development has taken place in developing countries. Design/methodology/approach – In framing the financial dimension in a more … financial development benefits of financial globalization. The estimation approach consists of assessing the impact of financial … globalization through-out the conditional distributions of domestic financial development dynamics. Findings – The introduction of …

policy recommendation, the role of sound political institutions is crucial for financial development in Africa. Democracies … stock market development in the African continent. Originality/value – To the best of our knowledge this is the first paper … plagued many African countries and continue to pose a significant threat to financial market development. …

development has taken place in African countries. Design/methodology/approach – In framing the financial dimension in a more … the financial development benefits of financial globalization. The estimation approach consists of assessing the impact of … financial globalization through-out the conditional distributions of domestic financial development dynamics. Findings – The …

components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …

, which focuses on how democracy, polity and autocracy affect financial development dynamics of depth, efficiency, activity … in the following. (1) Authoritarian regimes have a higher propensity to effect policies that favor the development of … but less significant effects in comparison with autocracy on policies towards financial development. (2) Christian …

development. We postulate that when moment conditions of stock market performance are accounted for, democracy improves financial …

updated data(1996-2010). Findings suggest development assistance deteriorates government quality dynamics of corruption …

academic debates. This paper partially negates their criticism of the mainstream approach to the aid-development nexus. Using … updated data(1996-2010) from 52 African countries we provide robust evidence of a positive aid-corruption nexus. Development …

Purpose – The purpose of this paper is to assess the aid-development nexus in 52 African countries using updated data …(1996-2010) and a new indicator of human development(adjusted for inequality). Design/methodology/approach – The estimation … that development assistance is detrimental to GDP growth, GDP per capita growth and inequality adjusted human development …