African Stock Market Performance Dynamics: A Multidimensional Convergence Assessment

Abstract

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. convergence for the most part is between 12% and 28% per annum. As a policy implication, countries should work towards adopting common institutional and structural characteristics that favor stock market development. Terms of use: Documents in

Correcting Inflation with Financial Dynamic Fundamentals: Which Adjustments Matter in Africa?

“…Ultimately, low inflation in Africa would improve opportunities for efficient alternative forms of investment in compensation for the failed privatization projects. Consistent with Asongu (2012Asongu ( , 2013a SSA's share of Foreign Direct Investment (FDI) averages 1% of global flows (Bartels et al, 2009) and there is a pressing need for generation of private capital flows that are complementary to FDI (Rolfe & Woodward, 2004). Low inflation will ease the recommendation of Darley (2012) in the expansion of regional trade arrangements as key to looking outside traditional flows of FDI to Africa, which have been largely limited by political economy considerations, regulatory uncertainty, skills, labor, regulation and exchange rate volatility (Bartels et al, 2009;Tuomi, 2011).…”

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Harmonizing Iprs on Software Piracy: Empirics of Trajectories in Africa

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