Showing 1 - 10 of 43
This paper assesses how legal origin influences financial development through regulation quality and the rule of law …. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law … size. The results broadly support the benefits of law mechanisms in financial development. The findings only show partial …
Persistent link: https://www.econbiz.de/10010693282
This paper proposes and empirically validates four theories of why legal origin influences growth and welfare through finance. It is a natural extension of “Law and finance: why does legal origin matter?” by Thorsten Beck, Asli Demirgüç-Kunt and Ross Levine (2003). We find only partial...
Persistent link: https://www.econbiz.de/10010693295
This policy chapter summarises an evolving debate on the effect of foreign aid on corruption and institutions. It … institutions. Moreover, another debate on the incidence of foreign aid distortions on corruption is also assessed in light of a … recently celebrated literature on development assistance. Overall, the findings show that the effects of foreign aid on …
Persistent link: https://www.econbiz.de/10010887032
development matter in the impact of aid on development. In substance its object is to assess if threshold development conditions … technique enables us to investigate if the relationship between development dynamics and development assistance differs … throughout the distributions of development dynamics. Findings – Three main findings are established. (1) With slight exceptions …
Persistent link: https://www.econbiz.de/10010862077
development has taken place in African countries. Design/methodology/approach – In framing the financial dimension in a more … the financial development benefits of financial globalization. The estimation approach consists of assessing the impact of … financial globalization through-out the conditional distributions of domestic financial development dynamics. Findings – The …
Persistent link: https://www.econbiz.de/10010862085
Purpose – The purpose of this paper is to examine the effects of policy options in financial dynamics (of money, credit, efficiency and size) on consumer prices. Soaring food prices have marked the geopolitical landscape of African countries in the past decade. Design/methodology/approach –...
Persistent link: https://www.econbiz.de/10010862086
Purpose – The purpose of this paper is to assess the aid-development nexus in 52 African countries using updated data … (1996-2010) and a new indicator of human development(adjusted for inequality). Design/methodology/approach – The estimation … that development assistance is detrimental to GDP growth, GDP per capita growth and inequality adjusted human development …
Persistent link: https://www.econbiz.de/10010862095
(2012, JDS) literature, we first confirm Kangoye’s findings. Then extend the concept of governance from corruption to … countries are relevant for Africa. Second, when the concept of governance is not restricted to corruption, the findings become …
Persistent link: https://www.econbiz.de/10010862107
Reconciling the two dominant development models of the Washington Consensus (WC) and Beijing Model (BM) remains a … critical challenge in the literature. The challenge is even more demanding when emerging development paradigms like the Liberal … institutional diversity matter in the development process. We synthesize perspectives from over 150 recently published papers on …
Persistent link: https://www.econbiz.de/10010887031
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has … reducing (increasing) corruption (corruption-control) are discussed. …
Persistent link: https://www.econbiz.de/10010887036