The study examined the impact of disaggregated public expenditure on unemployment rate in Angola, Togo and Tunisia with panel data spanning from 2000 to 2017. The data were majorly sourced from the World Bank Indicator. The study employed Generalized Method of Moments (GMM) techniques for empirical analysis. The findings of two-step system GMM showed that expenditure on infrastructure and education reduce unemployment rate, while expenditure on defense and health increase unemployment rate in the region. The short-run elasticity estimate showed that infrastructure and education expenditures reduce unemployment rate by 9% and 1.83%. A unit rise in defense and health expenditure increase unemployment rate by 5.2% and 84.5%. The long-run elasticities of infrastructure and education expenditure reduce unemployment rate by 3.8% and 7.89%, while the long-run defense and health expenditure elasticities increase unemployment rate by 22.and Tunisia. The policy implication is that, the positive relationship between expenditure on health and unemployment could be attributed to mismanagement of government funds due to corruption, while that of defense and unemployment could be high rate of insecurity and crimes in the region.Therefore, the study recommended among others a drastic measure to further improve the education sector through adequate investment in education that will help in skills, development and training.

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This study examined the long run and short run dynamic relationships between macroeconomic variables and FDI in West Africa using recent econometric techniques for Granger non-causality and PMG/ARDL for period of 1990 to 2016. Controlling for the influence of trade openness and exchange rate, the long-run effect of Foreign Direct Investment (FDI) on economic growth and gds are found to be positive and statistically significant. FDI is found to be negative and statistically significant on unemployment indicating that an increase in FDI would significantly reduce unemployment in the selected West African nations in the long-run. The coefficient of error correction model in all the specifications is negative and significant indicating that the short-run disequilibrium is corrected in the long-run. Panel Granger causality tests result indicates that causality do not run from any direction in the short run which could be attributed to poor economic activities among this developing countries and an important revelation for policy implication.

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