, Germany.
    23. Simplice Asongu, 2014. "A brief clarification to the questionable economics of foreign aid for inclusive human development," Working Papers of the African Governance and Development Institute. 14/028, African Governance and Development Institute..
    24. Hajer Dachraoui & Mounir Smida & Maamar Sebri, 2020. "Role of capital flight as a driver of sovereign bond spreads in Latin American countries," International Economics, CEPII research center, issue 162, pages 15-33.
    25. Simplice Asongu & Jacinta Nwachukwu & Gilbert Aminkeng, 2018. "Lessons from a Survey of China’s Economic Diplomacy," AFEA Working Papers 18/008, African Finance and Economic Association (AFEA).
    26. Zuzana Brixiov?? & L??once Ndikumana & Kaouther Abderrahim, 2011. "Supporting Africa???S Post-Crisis Growth: The Role Of Macroeconomic Policies," William Davidson Institute Working Papers Series wp1008, William Davidson Institute at the University of Michigan.
    27. Letete Emmanuel & Sarr Mare, 2017. "Working Paper 275 - Illicit Financial Flows and Political Institutions in Kenya," Working Paper Series 2392, African Development Bank.
    28. Larissa Nawo & Désiré Avom & Kyle McNabb & Luc Nembot, 2019. "Unofficial sovereign wealth funds and duration in power in Africa," WIDER Working Paper Series wp-2019-57, World Institute for Development Economic Research (UNU-WIDER).
    29. Asongu Simplice, 2014. "A Development Consensus reconciling the Beijing Model and Washington Consensus: Views and Agenda," Working Papers of the African Governance and Development Institute. 14/013, African Governance and Development Institute..
    30. Hall, Stephen G. & O’Hare, Bernadette, 2024. "A model of the impact of government revenue and quality of governance on schooling," International Journal of Educational Development, Elsevier, vol. 108(C).
    31. Simplice A. Asongu & Joseph Nnanna & Vanessa S. Tchamyou, 2020. "Finance, Institutions and Private Investment in Africa," Working Papers of the African Governance and Development Institute. 20/080, African Governance and Development Institute..
    32. Simplice A. Asongu & Rexon T. Nting & Evans S. Osabuohien, 2019. "One bad turn deserves another: how terrorism sustains the addiction to capital flight in Africa," Working Papers 19/015, European Xtramile Centre of African Studies (EXCAS).
    33. Asongu, Simplice, 2015. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes and Implications," MPRA Paper 67857, University Library of Munich, Germany.
    34. Simplice A. Asongu & Vanessa S. Tchamyou & Paul N. Acha-Anyi, 2017. "Who is Who in Knowledge Economy in Africa?," Research Africa Network Working Papers 17/043, Research Africa Network (RAN).
    35. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Fighting Capital Flight in Africa: Evidence from Bundling and Unbundling Governance," MPRA Paper 77309, University Library of Munich, Germany.
    36. Simplice Anutechia Asongu, 2014. "The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa," AAYE Policy Research Working Paper Series 14_021, Association of African Young Economists, revised Nov 2014.
    37. JANJUA, Laeeq Razzak & MERYEM, Erraiteb & RAJA, Maryum Sajid, 2022. "Evaluating The Relationship Between Anti-Money Laundering Policies And Per Capita Consumption Expenditure - A Fresh Inside From Middle-Income Countries," Journal of Financial and Monetary Economics, Centre of Financial and Monetary Research "Victor Slavescu", vol. 10(1), pages 73-83, October.
    38. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Rational Asymmetric Development, Piketty and Poverty in Africa," MPRA Paper 76586, University Library of Munich, Germany, revised Sep 2016.
    39. Essers, Dennis & Blommestein, Hans & Cassimon, Danny & Ibarlucea Flores, Perla, 2014. "Local currency bond market development in Sub-Saharan Africa: a stock-taking exercise and analysis of key drivers," IOB Working Papers 2014.08, Universiteit Antwerpen, Institute of Development Policy (IOB).
    40. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Unjust Enrichment from Official Corruption in Africa: Theory and Model on how Lenders have benefited," Working Papers of the African Governance and Development Institute. 16/034, African Governance and Development Institute..
    41. Asongu, Simplice & Nwachukwu, Jacinta & Aminkeng, Gilbert A. A, 2018. "Lessons from a Survey of China’s Economic Diplomacy," MPRA Paper 88521, University Library of Munich, Germany.
    42. Combes,Jean-Louis,Minea,Alexandru,Sawadogo,Pegdewende Nestor, 2021. "Do Illicit Financial Flows Hurt Tax Revenues ? Evidence from the Developing World," Policy Research Working Paper Series 9781, The World Bank.
    43. Koketso Phale & Fanglin Li & Isaac Adjei Mensah & Akoto Yaw Omari-Sasu & Mohammed Musah, 2021. "Knowledge-Based Economy Capacity Building for Developing Countries: A Panel Analysis in Southern African Development Community," Sustainability, MDPI, vol. 13(5), pages 1-28, March.
    44. Ndoricimpa, Arcade, 2024. "The ugly side of the Africa-UAE (United Arab Emirates) gold trade: Gold export misreporting and smuggling," Resources Policy, Elsevier, vol. 91(C).
    45. Asongu, Simplice & Ssozi, John, 2015. "Sino-African relations: some solutions and strategies to the policy syndromes," MPRA Paper 67851, University Library of Munich, Germany.
    46. Pacific K. T. Yapatake & Gabriella M-A. M Ngaba, 2019. "Capital Flight and Extent of Corruption control in the Least Corrupt African Countries: An Empirical assessment," CEREDEC Working Papers 19/002, Centre de Recherche pour le Développement Economique (CEREDEC).
    47. Bernadette O'Hare & Steve G. Hall, 2022. "The Impact of Government Revenue on the Achievement of the Sustainable Development Goals and the Amplification Potential of Good Governance," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 14(2), pages 109-129, June.
    48. Kazue Demachi, 2014. "Capital flight from resource rich developing countries," Economics Bulletin, AccessEcon, vol. 34(2), pages 734-744.
    49. Godwin Okafor & Obiajulu Ede, 2023. "Kidnapping rate and capital flight: Empirical evidence from developing countries," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 28(3), pages 2590-2606, July.
    50. Afees A. Salisu & Kazeem Isah, 2017. "A Capital Flight-Growth Nexus in Sub-Saharan Africa: The Role of Macroeconomic Uncertainty," Working Papers 034, Centre for Econometric and Allied Research, University of Ibadan.
    51. Chokri Zehri, 2017. "The Relaxing of Capital Controls and Rise of External Debt," American Journal of Economics and Business Administration, Science Publications, vol. 9(4), pages 61-70, December.
    52. Adewale Hassan & Daniel Meyer, 2021. "Exploring the Channels of Transmission between External Debt and Economic Growth: Evidence from Sub-Saharan African Countries," Economies, MDPI, vol. 9(2), pages 1-16, April.
    53. Leonce Ndikumana, 2014. "International Tax Cooperation and Implications of Globalization," CDP Background Papers 024, United Nations, Department of Economics and Social Affairs.
    54. Simplice A. Asongu & Jacinta C. Nwachukwu & Gilbert A. A. Aminkeng, 2014. "China’s Strategies in Economic Diplomacy: A Survey of Updated Lessons for Africa, the West and China," Research Africa Network Working Papers 14/036, Research Africa Network (RAN).
    55. Asongu, Simplice & Nwachukwu, Jacinta C. & Aminkeng, Gilbert A. A, 2014. "China’s Strategies in Economic Diplomacy: A Survey of Updated Lessons for Africa, the West and China," MPRA Paper 65304, University Library of Munich, Germany.
    56. Demachi, Kazue, 2013. "Capital Flight and Transfer from Resource-Rich Developing Countries," MPRA Paper 50273, University Library of Munich, Germany.
    57. Hermes, Niels & Lensink, Robert, 2014. "Financial liberalization and capital flight," Research Report 14031-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).

