African Development Review-Revue Africaine De Developpement最新文献

Investigating the Synchronization of Business and Growth Cycles in Maghreb Countries: A Dynamic MS-BVAR Analysis 马格里布国家商业和增长周期的同步研究：动态MS-BVAR分析

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-05-26 DOI: 10.1111/1467-8268.70018

Mariem Bouattour, Kamel Helali

{"title":"Investigating the Synchronization of Business and Growth Cycles in Maghreb Countries: A Dynamic MS-BVAR Analysis","authors":"Mariem Bouattour, Kamel Helali","doi":"10.1111/1467-8268.70018","DOIUrl":"https://doi.org/10.1111/1467-8268.70018","url":null,"abstract":"<div>\u0000 \u0000 <p>This analysis utilizes data from February 2000 to December 2023 to investigate Tunisia's growth and the synchronization of its classical cycle with Morocco and Algeria. A Markov-Switching Bayesian Vector Autoregression (MS-BVAR) model-based advanced econometric approach is employed to investigate the alignment of economic dynamics and regional cooperation. MS-BVAR analyzes regime changes and cyclical co-movements. The study also examines the impact of trade integration, macroeconomic policy, and institutions on the business cycle synchronization of three Arab Maghreb Union (AMU) countries. The analysis clarifies these secondary objectives to enhance knowledge of economic convergence mechanisms and prevent the dispersion of the study framework. This method links methodology to expected findings, ensuring consistency in interpreting regional economic dynamics. The growth and economic cycles of the AMU countries have shifted. This highlights the structural differences in their economies. Although the AMU exists despite asymmetric shocks, experience demonstrates that such inequalities hinder policy efficacy. Fiscal transfers and coordination are needed to correct structural divergences. North Africa can cooperate, but misaligned economic cycles can cause policy mismatches. Better synchronization reduces costly modifications and makes policy more predictable, improving cooperation. Instead of ruling out collaboration, the study emphasizes adaptive policies that overcome asymmetries.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-05-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144135617","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

Achieving Inclusive Growth in Sub-Saharan Africa: Exploring the Synergistic Role of Insurance and Institutional Quality 实现撒哈拉以南非洲地区的包容性增长：探讨保险和制度质量的协同作用

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-05-20 DOI: 10.1111/1467-8268.70017

Sylvester Senyo Horvey, Jones Odei-Mensah

{"title":"Achieving Inclusive Growth in Sub-Saharan Africa: Exploring the Synergistic Role of Insurance and Institutional Quality","authors":"Sylvester Senyo Horvey, Jones Odei-Mensah","doi":"10.1111/1467-8268.70017","DOIUrl":"https://doi.org/10.1111/1467-8268.70017","url":null,"abstract":"<p>The growing importance of inclusive growth has garnered considerable attention in contemporary times. Its importance is further underscored by Sustainable Development Goal 8, which advocates for inclusive and sustainable economic growth, employment, and decent work for all. Achieving inclusive growth requires several key developments, including high institutional quality and a strong insurance industry. This study contributes to knowledge by examining the direct and interactive effects of insurance and institutional quality on inclusive growth. Using the generalised method of moments based on 30 Sub-Saharan African countries between 2005 and 2019, the study presents the following findings: (1) insurance, including life and nonlife penetration, positively impacts inclusive growth; (2) institutional quality, including its components presents a positive influence on inclusive growth; (3) Further, the interaction between insurance and institutional quality stimulates inclusive growth. This implies that quality institutions matter in the drive towards developing the insurance market, thereby fostering inclusive growth. Based on these findings, the study suggests that governments harness insurance's potential to promote inclusive growth and alleviate poverty. Further, the study highlights the urgent need for institutional reforms and policies to unlock the full potential of insurance in driving inclusive growth. This calls for efforts to strengthen the business and institutional environment for sustainable development.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.70017","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144091610","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Does Social Media Improve the Subjective Well-Being of Older African Women? 社交媒体是否改善了非洲老年妇女的主观幸福感？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-05-19 DOI: 10.1111/1467-8268.70016

Nadège Ngah Otabela, Patrick Marie Nga Ndjobo, Sem I-dé Dringa

{"title":"Does Social Media Improve the Subjective Well-Being of Older African Women?","authors":"Nadège Ngah Otabela, Patrick Marie Nga Ndjobo, Sem I-dé Dringa","doi":"10.1111/1467-8268.70016","DOIUrl":"https://doi.org/10.1111/1467-8268.70016","url":null,"abstract":"<div>\u0000 \u0000 <p>The decline in social relations is one of the main obstacles to the well-being of the elderly in Africa. Using cross-sectional data from 31 sub-Saharan Africa countries, corresponding to 42,224 respondents including 2558 elderly women aged 55 and over, this study examines the effect of social media use on the subjective well-being of older African women. The ordered probit with an endogenous regressor framework has been adopted to analyze the data. This approach addresses the possible endogeneity bias when the ordinal dependent variable and regressor are both endogenous. The major finding reveals that social media use improves the likelihood of high subjective well-being among older African women. This increase is greater for absolute subjective well-being than for relative subjective well-being. In addition, the aforementioned is more pronounced for educated women and those who are satisfied with democracy in their country. However, older women who are victims of corruption and those with a lack of cash income experience a reduction in subjective well-being. It is therefore important that the development of information and communication technology infrastructures and their corollary, social media use, be integrated into public strategies for adapting to the aging population and the resulting social problems.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144085108","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

