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This paper examines the impact of interest rate reforms on financial deepening and economic growth in Kenya, using two models: the financial deepening model and the dynamic Granger causality model. The study attempts to answer two critical questions: Does interest rate liberalization in Kenya...
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Using threshold cointegration and error-correction model, this paper has investigated the channels through which Africa … (proxied by South Africa) can boost its economic growth via its trade with East Asia (represented by China). The results … the impact of technical progress on Africa's economic growth rates is labour augmenting, and that learning …
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