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The Economics of Intellectual Property Rights in Developing Countries: Lessons from a Literature Review

Conventional economic theory asserts that inefficient markets result from a product or service for which there are no ready substitutes being provided by a single seller (i.e. a monopoly). An inefficient outcome is defined as one that does not ma…

China and Africa – Opportunities and Challenges

"The phenomenon of China in the global arena is quite significant. It presents opportunities and challenges which African policy makers and thinkers must take very seriously and respond to it very intensively. This is particularly so as other regio…

Does Corporate Leadership Matter? Evidence from Nigeria

"This study examines the impact of top management changes on stock returns in Nigeria from 1997 to 2005. The study also reflects on the impact of board composition and politics on shareholders’ wealth. The test of shareholder wealth effects around t…

Making AGOA work for Africa

The African Growth and Opportunity Act (AGOA) offers duty-free access to the largest market in the world, and has the potential to be a major driving force in African development. Thus far, however, it has failed to live up to its potential.US impor…

L'Exécution Forcée des Obligations de faire Résultant des Pactes de Préférence dans les Cessions d’actions / The Enforcement of Bonds which Resulted from Agreements with sale of Shares

The power of constraint has evolved considerably since the Roman era. In ancient Roman law, the relationship was strictly personal, the creditor could, for reasons of non-performance, capture the debtor and according to the times, have him killed or…

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