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indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in African countries, disaggregated into 11 … the contrary. As a policy implication, looking beyond income convergence can provide a concrete agenda for development …
Persistent link: https://www.econbiz.de/10009422021
fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East … Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … panel GMM estimation with data from different non-overlapping intervals is employed. The implied rate of convergence and the …
Persistent link: https://www.econbiz.de/10011260783
and East Africa is facing stiff challenges in the timing of monetary convergence, the imperative of bankers to apply … monetary policy convergence within the proposed WAM and EAM zones. In the analysis, monetary policy targets inflation and … growth at macro and micro levels. Findings suggest overwhelming lack of convergence; an indication that candidate countries …
Persistent link: https://www.econbiz.de/10009421994
This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African …(Christianity and Islam). Findings provide partial support for the existence of absolute convergence in some dynamics. Only SSA reveals … conditional convergence in relation to per capita number of listed companies. The speed of convergence for the most part is …
Persistent link: https://www.econbiz.de/10009422010
In the first critical assessment of convergence in financial development dynamics in Africa, we find overwhelming …-law) and religious dominations(Christianity and Islam). We examine convergence in financial intermediary dynamics of depth … respectively. We also provide the speeds of convergence and time necessary to achieve a full(100%) convergence. As a policy …
Persistent link: https://www.econbiz.de/10009422016
convergence and time required to achieve a 100% convergence. But for financial intermediary size within the CFA zone, findings for … the most part support only unconditional convergence. There is no form of convergence within the CEMAC zone. The broad … insignificance of conditional convergence results have substantial policy implications. Monetary and real policies which are often …
Persistent link: https://www.econbiz.de/10009422024
systems, convergence in piracy rate could be a genuine standard-setting platform. (2) Legal origins do not play a very … significant role in the convergence process. (3) A genuine timeframe for standardizing IPRs laws in the fight against piracy is … most likely between a horizon of 4 to 8 years. In other words, full (100%) convergence within the specified horizon will …
Persistent link: https://www.econbiz.de/10011111334