Financial system development and economic growth in selected African countries: evidence from a panel cointegration analysis
Financial systems (i.e. banking systems and stock markets) can influence economic growth by performing the five key financial functions, namely: mobilising savings, allocating capital, easing of exchange, monitoring and exerting corporate governance, as well as ameliorating risk. The level of develo...
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| Format: | Others |
| Language: | English |
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Rhodes University
2011
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| Online Access: | http://hdl.handle.net/10962/d1002713 |