This research seeks to identify the factors that account for the variation in development levels across nations by … focusing on the institutional components of development, especially the effects of financial market development on economic and … political development. I argue that financial market institutions are critical to economic and political development, and …

We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken …. Studies that do not address endogeneity tend to overstate the effect of finance on growth. While the effect seems to be weaker …

This paper focuses on how political regimes affect financial development in Africa, contingent on religious … propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …

goals, the mediating role of institutions in how finance influences the development of the industrial sector across … institutions in the relationship between finance and industrial development of South Africa for the period 1984-2021. To evaluate … relationships. The findings of the study revealed that finance impacts industrial development positively in South Africa, but this …