policy recommendation, the role of sound political institutions is crucial for financial development in Africa. Democracies … stock market development in the African continent. Originality/value – To the best of our knowledge this is the first paper … plagued many African countries and continue to pose a significant threat to financial market development. …

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 …

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 …

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 …

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 …

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 …