Institutions, credit markets and development in Sub-Saharan Africa
| Autor: | Coulibaly Amina, Nyasha Mahonye, Kwaramba Marko |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Marketing
Organizational Behavior and Human Resource Management Economic growth Sub saharan Index (economics) business.industry 05 social sciences Scopus World Wide Web lcsh:HG1501-3550 Management of Technology and Innovation 0502 economics and business lcsh:Banking Business 050207 economics Law Publication 050203 business & management Finance |
| Zdroj: | Banks and Bank Systems, Vol 11, Iss 4, Pp 169-178 (2016) |
| ISSN: | 1991-7074 1816-7403 |
| DOI: | 10.21511/bbs.11(4-1).2016.08 |
| Popis: | This paper reviews the evidence on the impact of institutions and credit market on development outcomes. The study uses panel data techniques and the data is from 1995 to 2013. The results shows that the better the institutions, the higher the credit extension to the private sector and higher the level of economic development. This applies also to credit market. If credit market functions well, development is bound to increase. This has important implications for policy in Africa. Governments should aim to improve their institutions to increase the economic development of their countries. Also, improvement in markets, especially, credit access will increase development. Keywords: institutions, credit market, fixed effects, development and Africa. JEL Classification: E5, C23, O16, G1, G21 |
| Databáze: | OpenAIRE |
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