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on Africa |
| By: | Jackson, Emerson Abraham |
| Abstract: | This paper delves into the vital role of women in economic governance for achieving sustained and equitable growth in Africa. Historically, African women have played significant roles in economic activities and governance structures, particularly in pre-colonial societies, where they were integral to agricultural production, trade, and local governance. However, colonial and post-colonial periods saw a decline in their influence due to imported patriarchal norms. The paper examines how modern initiatives, such as the African Union's Agenda 2063 and the African Continental Free Trade Area, have aimed to promote economic integration and resilience but still face challenges like corruption, inadequate infrastructure, and socio-political instability. It highlights the importance of gender-inclusive governance, supported by research indicating that including women in leadership leads to better financial performance and more sustainable policy outcomes. Case studies from Rwanda, where women hold 61% of parliamentary seats, and Nigeria, where women like Ngozi Okonjo-Iweala have made significant economic reforms, illustrate the positive impact of female leadership. The paper also addresses barriers to women's participation, including cultural norms, patriarchal systems, and legal constraints, and suggests policy reforms to enhance gender equality in governance. Philosophical perspectives on equity and justice, particularly those of John Rawls and Martha Nussbaum, are used to argue for the inclusion of women in governance structures. Strategies for enhancing women's roles through education and capacity-building initiatives are discussed, emphasizing the need for comprehensive approaches to gender equality. The paper concludes by asserting that empowering women in economic governance is not only a matter of fairness but is essential for achieving long-term economic stability and reducing disparities across Africa. |
| Keywords: | Women and Economic Governance; Inclusive and Sustainable Growth; African Continent |
| JEL: | D63 J16 O15 P16 |
| Date: | 2024–04–01 |
| URL: | https://d.repec.org/n?u=RePEc:pra:mprapa:121705 |
| By: | C. Winkler; H. Heinrichs; S. Ishmam; B. Bayat; A. Lahnaoui; S. Agbo; E. U. Pe\~na Sanchez; D. Franzmann; N. Oijeabou; C. Koerner; Y. Michael; B. Oloruntoba; C. Montzka; H. Vereecken; H. Hendricks Franssen; J. Brendt; S. Brauner; W. Kuckshinrichs; S. Venghaus; D. Kone; B. Korgo; K. Ogunjobi; J. Olwoch; V. Chiteculo; Z. Getenga; J. Lin{\ss}en; D. Stolten |
| Abstract: | Green hydrogen is a promising solution within carbon free energy systems with Sub-Saharan Africa being a possibly well-suited candidate for its production. However, green hydrogen in Sub-Saharan Africa is not yet investigated in detail. This work determines the green hydrogen cost-potential for green hydrogen within this region. Therefore, a potential analysis for PV, wind and hydropower, groundwater analysis, and energy systems optimization are conducted. The results are evaluated under local socio-economic factors. Results show that hydrogen costs start at 1.6 EUR/kg in Mauritania with a total potential of ~259 TWh/a under 2 EUR/kg in 2050. Two third of the regions experience groundwater limitations and need desalination at surplus costs of ~1% of hydrogen costs. Socio-economic analysis show, that green hydrogen deployment can be hindered along the Upper Guinea Coast and the African Great Lakes, driven by limited energy access, low labor costs in West Africa, and high labor potential in other regions. |
| Date: | 2024–08 |
| URL: | https://d.repec.org/n?u=RePEc:arx:papers:2408.10184 |
| By: | Robinson, Z; De Beer, J |
| Abstract: | The purpose of this article is to take the lead and investigate value-added tax (VAT) revenue and economic growth in Southern Africa, especially referring to the Southern African Development Community (SADC). The objective of the study on which this article reports was to look at the relationship between VAT revenue and economic growth. The hypothesis was whether VAT revenue had an impact on economic growth or alternatively whether VAT revenue had no impact on economic growth. The effect of VAT on economic growth in different countries is unclear, and this has become an important empirical question. Our two-stage least squares model indicated that VAT revenue has a positive impact on economic growth. The same goes for the generalised method of moments (GMM) model. The corruption perception index also leads to a positive outcome on economic growth. The current study attempted to contribute to the surprisingly small body of academic economics research examining value-added tax in Southern African countries. Policymakers and revenue authorities should thus take note that room for higher VAT rates exists although these are already quite high in SADC. VAT is regarded as a regressive tax commonly burdening the poor. Alternatively, higher VAT rates and revenues on luxury goods commonly purchased by the wealthy might be an alternative option for further investigation in the future. Efficient and corruption-free service delivery in SADC can contribute to future VAT revenues supporting economic development in the region. |
| Keywords: | VAT revenue, SADC, economic growth |
| Date: | 2024–06 |
| URL: | https://d.repec.org/n?u=RePEc:uza:wpaper:31547 |
| By: | Zanane Reda (UMBB - Université M'Hamed Bougara Boumerdes); Mohamed Benlakehal (UMBB - Université M'Hamed Bougara Boumerdes) |
| Abstract: | This study aims to analyze the issue of export diversification, by trying to focus on the opportunities offered by the African continental free trade area, and the obstacles that prevent the achievement of this goal, with the hypothesis that it constitutes in the medium and long term, a vital space for the marketing of Algerian industrial products.The study concludes the importance of moving towards integration within the African space to achieve development goals, which must be preceded by taking several steps at the strategic level that lead to the removal of various obstacles, especially logistical ones. |
| Keywords: | African Continental Free Trade Area Small and medium industries Export opportunities Economic Diversification JEL Classification Codes : Q56 Q32 Q37, African Continental Free Trade Area, Small and medium industries, Export, opportunities, Economic Diversification JEL Classification Codes : Q56, Q32, Q37 |
