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Developing Myanmar's Finance Sector to Support Rapid, Inclusive, and Sustainable Economic Growth

Nehru, Vikram K. - 2015

prudently; provide a wide variety of financial services to firms, farms, and households; mobilize savings effectively; identify … rapid and inclusive growth in Myanmar …

Persistent link: https://www.econbiz.de/10013016131

Towards inclusive growth in Africa : remittances, and financial development interactive effects and thresholds

Ofori, Isaac Kwesi; Gbolonyo, Emmanuel Y.; Dossou, Toyo … - 2023

The study employs macro data for 42 African countries to examine the interactive and threshold effects of financial development in the remittances-inclusive growth relationship. First, evidence based on the system GMM estimator shows that remittances are not statistically significant in...

Persistent link: https://www.econbiz.de/10014265891

Financial inclusion and inclusive growth in sub-Saharan Africa

Sarpong, Bernard; Nketiah-Amponsah, Edward - In: Cogent economics & finance 10 (2022) 1, pp. 1-17

This paper empirically examines the quantitative relationship between financial inclusion and inclusive growth in sub-Saharan Africa using a panel of 46 countries for the period 2004–2018. The evidence suggests that usage of financial services, among other covariates, has a quantifiable and...

Persistent link: https://www.econbiz.de/10013461052

China's march to prosperity : reforms to avoid the middle-income trap

Koen, Vincent; Herd, Richard; Hill, Sam - 2013

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced economies, even though growth is likely to slow from near double-digit rates in the first decade of this millennium to around 7% at the 2020 horizon. However, in order to...

Persistent link: https://www.econbiz.de/10010231008

Which way to go now? : financing economic growth in the sustainable development era

Basu, Sudip Ranjan; Das Gupta, Monica - In: Asian development review : studies of Asian and pacific … 40 (2023) 2, pp. 177-209

Our paper uses a novel methodology to reexamine the relationship between financial development and economic growth in the era of sustainable development. Our empirical procedure deals with both functional-form misspecification bias as well as bias from endogenous regressors. It also provides an...

Persistent link: https://www.econbiz.de/10014426285

Extending the frontiers of financial development for sustainability of the MENA states : the roles of resource abundance and institutional quality

Onifade, Stephen T.; Gyamfi, Bright Akwasi; Haouas, Ilham; … - 2023

Resource abundance characterizes economies within the MENA region from North Africa to the Middle East. As such, to improve financial development (FD) for regional economic sustainability, this study provides a comprehensive analysis of the roles of natural resources abundance and institutional...

Persistent link: https://www.econbiz.de/10014339312

Long-run relationships among financial development, financial inclusion, and economic growth : empirical evidence from Kenya

Musembi, Gabriel Raid; Chun, Sungju - In: Global business and finance review 25 (2020) 4, pp. 1-11

Purpose: This study aims to assess the impact of financial development and financial inclusion on economic growth in Kenya by investigating the long-run relationships among them. Design/methodology/approach: This study uses bank claims on the private sector and broad money to proxy for financial...

Persistent link: https://www.econbiz.de/10012489070

The finance-growth nexus in Botswana : a multivariate causal linkage

Muyambiri, Brian; Chabaefe, Nancy Neoyame - In: Dutch journal of finance and management 2 (2018) 2/03, pp. 1-6

This paper evaluates the dynamic causal relationship between financial development, savings, investment and economic … development drives bank-related financial development and savings in both the short run and the long run. While, savings are found … to Granger-cause investment. Economic growth Granger-causes investment and savings, both, in the short run and long run …

Persistent link: https://www.econbiz.de/10012012444

Financial inclusion in developing countries : a review of the literature on the costs and implications

Ngonyani, Danstun - In: Financial studies 26 (2022) 1, pp. 54-77

This article examines research reviews of financial inclusion comprehensively in terms of its nature, basic reasons behind financial exclusion, costs, and implications of financial exclusion in developing countries. Specifically, the study intends to analyze the extent to which the existing...

Persistent link: https://www.econbiz.de/10013382084

Review of Literature on Finance-Growth Nexus

Saqib, Najia - 2018

This study discusses the current state of knowledge on the financial development and economic growth by reviewing the most decisive theoretical and empirical contributions. It is obvious that financial development is at least correlated with economic development and that a sound and refined...

Persistent link: https://www.econbiz.de/10012907618

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