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A Panel Data Analysis of Sub-Saharan Africa's Economic Growth
Hostačný, Jakub ; Cahlík, Tomáš (advisor) ; Bobková, Božena (referee)
This thesis examines the relationship between real GDP per capita growth rate of Sub-Saharan Africa countries and various variables suggested by theoretical literature related to Solow model or endogenous growth theories. The set of most commonly used variables is further extended by additional variables which have not been given an ample attention in the context of analysis of SSA countries' economic growth so far. The econometric analysis uses unbalanced panel data set comprising annual observations on 45 SSA countries between 1980 and 2011 applying a simple pooled OLS and FE estimation. We also touch IV estimation to address endogeneity problem. Moreover, we test the sensitivity of parameter estimates. Along with the analysis of total set of SSA countries, we subgroup countries into 4 groups - oil exporters, middle-income countries, non-fragile low-income countries and fragile countries. We present results for each group. The results support the findings of earlier empirical studies related to most commonly variables associated with economic growth, except the negative effect of population growth rate and conditional convergence hypothesis. The analysis of additional factors reveals the strong relevance of latitude, colonial heritage and landlockedness, while no systematic effect of neither...
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Comparison of U.S. and China's Policy Towards Africa 1990-2010 With a Special Focus on Angola and Sudan: Resources and Geopolitics
Kindl, Lukáš ; Sehnálková, Jana (advisor) ; Raška, Francis (referee)
The Master's thesis deals with China's increased engagement in Sub-Saharan Africa after 2000 and its impact on U.S. political and economic interests on the continent. In the first decade of the new millennium, China's search for natural resources, especially oil, to satisfy its growing demand, need to find new markets for exports, as well as China's aspiration to enhance its position at the international stage led Beijing to pay greater attention to Africa. China started to engage African countries through a combination of development assistance with no strings attached, except for the one-China principle, and high-profile diplomacy. The United States has become concerned that China might jeopardize its programs on democratization and governance and become a fierce economic competitor in Africa. In the first two chapters, the thesis describes the interests of China and the U.S, respectively, the main actors involved in the countries' respective Africa policies, and strategies and concrete policies these two world powers implement in Africa. The third chapter compares the U.S. and China's engagement in three case studies - on Nigeria, Angola and Sudan. The fourth chapter provides a comparison of the general features of the American and the Chinese policies towards Sub- Saharan Africa. The chapter...
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New Regionalism and Sub-Saharan Africa
Řehák, Vilém ; Kučerová, Irah (advisor) ; Lukáš, Ivan (referee)
The diploma thesis "New Regionalism and Sub-Saharan Africa" deals with the question of economic integration in Africa and its theoretical reflexion. First chapter deals with the question whether different integration theories are applicable to African reality or not. Author subsequently analyzes Pan-Africanism as a specifically African ideology, classical economic integration theories, classical theories of political science on integration and modern theories of political science, with the conclusion that neither of these theories provides explanation of speeding up African integration in recent years. Chapter two deals with the phenomenon of so-called "new regionalism" as a process in world economy, second part deals with different theoretical conceptions and theories trying to describe and theorize about this process. Chapter three briefly describes evolution of African integration from its colonial starts to the newest initiatives connected with the transformation of Organization of African Unity into African Union. Chapter four offers five case studies of integration in different regional organizations. Each case study outlines starting position in 1991 in the sense of creation of organization, its aims and evolution of integration up to signing of the Abuja Treaty creating African Economic...
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The impact of a new scramble for Africa between the EU and China - a comparative case study of foreign direct investment in Senegal and Zambia
Mocák, Filip ; Kučerová, Irah (advisor) ; Mazač, Jan (referee)
The goal of this research is to shed light on the impact of European foreign direct investment and growing Chinese foreign direct investment in Sub-Saharan Africa through lenses of neocolonialism and orientalism. A case study analysis is utilized to grasp the topic appropriately. Two case studies were set - Senegal and Zambia case study. While Senegal serves predominantly as a case study for the impact of EU foreign direct investments, The case study of Zambia helps to understand how Chinese FDI inflow affects Sub-Saharan countries. Therefore, six hypotheses were outlined. This work researches the impact of FDI on the level of democracy represented by the democratic index of The Economist Intelligence Unit, business freedom embodied in The Heritage Foundation's economic freedom index, and stability of state symbolised by the fragile state index studied by The Fund for Peace. All three indexes above are available for free online. The correlation between EU FDI and level of democracy was confirmed while Chinese FDI negatively affects democratic development in studied countries. Next, European FDI positively affects the level of economic freedom in Senegal as well as Zambia. Nevertheless, increased Chinese FDI inflow to the countries deteriorated their economic freedom. Lastly, there is no clear...
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Three essays in Development Economics
Valíčková, Petra ; Cahlík, Tomáš (advisor) ; Janda, Karel (referee) ; Ščasný, Milan (referee) ; Nicolas, Claire (referee)
This dissertation thesis touches on some important aspects of development, including financial development and improved access to reliable energy sources, regional integration and expanded opportunities for trade. This thesis was written to help guide policy reforms especially in developing countries to expand sources of growth and put countries on track to better meet their long-term development goals, including a better and more sustainable future for everyone. This dissertation consists of three papers. In the first paper I investigate the empirical evidence on the relationship between financial development and economic growth. In doing so, I assessed over 270 studies for their potential inclusion in a meta-analysis. From those studies that contained an empirical estimate of the finance growth relationship, I compiled 1,334 coefficients and coded study characteristics for each. Taking the reported estimates together, I find a positive link between financial development and economic growth, but with widely varying individual estimates. By applying a multi-variate meta-regression, I explain the variation in reported results, stemming not only from differences in research design (by authors addressing or ignoring potential endogeneity issues) but also from real drivers (different regional and time...
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Analysis of stereotypes in tv travel shows of selected states of sub-Saharan Africa
Ferreira de Sousa, Natalie ; Jirků, Jan (advisor) ; Just, Petr (referee)
This thesis aims to analyze stereotypes in Czech TV travel shows with a focus on the region of sub-Saharan Africa. The chosen form of research is a content analysis, divided into three parts: thematic, visual, and textual. Thematic analysis focuses on the selection of topics. Visual on how the camera processes the story and the text part analyzes the keywords. Selected programs that were used for this research are three TV travel shows of Czech production: Objektiv, Cestománie, and Koření. All three programs show that the tendency to portray sub-Saharan Africa outside of the news is rather stereotypical, and Africa's unified media presentation highlights recurring themes: political instability, poverty, or a beauty of African nature.
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