This study examines whether social capital is an element that has a significant relationship with Brazilian states’ economic performance in the period of 1996 to 2008. The issue is addressed by the ideas of Bourdieu (1980, 1986), Coleman (1988, 1990) and Putnam et al. (1993), considering that...

This paper dissects with great acuteness, the issues of convergence in financial performance dynamics in the African continent through the lenses of stock market capitalization, value traded, turnover and number of listed companies. The empirical evidence is premised on 11 homogenous panels...

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-led-finance nexus reveal that in the post-regionalization era: (1)...