  3. James Heintz & Léonce Ndikumana, 2011. "Is There a Case for Formal Inflation Targeting in Sub-Saharan Africa?-super- 1," Journal of African Economies, Centre for the Study of African Economies, vol. 20(suppl_2), pages -103, May.

    Cited by:

    1. Ulrich Volz, 2015. "On the Future of Inflation Targeting in East Asia," Review of Development Economics, Wiley Blackwell, vol. 19(3), pages 638-652, August.
    2. Christian P Pinshi, 2022. "Ciblage des prévisions d'inflation : Un nouveau cadre pour la politique monétaire ?," Working Papers hal-03548273, HAL.
    3. Emerson Abraham JACKSON & Mohamed JABBİE & Edmund TAMUKE & Augustine NGOMBU, 2020. "Adoption of Inflation Targeting in Sierra Leone: An Empirical Discourse," Journal of Economic Policy Researches, Istanbul University, Faculty of Economics, vol. 7(2), pages 21-50, July.
    4. Kassouri, Yacouba, 2024. "The labor market impact of inflation uncertainty: Evidence from Sub-Saharan Africa," International Review of Economics & Finance, Elsevier, vol. 89(PA), pages 1514-1528.
    5. Ashwin Madhou & Tayushma Sewak & Imad Moosa & Vikash Ramiah & Florian Gerth, 2021. "Towards Full-Fledged Inflation Targeting Monetary Policy Regime in Mauritius," JRFM, MDPI, vol. 14(3), pages 1-18, March.
    6. Seleteng, Monaheng & Bittencourt, Manoel & van Eyden, Reneé, 2013. "Non-linearities in inflation–growth nexus in the SADC region: A panel smooth transition regression approach," Economic Modelling, Elsevier, vol. 30(C), pages 149-156.
    7. Ekpeno L. Effiong & Godwin E. Esu & Chuku Chuku, 2020. "Financial development and monetary policy effectiveness in Africa," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 22(1), pages 160-181, June.
    8. Audi, Marc & Ali, Amjad, 2022. "Public policy and economic misery nexus: a comparative analysis of developed and developing world," MPRA Paper 115031, University Library of Munich, Germany.
    9. Elissa Braunstein, 2013. "Central bank policy and gender," Chapters, in: Deborah M. Figart & Tonia L. Warnecke (ed.), Handbook of Research on Gender and Economic Life, chapter 21, pages 345-358, Edward Elgar Publishing.
    10. Nell, Kevin, 2023. "Inflation and growth in developing economies: A tribute to Professor Thirlwall," MPRA Paper 118757, University Library of Munich, Germany, revised 01 Sep 2023.
    11. Njindan Iyke, Bernard & Ho, Sin-Yu, 2018. "Inflation, Inflation Uncertainty, and Growth: Evidence from Ghana," MPRA Paper 85191, University Library of Munich, Germany.
    12. SENBATA, Sisay Regassa, 2011. "How applicable are the new Keynesian DSGE models to a typical low-income economy?," Working Papers 2011016, University of Antwerp, Faculty of Business and Economics.
    13. Roseline Nyakerario Misati & Esman Morekwa Nyamongo & Lucas Kamau Njoroge & Sheila Kaminchia, 2012. "Feasibility of inflation targeting in an emerging market: evidence from Kenya," Journal of Financial Economic Policy, Emerald Group Publishing Limited, vol. 4(2), pages 146-159, May.
    14. Zorobabel Bicaba & Zuzana Brixiova & Mthuli Ncube, 2016. "Eliminating Extreme Poverty in Africa: Trends, Policies and the Role of International Organizations," SALDRU Working Papers 170, Southern Africa Labour and Development Research Unit, University of Cape Town.
    15. AfDB AfDB, . "African Development Report 2015 - Growth, Poverty and Inequality Nexus: Overcoming Barriers to Sustainable Development," African Development Report, African Development Bank, number 2342, August.
    16. PINSHI, Christian P., 2022. "Inflation-Forecast Targeting: A New Framework for Monetary Policy?," MPRA Paper 111709, University Library of Munich, Germany.
    17. Stephanie Seguino & Maureen Were, 2014. "Gendered Perspectives on Economic Growth and Development in Sub-Saharan Africa," WIDER Working Paper Series wp-2014-056, World Institute for Development Economic Research (UNU-WIDER).
    18. Bernard Njindan Iyke & Sin-Yu Ho, 2020. "The effects of transitory and permanent inflation uncertainty on investment in Ghana," Economic Change and Restructuring, Springer, vol. 53(1), pages 195-217, February.

  4. Kasekende Louis & Brixova Zuzana & Ndikumana Leonce, 2010. "Africa: Africa's Counter-Cyclical Policy Responses to the Crisis," Journal of Globalization and Development, De Gruyter, vol. 1(1), pages 1-22, January.

