John Francois
- Courses3
- Reviews6
- School: West Texas A&M University
- Campus:
- Department: Computer Science
- Email address: Join to see
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Location:
2501 4th Ave
Canyon, TX - 79016 - Dates at West Texas A&M University: May 2017 - August 2019
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Biography
West Texas A&M University - Computer Science
Experience
West Texas A&M University College of Business
Assistant Professor
John worked at West Texas A&M University College of Business as a Assistant Professor
Education
University of Kansas
Doctor of Philosophy (Ph.D.)
Economics
Publications
The Paradox of Capital Flight from a Capital-Starved Continent
Concerned Africa's Scholars Bulletin, 2012, 87, 22-28
There is general consensus in the growth literature that investment is an important determinant of economic growth. The effect of investment on growth is robust (Levine and Renelt 1992; Sali-iMartin 1997)and the results hold for sub-Saharan African (SSA) countries (Hoefler 2002; Cinyabuguma and Putterman 2010). Thus one of the explanations often cited for Africa’s underdevelopment is that the region lacks the capital needed for investment. The argument is as follows: (i) Africa has a resource gapi.e., the capital available for investment is less than the capital required to invest in order to ensure sustainable growth; (ii) Africa has to fill the resource gap in order to achieve long-term development; and (iii) Africa will have to depend on external capital to fill the resource gap. Consequently, many African policymakers have called for an increase in foreign aid. In addition, several African countries have increased their efforts to attract foreign direct investment (FDI), albeit unsuccessfully (Asiedu 2004).
The Paradox of Capital Flight from a Capital-Starved Continent
Concerned Africa's Scholars Bulletin, 2012, 87, 22-28
There is general consensus in the growth literature that investment is an important determinant of economic growth. The effect of investment on growth is robust (Levine and Renelt 1992; Sali-iMartin 1997)and the results hold for sub-Saharan African (SSA) countries (Hoefler 2002; Cinyabuguma and Putterman 2010). Thus one of the explanations often cited for Africa’s underdevelopment is that the region lacks the capital needed for investment. The argument is as follows: (i) Africa has a resource gapi.e., the capital available for investment is less than the capital required to invest in order to ensure sustainable growth; (ii) Africa has to fill the resource gap in order to achieve long-term development; and (iii) Africa will have to depend on external capital to fill the resource gap. Consequently, many African policymakers have called for an increase in foreign aid. In addition, several African countries have increased their efforts to attract foreign direct investment (FDI), albeit unsuccessfully (Asiedu 2004).
