African Development Review-Revue Africaine De Developpement最新文献

An Investigation of Economic Implications of Withdrawal of Alliance of Sahel States (AES) From ECOWAS 萨赫勒国家联盟（AES）退出西非经共体的经济影响调查

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-03-23 DOI: 10.1111/1467-8268.70051

Mamoudou Sebego, Idrissa M. Ouedraogo, Abiodun O. Folawewo

{"title":"An Investigation of Economic Implications of Withdrawal of Alliance of Sahel States (AES) From ECOWAS","authors":"Mamoudou Sebego, Idrissa M. Ouedraogo, Abiodun O. Folawewo","doi":"10.1111/1467-8268.70051","DOIUrl":"https://doi.org/10.1111/1467-8268.70051","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper investigates the potential economic implications of the withdrawal of Sahelian countries (Burkina Faso, Mali, and Niger), called the Alliance of Sahel States (AES), from the Economic Commission for West African States (ECOWAS). Specifically, the paper investigates the potential impact of the AES withdrawal on trade flows (exports and imports), economic growth, migrants' remittances, and tax revenue in the Sahel States and the ECOWAS. An impulse response function (IRF) analysis, inspired by Bernanke et al., is applied using a Factor-Augmented Vector Autoregressive (FAVAR) model, with annual data from 1980 to 2022. We find that a shock to ECOWAS intra-community total import would lead to a marginal decline in the tax revenue of Burkina Faso and Mali. Counterintuitively, a shock to ECOWAS intra-community exports would increase Mali's exports to the rest of ECOWAS. Moreover, trade diversion effects arising from the exit of the AES countries could increase exports for ECOWAS's three lead economies (Côte d'Ivoire, Ghana, and Nigeria). In this regard, AES countries should leverage the existing favorable trade dynamism with their respective neighboring countries (Cote d'Ivoire, Ghana, Senegal, Nigeria) through the development of bilateral cooperation initiatives and strengthen trade cooperation among them.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-03-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147615016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Off the Radar: Estimating the Size of the Shadow Economy in Tunisia 不为人知：估计突尼斯影子经济的规模

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-03-23 DOI: 10.1111/1467-8268.70053

Meriam Jerbi, Friedrich Schneider, Faouzi Abdennour

引用次数: 0

Appreciation to Article Reviewers 感谢文章审稿人

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-03-19 DOI: 10.1111/1467-8268.70054

引用次数: 0

Access to Clean Cooking Technologies in Africa: Do Taxes on International Trade Matter? 非洲获得清洁烹饪技术：国际贸易税收重要吗？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-03-09 DOI: 10.1111/1467-8268.70052

Jean-Claude Kouladoum. Mousseuknadji, Gracia Mokondi. Mosunga

{"title":"Access to Clean Cooking Technologies in Africa: Do Taxes on International Trade Matter?","authors":"Jean-Claude Kouladoum. Mousseuknadji, Gracia Mokondi. Mosunga","doi":"10.1111/1467-8268.70052","DOIUrl":"https://doi.org/10.1111/1467-8268.70052","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the linear and the non-linear effects of international trade taxes on access to clean cooking technologies in Sub-Saharan Africa between 2000 and 2023. The study adopts several robust estimation strategies, including the Driscoll–Kraay cross-sectional dependence estimation, the two-step system GMM approach, and the Dynamic Panel Thresholds strategy. The findings reveal a dual effect: while international trade taxes exert a positive linear impact at moderate levels, they produce a negative non-linear effect once the tax rate surpasses a dynamic threshold of 5.039. The estimated dynamic threshold of 5.039% marks the turning point beyond which trade taxes negatively affect clean cooking access. The results are consistent across rural and urban populations, low and middle-income economies, as well as between countries with low versus high energy import dependence, with the non-linear effect most severe among high importers. Complementary factors such as internet penetration, trade openness, governance quality, and domestic credit significantly enhance access to clean cooking fuels and technologies. These results underscore the need for “smart” taxation policies that balance fiscal space generation with household affordability. Policy recommendations emphasise differentiated tariff regimes, strengthened credit markets, improved governance, and regional trade cooperation to accelerate universal clean cooking access in SSA.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-03-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147564649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Towards Sustainable Development in Africa: The Influence of Clean Energy Adoption, Natural Endowments and Socio-Economic Dynamics 非洲实现可持续发展：采用清洁能源、自然禀赋和社会经济动态的影响

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-03-05 DOI: 10.1111/1467-8268.70050

