{"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}
{"title":"Access to Finance in the Digital Age: Does Digital Financial Inclusion Promote Financial Development in Emerging Countries?","authors":"Armand Fréjuis Akpa, Mingnimon Ghislain Gnidehou","doi":"10.1111/1467-8268.70009","DOIUrl":"https://doi.org/10.1111/1467-8268.70009","url":null,"abstract":"<div>\u0000 \u0000 <p>This study's purpose is to assess the influence of digital financial inclusion (DFI) on financial development in sub-Saharan African (SSA). Using a sample of 26 SSA nations over the period from 2014 to 2021 and the general method of moments in system (SGMM) on panel data, the estimation results show that both digital access and digital use promote financial development. Similarly, DFI improves financial development, allowing us to confirm that DFI is a key factor that promotes financial development. The study suggests that cybersecurity needs to be strengthened to secure online platforms and that incentive policies and regulatory measures favorable for the development of human capital capable of operating in this sector need to be put in place.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 2","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-03-24","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143689960","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}
{"title":"Appreciation to Article Reviewers","authors":"","doi":"10.1111/afdr.70006","DOIUrl":"https://doi.org/10.1111/afdr.70006","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143475576","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}
{"title":"Effects of Fiscal Policy on Financial Bank Intermediation Quality in WAEMU Countries","authors":"Ouabou Nabié, Mahamadou Diarra","doi":"10.1111/1467-8268.70002","DOIUrl":"https://doi.org/10.1111/1467-8268.70002","url":null,"abstract":"<div>\u0000 \u0000 <p>The study assesses the effects of fiscal policy on the financial bank quality intermediation in the WAEMU. To do so, the effects of the government securities ratio and the tax pressure rate on the NPL ratio are examined separately. The study uses panel data from WAEMU countries over the period 1990–2021 and ARDL modelling by the PMG estimator for basics estimates and the GM-FMOLS estimator for robustness. The public securities ratio improves the financial bank quality intermediation up to the maximum threshold of 47.5% of GDP. The tax pressure rate contributes to increasing the NPL ratio up to the maximum threshold of 17.06%. These results imply that a reform of banking regulation should encourage banks to hold a significant proportion of public securities, without crowding out the private sector. They also call on governments to implement measures to stimulate economic activity to absorb fiscal pressure. The study contributes to the literature and empirical effects of fiscal policy on the financial bank quality intermediation in the WAEMU while serving as a decision-making tool for governments and banking authorities in the management of NPLs in their lending activities and development.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143423827","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}
Gbêtondji Melaine Armel Nonvide, Charles Yédéhou Faton, Marlyse Sandrine S. Togodo Azon
{"title":"Inclusion Financière Digitale et Croissance Economique dans L'espace UEMOA: Rôle de la Qualité des Institutions","authors":"Gbêtondji Melaine Armel Nonvide, Charles Yédéhou Faton, Marlyse Sandrine S. Togodo Azon","doi":"10.1111/1467-8268.70004","DOIUrl":"https://doi.org/10.1111/1467-8268.70004","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143397116","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}
{"title":"‘Learning to Export’ and ‘Learning By Exporting’: Revisiting the Relationship Between Innovation and Exports in African Firms","authors":"Elvis Korku Avenyo, Fiona Tregenna","doi":"10.1111/1467-8268.70001","DOIUrl":"https://doi.org/10.1111/1467-8268.70001","url":null,"abstract":"<p>This article examines the relationship between innovation and export performance for African firms. We estimate a censored Tobit IV simultaneous model with selection, using a cross-sectional data set from the World Bank's Enterprise Surveys for 28 African economies. The results show a two-way positive relationship between innovation and export performance in African firms: innovation is important for both the ability to export (export propensity) and for export intensity, while exporting also increases the likelihood of innovating. These effects are driven mainly by direct exports and apply to both product and process innovations. The positive two-way relationship is strengthened through two key mechanisms: a higher share of foreign ownership in firms, and firms having an internationally recognised quality certification. We argue that these results point to a two-way relationship in which innovation enables firms to ‘learn to export’, while firms also ‘learn by exporting’. We discuss the implications of these findings for African firms and policymakers.</p>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.70001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143397117","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}
