Journal of Economics and Development Studies

Economic and Sociopolitical Risks in Public Choices in West Africa
Chérif Sidy KANE

Abstract
From a combination of models, logit with random effects and VAR in panel, this paper assesses the probabilities of occurrence of risks (socio-political or economic) and their impact on the economic activity in the Economic Community of the States of the West Africa (ECOWAS). The results reveal, on the one hand, that the probability of occurrence of economic risks is positively related to sociopolitical risks and inflation and, on the other hand, fiscal austerity reduces the probability of economic risk but increases that of risk. socio-political, hence the need to identify the optimal threshold of fiscal austerity that can trigger socio-political risks.

Full Text: PDF     DOI: 10.15640/jeds.v6n3a9