Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by … finance and governance as substitutes in their impact on investment implies that good governance fuels private investment and … issues on the other hand. Originality/value - The paper extends the debate on the substitution of finance and institutions in …

This study complements existing literature by investigating how investment-driven finance affects inequality in Africa …

The policy debate has been shifting from the finance-growth nexus to the finance-inequality relationship. In the … challenge of putting some structure on recent advances in finance for more inclusiveness. The overarching question tackled in … advances in finance for inclusive development. The analytical approach consists of first, situating issues of exclusive growth …

The Ali (2013, EB) findings on the nexuses among institutions, finance and investment could have an important influence … finance and institutions because they are less realistic to developing countries to which the resulting policy implications … substitution of institutions and finance in investment. Results under many baseline and augmented scenarios are not consistent with …