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This study examines the effect of regulatory independence of the central bank in shaping the impact of electoral cycles on bank lending behaviour in Africa. It employs the dynamic system Generalized Method of Moments (SGMM) Two-Step estimator for a panel dataset of 54 African countries over the...
Persistent link: https://www.econbiz.de/10014549289
The objective of this study is to examine the effect of political inclusion on democracy in Africa. The results of the … analyses through the OLS, system GMM, IV-Tobit and IV-2SLS show that gender political inclusion enhances democracy in Africa …. This result is robust across alternative specifications of political inclusion and democracy. Besides, the results equally …
Persistent link: https://www.econbiz.de/10014278443
components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity …-stability, regulation quality and rule of law. Findings indicate democracy has an edge over autocracy while the later and polity overlap. A … democracy that takes into account only the voice of the majority is better in government quality than autocracy, while a …
Persistent link: https://www.econbiz.de/10011390781
propensity to effect policies that favour the development of financial intermediary depth, activity and size. Democracy has … policies towards financial development. As a policy implication, once democracy is initiated, it should be accelerated (to edge …
Persistent link: https://www.econbiz.de/10011390784
The objective of this study is to examine the effect of political inclusion on democracy in Africa. The results of the … analyses through the OLS, system GMM, IV-Tobit and IV-2SLS show that political inclusion enhances democracy in Africa. This … result is robust across alternative specifications of political inclusion and democracy. Besides, the results equally stood …
Persistent link: https://www.econbiz.de/10012872976
African countries for the period 1994-2010. Political regimes of democracy, polity and autocracy are instrumented with income … that democracy has an edge over autocracy while the latter and polity overlap. As a policy implication, democracy once …
Persistent link: https://www.econbiz.de/10011596355
Several previous studies have explored the nexus between trust and socio-economic conditions but do not attempt to examine channels through which the relation operates. In this paper, we examine how political fractionalization mitigates the positive relationship between trust institutions and...
Persistent link: https://www.econbiz.de/10014278159
The objective of the paper is to evaluate whether there is a change in the level or trend of food prices in fragile countries following the Covid-19 pandemic and the Russia-Ukraine war. The empirical evidence is based on Interrupted Time Series Analysis. The following findings are established....
Persistent link: https://www.econbiz.de/10014278266
At the 2010 G20 Summit, the use of formal financial services was recognized as one of the main pillars of the global development agenda. At the same time, the fifth goal of the Sustainable development agenda outlined the importance of gender inclusion for sustainable development. Empirical...
Persistent link: https://www.econbiz.de/10014278475
Several previous studies have explored the relationship between trust and socio-economic conditions but do not attempt to examine channels through which the relation operates. In this paper, we examine how political fractionalization mitigates the positive relationship between trust institutions...
Persistent link: https://www.econbiz.de/10014549326