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Bank Development and Human Development in WAEMU Countries: Evidence from Panel Data Estimation

Author

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  • Séraphin Prao YAO

    (Professor-Researcher at Alassane Ouattara University (Bouaké) /LAMPE- Laboratory of Economic Policies’ Analysis and Modeling, Ivory CoastBP V 18 Bouaké 01, Côte d’Ivoire)

Abstract

This study empirically investigates the impact of human development on bank development in WAEMU countries. Over the period 1990 to 2014, empirical results have shown a positive relationship between banking development and human development. Credit to the private sector and the size of the economic system have a positive and significant impact on human development, but this impact remains small. Moreover, the growth rate of GDP per capita and the level of inflation have a positive impact on human development.

Suggested Citation

  • Séraphin Prao YAO, 2018. "Bank Development and Human Development in WAEMU Countries: Evidence from Panel Data Estimation," International Journal of World Policy and Development Studies, Academic Research Publishing Group, vol. 4(6), pages 50-59, 08-2018.
    • Handle: RePEc:arp:ijwpds:2018:p:50-59
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    More about this item

    Keywords

    Banking sector development; Human development; Panel data analysis.;
    All these keywords.

    JEL classification:

    • G29 - Financial Economics - - Financial Institutions and Services - - - Other
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

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