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The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
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in the structural relations between varied causative factors is more pronounced in Africa where conditions for growth and … determinant of financial development in Africa could have culminated into the misalignment of the continent financialisation … reach conclusions that can redefine policy and research on Africa's financialisation objectives. We compared result along …
Persistent link: https://www.econbiz.de/10012603080
remains mostly underdeveloped. The altruistic motives of sending remittances to Africa are likely to fade with time. In this … financial development in Africa. The result further revealed that the exchange rate negatively influences financial development … in Africa. Based on the findings, it is suggested that, while attracting migrants' transfers which can have significant …
Persistent link: https://www.econbiz.de/10012603078
The study investigated the relationship among remittances, financial development and economic growth in a panel of 20 sub-Saharan African countries over the period of 2000 and 2015. The study used both Pooled Mean Group and Mean Group/ARDL estimations with panel unit root and cointegration...
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remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and …, they deepen the latter. Second, we find that Africa's underdeveloped financial sector dampens the marginal positive effect … with complementary policies to foster inclusive growth in Africa, a minimum threshold of 14.5% is required. We conclude by …
Persistent link: https://www.econbiz.de/10014265891
Using a dynamic panel data analysis, we explore the factors influencing financial inclusion in Sub-Saharan Africa (SSA …
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