development has taken place in developing countries. Design/methodology/approach – In framing the financial dimension in a more … 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 introduction of …

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 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 …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …

The motivations of the Arab Spring and hitherto unanswered questions about some of its dynamics inspired this paper …, which focuses on how democracy, polity and autocracy affect financial development dynamics of depth, efficiency, activity … in the following. (1) Authoritarian regimes have a higher propensity to effect policies that favor the development of …

development. We postulate that when moment conditions of stock market performance are accounted for, democracy improves financial …

updated data(1996-2010). Findings suggest development assistance deteriorates government quality dynamics of corruption …

academic debates. This paper partially negates their criticism of the mainstream approach to the aid-development nexus. Using … updated data(1996-2010) from 52 African countries we provide robust evidence of a positive aid-corruption nexus. 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 … that development assistance is detrimental to GDP growth, GDP per capita growth and inequality adjusted human development …