Chor Foon Tang, Paul Terhemba Iorember

{"title":"Towards Sustainable Development in Africa: The Influence of Clean Energy Adoption, Natural Endowments and Socio-Economic Dynamics","authors":"Chor Foon Tang, Paul Terhemba Iorember","doi":"10.1111/1467-8268.70050","DOIUrl":"https://doi.org/10.1111/1467-8268.70050","url":null,"abstract":"<div>\u0000 \u0000 <p>Africa continues to grapple with limited access to modern energy, environmental degradation, socio-economic inequality, and weak institutional frameworks. These issues collectively pose a challenge to the continent's progress toward achieving the United Nations Sustainable Development Goals (SDGs) by 2030. This study investigates the influence of clean energy adoption, natural endowments, and socio-economic dynamics on sustainable development in Africa, controlling for national leadership quality. The study employs Feasible Generalised Least Squares and Panel Correlated Standard Errors on panel data covering 2000– 2022. Findings reveal that the adoption of clean energy and socio-economic dynamics significantly enhance sustainable development. Conversely, natural resource endowments negatively impact sustainable development. These findings are corroborated by the robustness tests. The results emphasise the need for integrated policies that promote the expansion of clean energy, socio-economic transformation, and effective resource governance, while strengthening institutions. These strategies are vital for steering Africa toward a sustainable development trajectory and meeting its 2030 SDG commitments.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-03-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147563358","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

La vulnérabilité au changement climatique entrave-t-elle la stabilité financière des économies de l'Afrique subsaharienne? 对气候变化的脆弱性是否阻碍了撒哈拉以南非洲经济体的金融稳定？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-02-22 DOI: 10.1111/1467-8268.70049

Komlan Olakossan Gbegnon, Mikémina Pilo, Kounagbè Odilon Boris Lokonon

{"title":"La vulnérabilité au changement climatique entrave-t-elle la stabilité financière des économies de l'Afrique subsaharienne?","authors":"Komlan Olakossan Gbegnon, Mikémina Pilo, Kounagbè Odilon Boris Lokonon","doi":"10.1111/1467-8268.70049","DOIUrl":"https://doi.org/10.1111/1467-8268.70049","url":null,"abstract":"<div>\u0000 \u0000 <p>Recent studies support evidence that climate-related damages and risks negatively affect the performance of firms, banking institutions, and related financial entities. However, some authors highlight, on the contrary, the potential benefits of financial innovations induced by climate vulnerability on the financial stability of countries. Contributing to this debate, this research analyzes the effect of economies' vulnerability to climate change on financial stability in Sub-Saharan Africa. To this end, a database was constructed from three main sources: World Development Indicators (WDI) of the World Bank, International Monetary Fund (IMF), and Notre Dame Global Adaptative Initiative (ND-GAIN). The study employs a panel structural vector autoregressive model (PSVAR) applied to a sample of 45 countries covering the period 2004–2023. The results show that an average degree (0.44) of climate vulnerability leads to a 0.25 weakening of the financial system in Sub-Saharan African economies, thereby confirming the theory of financial externalities. Thus, achieving the recommendations of the Network for Greening the Financial System (NGFS) may be unattainable in the long run. Incorporating climate risks and promoting green financial instruments within financial stability policies are therefore strongly recommended for countries in the region.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-02-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147300006","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Effects of Fiscal Policy on Banking Profitability in West African Economic and Monetary Union Countries 财政政策对西非经济与货币联盟国家银行盈利能力的影响

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-02-10 DOI: 10.1111/1467-8268.70048

Ouabou Nabie, Mahamadou Diarra

{"title":"Effects of Fiscal Policy on Banking Profitability in West African Economic and Monetary Union Countries","authors":"Ouabou Nabie, Mahamadou Diarra","doi":"10.1111/1467-8268.70048","DOIUrl":"https://doi.org/10.1111/1467-8268.70048","url":null,"abstract":"<div>\u0000 \u0000 <p>The article assesses the effects of fiscal policy on banking profitability, looking separately the effects of government securities and tax pressure on ROE and ROA. Applying the Pooled Mean Group in the WAEMU-panel countries from 1990 to 2021, this article provides two results: (i) government securities positively and significantly affect ROE/ROA up to a maximum threshold of 19.41% of GDP; and (ii) tax pressure negatively and significantly affects ROE/ROA up to a maximum threshold of 19.42%. Three implications emerge: (i) monetary authorities must prevent any contagion between public finances and banking crises by setting an indicative ceiling, adjusting the reserve requirement ratio upwards or resorting to restrictive open market operations; (ii) the cap reduces the crowding out of private credit through preferential refinancing lines for productive credit; (iii) government authorities must improve tax revenue mobilisation and adopt tax and regulatory incentives for private credit, such as targeted tax reductions or the creation of public guarantees.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147268901","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Analysis of Contemporary Issues in Disproportionate Access to Finance and Women-to-Women Empowerment in Africa: An Application of Causal Mediation and Bayesian Model Averaging 非洲妇女对妇女赋权的当代问题分析：因果中介和贝叶斯模型平均的应用

