Similar Search Results

Linkages between Financial Development, Financial Instability, Financial Liberalisation and Economic Growth in Africa

Batuo, Micheal - 2018

In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....

Persistent link: https://www.econbiz.de/10012933539

Linkages between financial development, financial instability, financial liberalisation and economic growth in Africa

Batuo, Michael Enowbi; Mlambo, Kupukile; Asongu, Simplice - In: Research in international business and finance 45 (2018), pp. 168-179

Persistent link: https://www.econbiz.de/10011983223

Inequality, ICT and financial access in Africa

Tchamyou, Vanessa; Erreygers, Guido; Cassimon, Danny - 2018

This study investigates the role of information and communication technology (ICT) on income inequality through financial development dynamics of depth (money supply and liquid liabilities), efficiency (at banking and financial system levels), activity (from banking and financial system...

Persistent link: https://www.econbiz.de/10011998776

Financial sector reforms and economic growth in Ghana : a dynamic ARDL model

Owusu, Erasmus L.; Odhiambo, Nicholas M. - In: Contemporary economics 9 (2015) 2, pp. 181-192

This paper examines the relationship between financial sector reforms and sustainable economic growth in Ghana. Employing the autoregressive distributed lag (ARDL) bounds testing approach and using GDP per capita as a growth indicator, this paper establishes a long-run relationship between...

Persistent link: https://www.econbiz.de/10011306016

Addressing the severity and intensity of poverty in Sub-Saharan Africa : how relevant is the ICT and financial development pathway?

Ofori, Isaac Kwesi; Armah, Mark Kojo; Taale, Francis; … - 2021

severity and intensity of poverty in Sub-Saharan Africa (SSA). Using data from the World Bank's World Development Indicators …

Persistent link: https://www.econbiz.de/10012650683

Towards inclusive growth in Africa : remittances, and financial development interactive effects and thresholds

Ofori, Isaac Kwesi; Gbolonyo, Emmanuel Y.; Dossou, Toyo … - 2023

remittances are not statistically significant in promoting inclusive growth in Africa. Notably, across the economic growth and …, they deepen the latter. Second, we find that Africa's underdeveloped financial sector dampens the marginal positive effect … with complementary policies to foster inclusive growth in Africa, a minimum threshold of 14.5% is required. We conclude by …

Persistent link: https://www.econbiz.de/10014265891

An empirical assessment of fintechs heterogeneous transmission channels to financial development among African economies

Okoli, Tochukwu Timothy; Tewari, Devi D. - In: Cogent economics & finance 8 (2020) 1, pp. 1-18

study hypothesized that Fintech transmits directly to financial development among emerging Africa but indirectly through … efficiency and financial inclusion as panaceas to promote financial development in Africa. …

Persistent link: https://www.econbiz.de/10013179597

Finance and growth : a survey of the theoretical and empirical literature

Eschenbach, Felix - 2004

This paper reviews the theoretical and empirical literature on links between domestic financial development and economic growth. It starts with the pioneers in this field and then classifies two main schools favouring liberal financial regimes. First McKinnon and Shaw advocated financial...

Persistent link: https://www.econbiz.de/10011335226

Extending the frontiers of financial development for sustainability of the MENA states : the roles of resource abundance and institutional quality

Onifade, Stephen T.; Gyamfi, Bright Akwasi; Haouas, Ilham; … - 2023

Resource abundance characterizes economies within the MENA region from North Africa to the Middle East. As such, to …

Persistent link: https://www.econbiz.de/10014339312

Discovering the true Schumpeter : new insights into the finance and growth nexus

Bofinger, Peter; Geißendörfer, Lisa; Haas, Thomas; … - 2022

Joseph A. Schumpeter is one of the most famous economists of the 20th century and the ’patron saint’ of the finance and growth literature. We have discovered that the prevailing literature has, however, misinterpreted Schumpeter, which leads to puzzling empirical results and difficulties in...

Persistent link: https://www.econbiz.de/10013201693