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Africa), income-levels (low, middle, lower-middle and upper-middle), legal-origins (English common-law and French civil …-law) and religious dominations (Christianity and Islam). We examine convergence in financial intermediary dynamics of depth … size respectively. We also provide the speeds of convergence and time necessary to achieve a full (100%) convergence …
Persistent link: https://www.econbiz.de/10011410269
official authorities for various reasons, in financial development convergence. Using panel data from 156 countries over the … development convergence weakens, and eventually can turn out to be divergence. This finding suggests that policies addressing … show that higher informality is also associated with weaker income convergence across countries over time. …
Persistent link: https://www.econbiz.de/10014584710
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KfW has been assigned responsibility by the German government and several other donors for projects designed to reconstruct the financial landscapes of Southeast Europe. These activities are recognized as quite successful in building sustainable financial institutions that serve the small end of...
Persistent link: https://www.econbiz.de/10001794542
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/combination and financial sector. It was also found that the independence of the Bank of England (BoE) and withdrawal from the …
Persistent link: https://www.econbiz.de/10012947059
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This study investigates the effect information sharing has on financial sector development in 53 African countries for the period 2004-2011. Information sharing is measured with private credit bureaus and public credit registries. Hitherto unexplored dimensions of financial sector development...
Persistent link: https://www.econbiz.de/10011496420
by the Financial Development and Structure Database of the World Bank. The findings consistently reveal: (i) positive …
Persistent link: https://www.econbiz.de/10011407925