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Does Openness Matter for Financial Development in Africa?

Jun 09, 2014 | A.C. David, M. Mlachila, A. Moheeput | IMF
This paper analyses the links between financial and trade openness and financial development in Sub-Saharan Africa (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationary, important econometric problems that are often ignore in the literature.
Theme: Financial Inclusion, Banking Supervision and Regulation, Financial Stability & Governance | Pages: 38
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