Cited by 65Monetary Policy and Economic ImpactEconomic Growth and ProductivityEconomic Growth and Development

Financial and economic development in the context of the global 2008–09 financial crisis

Open access
Afonso, António, Blanco-Arana, M. Carmen·2022·International Economics

Integrity signals

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Crossref · 10.1016/j.inteco.2021.11.006

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  • Financial development has a positive and significant effect on economic growth in sub-Saharan Africa.

    “Beginning with the results in Table 2, it can be observed that the results under all the three models show that financial development has a positive and significant effect on economic growth.”
  • A rise in the level of financial inclusion exerts a positive impact on the socioeconomic development of many developing countries.

    “A number of scholars confirmed that a rise in the level of financial inclusion exerts a positive impact on the socioeconomic development of many developing countries (Al-Moulani and Alexiou 2017; Bencz ú r et al. 2019; Afonso and Blanco-Arana 2022; Asante et al. 2023).”

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References 52 · Cited by 65

Authors
Afonso, A., & Blanco-Arana, M. C.
Affiliations
University of Lisbon (PT)
Corresponding author
Afonso, António
Venue
International Economics
Publisher
Elsevier BV
Published
2022-05
Volume
169
Pages
30-42
ISSN
2110-7017 (ISSN-L)
OpenAlex
W4200147842
Cited by
65
References
52
Citations by year
2026: 7 · 2025: 11 · 2024: 22 · 2023: 17 · 2022: 8
FWCI
17.77
Type
journal article
Language
en
Open access
Locations
  • International Economics (publishedVersion)
  • RePEc: Research Papers in Economics (submittedVersion)
  • Repositorio Institucional de la Universidad de Málaga (University of Málaga) (submittedVersion, other-oa)
Funders
Fundação para a Ciência e a Tecnologia (UIDB/05069/2020)
Topics
  • Social Sciences › Economics, Econometrics and Finance › General Economics, Econometrics and Finance › Monetary Policy and Economic Impact
  • Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Economic Growth and Productivity
  • Physical Sciences › Computer Science › Information Systems › Economic Growth and Development
Keywords
financial development, economic growth, 2008 financial crisis, domestic credit, market capitalization, stock market turnover, GDP per capita, OECD countries, education expenditure, inflation, unemployment

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