Titlebook: Regional Integration and Policy Challenges in Africa; Adam B. Elhiraika (Director),Allan C. K. Mukungu ( Book 2015 Palgrave Macmillan, a d

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External Debt, Quality of Institutions, and Economic Growth in WAEMU the means and strategies needed to reorient their economic development policies. However, the economic, financial, and institutional situation in the 1960s was too bleak to guarantee economic take-off in the West African Economic and Monetary Union (WAEMU) member states. Hence, recourse to external

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Financial Integration and Economic Growth: Portfolio Equity Flows to Sub-Saharan Africations of unrestricted capital flows into developing countries. The neoclassical theory predicts the potential benefits of financial integration, but the empirical evidence of real benefits to long-term macroeconomic growth remains highly contested (Prasad et al., 2003).

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Monitoring Fiscal Sustainability in Africand a mounting stock of debt has often forced many central banks around the continent to implement unfavorable monetary policies, leading to macroeconomic instability. The important question then is, what are the symptoms and sources of this fiscal instability; that is, on which side of the budget do