Showing 1 - 10 of 76
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/10011410065
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/10011410069
globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of … object is to assess if financial benefits of financial globalization are questionable until greater domestic financial … the financial development benefits of financial globalization. The estimation approach consists of assessing the impact of …
Persistent link: https://www.econbiz.de/10011410072
Purpose - This study assesses the effect of time-dynamic financial globalisation uncertainty on financial development in 53 African countries for the period 2000-2011. Design/methodology/approach - Financial globalisation uncertainty is estimated as time-dynamic to capture business cycle...
Persistent link: https://www.econbiz.de/10011410631
Using cross-country differences in the degree of isolation before the advent of technologies in sea and air transportation, we assess the relationship between geographic isolation and financial development across the globe. We find that pre-historic geographical isolation has been beneficial to...
Persistent link: https://www.econbiz.de/10011496342
The paper verifies the Azzimonti et al. (2014) conclusions on a sample of 53 African countries for the period 1996-2008. Authors of the underlying study have established theoretical underpinnings for a negative nexus between rising public debt and inequality in OECD nations. We assess the...
Persistent link: https://www.econbiz.de/10011312446
The policy debate has been shifting from the finance-growth nexus to the finance-inequality relationship. In the transition from Millennium Development Goals (MDGs) to Sustainable Development Goals (SDGs), there has been an urgent policy challenge of putting some structure on recent advances in...
Persistent link: https://www.econbiz.de/10011408920
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 aid...
Persistent link: https://www.econbiz.de/10011409980
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...
Persistent link: https://www.econbiz.de/10011410035
The rate of deforestation in Africa is of paramount concern not only to the future of Africa, but also to the world. This study uses country-level data to model changes in forest area over an 18 year period (1990-2007) in 35 African countries and investigates the role played by important...
Persistent link: https://www.econbiz.de/10011410044