    Cited by:

    1. Fofack, Hippolyte, 2012. "Accounting for gender production from a growth accounting framework in Sub-Saharan Africa," Policy Research Working Paper Series 6153, The World Bank.
    2. Léonce Ndikumana & Zuzana Brixiova & Kaouther Abderrahim, 2010. "Working Paper 117 - Supporting Africa's Post-Crisis Growth: The Role of Macroeconomic Policies," Working Paper Series 254, African Development Bank.
    3. Ngomba Bodi, Francis Ghislain, 2022. "External constraint and procyclicality of monetary policy of the Bank of Central African States (BEAC)," MPRA Paper 116375, University Library of Munich, Germany.
    4. Zuzana Brixiová & Mthuli Ncube & Zorobabel Bicaba, 2014. "Skills and Youth Entrepreneurship in Africa: Analysis with evidence from Swaziland," WIDER Working Paper Series wp-2014-131, World Institute for Development Economic Research (UNU-WIDER).
    5. Mina Baliamoune-Lutz, 2012. "Do Institutions And Social Cohesion Enhance The Effectiveness Of Aid? New Evidence From Africa," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 3(01), pages 1-19.
    6. Cesar Calderon & Sebastien Boreux, 2016. "Citius, Altius, Fortius: Is Growth in Sub-Saharan Africa More Resilient?," Journal of African Economies, Centre for the Study of African Economies, vol. 25(4), pages 502-528.
    7. Mthuli Ncube & Zuzana Brixiov??, 2013. "Public Debt Sustainability in Africa: Building Resilience and Challenges Ahead," William Davidson Institute Working Papers Series wp1053, William Davidson Institute at the University of Michigan.
    8. Albert Mafusire & Zuzana Brixiova, 2013. "Macroeconomic Shock Synchronization in the East African Community," Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 13(2), pages 261-280, June.
    9. M. Zharikov & М. Жариков, 2018. "Инструменты реформы мировой валютной системы: интернационализация валют стран БРИКС // The Instruments to Reform the World System of Currencies: Internationalising the Currencies of the BRICS," Review of Business and Economics Studies // Review of Business and Economics Studies, Финансовый Университет // Financial University, vol. 6(3), pages 19-28.
    10. Itchoko Motande Mondjeli Mwa Ndjokou and Christophe Martial Mbassi, 2018. "Does Financial Development Explain the Cyclicality of Monetary Policy in Sub-saharan Africa?," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 43(4), pages 71-84, December.
    11. M. Zharikov & М. Жариков В., 2018. "Российский рубль в региональной и глобальной динамике // The Russian Rouble in the Regional and Global Dynamics," Review of Business and Economics Studies // Review of Business and Economics Studies, Финансовый Университет // Financial University, vol. 6(4), pages 6-17.
    12. James Heintz & Léonce Ndikumana, 2010. "Is There a Case for Formal Inflation Targeting in Sub-Saharan Africa?," Working Papers wp218, Political Economy Research Institute, University of Massachusetts at Amherst.
    13. M. Zharikov & М. Жариков, 2019. "Москва как новый офшорный центр юаня // Moscow to be a New Offshore Centre of the Yuan," Review of Business and Economics Studies // Review of Business and Economics Studies, Финансовый Университет // Financial University, vol. 7(1), pages 6-18.
    14. Pedro Conceição & Sebastian Levine, "undated". "The African Moment: On the Brink of a Development Breakthrough," UNDP Africa Policy Notes 2011-001, United Nations Development Programme, Regional Bureau for Africa.
    15. Mthuli Ncube & Zuzana Brixiova, 2015. "Working Paper 227 - Public Debt Sustainability in Africa: Building Resilience and Challenges Ahead," Working Paper Series 2170, African Development Bank.
    16. Albert Mafusire & Zuzana Brixiova, 2012. "Working Paper 156 - Macroeconomic Shock Synchronization in the East African Community," Working Paper Series 409, African Development Bank.
    17. Isaac Khambule, 2021. "COVID-19 and the Counter-cyclical Role of the State in South Africa," Progress in Development Studies, , vol. 21(4), pages 380-396, October.
    18. Zorobabel Bicaba & Zuzana Brixiova & Mthuli Ncube, 2015. "Working Paper - 217 - Capital Account Policies, IMF Programs and Growth in Developing Regions," Working Paper Series 2155, African Development Bank.
    19. Mawejje Joseph & Odhiambo Nicholas M., 2020. "Fiscal Reforms and Deficits in Tanzania: An Exploratory Review," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 30(1), pages 57-75, March.
    20. Ashford C. Chea, 2015. "The Euro Zone Economic Crisis and Sub-Saharan Africa¡¯s Real Economy: Analysis and the Way Forward," Business and Economic Research, Macrothink Institute, vol. 5(2), pages 256-269, December.
    21. Akyeampong, Emmanuel & Fofack, Hippolyte, 2012. "The contribution of African women to economic growth and development : historical perspectives and policy implications -- Part I : the pre-colonial and colonial periods," Policy Research Working Paper Series 6051, The World Bank.
    22. Mikhail V. Zharikov, 2022. "The Model of a Shared Interest Rate for a Group of Countries to Circulate a Digital Currency: Featuring the BRICS," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 11(2), pages 187-208.
    23. Maswana, Jean-Claude, 2010. "The Global Financial Crisis and Recession," Working Papers 15, JICA Research Institute.
    24. Ilene Grabel, 2013. "The Rebranding of Capital Controls in an Era of Productive Incoherence," Working Papers wp318, Political Economy Research Institute, University of Massachusetts at Amherst.
    25. Ronald Mendoza & Ronald, 2010. "Inclusive Crises, Exclusive Recoveries, and Policies to Prevent a Double Whammy for the Poor," Working papers 1004, UNICEF,Division of Policy and Strategy.
    26. Nissanke, Machiko, 2019. "Exploring macroeconomic frameworks conducive to structural transformation of sub-Saharan African economies," Structural Change and Economic Dynamics, Elsevier, vol. 48(C), pages 103-116.
    27. Léonce Ndikumana, 2013. "The Private Sector as Culprit and Victim of Corruption in Africa," Working Papers wp330, Political Economy Research Institute, University of Massachusetts at Amherst.
    28. Bicaba, Zorobabel & Brixiova Schwidrowski, Zuzana & Ncube, Mthuli, 2015. "Capital Account Policies, IMF Programs and Growth in Developing Regions," IZA Discussion Papers 8774, Institute of Labor Economics (IZA).

  5. Leonce Ndikumana, 2008. "Can macroeconomic policy stimulate private investment in South Africa? New insights from aggregate and manufacturing sector-level evidence," Journal of International Development, John Wiley & Sons, Ltd., vol. 20(7), pages 869-887.
    See citations under working paper version above.
  6. Ndikumana, Leonce, 2005. "Financial development, financial structure, and domestic investment: International evidence," Journal of International Money and Finance, Elsevier, vol. 24(4), pages 651-673, June.
    See citations under working paper version above.
  7. Ndikumana, Leonce, 2004. "Additionality of debt relief and debt forgiveness, and implications for future volumes of official assistance," International Review of Economics & Finance, Elsevier, vol. 13(3), pages 325-340.
    See citations under working paper version above.
  8. Augustin Kwasi Fosu & Pramila Krishnan & Leonce Ndikumana, 2004. "Africa and the World Economy: A Focus on Capital -- An Overview," Journal of African Economies, Centre for the Study of African Economies, vol. 13(02), pages 1-14, December.

    Cited by:

    1. Sushanta Mallick & Tomoe Moore, 2007. "Foreign Capital in a Growth Model," Working Papers 5, Queen Mary, University of London, School of Business and Management, Centre for Globalisation Research.
    2. Husam Rjoub & Mehmet Aga & Ahmad Abu Alrub & Murad Bein, 2017. "Financial Reforms and Determinants of FDI: Evidence from Landlocked Countries in Sub-Saharan Africa," Economies, MDPI, vol. 5(1), pages 1-12, January.
    3. Abegaz, Berhanu, 2005. "Multilateral development aid for Africa," Economic Systems, Elsevier, vol. 29(4), pages 433-454, December.

