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We explore a newly available dataset on quality of growth to investigate the effect of institutions on growth quality … in 93 developing countries for the period 1990 to 2011. Quality of institutions is measured in term of political risk … established. First, institutions are positively related to the quality of growth. Second, institutions have significantly …
Persistent link: https://www.econbiz.de/10011390938
of institutions. These results are confirmed with both annual data and five year average data. …
Persistent link: https://www.econbiz.de/10011596351
While it is clear that financial depth and economic diversity are prerequisites for the realisation of growth and development objectives, heterogeneous factors that determines financial development remains imperfectly understood. This ambiguity in the structural relations between varied...
Persistent link: https://www.econbiz.de/10012801023
This study argues that the ease at which economic agents have access to foreign earnings would influence/increase the level of dollarization in the economy. The three sources of foreign currency earnings are financial integration, trade openness and natural resource rent. As such, we extend the...
Persistent link: https://www.econbiz.de/10011596369
This study contributes to the dollarization literature by expanding its determinants to account for different dimensions of globalization, using the widely employed KOF index of globalization. Specifically, globalization is "unbundled" into three different layers namely : economic, social and...
Persistent link: https://www.econbiz.de/10012112164
The paper explores the dark side of economic openness by examining empirically the nexus between the globalization process and human trafficking. Specifically, it is about showing in a global perspective how the growing process of free movement of people, goods, capital, services and information...
Persistent link: https://www.econbiz.de/10012652981
This study provides empirical evidence on the impact of militarization, governance, and democracy on human rights in sub-Saharan Africa (SSA) for the period 2002 to 2018. The study employed the instrumental variable Fixed Effects model to account for simultaneity/reverse causality, and...
Persistent link: https://www.econbiz.de/10012653002
We investigate how foreign aid dampens the effects of terrorism on FDI using interactive quantile regressions. The empirical evidence is based on 78 developing countries for the period 1984-2008. Bilateral and multilateral aid variables are used, while terrorism dynamics entail: domestic,...
Persistent link: https://www.econbiz.de/10011310231
Purpose - Our generation is witnessing the greatest demographic transition and Africa is at the heart of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. I examine the issues in this paper from a long-run perspective by assessing the...
Persistent link: https://www.econbiz.de/10011390764
Our generation is experiencing the greatest demographic transition and Africa is at the center of it. There is mounting concern over corresponding rising unemployment and depleting per capita income. We examine the issues in this paper from a long-run perspective by assessing the relationships...
Persistent link: https://www.econbiz.de/10011390765