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Contents: Part I Theory and evidence on finance and growth -- 1. Financial development and innovation-led growth / Phillippe Aghion, Peter Howitt and Ross Levine -- 2. Financial structure, economic growth and development / Franklin Allen, Xian Gu and Oskar Kowalewski -- 3. Evidence on finance...
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intermediation, on the one hand, and GDP per capita growth and growth volatility, on the other hand. Based on a sample of 77 … countries for the period 1980-2007, we find that intermediation activities increase growth and reduce volatility in the long run … time horizons a large financial sector stimulates growth at the cost of higher volatility in high-income countries …
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intermediation, on the one hand, and GDP per capita growth and growth volatility, on the other hand. Based on a sample of 77 … countries for the period 1980-2007, we find that intermediation activities increase growth and reduce volatility in the long run … time horizons a large financial sector stimulates growth at the cost of higher volatility in high-income countries …
Persistent link: https://www.econbiz.de/10013103381
This paper surveys existing literature and data to take stock of the current state of banking systems across Sub-Saharan Africa. It documents different dimensions of the development of the banking systems in the region and compares Africa's banking systems to those of comparable low- and...
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