Showing 1 - 10 of 2,448
Persistent link: https://www.econbiz.de/10011962248
The study assesses the role of globalization-fuelled regionalization policies on financial allocation efficiency in … four economic and monetary regions in Africa for the period 1980 to 2008. Banking system and financial system efficiencies … are used as dependent variables whereas seven bundled and unbundled globalization variables are employed as independent …
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The present inquiry contributes to extant literature by simultaneously accounting for variations in financial development and financial globalisation in the assessment of hypothetical initial financial development conditions for the rewards of financial globalisation. The policy relevance for...
Persistent link: https://www.econbiz.de/10011407925
Purpose - We investigate if financial development benefits from financial globalisation are questionable until certain thresholds of financial globalisation are attained. Design/methodology/approach - Financial globalisation is proxied with Net Foreign Direct Investment Inflows as a percentage...
Persistent link: https://www.econbiz.de/10011407934
globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of … object is to assess if financial benefits of financial globalization are questionable until greater domestic financial … the financial development benefits of financial globalization. The estimation approach consists of assessing the impact of …
Persistent link: https://www.econbiz.de/10011410072
This paper examines how regionalization in the face of globalization has affected financial development in the context … of banking system efficiency in Africa. Results which are robust to financial system efficiency and growth …/projects with deposits; (3) increase in welfare has positively affected the intermediary role of banks; (4) globalization tends to …
Persistent link: https://www.econbiz.de/10011410415
This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...
Persistent link: https://www.econbiz.de/10011410623
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