JAFED Editorial Policy

The Journal of African Finance and Economic Development (JAFED) is dedicated to publishing high quality articles on topics reflecting various aspects of financial and economic development, as well as international business in Africa, including accounting, finance, marketing, management, real estate, as well as social, political, and technological problems related to African finance and development.  Although the overriding criterion for publication in the JAFED is “knowledge gain” about issues important to the economic development of Africa, the Journal is open to, and indeed encourages, a wide range of emergent methods and conceptual approaches within the realm of African finance and development.  The goal is to make the JAFED an open-minded, fair and receptive vehicle for high quality, innovative development policy recommendations, regardless of the method, theory, or disciplinary origin.

Aims and Scope

The purpose of JAFED is to provide a forum for the exchange of ideas between academicians and practitioners and to disseminate the results of empirical and theoretical research, policy issues, and practical applications to as broad an audience as possible.  The JAFED is published two times per year and provides a unifying forum for continental African financial and economic development issues including, but not limited to:

•       Debt crisis
•       International trade and finance
        -   Intervention in international trade
        -   Trade policy, agreements, integration
        -   Exchange rate policies
•       Agricultural economics, finance, and policy
•       Financial intermediation and capital markets
•       Fiscal and monetary policy issues
•       Models of economic development and growth
•       Regional and continental African economic community issues
•       Economic planning
•       Special studies in adaptive innovation paradigms in African economic regimes, appropriate technology
•       Comparative studies of development paradigms in other developing continents, Latin America and Asia
•       The emerging economic dimensions following the one-currency based European Economic Community and the new economic reforms in Russia and Eastern Europe and their relevance to African economies
•       Accounting issues in Africa including:
        -   International accounting standards and comparative practices
        -   Foreign currency translation
        -   Financial reporting and disclosure
        -   Auditing
        -   Managerial accounting
        -   Transfer pricing and international taxation
•       Management issues in Africa including:
        -   Organization behavior and theory
        -   Human resource management
        -   Production and strategic management
        -   Entrepreneurship and small business management
        -   Comparative management
•       International Business in Africa including:
        -   International acquisitions and joint ventures
        -   International business environment
        -   International business theories of trade and
investment
        -   Multinational corporations
•       Marketing issues in Africa including:
        -   Regional market agreements and South-South
trade
        -   Economic, cultural, political and legal aspects of
marketing in Africa
        -   Consumer behavior and advertising
        -   Marketing management, planning and strategy
        -   National marketing boards
        -   International marketing
        -   Marketing research
•       Real Estate issues in Africa including:
        -   Land resource economics
        -   Property rights
        -   Impact of institutional factors on land use
        -   Housing policy
        -   Mortgage finance
        -   Infrastructure Development
        -   Land tenure
        -   Real estate market in Africa
•       Law and development in Africa including:
        -   Constitutional economics
        -   Law and markets in Africa
        -   Regulation of private business
•       Political economy of Africa including:
        -   Public finance and public choice
        -   Government growth, taxation, and income
distribution
        -   Rent-seeking and the economy
        -   Political institutions and economic policies
        -   Public ownership of business
•       Economics of Education
•       Population Economics
   Reviews of books on important issues related to African development

MANUSCRIPT PREPARATION AND STYLE GUIDE

Manuscripts must be in English or French.  Although its principal contributors and audience consists largely of scholars, researchers, and other professionals interested in African finance and economic development, JAFED strives to publish articles that are useful to officials in government and international organizations, as well as to business executives.  Therefore, the use of equations and mathematical symbols should be limited to the minimum necessary and the author should provide in the manuscript a detailed explanation (in laymen’s terms) of their meaning and relevance to the problem at hand.  Manuscripts will be blind reviewed by three academic referees.

Dr. Leonard Wantchekon
Journal of African Finance & Economic Development
New York University
Department of Politics
715 Broadway, 4th Floor
New York, NY 10003

SUBMISSION FEE

The submission fee for active members of the African Finance and Economics Association is $20.00 and $30.00 for non-members.  Payments should be made to the Journal of African Finance and Economic Development.  There is no submission fee for authors of invited articles.  In addition, the submission fee may be waived upon request in the case of manuscripts from authors based on the African continent.

ORIGINAL MANUSCRIPTS ONLY

Submission of a manuscript to JAFED implies that the manuscript is original, is not being considered for publication elsewhere, and has not been published elsewhere either in its current form or in a revised version.  The editor does not accept responsibility for damage or loss of papers submitted, and submitted manuscripts will not be returned.

