Showing 1 - 10 of 32
This paper focuses on how political regimes affect financial development in Africa, contingent on religious … propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …
Persistent link: https://www.econbiz.de/10010693299
Financial development indicators are often applied to countries/regions without taking into account specific financial … development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development … context. This paper introduces complementary indicators to the existing Financial Development and Structure Database (FDSD …
Persistent link: https://www.econbiz.de/10010693305
institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic … institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the … perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the …
Persistent link: https://www.econbiz.de/10010690356
’ in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note …’s consumption expenditure increases corruption. (2) Development assistance channeled via private investment and tax effort decreases …
Persistent link: https://www.econbiz.de/10010693283
components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …
Persistent link: https://www.econbiz.de/10010693285
This paper assesses the aid-development nexus in 52 African countries using updated data (1996-2010) and a new … indicator of human development (adjusted for inequality). The effects of Total Net Official Development Assistance (NODA), NODA … from the Development Assistance Committee (DAC) and NODA from Multilateral donors on economic prosperity (at national and …
Persistent link: https://www.econbiz.de/10010693304
policy recommendation, the role of sound political institutions is crucial for financial development in Africa. Democracies … stock market development in the African continent. Originality/value – To the best of our knowledge this is the first paper … plagued many African countries and continue to pose a significant threat to financial market development. …
Persistent link: https://www.econbiz.de/10010693306
institutional quality such that, the institutional downside of development assistance maybe questionable when greater domestic … institutional development has taken place. Based on the hypothesis of institutional thresholds for foreign aid effectiveness, the … perilous character of development assistance to institutional quality is broadly confirmed in 53 African countries for the …
Persistent link: https://www.econbiz.de/10010693308
academic debates. This paper partially negates their criticism of the mainstream approach to the aid-development nexus. Using … updated data(1996-2010) from 52 African countries we provide robust evidence of a positive aid-corruption nexus. Development …
Persistent link: https://www.econbiz.de/10010695990
updated data (1996-2010). Findings suggest development assistance deteriorates government quality dynamics of corruption …
Persistent link: https://www.econbiz.de/10010695991