  9. Ndikumana, Leonce & Boyce, James K., 2003. "Public Debts and Private Assets: Explaining Capital Flight from Sub-Saharan African Countries," World Development, Elsevier, vol. 31(1), pages 107-130, January.
    See citations under working paper version above.
  10. J. K. Boyce & L. Ndikumana, 2001. "Is Africa a Net Creditor? New Estimates of Capital Flight from Severely Indebted Sub-Saharan African Countries, 1970-96," Journal of Development Studies, Taylor & Francis Journals, vol. 38(2), pages 27-56.

    Cited by:

    1. Uchenna Efobi & Simplice A. Asongu, 2015. "How Terrorism Explains Capital Flight from Africa," Research Africa Network Working Papers 15/034, Research Africa Network (RAN).
    2. Léonce Ndikumana, 2002. "Public Debts and Private Assets:Explaining Capital Flight from Sub-Saharan African Countries," Working Papers wp32, Political Economy Research Institute, University of Massachusetts at Amherst.
    3. Beja, Edsel Jr., 2009. "Things are different when you open up: Economic openness, domestic economy, and income," MPRA Paper 16552, University Library of Munich, Germany, revised 01 Aug 2009.
    4. Mercy W. Mwangi & Amos G. Njuguna & George O. Achoki, 2019. "Relationship between corruption and capital flight in Kenya: 1998-2018," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 8(5), pages 237-250, September.
    5. Simplice A. Asongu, 2014. "Knowledge Economy and Financial Sector Competition in African Countries," Research Africa Network Working Papers 14/006, Research Africa Network (RAN).
    6. Simplice A. Asongu, 2014. "On taxation, political accountability and foreign aid: empirics to a celebrated literature," Research Africa Network Working Papers 14/017, Research Africa Network (RAN).
    7. Asongu, Simplice & Jellal, Mohamed, 2014. "Foreign aid, investment and fiscal policy behavior: theory and empirical evidence," MPRA Paper 64460, University Library of Munich, Germany.
    8. Asongu Simplice & Nguena Christian, 2014. "Equitable and Sustainable Development of Foreign Land Acquisitions: what have we learnt on policy syndromes and implications?," Working Papers of the African Governance and Development Institute. 14/001, African Governance and Development Institute..
    9. Simplice Asongu & Joseph Amankwah-Amoah, 2017. "Mitigating capital flight through military expenditure: insight from 37 African countries," Working Papers of the African Governance and Development Institute. 17/029, African Governance and Development Institute..
    10. Blackburn, Keith & Forgues-Puccio, Gonzalo F., 2010. "Financial liberalization, bureaucratic corruption and economic development," Journal of International Money and Finance, Elsevier, vol. 29(7), pages 1321-1339, November.
    11. Alice Sindzingre, 2003. "Liberalisation, Multilateral Institutions and Public Policies : The Issue of Sovereignty In Sub-Saharan Africa," Mondes en développement, De Boeck Université, vol. 123(3), pages 23-56.
    12. Simplice A. Asongu & Joseph Nnanna, 2020. "Governance and the Capital Flight Trap in Africa," Working Papers of the African Governance and Development Institute. 20/024, African Governance and Development Institute..
    13. Mehrotra, Rahul & Carbonnier, Gilles, 2021. "Abnormal pricing in international commodity trade: Empirical evidence from Switzerland," Resources Policy, Elsevier, vol. 74(C).
    14. Epstein, Gerald., 2009. "Rethinking monetary and financial policy : practical suggestions for monitoring financial stability while generating employment and poverty reduction," ILO Working Papers 994344393402676, International Labour Organization.
    15. Dalgaard, Carl-Johan & Erickson, Lennart, 2009. "Reasonable Expectations and the First Millennium Development Goal: How Much Can Aid Achieve?," World Development, Elsevier, vol. 37(7), pages 1170-1181, July.
    16. Kouakou Jean Claude Brou & M. Thiam, 2023. "External debt and capital flight in sub-Saharan Africa: The role of institutions [Dette extérieure et fuite des capitaux en Afrique subsaharienne : Le rôle des institutions]," Post-Print hal-04540643, HAL.
    17. Simplice Asongu & Christian Nguena, 2014. "Equitable and Sustainable Development of Foreign Land Acquisitions: Lessons, Policies and Implications," Working Papers of the African Governance and Development Institute. 14/038, African Governance and Development Institute..
    18. Neeman, Zvika & Paserman, Daniele & Simhon, Avi, 2003. "Corruption And Openness," Discussion Papers 14977, Hebrew University of Jerusalem, Department of Agricultural Economics and Management.
    19. Cheung, Yin-Wong & Steinkamp, Sven & Westermann, Frank, 2016. "China's capital flight: Pre- and post-crisis experiences," Journal of International Money and Finance, Elsevier, vol. 66(C), pages 88-112.
    20. NGUENA Christian-Lambert, 2014. "External Debt Origin, Capital Flight and Poverty Reduction in the Franc Zone: Does the Economic Consequences of Sino-African Relationship matter?," Working Papers of the African Governance and Development Institute. 14/016, African Governance and Development Institute..
    21. Simplice A. Asongu, 2017. "Knowledge Economy Gaps, Policy Syndromes, and Catch-Up Strategies: Fresh South Korean Lessons to Africa," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(1), pages 211-253, March.
    22. Yalta, A. Yasemin & Yalta, A. Talha, 2012. "Does financial liberalization decrease capital flight? A panel causality analysis," International Review of Economics & Finance, Elsevier, vol. 22(1), pages 92-100.
    23. Ding, Ding & Jinjarak, Yothin, 2012. "Development threshold, capital flows, and financial turbulence," The North American Journal of Economics and Finance, Elsevier, vol. 23(3), pages 365-385.
    24. Simplice A. Asongu, 2014. "Fighting African Capital Flight: Empirics on Benchmarking Policy Harmonization," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 93-122, June.
    25. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Transfer Pricing and Corporate Social Responsibility: Arguments, Views and Agenda," MPRA Paper 101097, University Library of Munich, Germany.
    26. Uchenna, Efobi & Asongu, Simplice, 2016. "Terrorism and Capital Flight from Africa," MPRA Paper 74651, University Library of Munich, Germany.
    27. Jean Claude Kouakou Brou & Mamadou Thiam, 2023. "External debt and capital flight in sub-Saharan Africa: The role of institutions," Economics Bulletin, AccessEcon, vol. 43(4), pages 1642-1655.
