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The study examined a nonlinear relationship between inflation and growth through financial development using data for … Nigeria, Ghana and Cote d'Ivoire for periods between 1970 and 2010. The threshold value of inflation that could ensure … with estimates that suggest that the threshold level of inflation is between 5% and 10% per annum for Ghana, and 15% per …
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In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
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