Showing 1 - 10 of 355
This paper investigates the link between export survival of agri-food products and financial development. It tests the hypothesis that financial development differentially affects the survival of exports across products based on their need of external finance. The authors test whether exports of...
Persistent link: https://www.econbiz.de/10012976026
that population density appears to be considerably more important for banking sector development in Africa than elsewhere …
Persistent link: https://www.econbiz.de/10012974025
The paper documents the major trends in financial development in Latin America and the Caribbean since the early 1990s. The paper compares trends in Latin America and the Caribbean with those in Asia, Eastern Europe, and advanced countries and compares countries within Latin America and the...
Persistent link: https://www.econbiz.de/10012974057
This paper combines firm-level data from 89 countries with updated country-level data on financial structure, and uses two estimation approaches. It finds that in low-income countries, labor growth is swifter in countries with a higher level of private credit/gross domestic product; the positive...
Persistent link: https://www.econbiz.de/10012975631
This paper examines the evolving importance of banks and securities markets during the process of economic development. As economies develop, they increase their demand for the services provided by securities markets relative to those provided by banks, such that securities markets become...
Persistent link: https://www.econbiz.de/10012975752
This paper summarizes financial inclusion across Africa. First, it provides a brief overview of the African financial … in Africa that use formal and informal financial services and identify the barriers to formal account ownership. Next, it … Africa compares with small and medium enterprises in other developing regions in terms of account ownership and availability …
Persistent link: https://www.econbiz.de/10012975192
This paper discusses the evolution of the Egyptian banking sector and the main trends in financial development in the Arab Republic of Egypt. The paper examines empirically the relationship between the development of the financial sector and economic growth in Egypt between 1980 and 2016. It...
Persistent link: https://www.econbiz.de/10012859532
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...
Persistent link: https://www.econbiz.de/10012912272
Across the world, supply for financial services rarely matches the demand, given multiple market frictions. This paper discusses the concept of the financial possibilities frontier as a constrained optimum to categorize different problems of shallow financial markets or unsustainable expansion....
Persistent link: https://www.econbiz.de/10012973979
The paper provides an assessment of the state of financial inclusion in the MENA region, and identifies constraints, opportunities, and priorities for significantly improving access to finance. Practical recommendations for improving financial inclusion are outlined. Firstly, governments could...
Persistent link: https://www.econbiz.de/10012976082