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This paper analyses the influence of financial development on income inequality. Throughout this work, one may find the overview of theoretical and empirical literature as well as the empirical model using fixed panel data method. This research paper tries to disentangle the opposing views on...
Persistent link: https://www.econbiz.de/10012303710
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Economic theory suggests that sound and efficient financial systems - banks, equity markets, and bond markets - which channel capital to its most productive uses are beneficial for economic growth. Sound and efficient financial systems are especially important for sustaining growth in developing...
Persistent link: https://www.econbiz.de/10013130769
This paper examines the dynamic causal relationship between financial development, external debt and investment in Lesotho, Namibia and Eswatini from 1980-2020 using a multivariate Granger-causality model. The study considers trade, savings and economic growth as intermittent variables in the...
Persistent link: https://www.econbiz.de/10014466539
Financial Inclusion for inclusive growth is a topic of contemporary significance and relevance. This study besides establishing the growth enhancing role of bank-based financial intermediation through empirical evidence has also found that access to finance by the poor is a prerequisite for...
Persistent link: https://www.econbiz.de/10013102296
and early twentieth century attempts to reshape the non-European world. In those earlier interventions, the ‘gift' of law … was integral to the civilising mission, promising both a ‘universal' mode of being in the world and a guide for realising … it. Thus it was imagined by some that (European) law could spearhead efforts to turn the new world to account, by …
Persistent link: https://www.econbiz.de/10012895218
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This paper examines the determinants of credit allocation to renewable energy firms in developing and transition countries. Using a simple en- dogenous growth model, we show that the development of the renewable energy sector, i.e. the diversification of renewable energy resources used in...
Persistent link: https://www.econbiz.de/10011753114
This paper examines the determinants of credit allocation to renewable energy firms in developing and transition countries. Using a simple endogenous growth model, we show that the development of the renewable energy sector, i.e. the diversification of renewable energy resources used in primary...
Persistent link: https://www.econbiz.de/10003288475
Persistent link: https://www.econbiz.de/10010388716