This study examines the interplay of deposit money banks (DMBs) activities as a link between financial inclusion and economic growth per capita. To achieve objective study, deposits mobilised in rural urban areas, credit disbursed to were explored establish for higher level hierarchy. postulates that occurs at primary, secondary, tertiary hierarchical levels. Time series data from Central Bank ...

Recent studies on economic growth focuses on persistent inequality across countries. In this paper we study mechanisms that may give rise to such a persistent inequality. We consider countries that accumulate capital in order to increase the per capita income in the long run. We show that the long-run growth dynamics of those countries can generate a twin-peak distribution of per capita income....

This paper investigates the economic impacts of regional integration on a small, less developed jurisdiction in dynamic fiscal competition environment. The trade-offs between benefits and loss policy flexibility resulting from are analyzed perspectives revenue GDP per capita. Our results show that small jurisdiction's policymaking can dominate other effects integration. Specifically, if efficie...

Aubhik Khan* It is difficult to overemphasize the potential benefits of economic growth for improving human welfare. For example, Bangladesh, India, and Pakistan, three of the world’s lowest income nations, had real per capita GDP of $1908, $1633, and $1793, respectively, in 1992. In contrast, the equivalent values for three of the world’s highest income nations, Denmark, Sweden, and the United...

This study examines causal link between energy use and economic growth for five South Asian countries over period 1971-2006. Panel cointegration, ECM and FMOLS are applied for short and long run estimates. In short run unidirectional causality from per capita GDP to per capita energy consumption is found, but not vice versa. In long run one percent increase in per capita energy consumption tend...

BACKGROUND Policy discussions and debates in the last couple of decades emphasized efficiency of development policies for translating economic growth to development. One of the key aspects in this regard in the developing world is achieving improved nutrition through economic development. Nonetheless, there is a dearth of literature that empirically verifies the association between economic gro...