Publications
July 26, 2016
Extra-ECOWAS Trade And Investment Flows: Any Evidence Of Business Cycles Transmission
This
study investigates the effects of merchandise trade and investment flows on the
transmission of business cycles between members of ECOWAS and the major trading
partnersbetween 1985 and 2014. Total trade and FDI significantly influence the
transmission of business cycles with elasticities of 1.1% and 0.7%,
respectively in the long run. There are little variations across the major
trading partners and other measures of trade flows. Intra-industry trade flows
with all partners, EU and USA influences the cross-country business cycles with
elasticities of 1.0%, 0.5% and 1.8%, respectively.
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Political Decentralisation And Natural Resource Governance In Nigeria
The paper discusses Natural Resource
Control and how it is affected by governance in Nigeria with focus on two
oil-producing states. It also examines sub-national accountability in the use
of natural resource revenues.