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This study complements existing literature by investigating how investment-driven finance affects inequality in Africa …-2002). Inequality is measured with estimated household income inequality whereas financial development is proxied with financial depth …
Persistent link: https://www.econbiz.de/10011417474
-Swan and Boyce-Fofack-Ndikumana. The central argument presented is that the inequality problem is at the heart of rational … asymmetric development between rich and poor countries. Piketty has shown that inequality increases when the return on capital is … economy (or capitalism-fuelled illicit capital flight) is higher than the growth rate in African countries, inequality in …
Persistent link: https://www.econbiz.de/10011548648
paradigms and underpinnings from Solow-Swan & Boyce-Fofack-Ndikumana. The central argument presented is that the inequality … problem is at the heart of rational asymmetric development between rich and poor countries. Piketty has shown that inequality … African countries, inequality in development increases and African may not catch-up with the developed world. As an ideal …
Persistent link: https://www.econbiz.de/10011408865
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011409206
The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
Persistent link: https://www.econbiz.de/10011409823
The object of this paper is to complement theoretical 'mobile penetration' literature with empirical evidence in a dual manner: on the one hand, assess the income-redistributive effect of mobile phone penetration and; on the other hand, the instrumentality of good governance in this nexus. Main...
Persistent link: https://www.econbiz.de/10011409942
survey-based approaches in the literature and provides the first macroeconomic assessment of the ‘mobile phone’-inequality …
Persistent link: https://www.econbiz.de/10011409960
which freedoms channels are poverty and inequality mitigated? With the instrumentality of formal institutions: (1) de jure …) political liberalization has a disequalizing effect and; (3) economic freedom has a positive (negative) effect on inequality … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10011409995
In the first empirical study on how financial reforms have been instrumental in mitigating inequality through financial …: (1) while formal financial development decreases inequality, financial sector formalization increases it; (2) whereas … semi-formal financial development increases inequality, the effect of financial semi-formalization is unclear; (3) both …
Persistent link: https://www.econbiz.de/10011410012
Purpose - Poverty and inequality undoubtedly remain substantial challenges to economic and human developments amid … piracy on inequality in Africa, we examine how a plethora of factors (IPRs laws, education & ICTs and government quality) are … instrumental in the piracy-inequality nexus. Design/methodology/approach - Two-Stage-Least Squares estimation approaches are …
Persistent link: https://www.econbiz.de/10011410046