Like all good theories, market efficiency has major limitations, even though it continues to be the source of important and enduring insights. This is a conceptual framework on global financial crisis and Efficient Market Hypothesis. Despite the theory's undoubted limitations, the claim that it...

The magnitude of COVID-19 is yet to be estimated and felt by countries. The pandemic has posed a major disruption to economic activity across the world. Using the model by Battese, G.E., Coelli, T.J. (1995) the translog production frontier was adopted to estimate technical efficiency of the...

Purpose – Africa is the continent with the weakest capital market hence inability to raise funds local for long term projects. The Banking sector development of a country is crucial for economic growth and development through the facilitation of trade. After the financial sector reforms in the...

Post-2015 Development Agenda put financial inclusion as a key objective for United Nations member countries. This objective seeks to improve people's livelihoods, reduce poverty, and advance economic development in member countries. It is asserted that there is a significant relationship between...