| Date: | 2024–06–30 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04678399 |
| By: | Asmaa Chouhaibi (UM5 - Université Mohammed V de Rabat [Agdal]) |
| Abstract: | West Africa has a certain number of emerging countries in 2022, despite the Covid 19 pandemic, which has greatly reduced the economic growth of certain countries, and also the health situation, some countries have as well managed to recover their economic growth to rise among the developing countries. These include the richest countries in West Africa : Nigeria, Ghana, and Ivory Coast. Indeed, Côte d'Ivoire is an economic power in the region thanks to several criteria, and which are the result of the development of its economic and financial policy over the past decades, and also the development of its much more sectoral policy. targeted with effective results. This work seeks to determine the bases of these economic powers in West Africa, taking the case of Côte d'Ivoire, of which it consists of presenting on the one hand, the current economic situation in West Africa, and on the other hand, study the economic power model for the case of Côte d'Ivoire. |
| Abstract: | L'Afrique de l'Ouest dispose d'un certain nombre de pays émergents en 2022, malgré la pandémie du Covid 19, qui a beaucoup réduit la croissance économique de certains pays, et aussi la situation sanitaire, certains pays ont comme même réussi à redresser leurs croissances économiques pour se hisser parmi les pays en voie de développement. Il s'agit notamment des pays les plus riches en Afrique de l'Ouest que sont le Nigéria, le Ghana, et la Côte d'Ivoire. En effet, la Côte d'Ivoire est une puissance économique dans la région grâce à plusieurs critères, et qui sont le résultat de développement de sa politique économique et financière depuis une dizaines d'années, et aussi le développement de sa politique sectorielle beaucoup plus ciblée avec des résultats performants. Le présent travail cherche à déterminer les bases de ces puissances économiques en Afrique de l'Ouest, en prenant le cas de la Côte d'Ivoire, dont il consiste à présenter d'une part, la situation économique actuelle en Afrique de l'Ouest, et d'une autre part, étudier le modèle de puissance économique pour le cas de la Côte d'Ivoire. |
| Keywords: | West Africa, Economic development, economic power, Ivory Coast, Afrique de l’Ouest, Développement économique, puissance économique, Côte d’Ivoire |
| Date: | 2024–08 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04677208 |
| By: | Lampe, Florian |
| Abstract: | The West African Economic and Monetary Union (WAEMU) is a currency and customs union that is made up of the eight low-income countries Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. Except for Guinea-Bissau, all member countries of the WAEMU have a shared history as former French colonies. The WAEMU's common currency, the CFA franc, is today pegged to the euro at a fixed exchange rate that is guaranteed by the French treasury. France's influence on monetary policy issues of the WAEMU is still highly present and increasingly contested by political economists, and part of the member countries' civil society. These critics denounce the bilateral exchange rate arrangements as monetary colonialism that outlasted the political independence process from 1954 till 1960 and prevents the West African countries from implementing growth-oriented macroeconomic policies. The proponents of the fixed exchange-rate regime emphasize monetary stability in the form of relatively low inflation rates and a stable external value of the domestic currency. Indeed, the WAEMU zone has shown a remarkably long period of exchange rate stability for the past 30 years. This distinguishes it from Developing and Emerging Economies (DEE) in Latin American or Asian countries in the 1990s and early 2000s, which reacted to balance of payments crises with the introduction of floating exchange rate regimes. The present paper connects to that controversial debate and addresses the important research question if the argument of monetary stability holds considering the current development path of the WAEMU. More concretely, it contrasts the monetary union's resilience against the adverse effects of exchange rate volatility with international competitiveness and a long-term perspective on external debt. On the theoretical level, the study draws on the post-Keynesian liquidity preference theory to elaborate the exchange rate challenges that DEE with internationally integrated financial markets are confronted with. This approach highlights the hierarchical structure of the international monetary system and the resulting adverse implications for peripheral currency areas regarding monetary stability. Furthermore, monetary Keynesian economist have worked out the limitations of an exchange rate-based stabilization strategy arguing that it comes at the expense of losing international competitiveness and a rising international debtor position. These findings serve as a theoretical basis for studying the sustainability of the WAEMU's development path. |
| Keywords: | WAEMU, CFA franc, Post-Keynesian Economics, international currency hierarchy |
| Date: | 2024 |
| URL: | https://d.repec.org/n?u=RePEc:zbw:cessdp:301871 |
| By: | Mounira Boulmelh (UMSBJ - Université Mohammed Seddik Benyahia [Jijel] | University of Jijel) |
| Abstract: | This study aims to highlight the importance of artificial intelligence systems in achieving traffic safety in Algeria by analyzing the situation of traffic accidents over the period from 2010 to 2023. It also aims to showcase the efforts and measures taken to implement artificial intelligence systems to reduce these accidents and propose suitable solutions to achieve economic performance. The study found that, in the field of traffic safety in Algeria, many regulatory measures and efforts have been taken; however, these laws have not succeeded in reducing traffic accidents. Regarding the application of artificial intelligence systems, their use is limited to security services only, such as radars and cameras. |
| Keywords: | Artificial Intelligence Traffic Safety health economics Economic Performance JEL Classification Codes: H51 I11 J28 K32 R41, Artificial Intelligence, Traffic Safety, health economics, Economic Performance JEL Classification Codes: H51, I11, J28, K32, R41 |
| Date: | 2024–06–30 |
| URL: | https://d.repec.org/n?u=RePEc:hal:journl:hal-04678760 |