Trust in Fiscal Institutions in Africa: Do Perceived Living Conditions Matter? 对非洲财政机构的信任：感知生活条件重要吗？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-04-30 DOI: 10.1111/1467-8268.70014

Maichanou Ahamadou

{"title":"Trust in Fiscal Institutions in Africa: Do Perceived Living Conditions Matter?","authors":"Maichanou Ahamadou","doi":"10.1111/1467-8268.70014","DOIUrl":"https://doi.org/10.1111/1467-8268.70014","url":null,"abstract":"<div>\u0000 \u0000 <p>It is now well established that institutional trust is crucial for mobilizing tax revenues. However, this trust is often eroded by economic and social policies that fail to enhance population well-being. This article analyzes how perceptions of living conditions influence trust in tax administration, using data from the Afrobarometer survey (round 8) across 34 African countries. The methodology involves a three-stage approach: descriptive analysis to explore correlations between perceived living conditions and trust in fiscal institutions; multivariate techniques, including Principal Component Analysis and Hierarchical Ascendant Classification, to group countries based on these variables; and ordered probit modeling to assess causality, incorporating control variables such as individual characteristics and addressing endogeneity through an extended ordered probit model. The main findings reveal that poor living conditions negatively impact trust in tax administration, whereas positive perceptions of living conditions enhance trust. This relationship holds across various homogeneous groups, underscoring its robustness. This underscores the need for economic policies that prioritize improving living conditions to build trust in tax administration. Recommended policies include promoting investment and innovation to create jobs and boost incomes; investing in public infrastructure (e.g., roads, schools, and hospitals) to enhance service access and combating corruption to increase transparency and fairness in public administration. These measures could strengthen trust in institutions and improve tax compliance.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-04-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143889183","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

Digital Financial Inclusion: Socioeconomic and Demographic Factors of Access and Usage in Senegal 数字金融普惠：塞内加尔获取和使用的社会经济和人口因素

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-04-28 DOI: 10.1111/1467-8268.70015

Khadim Ba, Seydi Ababacar Dieng

{"title":"Digital Financial Inclusion: Socioeconomic and Demographic Factors of Access and Usage in Senegal","authors":"Khadim Ba, Seydi Ababacar Dieng","doi":"10.1111/1467-8268.70015","DOIUrl":"https://doi.org/10.1111/1467-8268.70015","url":null,"abstract":"<div>\u0000 \u0000 <p>Digital financial services (DFSs) have emerged as a pivotal instrument for enhancing access to essential financial services. In Senegal, despite significant progress, persistent inequalities continue to limit access to DFS. This study aims to contribute to the understanding of the socioeconomic and demographic determinants of digital financial inclusion. Utilizing the Global Findex data from the World Bank's 2021 edition for Senegal and a Probit model, the study's findings indicate that socioeconomic and demographic factors significantly influence access to and utilization of DFS. Specifically, women are less likely to access and use DFS. Furthermore, individuals aged 25–50 demonstrate a higher propensity for possessing mobile money accounts and debit cards, as well as a greater inclination to utilize DFS compared to young adults aged 15–24. Additionally, access to and utilization of digital DFS are influenced by place of residence (urban or rural), educational attainment, and income level. The findings of this study suggest that promoting financial education, adapting financial services to the needs of target populations, establishing a favorable regulatory framework, and developing digital infrastructures are essential mechanisms for enhancing access to and use of DFS.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-04-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143883797","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

Multiple Memberships in Regional Trade Agreements and Intraregional Trade Dynamics in Sub-Saharan Africa 区域贸易协定的多重成员和撒哈拉以南非洲的区域内贸易动态

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-04-20 DOI: 10.1111/1467-8268.70013

Amsalu Dachito Chigeto, Jayamohan M. K.

