Exchange rate misalignment, state fragility, and economic growth in sub-Saharan Africa

What Explains State Fragility in Sub-Saharan Africa

Growth, History, or Institutions? What Explains State Fragility in Sub-Saharan Africa We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic, demographic, geographic and istitutional regressors, we find that institutions, and in particular the civil liberties index and the number of revolutions, are the main determinants of fragility, even...

Exchange Rate Regimes and Revenue Performance in Sub - Saharan Africa

It has been argued that the institutions of the CFA Franc zone may have reduced in°ation but that they also induced misalignment of the real exchange rate and that this is the explanation for their dismal revenue performance. This paper uses a panel of 22 countries in sub-Saharan Africa to estimate revenue performance over the period from 1980 to 1996. It ¯nds that the poor cumulative relative ...

Growth, History, or Institutions? What Explains State Fragility in Sub-Saharan Africa

Growth, History, or Institutions? What Explains State Fragility in Sub-Saharan Africa We explore the determinants of state fragility in sub-Saharan Africa. Controlling for a wide range of economic, demographic, geographic and istitutional regressors, we find that institutions, and in particular the civil liberties index and the number of revolutions, are the main determinants of fragility, even...

Globalization and Economic Growth in Sub-Saharan Africa

This study analyzes Sub-Saharan Africa through the framework of globalization. The study‘s objective is to determine whether globalization is a significant factor when associated with economic growth in the region. Using panel data from 1995-2005 for 41 countries and the KOF globalization index, an Ordinary Least Squares (OLS) model was employed to examine the relationship between globalization...

Exports, Trade Liberalization and Economic Growth in Sub-Saharan Africa