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Revue de Recherches en Economie et en Management Africain, 2018
The purpose of this work is to verify the impact of governance (indicators such as democracy and ... more The purpose of this work is to verify the impact of governance (indicators such as democracy and corruption) in the link between official development assistance and economic growth in the countries of the CEMAC zone. Thus, from our dynamic panel data model linking economic growth and explanatory variables including official development assistance and our two selected governance indicators, we use the Generalized Moments (GMM) method to estimate our model; our sample being made up of the six countries of the CEMAC zone (Cameroon, Congo, Gabon, Equatorial Guinea, Central African Republic and Chad) and our study period extends from 1996-2013. The results obtained indicate that governance has an effect on the effectiveness of official development assistance only in the long term. It therefore appears urgent for the leaders of recipient countries to strive to reform the quality of their democratic situation while improving anti-corruption measures for efficient use of aid, particularly investment in areas that could propel countries in the CEMAC zone to increase their growth.
African Development Review
The establishment of the continental free trade area in Africa is an important step forward for t... more The establishment of the continental free trade area in Africa is an important step forward for the creation of a market of significant size in a context of sluggish job creation. This study examines the effects of intra‐African exports on aggregate and sectoral employment using the fixed‐effects model with Driscoll‐Kraay standard errors. The data covers 44 African countries over the period 1995–2018. The results show that intra‐African exports increase both sectoral and aggregate employment. Despite the marginal size of intra‐African trade, its effect on employment is greater than that of extra‐African exports. Our results also show that intra‐African exports of primary products create jobs in the agricultural sector, while its effect on employment in the two other sectors is not statistically significant. African countries should therefore increase employment through higher processing of primary products.
The purpose of this work is to study the coherence for development between the Official Developme... more The purpose of this work is to study the coherence for development between the Official Development Assistance (ODA) and the foreign trade of Cameroon .Sub-Saharan African countries are the least integrated countries in world trade at the same time as the region is the main beneficiary region of ODA. It is also the region where poverty is increasing most. It seems that the inefficiency of the ODA is due to an incoherence of the policy of official development aid and the other policies of the countries of the North with respect to the Countries of the South. To elucidate this paradox, an empirical study is carried out on the link between ODA and foreign trade of Cameroon. Thus the gravity model measuring the impact of the bilateral ODA flow on Cameroon's bilateral trade flow with 16 OECD countries is specified. The estimates of this model using the Ordinary Least Squares method show that the increase in the volume of official development assistance increases the volume of imports...
Revue de Recherches en Economie et en Management Africain, 2018
The purpose of this work is to verify the impact of governance (indicators such as democracy and ... more The purpose of this work is to verify the impact of governance (indicators such as democracy and corruption) in the link between official development assistance and economic growth in the countries of the CEMAC zone. Thus, from our dynamic panel data model linking economic growth and explanatory variables including official development assistance and our two selected governance indicators, we use the Generalized Moments (GMM) method to estimate our model; our sample being made up of the six countries of the CEMAC zone (Cameroon, Congo, Gabon, Equatorial Guinea, Central African Republic and Chad) and our study period extends from 1996-2013. The results obtained indicate that governance has an effect on the effectiveness of official development assistance only in the long term. It therefore appears urgent for the leaders of recipient countries to strive to reform the quality of their democratic situation while improving anti-corruption measures for efficient use of aid, particularly investment in areas that could propel countries in the CEMAC zone to increase their growth.
African Development Review
The establishment of the continental free trade area in Africa is an important step forward for t... more The establishment of the continental free trade area in Africa is an important step forward for the creation of a market of significant size in a context of sluggish job creation. This study examines the effects of intra‐African exports on aggregate and sectoral employment using the fixed‐effects model with Driscoll‐Kraay standard errors. The data covers 44 African countries over the period 1995–2018. The results show that intra‐African exports increase both sectoral and aggregate employment. Despite the marginal size of intra‐African trade, its effect on employment is greater than that of extra‐African exports. Our results also show that intra‐African exports of primary products create jobs in the agricultural sector, while its effect on employment in the two other sectors is not statistically significant. African countries should therefore increase employment through higher processing of primary products.
The purpose of this work is to study the coherence for development between the Official Developme... more The purpose of this work is to study the coherence for development between the Official Development Assistance (ODA) and the foreign trade of Cameroon .Sub-Saharan African countries are the least integrated countries in world trade at the same time as the region is the main beneficiary region of ODA. It is also the region where poverty is increasing most. It seems that the inefficiency of the ODA is due to an incoherence of the policy of official development aid and the other policies of the countries of the North with respect to the Countries of the South. To elucidate this paradox, an empirical study is carried out on the link between ODA and foreign trade of Cameroon. Thus the gravity model measuring the impact of the bilateral ODA flow on Cameroon's bilateral trade flow with 16 OECD countries is specified. The estimates of this model using the Ordinary Least Squares method show that the increase in the volume of official development assistance increases the volume of imports...