2016
DOI: 10.21511/bbs.11(4-1).2016.08
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Institutions, credit markets and development in Sub-Saharan Africa

Abstract: This paper reviews the evidence on the impact of institutions and credit market on development outcomes. The study uses panel data techniques and the data is from 1995 to 2013. The results shows that the better the institutions, the higher the credit extension to the private sector and higher the level of economic development. This applies also to credit market. If credit market functions well, development is bound to increase. This has important implications for policy in Africa. Governments should aim to imp… Show more

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Cited by 3 publications
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