This empirical study aims to investigate the effects of political instability on economic volatility and monetary policy conduct. The econometric methodology adopted is the Panel Auto-Regressive Distributed Lag (PARDL). The instability variable was…
Purpose – Using panel data for the Regional Comprehensive Economic Partnership (RCEP) member states, the present study explored the role of RCEP negotiations on tourism development.
Design/methodology/approach –Adynamic econometric model, namely the…
Economic, financial, and social ties are strong between the European Union and its neighborhood. More resilient societies in the EU’s neighborhood would mean that they are liable to suffer less damage from regional conflicts and global crises – and…
AbstractOrientation: The South African Tourism Act of 2014 on improving the level of tourist attraction for sustainable development in South Africa has been promulgated to ensure quality tourism products and improve the growth and…
Foreign currency shortages remain a perennial challenge in Zimbabwe leading to several spillover effects such as shortages in electricity, raw materials, fuel, inflation among other market distortions. The central bank introduced the Dutch Auction…
Le financement de la transition écologique en Afrique francophone: le rôle de la politique monétaire
The COVID-19 pandemic and the slowdown in the global economy are hitting hard many African countries, especially those already struggling with the negative effects of climate change. In this context, transitioning towards a more ecologically…
Tourism and foreign real estate investment (FREI), both represent important sources of foreign income for some emerging nations. Mauritius, a small island economydepends largely upon tourism and it has been promoting FREI over the past two decades…
Using country-level panel data, this study investigates the impact of foreign direct investment on the gross domestic product per capita in the Common Market for Eastern and Southern Africa region over the 2000- 2015 period. The estimates are…
The contribution of the tourism sector towards the development of host nations is undeniable in that it provides several benefits such as creation of employment, generation of added value and tax revenue, and boosting of inward foreign direct…