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This study investigates the role of insurance in economic growth on a panel of forty-eight countries in Africa for the … period 2004-2014. The research question the study seeks to answer is the following: what thresholds of insurance penetration … positively affect economic growth in Africa? The empirical evidence is based on Generalized Method of Moments. Life insurance …
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. In periods in which one of the agents needs extra consumption (insurance), it is socially optimal to reduce the … state of the economy. The provision of insurance that is implemented by reducing capital accumulation deteriorates the …
Persistent link: https://www.econbiz.de/10013096555
This paper aims to review the role of insurance on economic growth and to analyse challenges and prospects of insurance … contribution of insurance on economic growth and prospects as well as challenges of insurance sector in the context of Bangladesh …. Insurance has significant contribution on economic growth of a country that facilitates to create a strong capital base and gain …
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The objective of this study is to analyse the relationship of economic growth and financial development as determinants of NLI premium consumption, using data from a highly volatile economic environment. The empirical results revealed a positive relationship among economic growth, credit, and...
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