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-02-08 DOI: 10.1111/1467-8268.70046

Jamilu Iliyasu, Suleiman O. Mamman, Saralees Nadarajah

{"title":"Analysis of Contemporary Issues in Disproportionate Access to Finance and Women-to-Women Empowerment in Africa: An Application of Causal Mediation and Bayesian Model Averaging","authors":"Jamilu Iliyasu, Suleiman O. Mamman, Saralees Nadarajah","doi":"10.1111/1467-8268.70046","DOIUrl":"https://doi.org/10.1111/1467-8268.70046","url":null,"abstract":"<div>\u0000 \u0000 <p>Recently, there has been a resurgence of interest in the implications of emerging barriers to women entrepreneurs due to their impact on the realisation of Sustainable Development Goals. Thus, this study examines the effects of funding mechanisms on women entrepreneurs' ability to employ other women in Africa. This study employs causal mediation analysis and Bayesian model averaging on World Bank Enterprise Survey data spanning 44 countries from 2006 to 2024, to quantify the effects of internal reserves, equity stakes, and bank lending on female hiring. The empirical findings reveal that reliance on internal funds and obstacles to bank finance significantly dampen women's ability to expand female employment. These disparities reflect discriminatory lending practices, pushing many women into entrepreneurship out of necessity rather than opportunity. However, firms with substantial female ownership are more likely to promote women into leadership roles, narrowing workplace gender gaps. Hence, to mitigate these inequalities and bolster women-led job creation, this study recommends targeted interventions that include start-up grants, loan guarantees, and gender-sensitive credit policies. In addition, enhancing women entrepreneurs' access to finance can empower them to hire and advance women, closing labour gender gaps, improving leadership roles, and accelerating Africa's inclusive progress toward the SDGs.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"147315418","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Interactive Effects of Anti-Globalization Dynamics and Environmental Degradation on Africa's Productive Capacity 反全球化动态与环境退化对非洲生产能力的交互影响

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-02-08 DOI: 10.1111/1467-8268.70047

Ekene ThankGod Emeka

{"title":"Interactive Effects of Anti-Globalization Dynamics and Environmental Degradation on Africa's Productive Capacity","authors":"Ekene ThankGod Emeka","doi":"10.1111/1467-8268.70047","DOIUrl":"https://doi.org/10.1111/1467-8268.70047","url":null,"abstract":"<div>\u0000 \u0000 <p>The rise of anti-globalization forces and the escalating impacts of environmental degradation have emerged as two dominant global forces that increasingly disrupt economic prosperity. Despite growing scholarly interest in this subject, no empirical study has examined the joint implications of these two forces on productive capacity. To address this gap, this study employs the interactive generalized method of moments to investigate the interactive impact of anti-globalization dynamics and environmental degradation on the productive capacity of 52 African countries between 2005 and 2022. Anti-globalization is examined through the associated risks across the economic, political, social, and financial dimensions of globalization. These risks are quantified by estimating standard errors from first-order autoregressive AR (1) processes for each globalization indicator. The study presents the following key findings: (i) an unconditional negative impact of environmental degradation on productive capacity, and (ii) a negative synergy between the interaction of anti-globalization and environmental degradation, indicating that anti-globalization amplifies the adverse effect of environmental degradation on productive capacity. In alignment with several United Nations Sustainable Development Goals, the study recommends channeling investments toward productivity-enhancing sectors with strong green potential and strengthening engagement with global climate finance mechanisms to mitigate environmental risks while protecting the region's productive base.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146680334","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Regional Integration and Participation of COMESA Member Countries in Global Value Chains 区域一体化与东南非共同市场成员国参与全球价值链

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-12-23 DOI: 10.1111/1467-8268.70045

Prince P. Asaloko, Simplice A. Asongu, Nicole Asseru Odhua, Gracia Mokondi Mosunga

引用次数: 0