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major determinant of economic growth and productivity (Levine, Loayza and Beck 2000). Typically, paradigms are based on … that financial development and credit booms might not only support growth but jeopardize the whole economic system. While … there exists a huge literature on the finance growth nexus before the international financial crisis analyses on post …
Persistent link: https://www.econbiz.de/10012153547
The present study aims to investigate the financial liberalisation and growth nexus in Pakistan by using the FM … financial development promotes the economic growth of the country. Moreover, Investment, human capital, trade openness and … government expenditure are also significant contributors to economic growth. …
Persistent link: https://www.econbiz.de/10012814294
This paper aims to investigate the long-run relationship between financial development and economic growth using panel … growth. The long-run panel estimates indicate that financial development has a positive and significant impact on economic … growth. For the robustness of the results, this paper has also performed time-series analysis on a single country basis. The …
Persistent link: https://www.econbiz.de/10011904249
This paper, using the most recent index of financial development as developed in an IMF publication by Svirydzenka, examines the role of overall financial development, financial institutions, and financial markets in the export performance of Nepal employing the Autoregressive distributed lag...
Persistent link: https://www.econbiz.de/10013184397
This paper explores the long-run effects of inflation on the dynamics of private sector bank credit and economic growth … private sector. Another crucial finding is that policies of financial liberalization have helped stimulate economic growth …. Reinforcing the literature on finance and growth, this study reaffirms that inflation rates are detrimental to long-run financial …
Persistent link: https://www.econbiz.de/10010385259
growth in Botswana from 1976-2014 by employing a multivariate causality model. Results reveal that it is chiefly investment … to Granger-cause investment. Economic growth Granger-causes investment and savings, both, in the short run and long run …. Further, only bank-related financial development is found to Granger-cause economic growth in Botswana. …
Persistent link: https://www.econbiz.de/10012012444
growth and ensure that no Africans are excluded from access to financial services. However, DIW Berlin data from Uganda show …
Persistent link: https://www.econbiz.de/10012231955
Mit Hilfe von Mobile Money können Finanztransaktionen über ein Handy getätigt werden. Auch in armen Gegenden Afrikas besitzt fast jeder ein Mobiltelefon. Mobile Money könnte dafür sorgen, dass niemand mehr von Finanzdienstleistungen ausgeschlossen bleibt, und so zum wirtschaftlichen...
Persistent link: https://www.econbiz.de/10012232725
exceptionally low in Mexico. Using panel data methods linking credit growth and fundamentals, this paper estimates a long-term gap …
Persistent link: https://www.econbiz.de/10012112941
This paper investigates whether financial development is conducive in poverty reduction. Separating financial development into four categories and using newly available data this paper finds that both financial deepening and greater physical access is beneficial in reducing the proportion of...
Persistent link: https://www.econbiz.de/10011779568