Ficawoyi Donou-Adonsou
Associate Professor
Background
Dr. Ficawoyi Donou-Adonsou holds a Ph.D. in economics with specializations in macroeconomics and monetary policy, economic development, and financial economics. His background integrates quantitative analysis, policy research, and international economic perspectives, forming the foundation for his work on financial behavior, digital finance, economic resilience, and development challenges across diverse contexts.
Areas of Expertise
Dr. Donou-Adonsou is an economist whose expertise bridges Financial Economics and Development Policy. He applies robust quantitative analysis to assess financing channels and recommend tangible financing solutions that address structural development challenges, particularly across Sub-Saharan Africa. He also pursues interdisciplinary research that integrates environmental economics, space sustainability, and technological innovation to examine emerging challenges at the intersection of science, policy, and society.
Research Interests
Dr. Donou-Adonsou's research agenda is highly applied and policy-relevant, focusing on identifying effective channels for stimulating economic expansion in developing regions. His current work examines fintech innovations, such as Buy Now, Pay Later (BNPL), and their effects on consumer well-being. His research appears in leading peer-reviewed journals, including Energy Economics, Finance Research Letters, Global Finance Journal, Journal of Policy Modeling, Environmental Pollution, and Economic Modelling, and contributes to academic and policy discussions on financial inclusion and economic development.
Education
Ph.D. -- 2014: Southern Illinois University Carbondale, Carbondale, IL, USA.M.B.A. -- 2010: Western Illinois University, Macomb, IL, USA.
M.A. -- 2009: Western Illinois University, Macomb, IL, USA.
D.E.A. (Diplôme d’Etudes Approfondies) -- 2005: University of Ouagadougou, Burkina Faso.
B.A. -- 2002: University of Lome, Togo.
Courses Taught
Dr. Donou-Adonsou teaches undergraduate and graduate courses in microeconomics, macroeconomics, econometrics, development economics, money and banking, and corporate finance. His teaching philosophy emphasizes experiential learning, data-driven inquiry, and the integration of research tools into the classroom. He frequently incorporates real-world datasets, forecasting exercises, policy evaluation techniques, and student-based research projects.Publications
Some selected publications:Donou-Adonsou, F., Basnet, H., & Mathey, S. (2025). Energy poverty and financial development: Evidence from developing countries. Energy Economics, 108563.
Donou-Adonsou, F. (2025). Financial structure and economic efficiency in Sub-Saharan Africa. Global Finance Journal, 101150.
Donou-Adonsou, F., & Leslie-Piper, N. (2025). BNPL and Financial Fragility in US Households. Finance Research Letters, 108423.
Donou-Adonsou, F., Larick, M., Schupp, A., Besenfelder, C., Greenland, M., Morrissey, C., ... & Shah, A. (2025). Space activity and environmental quality. Applied Economics, 57(28), 4009-4024.
Donou-Adonsou, F. (2024). Space launches and the environment: As the earth orbit level matters, what can be done?. Journal of Policy Modeling, 46(2), 369-390.
Donou-Adonsou, F., & Ryan, A. J. (2024). Financial impacts of climate change. Applied Economics, 56(58), 8546-8560.
Donou-Adonsou, F., Larick, M., Schupp, A., Besenfelder, C., Bohan, Y., & Cuddy, J. (2024). Cointegration analysis of US space activity and its environmental impact. Environmental Pollution, 352, 124142.
Donou-Adonsou, F. (2022). The effects of health conditions on financial sector development. Economic Modelling, 114, 105947.