{"title":"Multiple Memberships in Regional Trade Agreements and Intraregional Trade Dynamics in Sub-Saharan Africa","authors":"Amsalu Dachito Chigeto, Jayamohan M. K.","doi":"10.1111/1467-8268.70013","DOIUrl":"https://doi.org/10.1111/1467-8268.70013","url":null,"abstract":"<div>\u0000 \u0000 <p>Over recent decades, the impact of overlapping regional trade agreements (RTAs) on trade has sparked considerable debate. This study examines the effects of multiple RTA memberships on trade dynamics in Sub-Saharan Africa (SSA). Analyzing panel data from 43 SSA countries over 22 years (2000–2021) using the Poisson-Pseudo Maximum Likelihood estimation technique, we find that countries participating in multiple RTAs engage in enhanced bilateral trade within the SSA region. Furthermore, gaining a hub position is positively associated with increased bilateral trade engagement. Our analysis also confirms that network centrality metrics, derived from potential trade connections, are positively related to trade volume. These findings imply that accession to an additional RTA not only creates more opportunities for integration but may also help mitigate politically motivated trade barriers. Moreover, the market access benefits from participating in multiple RTAs appear to outweigh the complexities associated with establishing rules of origin and lengthy trade negotiations. To significantly boost intra-SSA trade and foster deeper regional integration, policymakers in SSA should prioritize aggressively negotiating and implementing RTAs. Moreover, intraregional trade strategies should prioritize systematically securing hub positions within the regional trade network through RTA membership to maximize trade volumes and drive comprehensive regional integration.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-04-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143852651","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

Modelling Economic Policy Uncertainty—Examining the Effects of Oil Prices, Global and Domestic Economic Policy Uncertainty on Firm Stability in Nigeria 经济政策不确定性建模——考察油价、全球和国内经济政策不确定性对尼日利亚企业稳定的影响

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-04-17 DOI: 10.1111/1467-8268.70012

Olajide O. Oyadeyi

{"title":"Modelling Economic Policy Uncertainty—Examining the Effects of Oil Prices, Global and Domestic Economic Policy Uncertainty on Firm Stability in Nigeria","authors":"Olajide O. Oyadeyi","doi":"10.1111/1467-8268.70012","DOIUrl":"https://doi.org/10.1111/1467-8268.70012","url":null,"abstract":"<p>The article explored the effects of economic policy uncertainty (EPU) on firm stability in Nigeria. The article makes three contributions to the literature. First, the article examined the impact of global EPU on firm stability. Second, it examined the effects of domestic EPU on firm stability, given the vulnerable nature of the Nigerian economy to both global and domestic shocks. Finally, the study examined the effects of oil prices on the EPU-firm stability nexus, given the Nigerian economy's vulnerability to oil price fluctuations. Using annual data from 2004 to 2023 and employing the Driscoll and Kraay fixed effects method, the study found that global EPU had no significant effect on firm stability. Furthermore, the findings revealed that domestic EPU hurt firm stability. Additionally, when oil prices induce domestic energy price volatility, they negatively impact firm stability. The sensitivity analysis, conducted using the quantile regression method, supported the main findings. Thus, given the importance of the results, the study recommends ways for firms to become resilient to domestic economic uncertainty by adopting robust risk management techniques and implementing policies that ensure a resilient business environment.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-04-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.70012","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143846210","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

RETRACTION: Idiosyncratic Covariates of Unemployment Duration in Ghana: The Joint Effect of Migration and Education 加纳失业持续时间的特质协变量：移民和教育的联合效应

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-04-02 DOI: 10.1111/afdr.70011

引用次数: 0

Contraintes Réglementaires Et Transmission De La Politique Monétaire Aux Prêts Bancaires Dans L'uemoa 监管约束和货币政策向银行贷款的转移

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-03-27 DOI: 10.1111/1467-8268.70008

Karim Nabaloum

{"title":"Contraintes Réglementaires Et Transmission De La Politique Monétaire Aux Prêts Bancaires Dans L'uemoa","authors":"Karim Nabaloum","doi":"10.1111/1467-8268.70008","DOIUrl":"https://doi.org/10.1111/1467-8268.70008","url":null,"abstract":"<div>\u0000 \u0000 <p>Ces dernières années, les contraintes réglementaires sont de plus en plus considérées comme des facteurs susceptibles d'affecter la transmission de la politique monétaire. Cette étude examine l'effet des contraintes réglementaires sur la transmission de la politique monétaire aux prêts bancaires dans sept pays de l'Union Économique et Monétaire Ouest Africaine (UEMOA) sur la période 1990 à 2021. L'étude utilise une approche paramétrique (Pooled Mean Group) avec des données provenant de la BCEAO, du World Development Indicator et du Global Financial Development. Les résultats suggèrent que la transmission de la politique monétaire sur les prêts accordés par les banques soumises à une réglementation plus stricte en matière de fonds propres est réduite. En revanche, les banques soumises aux ratios de liquidité semblent transmettre plus amplement la politique monétaire. Ces résultats traduisent la nécessité de rendre les contraintes réglementaires plus flexibles, en tenant compte de la capacité des banques à reconstituer leurs fonds propres.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-03-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143717122","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

Access to Finance in the Digital Age: Does Digital Financial Inclusion Promote Financial Development in Emerging Countries? 数字时代的金融获取：数字普惠金融是否促进新兴国家的金融发展？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2025-03-24 DOI: 10.1111/1467-8268.70009

Armand Fréjuis Akpa, Mingnimon Ghislain Gnidehou

引用次数: 0