The rise of China in the global economy has been linked with negative impacts on employment across many high and middle-income countries. However, evidence for African countries is limited.
Foreign direct investment (FDI) is considered by policymakers as an important driver of local economic development. For example, foreign investors may establish supply chain linkages with domestic firms, enhancing their productive capacities (e.g.
Informal actors often compete with formal or regulated ones. Regulated actors therefore can be natural allies in government attempts to enforce laws and regulations. Yet they often are not.
With increasing access to mobile phones across the world, mobile money services have been growing in popularity, enabling users to deposit, transfer, and withdraw funds from a digital account without owning a bank account.
