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In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial sector competition, we contribute at the same time to the macroeconomic literature on measuring financial development and respond to the growing field of economic development...
Persistent link: https://www.econbiz.de/10011114317
Abstract Purpose – This paper assesses dynamics of the knowledge economy (KE)-finance nexus using the four variables identified under the World Bank’s knowledge economy index (KEI) and seven financial intermediary dynamics of depth, efficiency, activity and size. Design/methodology/approach...
Persistent link: https://www.econbiz.de/10011260665
The goal of this paper is to assess how knowledge economy (KE) plays out in financial sector competition. It suggests a practicable way to disentangle the effects of different components of KE on various financial sectors. The variables identified under the World Bank’s four knowledge economy...
Persistent link: https://www.econbiz.de/10011109197
-specific and microeconomic survey-based approaches is on 52 African countries. ‘Mobile phone’-oriented poverty reduction channels …
Persistent link: https://www.econbiz.de/10011259416
’-oriented poverty reduction channels are discussed. …
Persistent link: https://www.econbiz.de/10011261106
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011264823
which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure … (poverty). Hence, economic freedom does not stop the wealthy from growing wealthier, but at the same time provides for … conditions that mitigate poverty. The findings broadly show that, despite the substantially documented negative incidences of …
Persistent link: https://www.econbiz.de/10011109659