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This study employs panel analysis to examine the determinants of foreign direct investment (FDI) in Brazil, Russia, India, China, and South Africa (BRICS) and Mexico, Indonesia, Nigeria, and Turkey (MINT) using data for eleven years i.e. 2001 – 2011. First, it uses pooled time-series cross sectional analysis to estimate the model on determinants of FDI for three samples: BRICS only, MINT only, and BRICS and MINT combined; then, random effects model is also employed to estimate the model for BRICS and MINT combined. The results show that market size, infrastructure availability, and trade openness play the most significant roles in attracting FDI to BRICS and MINT while the roles of availability of natural resources and institutional quality are insignificant. Given that FDI inflow to a country has the potential of being mutually beneficial to the investing entity and host government, the challenge is on how BRICS and MINT can sustain the level of FDI inflow and ensure it results in economic growth and socio-economic transformation. To sustain the level of FDI inflow, governments of BRICS and MINT need to ensure that their countries remain attractive for investment. BRICS and MINT also need to ensure that their economies absorb substantial skills and technology spillovers from FDI inflow to promote sustainable long-term economic growth by investing more in their human capital. The study is significant because it contributes to literature on determinants of FDI by extending the scope of previous studies which often focus only on BRICS.

 


The aim of this article is to examine and measure the importance of the development of the creative industry in the fight against youth unemployment in Cameroon. Based on data both from an existing data base and a small survey we undertook, we have conducted prior a statistical analysis of the labor market to describe the importance of youth unemployment issue in Cameroon and highlighted the usefulness of development of creative industries as a potential solution to this problem. Thereafter, using the social accounting matrix that we constructed previously, we have made an analysis of the feasibility and impact of the development of creative activities on youth employment reduction. This analysis allowed us to highlight the fact that youth are the most affected by unemployment. It also showed the potential of the development of creative industry to solve this problem. These results led us to some practical policy recommendations for the development of the creative industry of Cameroon which, with its multidimensional aspect, could contribute more to absorb much of youth unemployment.

 


La présente étude a consisté à effectuer une identification et une évaluation descriptive des niveaux de responsabilité des acteurs dans le problème de financement des PME du Cameroun en adoptant une approche hypothético-déductive. Ce d´autant plus qu´au Cameroun en plus d´un paysage d´entrepreneuriat timide, le secteur privé est constitué à plus de 90% de PME peu viable faute de financement; Situation qui tend à s´accentuer avec l´avènement des crises financières. Sur la base des données d´enquête auprès des acteurs du financement à partir d´un échantillon de 413 PME du Cameroun, les résultats de notre analyse montrent que le déficit de financement externe est expliqué à la fois par le comportement des trois acteurs dans le processus que sont : L´état qui devrait prendre des mesures d´assainissement du circuit du financement pour permettre au secteur financier de jouer son rôle et aux promoteurs des PME d´éviter des barrières à l´entrée pour en bénéficier ; Les promoteurs des PME qui devraient maximiser leur chance de bénéficier des offres de financement ; Les institutions financières qui embrayer le pas à l´état en assurant l´objectivité dans mécanisme de financement des PME.


Poverty has remained a stubborn challenge in the Niger Delta Region of Nigeria amidst abundant natural resources. The adult population of the Niger Delta especially women are the most affected and financially excluded. The sheer complexity of the Niger Delta with coastal waterways, creeks and islands creates unique challenges that cannot be underestimated.  A clear understanding of the link between financial inclusion and poverty at the rural level is key to optimal design, innovation and implement of financial services necessary for reduction of poverty. Existing literature on financial inclusion is extended in this paper by focusing on micro regional study such as the Niger Delta Region of Nigeria. The study surveyed the extent of poverty using monthly income distribution, and degree of financial inclusion using access and usage of products and services. Findings show that women are more financially excluded. That since the population is agrarian in nature, oil and gas spillage have polluted the environment with no place to farm rendering the entire population poor with no fertile land for livelihood. Findings also shows that majority of the population are unbanked and do not know how to use telephones for banking even when they have. Majority of the population are highly discouraged using financial products and services especially ATM for fear of debiting without payment, long queues, far distance to places of location, high interest rates on loans and difficulty in accessing credit from financial institutions.   Findings from the study suggest that the provisions of optimal digital financial services and products in this rural community with adequate education and advocacy for all the population will broaden financial inclusion, thereby contributing to poverty reduction.


This paper examines how Africa´s share in the contribution to global scientific knowledge can be boosted with existing Intellectual Property Rights (IPRs) mechanisms. The findings which broadly indicate that tight IPRs are correlated with knowledge contribution can be summarized in two main points. First, the enshrinement of IPRs laws in a country´s Constitution is a good condition for knowledge economy. Secondly, while Main IP laws, WIPO treaties and bilateral treaties are positively correlated with scientific publications, the IPRs law channel has a negative correlation. Whereas the study remains expositional, it does however offer interesting insights into the need for IPRs in the promotion of knowledge contribution within sampled countries of the continent. Other policy implications are discussed.

 

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