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The literature highlights the role of finance in growth. There is evidence on the connection (correlation and … causalities) between deeper finance (banking and non banking) and growth. We ask if some countries achieve better results, in … terms of growth, with comparable levels of finance. To answer the question we construct a best practices frontier, where we …
Persistent link: https://www.econbiz.de/10005014740
The purpose of preliminary is to present a broad agenda of theoretical and empirical modeling about the fundamental links between the quality of governance, financial development and economic development. The main theoretical predictions and evidence are of a large importance in terms of...
Persistent link: https://www.econbiz.de/10011112584
With the spectre of the Euro crisis looming substantially large and scaring potential monetary unions, this study is a short-run trip to embryonic African monetary zones to assess the Schumpeterian thesis for positive spillovers of financial services on growth. Causality analysis is performed...
Persistent link: https://www.econbiz.de/10011112651