Institutions, investment and growth in the WAEMU

The objective of this study was to assess the effects of governance on the dynamics of private and public investment and economic growth in the WAEMU between 2002 and 2012. Using a VAR panel, the econometric results of the different models show that socio-political instability, corruption and poor regulation of economic activity were constraints on investment and economic growth. Furthermore, they show that political instability reduces the externalities of public investment on private investment in the Union.

Autorentext

Dopo un DEA in Economia delle risorse umane e un dottorato di ricerca in Economia, dal 2013 il dott. Fousséni Ramde è docente-ricercatore presso l'UFR-SJPEG dell'Università Nazi Boni. Da marzo 2014 è titolare dei corsi di Microeconomia I e II, Economia politica I e II.