Showing 1 - 10 of 516
Africa's overall knowledge index fell between 2000 and 2009. South Korea's economic miracle is largely due to a … knowledge economies. Using updated data (1996-2010), this paper presents fresh South Korean lessons to Africa by assessing the … syndromes and compelling catch-up strategies are discussed. Issues standing on the way to KE in Africa are dissected with great …
Persistent link: https://www.econbiz.de/10011409247
assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short … investment elasticities are positive, investment elasticities of finance are negative; (2)but for Guinea Bissau, Mozambique and … Togo, finance does not seem to engender portfolio investment; (3)contrary to mainstream literature, financial efficiency …
Persistent link: https://www.econbiz.de/10011410059
This study complements existing literature by investigating how investment-driven finance affects inequality in Africa … investment, financial dynamics of depth, efficiency, activity and size enhance equalizing income-distribution through domestic …, private and public investment channels. Policy implications are discussed with particular emphasis on improving inclusive …
Persistent link: https://www.econbiz.de/10011417474
This article empirically estimates a micro-founded model with the aim to investigate the leading macroeconomic determinants and dynamics of financial deepening in the CEMAC sub-region. For this purpose, we adopted an empirical investigation in both static and dynamic panel data econometrics...
Persistent link: https://www.econbiz.de/10011409245
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/10012590001
In this study, we assess the relevance of decreasing information asymmetry on life and nonlife insurance consumption, by using data from 48 African countries during the period 2004-2014. Reduced information asymmetry is proxied by information sharing offices, namely: public credit registries and...
Persistent link: https://www.econbiz.de/10012254503
Hitherto very few studies on the inequality-finance(investment) nexus have focused on the African continent owing to … lack of relevant data. This paper integrates previously missing investment and financial components in the assessment of … how finance affects pro-poor investment channels. Findings reveal, but for the case of foreign investment, financial …
Persistent link: https://www.econbiz.de/10011410358
funds only benefit the rich to the detriment of the poor. The use of financial and investment dimensions previously missing …
Persistent link: https://www.econbiz.de/10011410368
Contrary to mainstream consensus on the dominance of English common law countries in investment prospects, this paper … in private investment. The assessment is based on 38 African countries for the period 1996-2007. The law mechanisms of … North African) have influenced a plethora of investment dynamics (domestic, foreign, private and public). The dominance of …
Persistent link: https://www.econbiz.de/10011410380
intermediary channels of depth, efficiency, activity and size. The findings show that legal origin matters in the finance-investment … nexus, though its ability to explain aggregate investment dynamics only through financial intermediary channels is limited …
Persistent link: https://www.econbiz.de/10011410386