In the first critical assessment of convergence in financial development dynamics in Africa, we find overwhelming … Africa), income-levels(low, middle, lower-middle and upper-middle), legal-origins(English common-law and French civil …-law) and religious dominations(Christianity and Islam). We examine convergence in financial intermediary dynamics of depth …

Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East … panel GMM estimation with data from different non-overlapping intervals is employed. The implied rate of convergence and the …

and East Africa is facing stiff challenges in the timing of monetary convergence, the imperative of bankers to apply … monetary policy convergence within the proposed WAM and EAM zones. In the analysis, monetary policy targets inflation and … growth at macro and micro levels. Findings suggest overwhelming lack of convergence; an indication that candidate countries …

convergence and time required to achieve a 100% convergence. But for financial intermediary size within the CFA zone, findings for … the most part support only unconditional convergence. There is no form of convergence within the CEMAC zone. The broad … insignificance of conditional convergence results have substantial policy implications. Monetary and real policies which are often …

This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African … empirical evidence is premised on 11 homogenous panels based on regions(Sub-Saharan and North Africa), income-levels(low, middle …(Christianity and Islam). Findings provide partial support for the existence of absolute convergence in some dynamics. Only SSA reveals …

indicators could support both endogenous and neoclassical growth theories in the convergence debate. This paper investigates … convergence in real per capita GDP and inequality adjusted human development in African countries, disaggregated into 11 … homogenous panels based on regions(Sub-Saharan and North Africa), income-levels(low, middle, lower-middle and upper …

using convergence hypothesis. Earlier studies that examined regional disparities of development used per capita State Net … assessment of socioeconomic convergence in terms of critical indicators of economic inequality, poverty ratios, literacy rate and …, statistically significant absolute and conditional Beta (β)-convergence in literacy rates and HDI have been observed but only …

“convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process …

“convergence clubs” in cross-national section. It implements a traditional analysis of convergence tracking the catching-up process …