    28. Simplice Asongu & Jacinta C. Nwachukwu, 2016. "Transfer Mispricing as an Argument for Corporate Social Responsibility," Working Papers of the African Governance and Development Institute. 16/031, African Governance and Development Institute..
    29. Yin-Wong Cheung & Xingwang Qian, 2010. "Capital Flight: China's Experience," CESifo Working Paper Series 2931, CESifo.
    30. Aman, Moustapha & Nenovsky, Nikolay, 2015. "Stabilité du Currency Board et fuite des capitaux. Modèle théorique et application empirique au cas de Djibouti [Currency Board stability and capital flight. Theoretical model and empirical applica," MPRA Paper 93540, University Library of Munich, Germany, revised 2018.
    31. Asongu, Simplice & Amankwah-Amoah, Joseph, 2016. "Military expenditure, terrorism and capital flight: Insights from Africa," MPRA Paper 74230, University Library of Munich, Germany.
    32. Asongu, Simplice & Batuo, Enowbi & Tchamyou, Vanessa, 2015. "Bundling Governance: Finance versus Institutions in Private Investment Promotion," MPRA Paper 71170, University Library of Munich, Germany.
    33. Olubanjo Taiwo Ajilore & D.O. Elumilade, 2007. "Does Corruption Matter For Nigeria Long Run Growth: Evidence From Cointegration Analyses And Causality Tests?," The International Journal of Business and Finance Research, The Institute for Business and Finance Research, vol. 1(2), pages 69-79.
    34. Hajer Dachraoui & Mounir Smida & Maamar Sebri, 2020. "Role of capital flight as a driver of sovereign bond spreads in Latin American countries," International Economics, CEPII research center, issue 162, pages 15-33.
    35. Letete Emmanuel & Sarr Mare, 2017. "Working Paper 275 - Illicit Financial Flows and Political Institutions in Kenya," Working Paper Series 2392, African Development Bank.
    36. Simplice Asongu, 2015. "Addressing a Root Cause of Sub Saharan Africa’s Poverty Tragedy: Horizons for post-2015 Common Capital Flight Policies," Working Papers of the African Governance and Development Institute. 15/048, African Governance and Development Institute..
    37. Joshua Aizenman & Ilan Noy, 2004. "Endogenous Financial and Trade Openness: Political Economy Considerations," Economics Study Area Working Papers 72, East-West Center, Economics Study Area, revised Sep 2004.
    38. Simplice A. Asongu & Joseph Nnanna & Vanessa S. Tchamyou, 2020. "Finance, Institutions and Private Investment in Africa," Working Papers of the African Governance and Development Institute. 20/080, African Governance and Development Institute..
    39. Simplice A. Asongu, 2015. "Addressing a Root Cause of Sub Saharan Africa’s Poverty Tragedy: Horizons for post-2015 Common Capital Flight Policies," Research Africa Network Working Papers 15/048, Research Africa Network (RAN).
    40. NGUENA Christian-Lambert & NANFOSSO Roger, 2014. "Macroeconomic Factors and Dynamics of Financial Deepening: An empirical Investigation applied to the CEMAC Sub-region," Working Papers of the African Governance and Development Institute. 14/015, African Governance and Development Institute..
    41. Liew, Siew-Ling, 2016. "Review on Determinants of Capital Flight," MPRA Paper 70445, University Library of Munich, Germany.
    42. Seung-Gwang Baek & Doo Yong Yang, 2010. "Institutional Quality, Captal Flight and Capital Flows," Korean Economic Review, Korean Economic Association, vol. 26, pages 121-155.
    43. Simplice A. Asongu & Rexon T. Nting & Evans S. Osabuohien, 2019. "One bad turn deserves another: how terrorism sustains the addiction to capital flight in Africa," Working Papers 19/015, European Xtramile Centre of African Studies (EXCAS).
    44. Asongu, Simplice, 2015. "The Comparative Economics of Knowledge Economy in Africa: Policy Benchmarks, Syndromes and Implications," MPRA Paper 67857, University Library of Munich, Germany.
    45. Sadik, Ali T. & Bolbol, Ali A., 2003. "Arab External Investments: Relation to National Wealth, Estimation, and Consequences," World Development, Elsevier, vol. 31(11), pages 1771-1792, November.
    46. Simplice A. Asongu & Vanessa S. Tchamyou & Paul N. Acha-Anyi, 2017. "Who is Who in Knowledge Economy in Africa?," Research Africa Network Working Papers 17/043, Research Africa Network (RAN).
    47. Christian Lambert Nguena & Roger Tsafack Nanfosso, 2013. "Financial Deepening Dynamics and Implication for Financial Policy Coordination in a Monetary Union: the case of WAEMU," AAYE Policy Research Working Paper Series 13_005, Association of African Young Economists, revised Nov 2013.
    48. Thales Pacific Yapatake Kossele & Mom Aloysius Njong, 2020. "Capital flight and diamond exports in the Central African Republic: The role of political governance crisis," African Development Review, African Development Bank, vol. 32(3), pages 362-374, September.
    49. Asongu, Simplice & Nwachukwu, Jacinta, 2016. "Fighting Capital Flight in Africa: Evidence from Bundling and Unbundling Governance," MPRA Paper 77309, University Library of Munich, Germany.
    50. lahlou, kamal & Mossadak, Anas, 2013. "Empirical Investigation on the Illicit Financial Flows from Mena Region," MPRA Paper 98020, University Library of Munich, Germany.
    51. Ila Patnaik & Abhijit Sen Gupta & Ajay Shah, 2012. "Determinants of Trade Misinvoicing," Open Economies Review, Springer, vol. 23(5), pages 891-910, November.
    52. Daniel Dujava & Maria Siranova, 2017. "Getting the Measures of Trade Misinvoicing Right: Bilateral Panel Data Approach," Working Papers wp98, Institute of Economic Research, Slovak Academy of Sciences, revised 20 Dec 2017.
    53. Asongu, Simplice & Uduji, Joseph & Okolo-Obasi, Elda, 2019. "Fighting African Capital Flight: Trajectories, Dynamics and Tendencies," MPRA Paper 102034, University Library of Munich, Germany.
    54. Ratha, Dilip & Mohapatra, Sanket & Plaza, Sonia, 2008. "Beyond aid : new sources and innovative mechanisms for financing development in Sub-Saharan Africa," Policy Research Working Paper Series 4609, The World Bank.
    55. Simplice Anutechia Asongu, 2014. "The Evolving Debate on the Effect of Foreign Aid on Corruption and Institutions in Africa," AAYE Policy Research Working Paper Series 14_021, Association of African Young Economists, revised Nov 2014.
    56. Blackburn, Keith & Forgues-Puccio, Gonzalo F., 2006. "Financial Liberalisation, Bureaucratic Corruption and Economic," Proceedings of the German Development Economics Conference, Berlin 2006 8, Verein für Socialpolitik, Research Committee Development Economics.
    57. Joshua Aizenman, 2003. "On the Hidden Links Between Financial and Trade Opening," NBER Working Papers 9906, National Bureau of Economic Research, Inc.
