Showing 1 - 10 of 299
The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in … four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiencies … are used as dependent variables whereas seven bundled and unbundled globalization variables are employed as independent …
Persistent link: https://www.econbiz.de/10011417476
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
This study assesses the effect of globalisation on governance in 51 African countries for the period 1996-2011. Ten bundled and unbundled governance indicators and four globalisation variables are used. The empirical evidence is based on Generalised Method of Moments. The following findings are...
Persistent link: https://www.econbiz.de/10011496371
The present inquiry contributes to extant literature by simultaneously accounting for variations in financial development and financial globalisation in the assessment of hypothetical initial financial development conditions for the rewards of financial globalisation. The policy relevance for...
Persistent link: https://www.econbiz.de/10011407925
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/10011409995
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
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/10011410415
This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...
Persistent link: https://www.econbiz.de/10011410623