...Taiwo Akinlo Purpose Financial development and globalisation are performing important roles across the economies in the world. However, the increase and decrease in financial development and globalisation may have different impacts on economic growth contrary to the assumption of an intrinsic...

.... Findings Empirical results indicate that financial development (efficiency, access and depth) has a significant positive effect on socio-economic development in the sub-region, all other things being equal. Again, the results reveal that improved governance structures positively moderate the nexus between...

... economic growth through foreign direct investments (FDI). The present study endeavors to examine the relationship between FDI and economic growth in Tanzania during the period of 1991–2021. The analysis considers financial development, capital formation, and labor force involvement as intermediation...

... that financial development reinforces the positive influence of economic growth on SD in addition to the direct incremental impact they wield on SD. This suggests that financial development is one of the “influencing factors” and is positioned to potentially improve the relationship between economic growth...

...Abraham Emuron; D.P. van der Nest; Cephas Paa Kwasi Coffie Purpose This paper employs data from the World Bank to examine the effect of traditional banks on FinTech and financial development in the Southern African Development Community (SADC) region. Design/methodology/approach The study...

...Khadijah Iddrisu; Joshua Yindenaba Abor; Thadious Kannyiri Banyen Purpose The purpose of this study is to assess the extent to which the nexus between foreign bank presence (FBP) and inclusive growth is being impacted by the financial development. Design/methodology/approach The study used...

...Siphe-okuhle Fakudze; Asrat Tsegaye; Kin Sibanda Purpose The paper examined the relationship between financial development and economic growth for the period 1996 to 2018 in Eswatini. Design/methodology/approach The Autoregressive Distributed Lag bounds test (ARDL) was employed to determine...

...). The positioning of the study is also partly motivated by the evolving strand of financial development literature which has not focused the effect of financial access on gender economic participation (Dafe et al., 2018 ; Asongu et al., 2018a , b ; Bokpin et al., 2018 ; Gyeke-Dako...

...Clement Moyo; Pierre Le Roux Purpose The impact of financial development on economic growth has received considerable attention since the 2008/2009 global financial crisis. High levels of credit to the private sector were partly to blame for the crisis, and this has re-ignited the debate...

... with data of different orders and flexibility. Findings The findings indicate that financial development, especially when it is inclusive reduces the level of inequality in South Africa both in the short- and long-run. The results also highlighted that economic growth, external trade activities...

... implications – Four policy implications result: first, extreme caution is needed in the use of single equation analysis for economic forecasts; second, financial development leads more to investment flows than the other way round; third, financial allocation efficiency is more relevant as means to attracting...