In this article, a non-linear approach is used to examine the effects of developing financial structures on the economic growth of West African states. To do this, we use the MMG-system to estimate quadratic models such as those proposed by Gambarta et al. (2014) for dynamic panels. Over the...

This article examines the effect of remittances on economic growth, highlighting the main transmission channels. Using the SGMM method, estimates based on data from 27 developing countries show that remittances have a positive and significant effect on economic growth. The results don’t allow...

This paper aims to characterize the behavior of economic agents on Sub-Saharan Africa’s credit market in order to understand the financial exclusion of poor households. Through its theoretical approach, it gives a description of the functioning of the credit market. By considering the social...

This paper addresses the macroeconomic impact of international financial integration. I first provide empirical evidence that foreign banking penetration can be associated with a contraction of banking credit, especially in countries with poor credit markets. Second I present a model in which...

Our study aims at measuring banking system efficiency for France and WAMU, by isolating environmental specificities to each region. Our results show that the two banking systems have quite close efficiency scores about 80%. As their french counterparts, WAMU banks are efficient; however this...

This paper aims at reviewing selected literature on (1) structural financial changes observed in a large sample of transition economies in the Central and/or Oriental Europe during the last two decades, (2) efficiency of this financial liberalization in relative terms (in macroeconomic sense),...

French Abstract: Les entreprises camerounaises ont-elles plus que par le passé accès au crédit en fonction de leur performance? A partir des données des entreprises manufacturières camerounaises, l'article compare les résultats issus de deux sous échantillons, avant les réformes et la...

French Abstract: Dérivé du terme crowdsourcing, le crowdfunding (ou financement participatif) est une méthode de levée de fonds, principalement sur Internet, qui s'appuie sur les réseaux sociaux et les plates-formes communautaires. Face aux contraintes réglementaires restreignant son...

La longue recession de l'economie mondiale dans les annees 1990 redonne de l'eclat aux conceptions financieres du cycle economique. La mode du cycle reel, qui avait prevalu dans le sillage de la nouvelle economie classique, a du mal a apprehender les evenements qui se sont succede depuis 1989,...