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institutions, specifically personal freedom, and financial development in Africa. By employing data from 40 African countries over … importance of informal institutions in financial development in Africa but also, provides actionable recommendations for …It has repeatedly been claimed that institutions play an important, and decisive role in economic development. Many …
Persistent link: https://www.econbiz.de/10015375656
Africa is endowed with both natural resources and a young growing workforce. In light of this, it is obvious that … economic growth in Africa. In particular, this study examines the impact of labour market flexibility (regulations) on economic …
Persistent link: https://www.econbiz.de/10014516241
The World Bank (WB) has described the European Union (EU) as a convergence machine, and the real and institutional convergence has been achieved for a long period of time, and EU’s cohesion policy, alongside the Recovery and Resilience Facility (RRF), remains crucial for driving reforms and...
Persistent link: https://www.econbiz.de/10015202514
the quality of local institutions. Although the impact of national institutions on innovation is well-documented, the … China. We examine the adoption of these reforms between 2009 and 2016 as an exogenous shock to regional institutions. Our … highlights the critical role of government institutions in driving innovation across China, bringing to the fore important …
Persistent link: https://www.econbiz.de/10014632817
overcome these challenges and play a more active role in economic development through policy measures such as industrial policy …
Persistent link: https://www.econbiz.de/10014251150
-à-vis financial access and depth, inefficiencies characterising Africa’s financial institutions is the main reason remittances … shows that channelling resources into the development of Africa’s financial sector could yield shared income distribution ….02 (index) for that of financial institutions efficiency if Africa’s financial sector is to repackage remittances towards the …
Persistent link: https://www.econbiz.de/10013263036
African countries are negotiating the African Continental Free Trade Area with the aim to spearhead global value chain (GVC) trade among African countries as a driver for robust economic growth. This paper evaluates the participation of Sub-Saharan African Regional Economic Communities (RECs) in...
Persistent link: https://www.econbiz.de/10012805618
relationship between oil rents and entrepreneurial start-ups for oil-rich countries in Africa. Research Design & Methods: The study …-rich countries in Africa over a period of 2006-2018. Findings: The following results emerged. (1) Oil rent's impact is positive and … & Recommendations: This study revealed that the ability of oil rents to consistently promote entrepreneurial development in oil …
Persistent link: https://www.econbiz.de/10012803279
in Africa. They use data from Afrobarometer's wave 3 to construct trust measures. While I can perfectly replicate the …
Persistent link: https://www.econbiz.de/10015407987
) between the Economic Community of West African States (ECOWAS) and the Southern Africa Development Community (SADC) for the …This study investigates a comparative study on the threshold effects of inflation on financial sector development (FSD …, respectively, suggesting that inflation above these thresholds presents detrimental effects for financial development in both …
Persistent link: https://www.econbiz.de/10012219542