... and leave-one-out analyses. This paper supplements this with a discussion of comparative natural experiment insights from other provinces and countries. Findings The findings indicate that the Islamic banks-only policy has had a significant negative impact on short-term financial development...

... demand and its main drivers. Importantly, the results represent that financial development ( FD ) significantly mitigates the negative impact of policy uncertainty, highlighting its role as a stabilizing factor in monetary dynamics. The results show that FD fundamentally reshapes how uncertainty...

...Vaseem Akram; Anant Srivastav Purpose This study aims to investigate the nexus between natural resource rent and financial development, considering artificial intelligence ( AI ) as a moderator across 36 countries for the period from 2017 to 2023. Furthermore, this study categorises 36 countries...

... 2025 30 05 2025 © 2025 Emerald Publishing Limited 2025 Emerald Publishing Limited Licensed re-use rights only Central bank digital currency Keynesian Macroeconomics Monetary Financial development Financial inclusion Technology adoption E12 E42 E58 E60 O33...

.... deposit accounts), with institutional quality significantly moderating these relationships. Importantly, the model indicates that weaker institutional quality amplifies negative effects on access but strengthens positive effects on usage. The model also hypothesizes that low financial development...

... depth and financial efficiency but mitigates financial size. Second, apart from a thin exception (trade’s incidence on money supply), economic incentives (credit facilities and trade) are not consistently favorable to financial development. Third, information and communications technology improves only...