Does infrastructure really explain economic growth in Sub-Saharan Africa?

O Kodongo, K Ojah - Review of Development Finance, 2016 - journals.co.za
In light of Africa's palpable deficit in public infrastructure, we use System GMM to estimate a
model of economic growth augmented by an infrastructure variable, for a panel of 45 Sub …

[HTML][HTML] External debt and economic growth in Sub-Saharan Africa: does heterogeneity in the quality of public sector management make a difference?

JN Sandow, EF Oteng-Abayie, E Duodu - Heliyon, 2022 - cell.com
This study empirically examines the effect of external debt on economic growth, taking into
account heterogeneity in public sector management (PSM) across 31 selected sub-Sahara …

Bond market development and infrastructure-gap reduction: The case of Sub-saharan Africa

O Kodongo, P Mukoki, K Ojah - Economic Modelling, 2023 - Elsevier
Infrastructure development and it's financing have featured jointly in the economic
development discourse. We consider the linkages between the two in the African context by …

Modelling external debt–growth nexus: how relevant is governance?

WO Shittu, NA Ismail, AR Abdul Latiff… - Journal of Financial …, 2020 - emerald.com
Purpose Amongst the major concerns of sub-Sahara Africa are the rising external debt and
poor performances in governance. This paper aims to lend a voice to the relevance of …

[HTML][HTML] Exploring the channels of transmission between external debt and economic growth: Evidence from Sub-Saharan African countries

A Hassan, D Meyer - Economies, 2021 - mdpi.com
This study aimed to determine the channels through which external debt transmits its impact
on economic growth in sub-Saharan African (SSA) countries. To this end, panel data …

How do natural resource endowment and institutional quality influence the nexus between external indebtedness and welfare in Africa?

S Muhanji, K Ojah, I Soumaré - Economic Systems, 2019 - Elsevier
Resource-rich African countries are often saddled with high external indebtedness. Yet, their
management of resource endowment, a logical source of debt repayment, also remains a …

Sub‐Saharan Africa's rising public debt stock: Is there a cause for concern?

OO Olaoye, PA Olomola - South African Journal of Economics, 2023 - Wiley Online Library
The study investigated public debt sustainability in sub‐Saharan Africa (SSA) by testing the
reaction of the primary balance to positive and negative shocks in public debts in a panel of …

Global Liquidity, the Private Sector and Debt Sustainability in Sub‐Saharan Africa

B Bonizzi, C Laskaridis… - Development and …, 2019 - Wiley Online Library
This article analyses the effect of changes in international financial markets on the debt
dynamics in sub‐Saharan Africa in recent years. A key development is the rise of the private …

Financial sector development and natural resource rents: the role of institutions in Sub-Saharan Africa

JN Sandow, EF Oteng-Abayie, D Sakyi… - … Science and Pollution …, 2022 - Springer
Institutions are important in analyzing the relationship between natural resource rents and
financial sector development. The existing research has not unanimously established the …

Financial markets development in Africa

K Ojah, O Kodongo - Monga, C. and Lin, JY (edd.) The Oxford …, 2015 - books.google.com
What is the state of Africa's financial markets development and what should it be? The
answers to these questions reside within the context of the finance—growth nexus. The …