...Chinedu Joel Ogbodo; Anthony Orji; Emmanuel Nwosu; Onyinye Imelda Anthony-Orji; Ngozi Juliana Obiorah Purpose This study aims to investigate the relationship between financial development, institutional quality and economic performance in sub-Saharan Africa ( SSA ). It further examines how...

...Barbara Deladem Mensah; George Tweneboah; John Gartchie Gatsi; Simplice Asongu Purpose This paper aims to examine the threshold effect of financial development on sectoral efficiency using 42 African countries from 2000 to 2020. Design/methodology/approach The paper used the panel threshold...

...–2023. The use of these models enables a detailed analysis of the effects of diaspora remittances on two financial development indicators: credit to the private sector and broad money supply. This approach allows for a clear differentiation between long-run equilibrium relationships and short-run...

...Aijaz Ahmad Bhat; Javed Ahmad Bhat; Javaid Iqbal Khan Purpose This paper aims to examine the impact of central bank independence ( CBI ), both de jure and de facto, on the fiscal deficit ( FD ) in the case of India from 1980–1981 to 2018–2019. With the level of financial development proxied...

...Pelin Öge Güney Purpose This study aims to emphasize the importance of developing financial institutions and markets to support sector-specific growth for Turkey. Design/methodology/approach To measure financial development, this study uses a newly constructed financial development index...

...Anam Ul Haq Ganie; Masroor Ahmad Purpose This study aims to examine the asymmetric and nonlinear relationships between energy consumption, financial development and economic growth in India, a developing economy characterised by structural and institutional complexities. It further investigates...

...Muzffar Hussain Dar; Md Zulquar Nain Purpose This study aims to examine the stochastic conditional convergence of financial development (FD) using both time series and panel frameworks for emerging South Asian countries over the period 1990–2020. In contrast to existing studies that predominantly...

... of South Asian countries. Thus, this study aims to determine the impact of financial accessibility and sustainable energy on financial development in South Asian countries. Design/methodology/approach Data is gathered from six South Asian countries: Bangladesh, Bhutan, India, Nepal, Pakistan and Sri...

... macroeconomic objectives of many countries (Thaddeus et al., 2024 and Sethi and Acharya, 2018). Financial development mirrors the health of the financial system and standard of living of the general population in many nations. The financial sector of every economy consists of the formal, informal...

...Barbara Deladem Mensah; George Tweneboah; Simplice Asongu; Thomas Elorm Tagbotor Purpose This study aims to examine the growth effects of foreign direct investment (FDI) inflows, financial development and institutional quality in emerging economies. The research covers 24 years of panel data of 33...

...Arif Mohd Khah; Masroor Ahmad Purpose This study aims to assess the nexus among output growth, renewable energy consumption, financial development and environmental quality (EQ) in the presence of non-renewable energy consumption for India using annual time series data for the period 1980–2021...

...Vaseem Akram; Anant Srivastav Purpose Over the past few decades, BRICS nations have implemented several environmental legislations to combat environmental issues, along with the development of the financial sector. However, they still face the dual challenge of balancing financial development (FD...

...Inder Sekhar Yadav; Phanindra Goyari Purpose This work aims to empirically investigate the effects of financial development on crop productivity of India. Design/methodology/approach Time series data such as crop production index, International Monetary Fund’s (IMF) financial development index...

...Chandan Sharma Purpose This study aims to re-examine the growth effects of tourism and role of financial development in this process for countries across the globe for the period 1995–2018. Design/methodology/approach Considering the asymmetric effect of tourism on economic performance...

... The findings of the direct effect reveal that remittances do not constitute the growth of financial development, while institutional quality promotes the growth of financial development in the long. The moderating effect of institutional quality in the linkages shows that the interactive term of institutional...

...Eric Justice Eduboah Purpose This paper aims to reexamine the relationship between financial openness and financial development in Ghana. Design/methodology/approach The study applied maximum likelihood estimation and autoregressive distributed lag approach and tested Granger causality using...

...Muzffar Hussain Dar; Md Zulquar Nain Purpose This study aims to examine the effect of economic growth and the moderating impact of inflation on financial development (FD) for six South Asian Association of Regional Countries (SAARC)es during the period of 1990–2020. Besides, the inflation...

... sector in these economies. Furthermore, moderating empirical analysis suggests that effective governance positively moderates the relationship between banking industry innovations and financial development among economies in the subregion. Originality/value This study’s approach to the mechanics...

...Amsalu Bedemo Beyene Purpose The main purpose of this study is to examine the political economy of financial development in Ethiopia, specifically, to test the empirical relevance of the interest group theory of financial development in the context of Ethiopia. Design/methodology/approach...

... impact on the lending rate in selected Asian developing countries during the period under the study. Practical implications The outcomes have many relevant policy implications that stronger financial development sector contributes to the efficiency of monetary policy. Regulators and policymakers...