Topic
Financial sector development
About: Financial sector development is a research topic. Over the lifetime, 1674 publications have been published within this topic receiving 90787 citations.
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Book•
26 Jan 2018
TL;DR: In this paper, the authors draw on the analytical framework of New Institutional Economics (NIE) to critically examine the role which law and the legal system play in economic development.
Abstract: This book draws on the analytical framework of New Institutional Economics (NIE) to critically examine the role which law and the legal system play in economic development. Analytical concepts from NIE are used to assess policies which have been supported by multilateral development organisations including securing private property rights, reform of the legal system and financial development. The importance of culture in shaping the legal environment, which in turn influences financial sector development, is also assessed using Oliver Williamson’s ‘levels of social analysis’ framework.
2 citations
01 Nov 2007
TL;DR: In this article, the authors propose a method to solve the problem of "uniformity" and "uncertainty" in the context of data mining, and propose a solution.
Abstract: vii
2 citations
TL;DR: In this article, the authors proposed a method to solve the problem of gender discrimination in the context of sexual harassment in the workplace, which is based on the concept of gender recognition.
Abstract: Article History Received: 6 August 2019 Revised: 9 September 2019 Accepted: 11 October 2019 Published: 25 November 2019
2 citations
Posted Content•
TL;DR: This article examined the determinants of China's development finance to developing countries with a focus on Asia from 2000 to 2012, and found that China's allocations decision for concessional development flows, or ODA, has mixed motives of humanitarian, commercial and strategic interests.
Abstract: This paper examines the determinants of China's development finance to developing countries with a focus on Asia from 2000 to 2012. It uses a recent version of China AidData, one of the most reliable and publicly available data sources that systematically collect and differentiate different types of China's official development financial flows. This paper differs from previous studies in two aspects that: (1) it analyzes a wider range of developing countries, moving beyond earlier research largely limited to Africa; and (2) it examines regional variation in China's motives for development financing. The findings show that China's allocations decision for concessional development flows, or ODA, has mixed motives of humanitarian, commercial and strategic interests. It is noteworthy that China's ODA appears not to be in competition against, but rather in a complementary form to, established donors in this period. Yet substantial regional variation is observed, suggesting different regional dynamics are at work. On the other hand, it is found that China's allocations decision for less-concessional development financing largely follows commercial considerations. This paper also provides detailed discussion of the trends in China's development finance to Southeast Asia, which is an Asian region critical for China's economic and foreign policy interests. The paper ends with a discussion of the implications of possible shift in China's overseas development finance strategy since 2011.
2 citations
Posted Content•
TL;DR: In this article, the effects of capital account liberalization on capital inflows to Sub-Saharan Africa were examined using both fixed effects and system-GMM estimators for a panel of SSA 13 countries from 1996 to 2013.
Abstract: Theory on capital account liberalization (CAL) posits that opening up capital accounts should result in inflows of capital to developing countries. Empirical evidence of this for Sub-Saharan Africa (SSA) remains wanting. This study was, therefore, aimed at examining the effects of CAL on capital inflows to SSA. We employ both Fixed Effects and System-GMM estimators for a panel of SSA 13 countries from 1996 to 2013. We also employ sample splitting and threshold effects methodology to examine possible asymmetries in capital flows to SSA. From our study, we find that capital account liberalization promotes capital flows to SSA. We also find evidence of the existence of threshold effects of financial sector development and institutional quality. That is, higher levels of intuitional quality and financial sector development are deemed beneficial to maximize benefits from CAL.
2 citations