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Publications (18)
Working Paper
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This paper examines the current interest in addressing the problem of young people’s unemployment in Africa through agriculture. Using notions of transitions and mobilities we set out a transformative work and opportunity space framework that privileges difference and diversity among work...
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Technical, vocational education, and training has remained an explosive topic because it can create a divided society in terms of education and the benefits associated with it. Internationally, it has always been a complex and controversial topic compared to the general education strand. It has...
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– Lessons from South Africa’s Training and Education Programme
Vocational training programmes, like South Africa’s learnership programme, which combine classroom learning and on-the-job training seem like the type of intervention which can create skills, get young people into jobs quicker, and reduce youth unemployment. This paper uses a longitudinal dataset of...
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– Prospecting a Mineralized Future
Over the last fifteen years many African countries have experienced a ‘mining take-off’. Mining activities have bifurcated into two sectors: large-scale, capital-intensive production generating the bulk of the exported minerals, and small-scale, labour-intensive artisanal mining, which, at present...
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– Post-Millennial Cases of Mobility and Sociality
With a focus on cities in eastern and southern Africa, this paper draws on recent scholarship and my own research in Lusaka, Zambia, to analyse pathways for, and challenges to, greater social mobility for youth against the background of economic, political, and spatial processes that are affecting...
Members of the CFA-zone enjoy currency convertibility, fiscal and monetary policies which are more prudent than SSA as a whole, and a large amount of financial and technical assistance. These advantages do not appear, however, to have resulted in more rapid economic and human development in the CFA...
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– A West African Example
We construct a structural macroeconometric model for member states of the West African Economic and Monetary Union. Fitting this model to annual and quarterly time series data allows us to identify the channels through which macroeconomic innovation in one country impact on other countries in the...
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In this paper we fit a VECM in output and prices to data from ten countries of the CFA Franc Zone. This model allows for various cross-country interactions in both the short run and the long run. The VECM parameters are used to estimate persistence profiles of different kinds, in order to identify...
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– Estimating Interest Rate Rules for the BCEAO
This paper examines to what extent the central bank for the West African Economic and Monetary Union (BCEAO) has used interest rate policy in response to domestic economic developments. We show that while in the long run the BCEAO matches changes in French (Eurozone) interest rates one for one, in...
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This paper brings out that poverty increased massively in the wake of the 1994 devaluation of the CFA franc, despite a significant recovery of economic growth. Although this increase affected all the social groups, it fell mostly on the urban poor. An analytical model is presented, which explains...
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L’objectif de cet étude est d’analyser l’état de la convergence dans l’UEMOA, de 1980 à 2001, à travers les critères de convergence définis dans son pacte de convergence. On utilise l’approche méthodologique de Haldane et Hall (1991) pour appréhender la dynamique des variables économiques du pacte...
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– Evidence from West Africa
In this paper we use data from 17 African nations in order to investigate the hypothesis that monetary union – represented in this case by the CFA Franc Zone – augments the extent of macroeconomic integration. The paper covers a number of dimensions of integration including the volume of bilateral...
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– Country-level Credit Policy
This paper examines whether the BCEAO has made use of the various policy instruments at its disposal for steering credit in the individual CFA zone member countries to complement interest rate policy at the zone level. We estimate whether private sector credit has responded systematically to...
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– The Choice of an Exchange Rate Regime for the CFA Countries Zone
The paper determines an analytical framework defining the choice of an optimal exchange rate regime for a typical CFA country. The policymakers behave strategically to decide to adopt alternative exchange rate regime by minimizing their loss function under specific constraints like economic...
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– A Comparative Study Using Innovation Accounting
This paper investigates the impacts and responses of macroeconomic shocks in some domestic economies in Sub-Saharan Africa over the period 1961-99; more specifically, it seeks to answer the question of whether there are any systematic differences in the responses of the CFA franc zones and the non...
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– Time-series and Cross-country Evidence from the CFA-zone Countries of sub-Saharan Africa
The causes of the slow growth of CFA countries are investigated. There is little difference in this respect between the CFA and other sub-Saharan African countries. Since 1970, GDP growth in the CFA countries has shown no significant trend but one or two medium-term fluctuations (positive in 1979-83...
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