nep-afr New Economics Papers
on Africa
Issue of 2009‒03‒07
four papers chosen by
Quentin Wodon
World Bank

  1. Determinants of Schooling Outcomes: Empirical Evidence from Rural Ethiopia By Subha Mani; John Hoddinott; John Strauss
  2. Flux d’aides et d’investissements directs étrangers en provenance de l’union Européenne et croissance économique dans les grands pays de la zone franc By François Joseph Cabral
  3. Microfinance Institutions in Nigeria By Mejeha, Remy O.; Nwachukwu, Ifeanyi N.
  4. La stratégie de croissance accélérée du Sénégal est t-elle pro-pauvre By François Joseph Cabral

  1. By: Subha Mani (Fordham University, Department of Economics); John Hoddinott (International Food Policy Research Institute); John Strauss (University of Southern California, Department of Economics)
    Abstract: This paper examines the determinants of schooling outcomes - current enrollment status and relative grade attainment - among primary school children in rural Ethiopia. We use repeated cross-sectional data from 15 rural villages in Ethiopia to capture the impact of the changing socioeconomic environment on these outcomes between 1994 and 2004. We find that parental schooling is positively associated with schooling enrollment but its estimated effects declines over time. We observe a similar decline in the estimated impact of father’s schooling on relative grade attainment, while the impact of mother’s schooling increased during this period. OLS estimates of the impact of household income are biased downwards relative to IV results. Community characteristics are not associated with schooling enrollment. However, the provision of electricity is positively, and distance to primary school negatively, associated with relative grade attainment. These findings suggest that policies that address both supply and demand side constraints have the potential to improve the low levels of schooling attainments found in Ethiopia and elsewhere.
    Date: 2009
  2. By: François Joseph Cabral (Université Cheikh Anta DIOP, Université Polytechnique de Thiès, CRES et GREDI)
    Abstract: The aim of this paper is to assess the relative impact of aid and foreign direct investment (FDI) flows received from the European Union (EU) on the GDP of the large countries of the CFA zone. An error correction model is used based on the data of a panel. Estimated results show that, contrary to aid flows, foreign direct investment (FDI) coming from the EU does not have significant effects on the GDP of the large countries of the CFA zone. In addition, it appears that flows of FDI received from the rest of the world affect positively and significantly the GDP of this sample of country.
    Keywords: Aide, IDE, croissance économique
    JEL: O1 O2 O24
    Date: 2009
  3. By: Mejeha, Remy O.; Nwachukwu, Ifeanyi N.
    Abstract: The advocation of micro – financing was triggered by the poor performance of the conventional finance sector. The essence was to reach the overwhelming population of the poor to assist in the drive to alleviate poverty. Barely a million had been provided with some credit in Nigeria while a yawning 40 million poor people are yet to be attended to. In terms of supply, commercial and development finance institutions are in the fore front of the outfits that provide credits to the microfinance institutions. Despite their efforts, rates of interest, inequitable distribution of wealth and income and outreaching the poor constitute challenges to the operations. The establishment of microfinance institutions in Nigeria was based on weak institutional capacity, weak capital base, existence of a huge unserved market, utilization of SMEEIS fund among other things
    Keywords: microfinance; financial institutions; agricultural credit and finance
    JEL: E58 G21 E60
    Date: 2008–08–14
  4. By: François Joseph Cabral (Université Cheikh Anta DIOP, Université Polytechnique de Thiès, CRES et GREDI)
    Abstract: L’objectif principal de la Stratégie de croissance accélérée (SCA) du Sénégal est d’accroître le rythme de la croissance de l’économie en la rendant profitable aux pauvres. Or dans toute économie, il existe une relation entre la croissance économique, la réduction de la pauvreté et la distribution des revenus. Dans cet article, nous développons un modèle d’équilibre général calculable dynamique afin de simuler l’impact de la SCA et évaluons, à l’aide d’indices, la qualité de la croissance qu’elle génère. Les résultats montrent que la croissance issue de la SCA n’est pas pro-pauvre. Toutefois, comparée au sentier de croissance obtenu en l’absence de toute politique ou choc (« business as usual »), elle présente un profil plus bénéfique aux pauvres.
    Keywords: Dynamic CGE model, poverty, inequality
    JEL: D58 D31 F41 I32
    Date: 2009

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