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This study investigates the legitimacy of the relatively high interest rates charged by those microfinance institutions (MFIs) which have been transformed into regulated commercial banks using information garnered from a panel of 1232 MFIs from 107 developing countries. Results show that...
Persistent link: https://www.econbiz.de/10011409048
This study compares the responsiveness of microcredit interest rates to age, scale of lending and organisational charter. It uses an unbalanced panel of 300 MFIs from 107 developing countries from 2005 to 2015. Three key trends emerge from the results of a 2SLS regression. First, the adoption of...
Persistent link: https://www.econbiz.de/10011817165
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/10011698477
The purpose of the paper is to show that the nature of the relationship between governance and democracy varies … distinctive features of the other we find that governance and democracy are not just mutually reinforcing but even overlapping …, that only when we distinguish on theoretical ground governance from democracy we create the basis for analyzing their …
Persistent link: https://www.econbiz.de/10011817112
renewable energy development and the mediating effects of governance on that relationship. For this purpose, the Ordinary Least … robust across alternative specifications of natural resources and governance, except for forest resources, which have a …. Second, governance interacts with natural resource rents to generate positive effects across different governance …
Persistent link: https://www.econbiz.de/10013461726
Crimes and conflicts are seriously undermining African development. This article assesses the best governance tools in … population density. Justifications for the edge of corruption-control (as the most effective governance tool) and policy …
Persistent link: https://www.econbiz.de/10011410024
corruption-control is taking more seriously by the powers that be. (6) Good governance dynamics of political stability …
Persistent link: https://www.econbiz.de/10011410220
This paper examines the big questions of African comparative politics. It assesses the interaction of three crucial components in the development of the continent: law, democracy and quality of government. Political regimes of democracy, polity and autocracy are instrumented with income-levels,...
Persistent link: https://www.econbiz.de/10011410343
This study assesses the mobile phone in the diffusion of knowledge for better governance in sub-Saharan Africa for the … quality) and ten governance indicators that are bundled and unbundled. The following are the main findings. First, there is an … unconditional positive effect of mobile phone penetration on good governance. Second, the net effects on political, economic and …
Persistent link: https://www.econbiz.de/10011478778
governance determinants using a battery of contemporary and non-contemporary estimation techniques. The following findings are …, they are not for net FDI. Second, for contemporary specifications, the significance of the governance dynamics is as … follows in increasing order of magnitude: general governance, political governance, economic governance, political stability …
Persistent link: https://www.econbiz.de/10011409066