to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … promoting financial development when compared with autocracies. Once democracy is initiated, it should be accelerated (to edge … out the appeals of authoritarian regimes) to reap the benefits of level and time hypotheses in financial development. …

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 …

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 …

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 …

The Ali (2013, EB) findings on the nexuses among institutions, finance and investment could have an important influence … finance and institutions because they are less realistic to developing countries to which the resulting policy implications … substitution of institutions and finance in investment. Results under many baseline and augmented scenarios are not consistent with …

Purpose - The study extends the debate on finance versus institutions in the promotion of investment documented by … issues on the other hand. Originality/value - The paper extends the debate on the substitution of finance and institutions in … governance as a better determinant of private investment than financial intermediary development. Moreover, the evidence of …

The Ali (2013, EB) findings on the nexuses among institutions, finance and investment could have an important influence … finance and institutions because they are less realistic to developing countries to which the resulting policy implications … substitution of institutions and finance in investment. Results under many baseline and augmented scenarios are not consistent with …

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 …