{"title":"Foreign Inflows, Governance and Health Outcomes in Nigeria","authors":"Aderoju Oyefusi, Obianuju O. Nnadozie","doi":"10.1111/1467-8268.70000","DOIUrl":"https://doi.org/10.1111/1467-8268.70000","url":null,"abstract":"<div>\u0000 \u0000 <p>Foreign financial inflows to Nigeria have risen in the last two decades. Currently, the country receives over one-third of remittance flows to sub-Saharan Africa and is one of Africa's top recipients of foreign aid with the health sector being a major target. Despite the substantial foreign inflows, health outcomes in Nigeria have not remarkably improved. This raises important questions about the effectiveness of foreign inflows in achieving better health outcomes in Nigeria. This article examines the effects of foreign inflows on health outcomes utilising different components of foreign inflows—aid and remittance. It also investigates the role of governance in the foreign inflows-health outcomes nexus using time series data from Nigeria covering the period 1984–2021. Results from the Autoregressive Distributed Lag (ARDL) model suggest that health aid has a limited impact on health outcomes, while remittance has been ineffective in driving improvements in health outcomes. Other factors, such as growth in real income per person, reduction in the emission of pollutants, such as carbon dioxide and improvements in governance, appear to be critical for improving health outcomes in the country.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143397118","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}
Sem I-dé Dringa, Nadege Ngah Otabela, Patrick Marie Nga Ndjobo
{"title":"Perception of Democracy and Women's Desire to Emigrate: Evidence From Sub-Saharan Africa","authors":"Sem I-dé Dringa, Nadege Ngah Otabela, Patrick Marie Nga Ndjobo","doi":"10.1111/1467-8268.70003","DOIUrl":"https://doi.org/10.1111/1467-8268.70003","url":null,"abstract":"<div>\u0000 \u0000 <p>Perceptions of democracy remain an important determinant of people's migration choices in Sub-Saharan Africa (SSA). Using cross-sectional data on 42,224 individuals, 21,137 of whom were women, from 31 Sub-Saharan African countries, this study examines the effect of women's perceptions of democracy on their desire to emigrate. The seemingly unrelated (SUR) bivariate probit method was used to analyze the data. This approach is used to deal with the potential endogeneity bias that arises when the dependent variable and the independent variable of interest are both endogenous and binary. The main finding of this study is that the more positive women's perceptions of democracy are, the less likely they are to want to emigrate. However, young women, educated women, and women who have experienced gender discrimination are more likely to want to emigrate. Consequently, Sub-Saharan African countries need to strengthen the democratization process by ensuring the effective independence of democratic institutions, the separation of powers, and the protection of human rights. This would encourage women to remain in their countries of origin and contribute to a better understanding of the political sources of migration.</p>\u0000 </div>","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"37 1","pages":""},"PeriodicalIF":3.1,"publicationDate":"2025-02-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143397115","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}
{"title":"Issue Information - Author Guidelines","authors":"","doi":"10.1111/1467-8268.12790","DOIUrl":"https://doi.org/10.1111/1467-8268.12790","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 S1","pages":"S151"},"PeriodicalIF":3.1,"publicationDate":"2025-01-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8268.12790","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143245376","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}
{"title":"The Impact of Russia–Ukraine Conflict on African Economies: An Introduction","authors":"John C. Anyanwu, Adeleke O. Salami","doi":"10.1111/1467-8268.12791","DOIUrl":"https://doi.org/10.1111/1467-8268.12791","url":null,"abstract":"","PeriodicalId":47363,"journal":{"name":"African Development Review-Revue Africaine De Developpement","volume":"36 S1","pages":"S1-S9"},"PeriodicalIF":3.1,"publicationDate":"2025-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143252331","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}