THE IMPACT OF CORRUPTION ON FINANCIAL DEVELOPMENT IN AFRICA
Abdelbagi Edrees Saied and
Mofidh Mohamed Awad-Allah
Additional contact information
Abdelbagi Edrees Saied: Al-Neelain University, Sudan
Mofidh Mohamed Awad-Allah: Al-Neelain University, Sudan
Noble International Journal of Economics and Financial Research, 2020, vol. 5, issue 2, 32-39
This study examines the impact of corruption on financial development in 50 African countries during the period 2000 â€“ 2014. The study uses dynamic system GMM estimator because it take care the endogeneity and country-specific-effect problems that may arise in panel data estimation. The results show that control of corruption, bank branches, human capital are highly determine financial development in Africa. The results provide empirical evidence for African policy-makers to introduce polices that aim to lower and to control corruption and to cover large areas by commercial bank branches in addition to invest more in the education of human capital.
Keywords: Corruption; Financial Development; Africa; GMM (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nap:nijefr:2020:p:32-39
Access Statistics for this article
Noble International Journal of Economics and Financial Research is currently edited by Dr. Elif Akben-Selcuk
More articles in Noble International Journal of Economics and Financial Research from Noble Academic Publsiher Flat 290 B N Block Model Town, Lahore, Punjab, Pakistan.
Bibliographic data for series maintained by Managing Editor ().