Asongu, Asongu Simplice - African Governance and Development Institute (AGDI) - 2010
This paper integrates a previously missing wealth-effect component in the openness-finance debate. From a panel of 29 … financial) triggers less bank efficiency in low income countries than in their middle income counterparts. These findings … low and middle income African countries with data spanning from 1987 to 2008, we provide evidence that openness (trade and …