This paper explores the contribution of credit growth and the composition of credit portfolio (corporate, consumer, and housing credit) to economic growth in emerging market economies (EMs). Using cross-country panel regressions, we find significant impact of credit growth on real GDP growth,...

"This book evaluates discourses on "Africa Rising" through various case studies, measures Africa's complex and uneven development over time, looks at how Africans utilize indigenous socio-political economic processes in the face of neocolonialism, and highlights African societal institutions...