Finance and growth in Africa: The broken link |
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| Authors: | Panicos O Demetriades Gregory A James |
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| Institution: | aDepartment of Economics, University of Leicester, United Kingdom;bSchool of Business and Economics, Loughborough University, Leicestershire LE11 3TU, United Kingdom |
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| Abstract: | While bank liabilities in Sub-Saharan Africa are found to follow (but not lead) economic growth, the link between bank credit and growth is altogether absent. |
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| Keywords: | JEL classification: G21 016 |
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