African Development Review-Revue Africaine De Developpement最新文献_第2页

Economic Complexity and Income Inequality: The Influence of ICT and Human Capital Development in Africa 经济复杂性和收入不平等：信息通信技术和人力资本发展在非洲的影响

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-06-08 DOI: 10.1111/1467-8268.70061

Mark Edem Kunawotor

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International Reserves Accumulation in Sub-Saharan Africa: Is the Membership of the Franc Zone an Obstacle? 撒哈拉以南非洲的国际储备积累：加入法郎区是障碍吗？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-05-31 DOI: 10.1111/1467-8268.70059

Christophe Martial Mbassi

{"title":"International Reserves Accumulation in Sub-Saharan Africa: Is the Membership of the Franc Zone an Obstacle?","authors":"Christophe Martial Mbassi","doi":"10.1111/1467-8268.70059","DOIUrl":"https://doi.org/10.1111/1467-8268.70059","url":null,"abstract":"<div>\u0000 \u0000 <p>Motivated by the fact that the abundant existing literature fails to provide a fully satisfactory explanation of the dynamics of international reserves in various developing regions, the present article assesses the role of the currency zone. Specifically, we examine the role of Franc zone on international reserves in a sample of 42 Sub-Saharan African (SSA) countries, over the period 1990–2018. Based on various panel data methods, we find that the Franc zone is negatively and significantly associated with reserves in SSA countries. This result is robust to the use of alternative measures of reserves as well as to the change in estimation technique. We show that these potential effects are channeled through trade intensity between member countries. Furthermore, the article shows that some heterogeneities, such as institutional quality, the size of the informal sector, climate shocks, economic complexity, economic uncertainty, geopolitical risks, the 1994 devaluation, the launch of the Euro in 1999, and the 2008 financial crisis, may have influenced the role of the Franc zone in reserves accumulation. Taken together, our results suggest reforms aimed at improving the institutional arrangements linking the Franc zone to France, as well as policies to promote structural transformation, aimed at intensifying intra-zone trade as well as countries' attractiveness.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-05-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148166925","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

Determinants of Fiscal Discipline in West Africa: Does Democracy Matter? 西非财政纪律的决定因素：民主重要吗？

IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-05-28 DOI: 10.1111/1467-8268.70060

Ozoemena Stanley Nwodo

{"title":"Determinants of Fiscal Discipline in West Africa: Does Democracy Matter?","authors":"Ozoemena Stanley Nwodo","doi":"10.1111/1467-8268.70060","DOIUrl":"https://doi.org/10.1111/1467-8268.70060","url":null,"abstract":"<p>This study investigates the impact of democracy on fiscal discipline in West Africa, focusing on four fiscal outcomes: overall balance, primary balance, the cyclically adjusted primary balance, and changes in the debt-to-GDP ratio. Using panel data for 14 countries and employing fixed effects, Driscoll–Kraay, and instrumental variable estimators, the analysis accounts for unobserved heterogeneity, cross-sectional dependence, and endogeneity. The results show that democracy, on its own, does not exert a robust or consistent disciplining effect on fiscal outcomes. However, democratic institutions conditionally improve overall balances when embedded within credible fiscal rule frameworks, particularly for observed fiscal and primary balances. In contrast, democracy has little explanatory power for debt dynamics and structural fiscal effort once cyclical factors are removed. Debt adjustment is driven mainly by inherited debt levels, while resource-rich countries exhibit faster debt accumulation. Overall, the findings suggest that in West Africa, democracy can enhance fiscal discipline, but its effectiveness depends on broader institutional credibility.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"38 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2026-05-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.70060","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"148174858","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}

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IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-05-22

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IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-05-12

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IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-04-10

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IF 3.1 2区经济学

African Development Review-Revue Africaine De Developpement Pub Date : 2026-04-10

引用次数: 0

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}

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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

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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

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