📊 New paper. Has AfCFTA increased foreign direct investment in West Africa?
I test this with a difference-in-differences design across 25 African economies (2015 to 2024). 15 ECOWAS members vs. 10 Central African controls, before and after AfCFTA's 2021 launch.
🧵 1/4
It is official: I defended my PhD dissertation on fiscal policy and investment across West Africa, my third doctorate alongside my EdD and DBA. Grateful to my committee, my auditors, and my family. On to the next chapter. #PhD#Doctorate#ECOWAS
Bottom line: regional integration appears to support FDI inflows, but macroeconomic discipline remains a precondition.
Open access in IJEFI 16(3), pages 46 to 54:
https://t.co/ThlE9f19Sv
Replication data:
https://t.co/SN46yCwaY3
#AfCFTA#ECOWAS
📊 New paper. Has AfCFTA increased foreign direct investment in West Africa?
I test this with a difference-in-differences design across 25 African economies (2015 to 2024). 15 ECOWAS members vs. 10 Central African controls, before and after AfCFTA's 2021 launch.
🧵 1/4
Inflation emerges as the strongest negative determinant of FDI inflows across the panel. More so than political risk or trade openness in my specifications.
For West African policymakers: macroeconomic stability matters as much as integration policy.
3/4
Greatness, all-around @Simone_Biles 🏅
Simone Biles secures her 6th Olympic gold medal. More than any American gymnast, male or female, in history. #ThatsAW
Terribly sad news. I’ve been a friend and fan of Sam Rubin and KTLA since he started. He was the best absolute best. Kind and funny. Sam was even a better father. I’m so sorry for his family 💔
Truly heartbreaking to hear of the passing of Sam Rubin from KTLA morning news. He made my mornings, my band and me, more interesting and entertaining than they deserved to be…
Thank you Sam, Rest Easy 🙏💚
From record-breaking job growth to expanding health care coverage, @JoeBiden has spent each and every day working on behalf of the American people. I can’t say the same about the guy running against him.