West Africa

Testing the impact of foreign aid on domestic private investment in West Africa

Eberechukwu Uneze
African Review of Money Finance and Banking 2010, pp. 59-84

Drawing on the vast literature on aid allocation, this paper examines whether foreign aid has any impact on private investment in West Africa, controlling for other determinants of private investment. Following from this, the paper investigates [...]

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Développement financier et croissance économique dans les Pais de l’UEMOA: y a-t-il des différences sectorielles?

Brou Emmanuel Aka
Savings and Development Vol. 34(2010), No. 3, pp. 343-368

This paper, firstly, takes advantage of the principal component analysis to build a synthetic financial development indicator for every state member of the West Africa Economic and Monetary Union (WAEMU). Secondly, it examines empirically the [...]

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Subprime crisis and contagion: evidence from the BRVM

Brou Emmanuel Aka
African Review of Money Finance and Banking 2009, pp. 51-71

This paper empirically investigates the issue of contagion from the US stock market to the West African Regional Stock Market (BRVM) during the subprime crisis. It carries out aggregate and sectoral level analyses within a modified EGARCH framework. [...]

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