Economic growth

Saving, debt inflows, and growth Nexus in Tunisia

Samir Abdelhafidh
Savings and Development Vol. 35(2011), No. 1, pp. 29-53

This paper investigates the causality links among domestic saving, external debt inflows, and economic growth in Tunisia over the period 1970-2008. The Autoregressive Distributed Lag (ARDL) approach proves cointegration relationships between the [...]

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Développement financier et croissance économique dans les Pais de l’UEMOA: y a-t-il des différences sectorielles?

Brou Emmanuel Aka
Savings and Development Vol. 34(2010), No. 3, pp. 343-368

This paper, firstly, takes advantage of the principal component analysis to build a synthetic financial development indicator for every state member of the West Africa Economic and Monetary Union (WAEMU). Secondly, it examines empirically the [...]

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Multivariate causality between financial depth and economic growth in Nigeria

Jude Okechukwu Chukwu and Cletus Chike Agu
African Review of Money Finance and Banking 2009, pp. 7-21

The study adopts the multivariate VECM to investigate the causality between financial depth and economic growth in Nigeria from 1971 to 2008. The results suggest that financial depth and economic growth have a stable long-run relationship. The study [...]

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New estimates of the effect of financial liberalisation on economic growth in Nigeria

Babajide Fowowe
Savings and Development Vol. 32(2008), No. 3, pp. 205-225

The theory of financial liberalisation advocates the freeing up of financial markets so as to ensure a more efficient allocation of investment and a consequent improvement in economic growth. Nigeria’s experience with financial liberalisation [...]

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Corporate governance, concentration, and economic growth in the GCC banking sector

Ibrahim Al Karasneh and Ali Bolbol
Savings and Development Vol. 32(2008), No. 1, pp. 51-75

The aim of this paper is to study the growth and corporate governance implications of market concentration in the GCC banking sector. It will begin by defining corporate governance, its significance in the context of banks, and how it can be [...]

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Financial liberalization, financial development and economic growth: evidence from Bangladesh

Sarkar Humayun Kabir and Hafiz Al Asad Bin Hoque
Savings and Development Vol. 31(2007), No. 4, pp. 431-448

Bangladesh started the process of financial liberalization since the late 1980’s. Like many other underdeveloped countries the consequences of financial liberalization in Bangladesh are dubious. Previous studies done in within the context of [...]

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Private savings, growth, dependency ratio and foreign capital: some issues and lessons from Malaysia

Marwan Abdul-Malik Thanoon and Ahmad Zubaidi Baharumshah
Savings and Development Vol. 31(2007), No. 4, pp. 399-417

This paper presents an empirical assessment of the determinants of private savings rate in Malaysia by focusing on the role of foreign savings and economic growth. The analysis, based on 40 years of observations, reveals that in the long-run [...]

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