    58. Pacific K. T. Yapatake & Gabriella M-A. M Ngaba, 2019. "Capital Flight and Extent of Corruption control in the Least Corrupt African Countries: An Empirical assessment," CEREDEC Working Papers 19/002, Centre de Recherche pour le Développement Economique (CEREDEC).
    59. Valerie Cerra & Meenakshi Rishi & Sweta Saxena, 2008. "Robbing the Riches: Capital Flight, Institutions and Debt," Journal of Development Studies, Taylor & Francis Journals, vol. 44(8), pages 1190-1213.
    60. Beja Jr., Edsel L., 2007. "Brothers in distress: Revolving capital flows of Indonesia, Malaysia, and Thailand," Journal of Asian Economics, Elsevier, vol. 18(6), pages 904-914, December.
    61. Anthony Orji & Kenneth Kama & Jonathan E. Ogbuabor & Onyinye I. Anthony-Orji & Ozoemena Stanley Nwodo, 2022. "Domestic Investment and Capital Flight Nexus in Nigeria: Empirical Evidence from New Data Set," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 176-192.
    62. Janus, Thorsten, 2024. "Does export underreporting contribute to the resource curse?," World Development, Elsevier, vol. 181(C).
    63. Dyendelayi, Isaac, 2000. "Analyse de Fuite des Capitaux en Afrique Subsaharienne : Cas de la République Démocratique du Congo (2000 – 2018) [Analysis of Capital Flight in Sub-Saharan Africa: Case of Democratic Republic of C," MPRA Paper 110335, University Library of Munich, Germany, revised 31 Dec 2018.
    64. Pritish Behuria, 2019. "African development and the marginalisation of domestic capitalists," Global Development Institute Working Paper Series esid-115-19, GDI, The University of Manchester.
    65. Cheung, Yin-Wong & Steinkamp, Sven & Westermann, Frank, 2020. "Capital flight to Germany: Two alternative measures," Journal of International Money and Finance, Elsevier, vol. 102(C).
    66. James Boyce & Léonce Ndikumana, 2008. "New Estimates of Capital Flight from Sub-Saharan African Countries: Linkages with External Borrowing and Policy Options," Working Papers wp166, Political Economy Research Institute, University of Massachusetts at Amherst.
    67. Dachraoui, Hajer & Sebri, Maamar, 2020. "Tunisia, natural resources, and capital flight," EconStor Preprints 218970, ZBW - Leibniz Information Centre for Economics.
    68. Kazue Demachi, 2014. "Capital flight from resource rich developing countries," Economics Bulletin, AccessEcon, vol. 34(2), pages 734-744.
    69. Nnaemeka N. Obasi, 2015. "The Impact of Transfer Pricing on Economic Growth in Nigeria," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 5(12), pages 127-138, December.
    70. Dachraoui, Hajer & Smida, Mounir, 2014. "La Mesure de la Fuite des Capitaux et son Impact sur l’Investissement Domestique : Cas des Pays Émergents [Measurement of capital flight and its impact on domestic investment in emerging countries]," MPRA Paper 62740, University Library of Munich, Germany.
    71. Chokri Zehri, 2017. "The Relaxing of Capital Controls and Rise of External Debt," American Journal of Economics and Business Administration, Science Publications, vol. 9(4), pages 61-70, December.
    72. Christian Lambert Nguena & Roger Tsafack Nanfosso, 2013. "What Drives and Limits Financial Deepening Dynamics? Fresh Empirical-based Policy Lessons for African Sub-Regions," AAYE Policy Research Working Paper Series 13_003, Association of African Young Economists, revised Nov 2013.
    73. Dujava, Daniel & Siranova, Maria, 2022. "Is it me or you? A deeper insight into profile of misreporting economies," The Quarterly Review of Economics and Finance, Elsevier, vol. 83(C), pages 10-25.
    74. Niels Hermes & Robert Lensink & Victor Murinde, 2002. "Flight Capital and its Reversal for Development Financing," WIDER Working Paper Series DP2002-99, World Institute for Development Economic Research (UNU-WIDER).
    75. Fofack, Hippolyte, 2009. "Causality between external debt and capital flight in Sub-Saharan Africa," Policy Research Working Paper Series 5042, The World Bank.
    76. Léonce Ndikumana, 2002. "Additionality of Debt Relief and Debt Forgiveness, and Implications for Future Volumes of Official Assistance," WIDER Working Paper Series DP2002-97, World Institute for Development Economic Research (UNU-WIDER).
    77. Mohamed Ali Marouani & Marc Raffinot, 2004. "Perspectives on growth and poverty reduction in Mali," Working Papers DT/2004/05, DIAL (Développement, Institutions et Mondialisation).
    78. Heydari, Hassan & Jariani, Farzaneh, 2020. "Analyzing Effective Factors of Capital Outflow from the Middle East and North African Countries (MENA)," MPRA Paper 104547, University Library of Munich, Germany.
    79. Jozef Pacolet & Joris Vanormelingen, 2015. "Illicit Financial Flows: concepts and first macro estimates for Belgium and its 18 preferred partner countries," BeFinD Working Papers 0110, University of Namur, Department of Economics.
    80. Hajer Dachraoui & Maamar Sebri & Mahmoud M. A. Dwedar, 2021. "Natural Resources and Illicit Financial Flows from BRICS Countries," Biophysical Economics and Resource Quality, Springer, vol. 6(1), pages 1-13, March.
    81. Léonce Ndikumana, 2013. "The Private Sector as Culprit and Victim of Corruption in Africa," Working Papers wp330, Political Economy Research Institute, University of Massachusetts at Amherst.
    82. Demachi, Kazue, 2013. "Capital Flight and Transfer from Resource-Rich Developing Countries," MPRA Paper 50273, University Library of Munich, Germany.
    83. Hermes, Niels & Lensink, Robert, 2014. "Financial liberalization and capital flight," Research Report 14031-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    84. Sini, Snow & Abdul-Rahim, A.S. & Chin, Lee & Said, Rusmawati & Sulaiman, Chindo, 2022. "Natural resources’ impact on capital flow and conflict relationship in Africa: A novel insight from GMM and quantile regression," Resources Policy, Elsevier, vol. 78(C).
    85. us Swaleheen, Mushfiq, 2008. "Corruption and saving in a panel of countries," Journal of Macroeconomics, Elsevier, vol. 30(3), pages 1285-1301, September.
    86. Usman, Francis Robert & Arene, Chukwuemeka John, 2014. "Effects of Capital Flight and Its Macroeconomic Determinants in Agricultural Growth in Nigeria (1970-2013)," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 2(4), pages 1-20, October.
    87. Désiré Avom & Louis de Berquin Eyike Mbongo, 2020. "La diffusion des TIC ameliore‐t‐elle qualitativement les institutions politiques en Afrique?," African Development Review, African Development Bank, vol. 32(3), pages 419-431, September.

