Showing 1 - 10 of 335
This paper assesses the determinants of state fragility in sub-Saharan Africa using hitherto unexplored variables in … being a function of rent seeking and/or lobbying by de facto power holders is tested. The resulting interesting finding is … that, political interference, rent seeking and lobbying increase the probability of state fragility by mitigating the …
Persistent link: https://www.econbiz.de/10011390841
Examining the value-added link between infrastructure and industrialization is fundamental to achieving Sustainable … industrialization and fostering innovation. The objectives of this paper are to analyse the effect of infrastructures on … industrialisation in Africa. When the indirect effect regressions through the modulating effects of financial development and human …
Persistent link: https://www.econbiz.de/10014549400
The paper verifies the Azzimonti et al. (2014) conclusions on a sample of 53 African countries for the period 1996-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and inequality in OECD nations. We assess the...
Persistent link: https://www.econbiz.de/10011310232
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
Purpose - Our generation is witnessing the greatest demographic transition and Africa is at the heart of it. There is …
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 …
Persistent link: https://www.econbiz.de/10011390765
of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth …
Persistent link: https://www.econbiz.de/10011390771
This paper assesses how legal origin influences financial development through regulation quality and the rule of law. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law channels are instrumented with legal origins to account...
Persistent link: https://www.econbiz.de/10011390772
-Saharan Africa is slightly below the average of Francophone Africa. As a policy implication, results support the benefits of the rule …
Persistent link: https://www.econbiz.de/10011390773
This paper examines how domestic, foreign, private and public investments affect income-inequality through financial intermediary dynamics. With the exception of financial allocation efficiency, financial channels of depth and activity are good for the poor as they diminish estimated household...
Persistent link: https://www.econbiz.de/10011390778