MANUSCRIPT LENGTH

Articles should not exceed 25 double-spaced pages in length.  The page limit includes tables, graphs, references, and appendices.  Lengthier articles will be considered only in exceptional cases, and at the discretion of the editor.

TYPING AND ARTICLE FORMAT

Articles in English or French should be typed double-spaced on 8 1/2 x 11 inch white bond paper.  The following format must be utilized: title page, abstract, text, endnotes, references, tables and/or figures.

TITLE PAGE

The title page should include the following information: title of manuscript; author’s name and affiliation(s): name, address and phone number of the author to whom correspondence is to be sent; acknowledgments if any.  This page will be removed before the manuscript is sent to reviewers.  Since submitted papers will be blind reviewed, authors should avoid revealing their identities or affiliations elsewhere in the paper.

ABSTRACT

The title of the article and a 100-120 word abstract of the article should be included.

TEXT

A main heading designates the topic of a major section of the manuscript; it should be centered and capitalized, and should not be underlined.

Secondary headings should be set flush with the left margin.  Only the major words should be capitalized, they should not be underlined.

Equations are to be displayed on a separate line and numbered consecutively.  The last section should provide a summary of the major conclusions.

ENDNOTES

Endnotes should be placed at the end of the manuscript and should precede the references.  It is better to minimize them--they should never be used in citing references.  It is also better to integrate substantive comments within the text itself rather than to put them in an endnote.

REFERENCES

The references should include only the most relevant papers.  In the text, references to publications may appear as follows: “Ajayi (1986) reported that...” or “This problem has been extensively discussed in the literature before {e.g. Kofi (1979), p. 102}”.  The author(s) should make sure that there is a strict “one-to-one correspondence” between the names (years) in the text and those on the reference list.  At the end of the manuscript (after any appendices), the complete list of references should be listed as follows:

For monographs

Kadjo, Solomon (1981), Essays in Economics. vol.1. Macroeconomics (North-Holland, Amsterdam).

For contributions to collective works

Greene, Joshua (1980), Predictive World Model, in: Collete Shaw and Kwasi Fosu, eds., A world income and trade model for 1975 (Jay Press)3-16.

For Periodicals

Goldfield, Stephen M. and Richard E. Quandt (1983), “A Markov model for switching regressions’, Journal of Financial and Quantitative Analysis 1, 3-15.

For Books

Madura, Jeff (1989), International Financial Management.  2nd ed. New York: West Publishing Company.

TABLES

Tables should be put on separate sheets of paper and should follow the references.  Indicate the position of the table as follows:****Put Table 1 Here****

FIGURES

Figures (charts, graphs, etc.) should be put on separate sheets of paper and should follow tables at the end of the manuscript.  Since they are expensive to reproduce, JAFED asks that they be included only when absolutely necessary for the purposes of comprehension.  Authors are responsible for supplying camera-ready copies of their figures.

SUBMISSION OF ACCEPTED MANUSCRIPT

All revisions and corrections by the author(s)  must be completed before the final copy of the accepted manuscript is sent to the publisher.  Whenever possible, a floppy diskette with the final version of the accepted manuscript  should also be sent to the editor.  The floppy diskette should be contained in a diskette wrapper, which must show the following information: name of authors, and title of paper; name of hardware utilized to produce diskette; name and version of word processing program utilized to prepare manuscript.

BOOK REVIEWS

Three copies each of reviews of books on important issues related to African development or other relevant topics may be sent directly to the book review editor:

Dr. Leonard Wantchekon
Journal of African Finance & Economic Development
New York University
Department of Politics
715 Broadway, 4th Floor
New York, NY 10003

JAFED POLICY ON PHOTOCOPYING

Because a major goal of JAFED is to disseminate the research efforts of our authors and to make their work as widely available as possible to policy makers, professors, and students, JAFED hereby grants blanket permission to photocopy the material it publishes if that material is to be used for non-profit purposes.  This permission covers tables, figures, charts, and full-length articles, as well as multiple copies of articles.

Persons intending to photocopy JAFED material for non-profit use are not required to give notice or remit copying fees.  However, please note that permission is still necessary (and fees are usually charged) for JAFED material that is to be published elsewhere or used for profit oriented activities by individuals or organizations.

SUBSCRIPTIONS

The subscription fee for JAFED is $25.00 for individuals and $50.00 for libraries and institutions.  The membership dues for the African Finance and Economic Association of $25.00 entitle each member to a one-year subscription to the Journal.  A membership fee payment may be submitted  together with a manuscript (total of $45.00).

JAFED
Editorial Policy   
Manuscript Preparation Guide  
Book Reviews
Subscriptions