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This paper reviews the main features of the banking and financial sector in ten new EU members, and then examines the relationship between financial development and economic growth in these countries by estimating a dynamic panel model over the period 1994-2007. The evidence suggests that the...
Persistent link: https://www.econbiz.de/10013047876
Africa, inviting a gendered and social analysis of deconstructing financial behaviour. Women in South Africa are more likely … important effect in South Africa. Much of these gender differentials is related to differences in gendered behaviour, yet …
Persistent link: https://www.econbiz.de/10012985664
This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial...
Persistent link: https://www.econbiz.de/10013136951
The diversity of social interaction within economic communities affects productivity and growth, and is itself shaped by economic conditions. These reciprocal effects raise the possibility of multiple equilibria, of setting a socially polarized economy stagnating in poverty on a new path of...
Persistent link: https://www.econbiz.de/10012917100
This paper analyzes the role of networks in the spatial diffusion of local economic shocks in Africa. We show that road … then determine the key players, i.e., which districts are key in propagating local economic shocks across Africa. Using …
Persistent link: https://www.econbiz.de/10012838479
authority on growth rates in the Middle East and North Africa (MENA) region using panel data through a fixed effect model. The …
Persistent link: https://www.econbiz.de/10013029625
so prevalent in the continent. Using large world samples, the literature has found that financial development increases …
Persistent link: https://www.econbiz.de/10013324873
In recent years, the private sector has been recognized as a key engine of Africa's economic development. Yet, the most … sector countries are concentrated in Western Africa (Cote d'Ivoire, Guinea, Niger, Senegal and Togo), Central Africa … (Cameroun, Republic of Congo) and Eastern Africa (Kenya, Sudan, Uganda and Tanzania), with the addition of Mauritius. Countries …
Persistent link: https://www.econbiz.de/10013112779
This paper examines micro-level channels of how financial development can affect macroeconomic outcomes like the level of income and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation and export activities, using unique firm survey...
Persistent link: https://www.econbiz.de/10013039087
This paper suggests that the weak empirical effect of human capital on growth in existing cross-country studies is partly the result of an inappropriate specification that does not account for the different channels through which human capital affects growth. A systematic replication of earlier...
Persistent link: https://www.econbiz.de/10013120134