Showing 1 - 10 of 145
Persistent link: https://www.econbiz.de/10011956950
The debate on the need for Sub-Saharan African (SSA) countries to foster inclusive growth has intensified following the coming into force of the African Continental Free Trade Area (AfCFTA), and the emergence of the coronavirus pandemic. A conspicuous lacuna in the literature is a lack of...
Persistent link: https://www.econbiz.de/10012653006
In developing countries, banks play a major role by acting as a conduit for the effective mobilization of funds from the surplus sectors of an economy for onward lending to the deficit sectors for productive investments that will in turn increase the level of employment and economic growth....
Persistent link: https://www.econbiz.de/10014278168
, regulatory quality, government effectiveness, corruption-control and the rule of law) in the incidence of short-term debt … estimation strategy and the following findings are established. Debt service has a negative unconditional effect on access to … electricity and telecommunication infrastructure. Governance dynamics moderate the negative effect of debt service on …
Persistent link: https://www.econbiz.de/10014549302
public debt profile amid deteriorating human capital development. Using data from 1990 to 2021, the study estimates the … respectively. The study discovered that domestic and external debt, economic growth and debt servicing exert positive and …
Persistent link: https://www.econbiz.de/10014549397
The study examines the long run relationship and interconnections between public debt and domestic investment in 13 … Squares (FMOLS), debt (% of GDP) and external debt have an insignificant effect on investment in the long run, suggesting the … negligible effect of public debt on the level of investments. But domestic investment Granger causes public debt indicators …
Persistent link: https://www.econbiz.de/10012389237
This paper integrates a previously missing wealth-effect component in the openness-finance debate. From a panel of 29 low and middle income African countries with data spanning from 1987 to 2008, we provide evidence that openness (trade and financial) triggers less bank efficiency in low income...
Persistent link: https://www.econbiz.de/10011390762
The dominance of English common-law countries in prospects for financial development in the legal-origins debate has been debunked by recent findings. Using exchange rate regimes and economic/monetary integration oriented hypotheses, this paper proposes an "inflation uncertainty theory" in...
Persistent link: https://www.econbiz.de/10011390774
Hitherto financial drivers of human development have been unexplored by the UNDP. This paper assesses determinants of human development from financial dynamics of depth, efficiency, size and activity on data from 38 developing countries. While the importance of financial activity, size and depth...
Persistent link: https://www.econbiz.de/10011390775
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper sets a new tone in the legal origins debate by providing empirical validity on the dominance of French civil-law countries in private investment. The assessment is based on 38...
Persistent link: https://www.econbiz.de/10011390777