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Recent Issues on Financial Development in Sub-Saharan Africa

Name: Recent Issues on Financial Development in Sub-Saharan Africa
Brand: VDM Verlag
SKU: 06822110
Price: 49.89 EUR
Availability: InStock
Author: Hakeem Mobolaji
ISBN: 9783639134087

Financial Development and Economic Growth in Sub-Saharan African Countries

Hakeem Mobolaji

Lingua

Inglese

Libro In brossura

Codice Libristo: 06822110

Casa editrice VDM Verlag, febbraio 2010

Africa s long-run growth performance has been referred to as the economic tragedy of the twentieth... Descrizione completa

Codice Libristo: 06822110

122 b

49.89 €

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Africa s long-run growth performance has been referred to as the economic tragedy of the twentieth century with current real per-capita income approximately the same as in the mid-1970s. Economic growth remains below the level required for these countries to meet the target established in the Millennium Development Goals (MDG) of halving poverty by the year 2015. Despite the latest modest improvement in the growth rate, the region is still with lowest per capita income and highest poverty rate in the world.This book empirically analyses the impact of financial development on economic growth in SSA countries. In particular, it also assesses the Long-run effect of spatial externality and human capital on financial development and economic growth in the region.