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This paper examined finance-growth nexus in the finance industry and the influencing factors of economic indicators which deliberate on the performance of the Solow Growth model to prove the actuality of financial development (FD) inside the economic growth (EG) model, based on the regional data from 1980 to 2017 in Africa. We applied the econometric method of GMM style panel vector autoregressive (PVAR) and panel quantile regression (PQR). With the optimal finance-growth outcome, the review shows that the economic indicators influence the finance-growth nexus. The quantile results show that high economic indicators help to strengthen the finance-growth nexus, whereas low economic indicators hinder it. The GMM style PVAR results present a mixed effect in terms of the connection and marginal significance, indicating that FD has a varied impact on economic growth. Last, the granger causality results show a two-way causal association amid finance-growth in Western, Central, Eastern, and Southern African economies and a unidirectional causal link of finance-growth in Northern Africa. The policy conclusion is that to gain the long-term economic benefits of FD, African countries should strive for low and steady economic stability. To attain the required economic stability, it may be important to use suitable fiscal and monetary policies. [ABSTRACT FROM AUTHOR]

The challenges that have come with the attainment of this independence remain a concern to myriad citizens of this continent. One of the challenges often cited as a crippling factor in the economic development of these "newly created" states is the overly centralised economy. Capital cities have become the domain ofeconomic activity, leaving in the lurch peripheral areas such as towns around the borders and rural localities. The ruling elite, together with their trusted accomplices, continue unashamedly to benefit from state resources while the rest of the populace remains destitute and poverty-stricken. Relying on evidence recently collated in the Aflao Border between Ghana and Togo, and using social exchange theory as a guiding theoretical framework, my task in this article is to probe contextual dynamics underpinning the interface between regional economic bodies such as ECO WAS; and informal trading networks which continue to claim a strategic role as the emerging economic powerhouse on the African continent. [ABSTRACT FROM AUTHOR]

As a sub-Saharan country, Mauritius has been branded a success story in terms of its sustained economic growth performance, with major improvements in the living standards of its population at large over the past few decades. This paper has the objectives of revisiting this success story, essentially by analyzing the numerous policies that have been adopted, to provide insights into Africa's policy options. The Mauritian case study demonstrates that no single dose of economic reforms may generate growth dividends to perpetuity, especially when the current economic environment differs from initial conditions. [ABSTRACT FROM AUTHOR]

The ideology of neo-liberalism is currently dominant at the elite level. This has profound implications for how development is viewed as best pursued. Currently, a process of regionalization projects, at both the macro- and micro-level, are reconfiguring parts of Africa as the continent's elites seek to promote economic integration as a means of latching onto what is perceived as the globalization juggernaut. However, such processes, and the case of the Maputo Development Corridor (MDC) is provided as a case study, cannot simply be defined as top-down projects to reconfigure spatial areas along neo-liberal lines: globalization and regionalization stimulates reactions involving the re-organization and re-territorialization of spaces in order to meet the challenges posed. Though existing regionalist projects, such as the MDC, reflect the impulses of a neo-liberal world, space for contesting alternatives exists and is nascent, with counter-reactions being continually generated, with diverse forms of regional connectivities being constructed. Analyses of the new regionalisms must be cognisant of such pregnancy within such ongoing processes. [ABSTRACT FROM AUTHOR]