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Publications (33)
Blog
Discrimination against women and girls is a pervasive and long-running phenomenon that characterises Indian society at every level. India’s progress towards gender equality, measured by its position on rankings such as the Gender Development Index has been disappointing, despite fairly rapid rates...
Blog
Helsinki: symbol of peace in Aceh On the 15 August 2005, a government banquet hall in Helsinki became the centre point for international media. It was a day when the peace settlement between the Indonesian government and Aceh Independence Movement (Gereka Aceh Merdeka, GAM) known as the Helsinki...
Public sector schools operate within the broader context of political systems and the management of school systems can be influenced by political factors. Yet, there is a lack of quantitative or causal evidence on how political factors shape education systems and outcomes in developing countries...
Blog
When elephants fight, the grass suffers. According to an African proverb, when elephants fight, the grass suffers. In other words, when the big and powerful fight, it is the small who suffer. At UNU-WIDER’s recent conference, Responding to Crises, the focus of the debate was primarily on the grass —...
Rising powers have had a profound impact on the WTO. For over half a century the trading system was dominated by the US and other advanced industrialized states, with developing countries and their interests severely marginalized. However, over the course of the Doha Round of trade negotiations...
Blog
By Imed Drine Whilst having a global impact, the current financial and economic crisis is clearly affecting certain regions more severely than others. One region which may be amongst the worst affected is the Arab region. For some this might be surprising, given perceptions that either the region is...
Blog
Wim Naudé Following the US subprime mortgage crisis of 2007-2008, the world is now staggering from financial to economic crisis as many high-income economies are officially in recession. Now, having decimated Wall Street and then crippled Main Street, the financial crisis seems like a hurricane...
Blog
– Looking at the MDGs from a Different Angle?
George Mavrotas While recent years have witnessed new interest in the finance–growth nexus, the relationship between domestic resource mobilization and financial development remains relatively unexplored. However, issues related to domestic resource mobilization and financial development are central...
This volume explores the various linkages between financial development, institutions, growth and poverty reduction in low-income and transition countries. It is the result of a two-year research project undertaken by UNU-WIDER, and the strong range of contributions present a significant variety of...
– Further Evidence from Panel Data Models
From the book:
Domestic Resource Mobilization and Financial Development
This significant and timely volume offers crucial insights into the constantly evolving debate within the international development community regarding the mobilization of domestic resources and the crucial role that financial development can and should play in this regard. This book explores...
Working Paper
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– An Empirical Assessment of the Indian Economy
This study is an attempt towards an integration of financial development and its effect on the real sector via the transmission mechanism with special reference to developing and emerging market economies. It finds two cointegrating relations between the financial development, output growth and...
Working Paper
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Since 1992 Ethiopia has been engaged in liberalizing its financial sector. The hallmark of the strategy is gradualism. The approach is not without problems especially from Bretton Woods Institutions that saw the reform as a sluggish process. This study examines this liberalization program by...
Working Paper
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Since the 1990s economists have devoted considerable attention to the study of the relationship between financial markets development and economic growth. In particular, the emergence of stock markets with economic development is an intriguing and interesting aspect of such a relationship, and yet...
Working Paper
pdf
– The Experience of Morocco
Using a vector error-correction model, I explore the short-run dynamics and long-run linkages between financial reform and the mobilization of domestic saving in Morocco. In the short run, financial depth (volume of intermediation) is shown to have a positive influence on private saving, while...
Working Paper
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– A Risk-Cost Configuration Approach
The paper examines the source of financial market fragmentation in sub-Saharan Africa in the framework of institutional economics. Based on fieldwork data from Ghana, Malawi, Nigeria, and Tanzania, it analyses financial risk management, the transaction costs for loan screening and monitoring, and...
Displaying 16 of 33 results