This study investigates the convergence in transport infrastructure for 102 countries spanning 1990-2018 using Phillips and Sul econometric methodology. We constructed a transportation infrastructure by a composite index ...

This paper has tested whether bank-based financial development and market-based financial development are complements of, or substitutes for, one another in enhancing economic growth in the USA, Brazil and Kenya during ...

This study has empirically investigated the impact of bank development on unemployment in Kenya, based on time-series data spanning from 1991 to 2019. Using the ARDL bounds testing approach, the results of the study have ...

This study investigates the impact of bank regulation and supervision on bank credit in 23 sub-Saharan African (SSA) countries and their low- and middle-income groups from 1995 to 2017. The long-run results indicated that ...

In this paper, we have examined the impact of both bank- and market-based financial development on economic growth in Kenya during the period 1980 to 2012, using the autoregressive distributed lag bounds testing approach. ...

The paper applies a modified Hausmann, Rodrik, and Velasco (HRV) growth diagnostics framework to analyse Malawi’s growth challenges. The study finds five critical binding constraints affecting productive investment and ...

Compared to other regions of the world, Africa is lagging in its drive toward knowledge-based economies. This study systematically reviews the literature in order to highlight the policies and strategies with which African ...

Purpose – The purpose of the paper is to examine macroeconomic and institutional factors that influence capital flows to low-income sub-Saharan African (SSAn) countries. It analyzes capital flows in a disaggregated manner: ...

This study investigates the causal relationship between poverty reduction and foreign direct investment (FDI) inflows in South Africa using time-series data from 1980 to 2014. A trivariate framework is used in this analysis, ...

The main objective of this study is to investigate the causality between remittance and poverty in South Africa using time series data from 1980 to 2017. The study was motivated by the increasing role of remittance in ...