SYSTEME BANCAIRE ET CROISSANCE ECONOMIQUE AU CAMEROUN

BANKING SYSTEM AND ECONOMIC GROWTH IN CAMEROON

Nadine Sabine Ekamena Ntsama, Adèle Micheline Ngo Bilong and Abdoul Dani Alhadji

MPRA Paper from University Library of Munich, Germany

Abstract: This study aims to assess the effect of bank credit granted to the private sector and gross domestic savings on economic growth in Cameroon. We use the Ordinary Least Squares method on time series data for a period from 1980 to 2019 from the World Bank (WDI). The main results show that credit granted to the private sector by banks and gross domestic savings have a positive and significant effect on economic growth in Cameroon over the study period. In sum, we find the existence of a significant effect of the banking system on economic growth in Cameroon between 1980 and 2019. It emerges the main recommendation that the country's political decision-makers must promote the development of the banking system and focus on restructuring financial development to accelerate sustainable short- and long-term growth

Keywords: Economic growth; private credit; gross domestic savings; financial development (search for similar items in EconPapers)
JEL-codes: E51 (search for similar items in EconPapers)
Date: 2022-04-06
New Economics Papers: this item is included in nep-ban, nep-fdg and nep-his
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:112649

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