Using a panel fixed effects model for a sample of 121 countries covering 1975–2005, we
examine how financial development, financial liberalization and banking crises are related …

Работа посвящена генезису теории человеческого капитала, её операцио-нализации и
внутреннему развитию. На широком материале классических и современных …

Abstract Sub-Saharan African (SSA) countries are struggling as they have a lower level of
human capital than developed countries. These economies are also trying to develop their …

The paper yields new evidence on real income convergence for euro area (EA) countries
since the mid-1980s, with a special focus on the effects of the subprime and sovereign debt …

Abstract According to the United Nations 2030 Agenda for Sustainable Development,
financial inclusion has a crucial role to play in achieving sustainable development goals in …

Using variation in the timing and location of branches of failed banks we analyze its effect on
income inequality. Employing a difference-in-differences specification we find that bank …

Purpose Tourism has grown to be one of the world's largest and fastest-growing economic
industries. Tourism development is viewed as a tool to improve income distribution as it …

In the contemporary world, the sustainability of the economic system and its related issues
are of major concern for both policy makers and practitioners. The financial sector's role in …

Instead of empirically finding that higher levels of financial development reduce the positive
impact of financial liberalization on inequality, as others do, we come up with the opposite …

This note investigates the causal relationship between financial development measured as
the domestic credit to private sector (% of GDP) and human development measured by the …