Does regulatory convergence shape banking resilience in Africa?

This study examines the effects of Basel III regulatory harmonization on banking stability across 21 African nations from 2011 to 2022, using a system-GMM estimation to address endogeneity and enhance causal interpretation. Stability is operationalized through Z-scores, non-performing loan ratios, and weighted composite indices, offering a robust, multi-dimensional perspective on systemic resilience. Findings suggest that Basel III compliance enhances stability across key metrics, yet reveal a trade-off wherein liquidity buffers may detract from operational efficiency unless optimally rectified to local conditions.

On the nexus of inflation, unemployment, and economic growth in Ethiopia.

We investigate into nexus of inflation, unemployment, and economic growth for the least-developed, transition-undertaking, economy of Ethiopia using the yearly frequency of several macroeconomic series from 1980 to 2020. Before we control for the potential impulse of other series, we run three independent regressions each on VAR and ECM models in only three of the key macro-fundamentals taken here: inflation, unemployment, and economic growth, to apprehend their intrinsic relationships. Indeed, our VAR estimates are consistent with those of ECM, guaranteeing dynamically unique links for the three major series.