Showing 1 - 10 of 76
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/10010695997
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; (3) adoption of two interchangeable sets of instruments …
Persistent link: https://www.econbiz.de/10010696003
Purpose – Is globalization instrumental in fighting corruption? Do wealth effects matter in this fight? Are findings … standpoints. In the 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 …
Persistent link: https://www.econbiz.de/10010696010
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/10010862103
We extend the Okada & Samreth (2012, EL) and Asongu (2012, EB) debate on ‘the effect of foreign aid on corruption’ by: not partially negating the former’s methodological underpinning (as in the latter’s approach) with a unifying empirical framework and; broadening the horizon of inquiry...
Persistent link: https://www.econbiz.de/10010690356
This paper assesses how legal origin influences financial development through regulation quality and the rule of law. It employs all the dimensions identified by the Financial Development and Structure Database of the World Bank. The law channels are instrumented with legal origins to account...
Persistent link: https://www.econbiz.de/10010693282
The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on ‘the effect of foreign aid on corruption’ in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note extends the debate by assessing the channels of foreign...
Persistent link: https://www.econbiz.de/10010693283
This paper assesses the determinants of state fragility in sub-Saharan Africa using hitherto unexplored variables in …
Persistent link: https://www.econbiz.de/10010693284
financial efficiency in Africa. It uses updated data to appraise second generation reforms in order to gather fresh evidence and …
Persistent link: https://www.econbiz.de/10010693287
With earthshaking and heartbreaking trends in African capital flight provided by a new database, this paper complements existing literature by answering some key policy questions on the feasibility of and timeframe for policy harmonization in the battle against the economic scourge. The goal of...
Persistent link: https://www.econbiz.de/10010693288