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This paper utilizes data for African countries to analyze the extent to which financial development affects the dynamics of the relationship between exchange rate flexibility and economic growth. The findings indicate that financial development exerts a positive influence on the relationship...
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implications for the destination, profitability, and quality of bank lending and the limited evolution of the financial system … development of fintechs. Entrenched incumbency of banks has limited the role of non-bank operators in fostering market …
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services industry in Egypt. There is an especially critical role for bank financing to support the private sector to maintain …
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