Showing 1 - 10 of 594
empirical evidence is premised on 11 homogenous panels based on regions(Sub-Saharan and North Africa), income-levels(low, middle …
Persistent link: https://www.econbiz.de/10009422010
Despite experiencing rapid growth in their number and size, existing evidence suggests that African stock markets remain highly fragmented, small, illiquid and technologically weak, severely affecting their informational efficiency. Therefore, this study attempts to empirically ascertain whether...
Persistent link: https://www.econbiz.de/10011108992
Purpose – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings … analysis, while the economic and social dimensions of globalization are reflected in the HDI, the political dimension is … captured by good governance indicators. A TSLS-IV estimation technique is applied where-in globalization instruments of trade …
Persistent link: https://www.econbiz.de/10009650668
This paper examines how regionalization in the face of globalization has affected financial development in the context … of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth …/projects with deposits; (3) increase in welfare has positively affected the intermediary role of banks; (4) globalization tends to …
Persistent link: https://www.econbiz.de/10009328128
Purpose – The purpose of this paper is to assess the effects of trade and financial globalization on human development … variables are exogenous to the endogenous components of explaining variables(globalization dynamic channels) conditional on … alternative globalization indicators; (2) endogeneity based estimation ; and (3) adoption of two interchangeable sets of …
Persistent link: https://www.econbiz.de/10009647358
The relationship between globalization and human rights remains highly controversial in African context. Neoliberals … argue that globalization lead to growth and development generating respect for human rights. While skeptics contend that … globalization process always tends to be ‘exclusive of poor’ increasing inequality leading to social unrest and economic insecurity …
Persistent link: https://www.econbiz.de/10004999182
This essay has explored the validity of Marxist dependency theories in the context of the emerging China-Africa trade … patterns, this discussion has shown that the China-Africa economic links represent a distinct south-south dialectic occurring … the idea that China’s involvement in Africa is of a conventional center-periphery type; which suggests the existence of …
Persistent link: https://www.econbiz.de/10005621967
Are formal institutions instrumental in the effect globalization mechanisms have on the human face? If so, through … some channels of globalization on poverty (and inequality), formal institutions have the capacity to device policies that …
Persistent link: https://www.econbiz.de/10011109659
been counteracting external factors, like the globalization of the aid business, that demanded structural changes in the …
Persistent link: https://www.econbiz.de/10005787104
The purpose of this paper is to investigate the volatility impacts of the suspension of a call auction system by the National Stock Exchange of India (NSE) in June 1999, thus extending prior empirical work relating to this area. The realised volatility on NSE is compared with that of the Bombay...
Persistent link: https://www.econbiz.de/10011211859