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FINANCIAL INTERMEDIATION AND ECONOMIC GROWTH

By Aminu Abu

FINANCIAL INTERMEDIATION AND ECONOMIC GROWTH

0 - Default Title
Description
This book focused on the influence of financial intermediaries factors on economic growth in West African countries with specific examination of Cape Verde, Ghana, Ivory Coast, Nigeria and Senegal, using the panel data model. The specific objectives centred on the examination of the effect of each of money supply, interest rate, credit to private sector and deposits with deposit money banks on: economic growth, proxy by real GDP growth rate in the studied countries, using the Panel Autoregressive Distributed Lag (ARDL) model. Findings in the study showed that a strong, positive and significant relationships exist between money supply, credit to private sector, deposits with deposit money banks and real GDP growth rate, with the exemption of interest rate. The implication of this finding is that financial intermediaries have helped to promote economic growth in West African countries significant in driving per capita GDP in the region. The study hence suggests that authorities in West Africa should implement policies that should enhance the performance of financial intermediaries to advance economic growth, while keeping an eye on inflation and interest rate.
Product details
Binding:
Paperback
Number of Pages:
108
Release Date:
2025-09-19
Publication Date:
2025-09-19
Publisher:
GlobeEdit
Languages:
Original: English
ISBN10:
6209070086
ISBN13:
9786209070082
GPSR Manufacturer Reference:
[email protected]
Weight:
179 g
Height:
150 cm
Width:
220 cm
Thickness:
7 cm
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