  11. Ndikumana, Leonce, 2000. "Financial Determinants of Domestic Investment in Sub-Saharan Africa: Evidence from Panel Data," World Development, Elsevier, vol. 28(2), pages 381-400, February.

    Cited by:

    1. Abbas, Aadil & Masih, Mansur, 2017. "Which investment (private or public) does contribute to economic growth more? a case study of South Africa," MPRA Paper 108919, University Library of Munich, Germany.
    2. Samuel Kwaku Agyei, 2017. "Explaining public investment dynamics in Sub-Saharan Africa: The role of country governance structures," Cogent Economics & Finance, Taylor & Francis Journals, vol. 5(1), pages 1323987-132, January.
    3. Simplice Anutechia Asongu, 2014. "Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa," AAYE Policy Research Working Paper Series 14_016, Association of African Young Economists, revised Sep 2014.
    4. Siagne, Youssouha Sakrya, 2020. "Improving business environment: a key to unlock investment: evidence from manufacturing firms in Senegal," MPRA Paper 115085, University Library of Munich, Germany.
    5. Simplice A. Asongu, 2014. "Knowledge Economy and Financial Sector Competition in African Countries," Research Africa Network Working Papers 14/006, Research Africa Network (RAN).
    6. Jennifer Tobin & Susan Rose-Ackerman, 2003. "Foreign Direct Investment and the Business Environment in Developing Countries: the Impact of Bilateral Investment Treaties," William Davidson Institute Working Papers Series 587, William Davidson Institute at the University of Michigan.
    7. Akanbi, Olusegun A, 2016. "Macro and institutional determinants of domestic investment in Sub-Saharan African countries," Working Papers 20163, University of South Africa, Department of Economics.
    8. Muyambiri, Brian & Odhiambo, Nicholas Mbaya, 2017. "South Africa's financial development and its role in investment," Working Papers 22084, University of South Africa, Department of Economics.
    9. Asongu Simplice, 2013. "Liberalization and financial sector competition: a critical contribution to the empirics with an African assessment," Working Papers of the African Governance and Development Institute. 13/031, African Governance and Development Institute..
    10. Malebogo Bakwena & Philip Bodman & Sandy Suardi, "undated". "Making Abundant Natural Resources Work for Developing Economies: The Role of Financial Institutions," MRG Discussion Paper Series 2108, School of Economics, University of Queensland, Australia.
    11. Simplice A., Asongu, 2011. "Investment and inequality in Africa: which financial channels are good for the poor?," MPRA Paper 34990, University Library of Munich, Germany.
    12. Asongu, Simplice A, 2013. "The ‘Knowledge Economy’-finance nexus in SSA and MENA countries," MPRA Paper 47801, University Library of Munich, Germany, revised 15 Jun 2013.
    13. Léonce Ndikumana & James Boyce, 2000. "Is Africa a Net Creditor? New Estimates of Capital Flight from Severely Indebted Sub-Saharan African Countries, 1970-1996," Working Papers wp5, Political Economy Research Institute, University of Massachusetts at Amherst.
    14. Fatih Karanfil & Luc Désiré Omgba, 2023. "The energy transition and export diversification in oil-dependent countries: The role of structural factors," Post-Print hal-03987530, HAL.
    15. Simplice A. Asongu, 2013. "How has Mobile Phone Penetration Stimulated Financial Development in Africa?," Journal of African Business, Taylor & Francis Journals, vol. 14(1), pages 7-18, April.
    16. Kayode David Kolawole & Micheal Adebayo Ajayi & Abdulkareem Alhassan & Festus Victor Bekun & Gizem Uzuner, 2022. "Sustainable Energy Supply, Finance, and Domestic Investment Nexus in West Africa," Sustainability, MDPI, vol. 14(19), pages 1-11, September.
    17. Clement Olalekan Olaniyi, 2022. "On the transmission mechanisms in the finance–growth nexus in Southern African countries: Does institution matter?," Economic Change and Restructuring, Springer, vol. 55(1), pages 153-191, February.
    18. Senra Hodelin, Reynaldo, 2022. "Public banking and economic growth: The experiences of 10 countries since the 1950s until 2017," Economic Systems, Elsevier, vol. 46(1).
    19. Simplice A. Asongu, 2014. "Fighting African Capital Flight: Empirics on Benchmarking Policy Harmonization," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 11(1), pages 93-122, June.
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    Cited by:

