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In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
Persistent link: https://www.econbiz.de/10011698477
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
Purpose - This paper introduces previously missing financial components(efficiency, activity and size) in the assessment of the finance-investment nexus. Design/methodology/approach - VAR models in the perspectives of VECM and short-run Granger causality are employed. Usage of optimally...
Persistent link: https://www.econbiz.de/10011410059
This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...
Persistent link: https://www.econbiz.de/10011410623
severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Bank's World Development Indicators …
Persistent link: https://www.econbiz.de/10012650683
remains mostly underdeveloped. The altruistic motives of sending remittances to Africa are likely to fade with time. In this … financial development in Africa. The result further revealed that the exchange rate negatively influences financial development … in Africa. Based on the findings, it is suggested that, while attracting migrants' transfers which can have significant …
Persistent link: https://www.econbiz.de/10012603078
in the structural relations between varied causative factors is more pronounced in Africa where conditions for growth and … determinant of financial development in Africa could have culminated into the misalignment of the continent financialisation … reach conclusions that can redefine policy and research on Africa's financialisation objectives. We compared result along …
Persistent link: https://www.econbiz.de/10012603080
modulate the incidence of terrorism on financial development in Africa. Two terrorism indicators are adopted for this study …
Persistent link: https://www.econbiz.de/10012487020
This study investigates the role of information and communication technology (ICT) on income inequality through financial development dynamics of depth (money supply and liquid liabilities), efficiency (at banking and financial system levels), activity (from banking and financial system...
Persistent link: https://www.econbiz.de/10011998776
Despite the magnitude of remittances as an alternative source of investment financing in Africa, the financial sector … in Africa has significantly remained underdeveloped and unstable. Finding a solution to Africa's financial deregulation … problems has proved tenacious partly because of inadequate literature that explain the nature of Africa capital and financial …
Persistent link: https://www.econbiz.de/10012304906