Showing 1 - 10 of 39
Purpose – This work seeks to investigate post-crisis measures banks have adopted in a bid to manage liquidity risk. It is based on the fact that the financial liquidity market was greatly affected during the recent economic turmoil and financial meltdown. During the crisis, liquidity risk...
Persistent link: https://www.econbiz.de/10010693292
This paper uses a production function to examine the channels through which remittances affect output per worker in 31 Sub-Saharan Africa (SSA) countries from 1980-2010. We find that remittances directly increase output per worker if complemented with education. The indirect effects vary with...
Persistent link: https://www.econbiz.de/10011103382
distribution. This implies high-growth countries are more likely to benefit from development assistance (in terms of general … foreign aid by focusing on the distribution of the dependent variables (development dynamics). It is likely that high- and low-growth …Purpose – This paper examines whether initial levels in GDP growth, GDP per capita growth and inequality adjusted human …
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
that development assistance is detrimental to GDP growth, GDP per capita growth and inequality adjusted human development …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 …
Persistent link: https://www.econbiz.de/10010862095
The Kangoye (2013, TDE) findings on the negative nexus between foreign aid unpredictability and governance could seriously affect debates in academic and policy making circles. Using the theoretical underpinnings of the celebrated Eubank (2012, JDS) literature, we first confirm Kangoye’s...
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
recently celebrated literature on development assistance. Overall, the findings show that the effects of foreign aid on … capacity levels; contingent on fundamental characteristics of development due to heterogeneity and; indirectly positive or …
Persistent link: https://www.econbiz.de/10010887032
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption’ has had an important influence in policy and academic circles. This paper provides a unifying framework by using investment and fiscal behavior transmission channels in 53...
Persistent link: https://www.econbiz.de/10010887036