Kwaramba Marko

Affiliation: University of the Free State, QwaQwa Campus (South Africa)
  • 1 publications
  • 210 downloads
  • 624 views
  • 738 Views
  • 0 books

  • Institutions, credit markets and development in Sub-Saharan Africa

    Nyasha Mahonye , Kwaramba Marko , Coulibaly Amina doi: http://dx.doi.org/10.21511/bbs.11(4-1).2016.08
    Banks and Bank Systems Volume 11, 2016         Issue #4 (cont.)         pp. 169-178
    Views: 1205 Downloads: 317 TO CITE

    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 improve their institutions to increase the economic development of their countries. Also, improvement in markets, especially, credit access will increase development.

    Keywords: institutions, credit market, fixed effects, development and Africa.
    JEL Classification: E5, C23, O16, G1, G21

Banks and Bank Systems
Business, Management and Accounting Economics, Econometrics and Finance

Banks and Bank Systems

Connected authors
Nyasha Mahonye
  • 5 Articles
Coulibaly Amina
  • 1 Articles