    1. Özgür Orhangazi, 2007. "Financialization and Capital Accumulation in the Non-Financial Corporate Sector," Working Papers wp149, Political Economy Research Institute, University of Massachusetts at Amherst.
    2. Tori, Daniele & Onaran, Özlem, 2017. "Financialisation and Physical Investment: A global race to the bottom in accumulation?," Greenwich Papers in Political Economy 20981, University of Greenwich, Greenwich Political Economy Research Centre.
    3. Simplice Anutechia Asongu, 2014. "Fresh Patterns of Liberalization, Bank Return and Return Uncertainty in Africa," AAYE Policy Research Working Paper Series 14_016, Association of African Young Economists, revised Sep 2014.
    4. Bortz Pablo Gabriel & Michelena Gabriel & Toledo Fernando, 2018. "Foreign debt, conflicting claims and income policies in a Kaleckian model of growth and distribution," Journal of Globalization and Development, De Gruyter, vol. 9(1), pages 1-22, June.
    5. Christian Weller & Brooke Helppie, 2005. "Biting the hand that fed it: Did the stock market boom of the late 1990s impede investment in manufacturing?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 29(3), pages 359-381, September.
    6. LE HERON Edwin & MAROUANE Amine, 2015. "A history of contemporary post Keynesian SFC model," Cahiers du GREThA (2007-2019) 2015-15, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    7. Gennaro Zezza & Michalis Nikiforos, 2017. "Stock-flow Consistent Macroeconomic Models: A Survey," EcoMod2017 10762, EcoMod.
    8. Sébastien Charles, 2008. "Teaching Minsky's financial instability hypothesis: a manageable suggestion," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 31(1), pages 125-138, September.
    9. Espanol, Paula, 2006. "Why exporters can be financially constrained in a recently liberalised economy? A puzzle based on Argentinean firms during the 1990s," Proceedings of the German Development Economics Conference, Berlin 2006 7, Verein für Socialpolitik, Research Committee Development Economics.
    10. Eckhard Hein & Till van Treeck, 2008. "'Financialisation' in Post-Keynesian models of distribution and growth - a systematic review," IMK Working Paper 10-2008, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    11. Engelbert Stockhammer & Giorgos Gouzoulis & Rob Calvert Jump, 2019. "Debt-driven business cycles in historical perspective: The cases of the USA (1889-2015) and UK (1882-2010)," Working Papers PKWP1907, Post Keynesian Economics Society (PKES).
    12. Engelbert Stockhammer & Giorgos Gouzoulis, 2023. "Debt-GDP cycles in historical perspective: the case of the USA (1889–2014)," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 32(2), pages 317-335.
    13. Hein, Eckhard & Schoder, Christian, 2009. "Interest rates, distribution and capital accumulation: A Post-Kaleckian perspective on the US and Germany," IPE Working Papers 04/2009, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    14. Marc Lavoie & Wynne Godley, 2000. "Kaleckian Models of Growth in a Stock-Flow Monetary Framework: A Neo-Kaldorian Model," Economics Working Paper Archive wp_302, Levy Economics Institute.
    15. Daniel Detzer & Eckhard Hein, 2014. "Financialisation and the Financial and Economic Crises: The Case of Germany," FESSUD studies fstudy18, Financialisation, Economy, Society & Sustainable Development (FESSUD) Project.
    16. Soon Ryoo & Peter Skott, 2008. "Financialization in Kaleckian economies with and without labor constraints," UMASS Amherst Economics Working Papers 2008-05, University of Massachusetts Amherst, Department of Economics.
    17. Charles, Sébastien, 2009. "Explaining persistent cycles in a short-run context: firms’ propensity to invest and omnipotent shareholders," MPRA Paper 18520, University Library of Munich, Germany, revised 2009.
    18. Engelbert Stockhammer & Robert Calvert Jump & Karsten Kohler & Julian Cavallero, 2018. "Short and medium term financial-real cycles: An empirical assessment," FMM Working Paper 29-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    19. Hiroshi Nishi, 2012. "On the Short-run Relationship between the Income Distribution- and Finance-Growth Regimes," Discussion papers e-12-001, Graduate School of Economics Project Center, Kyoto University.
    20. Roberto Veneziani & Naoki Yoshihara, 2017. "The theory of exploitation as the unequal exchange of labour," Working Papers 824, Queen Mary University of London, School of Economics and Finance.
    21. Matthew Greenwood-Nimmo & Artur Tarassow, 2013. "A Macroeconometric Assessment of Minsky’s Financial Instability Hypothesis," Macroeconomics and Finance Series 201306, University of Hamburg, Department of Socioeconomics.
    22. Eckhard Hein, 2010. "Shareholder Value Orientation, Distribution And Growth—Short‐ And Medium‐Run Effects In A Kaleckian Model," Metroeconomica, Wiley Blackwell, vol. 61(2), pages 302-332, May.
    23. Daniele Tori & Özlem Onaran, 2016. "The effects of financialization on investment: Evidence from firm-level data for the UK," Working Papers PKWP1601, Post Keynesian Economics Society (PKES).
    24. Jung Hoon Kim & Marc Lavoie, 2016. "A two-sector model with target-return pricing in a stock-flow consistent framework," Post-Print hal-01343733, HAL.
    25. Tori, Daniele & Onaran, Özlem, 2017. "The effects of financialisation and financial development on investment: evidence from firm-level data in Europe," Greenwich Papers in Political Economy 16089, University of Greenwich, Greenwich Political Economy Research Centre.
    26. James P. Gander, 2008. "Micro Empirical Results Of A Kaleckian‐Type Capital Accumulation Model Compared With Macro Results For Some European Economies," Metroeconomica, Wiley Blackwell, vol. 59(2), pages 160-172, May.
    27. Hiroaki Sasaki & Shinya Fujita, 2014. "Pro-shareholder income distribution, debt accumulation, and cyclical fluctuations in a post-Keynesian model with labor supply constraints," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 11(1), pages 10-30, April.
    28. Eckhard Hein, 2009. "A (Post-) Keynesian perspective on "financialisation"," IMK Studies 01-2009, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    29. Leila E. Davis, 2013. "Financialization and the nonfinancial corporation: an investigation of firmlevel investment behavior in the U.S., 1971-2011," UMASS Amherst Economics Working Papers 2013-08, University of Massachusetts Amherst, Department of Economics.
    30. Schoder, Christian, 2014. "Instability, stationary utilization and effective demand: A structuralist model of endogenous cycles," Structural Change and Economic Dynamics, Elsevier, vol. 30(C), pages 10-29.
    31. Tori, Daniele & Onaran, Özlem, 2018. "Financialisation, financial development, and investment: evidence from European non-financial corporations," Greenwich Papers in Political Economy 22196, University of Greenwich, Greenwich Political Economy Research Centre.
    32. Köhler, Karsten, 2016. "Currency devaluations, aggregate demand, and debt dynamics in an economy with foreign currency liabilities," IPE Working Papers 78/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    33. Yun K. Kim & Alan G. Isaac, 2017. "Firms’ Retention Behavior, Debt, and Macroeconomic Dynamics," Working Papers 2017_04, University of Massachusetts Boston, Economics Department.
    34. Parui, Pintu, 2020. "Corporate Debt, Rentiers' Portfolio Dynamics, Instability and Growth: A neo-Kaleckian Perspective," MPRA Paper 102870, University Library of Munich, Germany.
    35. Eckhard Hein, 2012. "The Macroeconomics of Finance-Dominated Capitalism – and its Crisis," Books, Edward Elgar Publishing, number 14931.
    36. Eckhard Hein & Carsten Ochsen, 2003. "Regimes of Interest Rates, Income Shares, Savings and Investment: A Kaleckian Model and Empirical Estimations for some Advanced OECD Economies," Metroeconomica, Wiley Blackwell, vol. 54(4), pages 404-433, November.
    37. Sasaki, Hiroaki & Mizutani, Aya, 2024. "Do the Economic Policies of Japan's "New Form of Capitalism" Create a Virtuous Cycle of Growth and Distribution?," MPRA Paper 121692, University Library of Munich, Germany.
    38. Elise Kremer & Bruno Tinel, 2022. "Contingent convertible bonds and macroeconomic stability in a stock‐flow consistent model," Metroeconomica, Wiley Blackwell, vol. 73(4), pages 1112-1154, November.
    39. Özgür Bayram SOYLU, 2020. "A simple model of developing countries: financing the current account deficit Abstract: A stock flow consistent model provides a monetary and financial framework to macroeconomics. It clearly shows th," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 11, pages 123-145, June.
    40. Behr Andreas, 2005. "Investment, Q and Liquidity / Investitionen, Q und Liquidität: Evidence for Germany Using Firm Level Balance Sheet Data / Empirische Ergebnisse auf Basis von Unternehmensdaten," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 225(1), pages 2-21, February.
    41. Orhangazi, Ozgur, 2007. "Financialization and Capital Accumulation in the Nonfinancial Corporate Sector: A Theoretical and Empirical Investigation on the US Economy, 1973-2004," MPRA Paper 7724, University Library of Munich, Germany.
    42. Sasaki, Hiroaki, 2024. "The Paradox of Technological Progress, Growth, Distribution, and Employment in a Demand-led Framework," MPRA Paper 121694, University Library of Munich, Germany.

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