The Financial Sector and Sustainable Development

Sustainable Development and the Private Sector: A Financial Institution Perspective

Corporacion Andina de Fomento (CAF) is a multilateral financial institution which supports the sustainable development and integration efforts of its shareholder countries of the Latin American region. Its shareholder countries include Bolivia, Colombia, Ecuador, Peru, Venezuela, Brazil, Chile, Mexico, Paraguay, and Trinidad and Tobago. Shares of CAF are also held by 22 private banks in the reg...

Banking Sector Policies and Financial Development: The Case of Iran

In this paper we empirically examine the effect of various banking policies on financial sector development. To this end, an econometric model in the context of Co-integrated VAR is employed. The results show that financial liberalization and reforms have a significant and positive effect on the banking sector development while inflation rate has a negative effect. Furthermore, the high GDP...

Relationship between Financial Sector Development and Sustainable Economic Development: Time Series Analysis from Pakistan

Does the Sustainable PPI Investments Promote Financial Market’s Sustainable Development?

Since the late 1980s, most developing countries adopt a policy of attracting investments for Private Participation in Infrastructure (PPI) projects. With a perspective of sustainability, this paper offers a first attempt to examine whether the sustainable PPI investments promote financial market development. First, we demonstrate how the PPI policy enlargers the size of financial markets and th...

Savings and financial sector development : Panel cointegration

The paper uses different measures of financial sector development for a dynamic heterogeneous panel of 17 African countries to examine the impact of financial sector development on private savings. An innovative econometric methodology is also employed related to a series of cointegration tests within a panel. This is an important contribution since traditional panel data analysis adopted in pr...