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Industrialization, FDI and absorptive capacities: evidence from African Countries
(
Springer
, 2022 , Article)
This paper assesses the effect of foreign direct investment (FDI) on the industrialization of African economies. In particular, we address the nonlinearity issue and investigate the role of the recipient countries' absorptive ...
Democracy and Banking Stability: Is the Relationship U-Shaped?
(
Springer
, 2022 , Article)
This study addresses the impact of democracy on the stability of the banking system for a sample of 114 countries over the period 2000-2017. Our findings offer strong evidence for a U-shaped relationship between democracy ...