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have stimulated financial development in Africa. Within the framework of the dominant International Monetary Fund …-up call for more scholarly research on: (i) macroeconomic financial development implications of mobile phone penetration and …
Persistent link: https://www.econbiz.de/10013009769
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/10013047751
Persistent link: https://www.econbiz.de/10011805942
In this study we investigate the role of information and communication technology (ICT) in conflicts of financial intermediation for financial access. The empirical evidence is based on contemporary (or current values) and non-contemporary (or lagged by a year) quantile regressions in 53 African...
Persistent link: https://www.econbiz.de/10011758366
dynamics on inequality adjusted human development. Contemporary and non-contemporary OLS, Fixed-effects and a system GMM … implications are discussed in the light of the post-2015 development agenda. We also provide some recommendations for a rethinking … of theories and models on which development assistance is based. …
Persistent link: https://www.econbiz.de/10011596335
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011596336
levels of financial market development compared to their counterparts with autocratic inclinations. As a policy implication … quality of public offices that favour stock market development on the African continent. …
Persistent link: https://www.econbiz.de/10011596348
Are there contemporary development effects of African resistance to European domination? This question is the primary … development and discuss possible channels of such causality. This relationship is robust to alternative model and to controlling …
Persistent link: https://www.econbiz.de/10011596352
This paper examines interconnections between law, politics and the quality of government in Africa. We investigate whether African democracies enjoy relatively better government quality compared to their counterparts with more autocratic inclinations. The empirical evidence is based on...
Persistent link: https://www.econbiz.de/10011596355
This study complements existing literature on the aid-institutions nexus by focusing on political rights, aid volatilities and the post-Berlin Wall period. The findings show that while foreign aid does not have a significant effect on political rights, foreign aid volatilities do mitigate...
Persistent link: https://www.econbiz.de/10011596356