Charting African Prosperity Gospel economies

THE GLOBALISATION OF CHARISMATIC CHRISTIANITY Spreading the Gospel of Prosperity

Evidence from African Economies

The paper explores the impact of a binding external debt-servicing constraint on the sectoral composition of government expenditures in the economies of Africa, where this constraint has traditionally been most prevalent. Applying seemingly unrelated regression (SUR) to 1975-94 five-year panel data for 35 countries, the paper finds that the implied debt service burden adversely affects the shar...

Redesigning African Economies

South African Psychiatry - charting a way forward.

Sources of Slow Growth in African Economies

This paper offers some econometric evidence on the sources of slow growth in Sub-Saharan Africa. The evidence suggests that the continent’s slow growth can be explained in an international cross-country framework, without the need to invoke a special explanation unique to Sub-Saharan Africa. We find that poor economic policies have played an especially important role in the slow growth, most im...