|
on Africa |
| By: | Cassimon, Danny; Fadare, Olusegun; Mavrotas, George |
| Abstract: | The focus on Sustainable Development Goal 2 (SDG-2) to address hunger and food security has led to increased foreign capital flows into Sub-Saharan Africa, yet the region continues to grapple with rising food insecurity and malnutrition rates, exacerbated by governance challenges and dependency on imported staple crops. Recent research underscores the critical relationship between governance quality, capital flows, and food insecurity in the region, particularly in the context of post-pandemic challenges. |
| Keywords: | Sub-Saharan Africa, food security, development finance, governance quality |
| Date: | 2024–05 |
| URL: | http://d.repec.org/n?u=RePEc:iob:apbrfs:2024002&r= |
| By: | Sabrina Camélia Pagop; Luc Savard |
| Abstract: | This study conducts an in-depth exploration of the increasing interest in voluntary carbon markets (VCMs) in Africa, shedding light on the potential opportunities and challenges associated with African participation in these markets. VCMs have gained prominence as promising means to address climate change, driven by substantial financial incentives and market expansion. Nonetheless, persistent debates revolve around the legitimacy of carbon credits and their tangible contributions to climate change mitigation and adaptation. |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:ocp:rpaper:pp-0524&r= |
| By: | Ozili, Peterson K |
| Abstract: | Economic growth is reflected in SDG8 of the sustainable development goals. Financial stability has been identified as a factor promoting economic growth. However, there is little evidence on the effect of financial stability on economic growth in Nigeria. This study empirically examines the effect of financial stability on economic growth in Nigeria from 1993 to 2017. The results show a positive relationship between financial stability and economic growth in Nigeria. Specifically, the result shows that a high ZSCORE, which reflects low insolvency risk, has a positive effect on economic growth. Similarly, fewer nonperforming loans improve economic growth in Nigeria. In contrast, capital adequacy was found to have a negative effect on economic growth in Nigeria. |
| Keywords: | financial stability, ZSCORE, economic growth, Nigeria |
| JEL: | G20 G21 G23 G28 G29 O43 O47 |
| Date: | 2024 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:120776&r= |
| By: | Weihong Qi |
| Abstract: | This study reevaluates the traditional understanding of the "political resource curse" by examining the unique impact of energy transition metals, specifically cobalt, on local-level conflicts in Africa. Contrary to previous studies that primarily focus on high-value minerals and their political outcomes resulted from substantial economic revenues, this study investigates cobalt's influence on local conflict. Despite its strategic importance, cobalt's limited commercial value presents a unique yet critical case for analysis. Different with the prevailing view that links mineral reserves with increased conflict, this research finds that regions rich in cobalt experience a reduction in conflict. This decrease is attributed to enhanced government security measures, which are implemented independently of the economic benefits derived from cobalt as a commodity. The study utilizes a combination of georeferenced data and a difference-in-difference design to analyze the causal relationship between cobalt deposits and regional conflict. The findings suggest that the presence of cobalt deposits leads to enhanced security interventions by governments, effectively reducing the likelihood of non-governmental actors taking control of these territories. This pattern offers a new perspective on the role of energy transition metals in shaping conflict and governance, highlighting the need to reassess theoretical frameworks related to the political implications of natural resources with the ongoing energy revolution. |
| Date: | 2024–04 |
| URL: | http://d.repec.org/n?u=RePEc:arx:papers:2404.17713&r= |