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Purpose - This study assesses the effect of time-dynamic financial globalisation uncertainty on financial development in 53 African countries for the period 2000-2011. Design/methodology/approach - Financial globalisation uncertainty is estimated as time-dynamic to capture business cycle...
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openness, real interest rate and economic growth in case of Pakistan's economy, for this purpose annual data for the period of … 1975-2009 is considered. Bound testing approach of co-integration which was advanced by Pesaran (2001) and error correction … real interest rate and financial openness in the short-run can cause very weak, suggesting further promote reforms process …
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In this paper we examined the impact of the liberalization of financial sector on growth in small open economy of Ghana …-run positive and significant impact of financial liberalization on per capita GDP growth …
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