Komplementarność pomocy zagranicznej i rozwoju finansowego jako siła napędowa wzrostu gospodarczego na wybranych rynkach wschodzących

Autor

  • Kunofiwa Tsaurai Ph.D., Associate Professor at the University of South Africa, Department of Finance, Risk Management and Banking, Pretoria, South Africa

DOI:

https://doi.org/10.2478/cer-2018-0026

Słowa kluczowe:

pomoc zagraniczna, rozwój finansowy, rozwój ekonomiczny, rynki wschodzące

Abstrakt

W artykule podjęto próbę odpowiedzi na pytanie czy komplementarność rozwoju finansowego i pomocy zagranicznej przyczynia się do wzrostu gospodarczego na wybranych rynkach wschodzących. Analizy dokonano przy użyciu w pełni zmodyfikowanej metody najmniejszych kwadratów (FMOLS – Fully Modified Ordinary Least Squares), wykorzystując dane z okresu 1994–2014. Co prawda badania dotyczące (1) wzrostu pomocy i (2) rozwoju finansowego były prowadzone, to rola połączonego wpływu rozwoju finansowego i wzrostu pomocy na wzrost gospodarczy praktycznie nie była zbadana. Czy rozwój finansowy stanowi kanał, poprzez który pomoc zagraniczna pozytywnie wpływa na wzrost gospodarczy? Niniejsze badanie stara się podjąć te zagadnienia wykorzystując jako studium przypadku wybrane rynki wschodzące. Komplementarność pomocy zagranicznej i rozwoju finansowego (kredyt krajowy udzielany przez sektor finansowy, krajowy kredyt prywatny udzielany przez banki, się krajowe prywatne dłużne papiery wartościowe i obrót giełdowy) wywarła znaczny pozytywny wpływ na wzrost gospodarczy. Dlatego badania zachęcają wybrane rynki wschodzące do wdrażania polityk sprzyjających pogłębianiu sektora finansowego w celu umożliwienia wzrostu gospodarczego dzięki pozytywnemu oddziaływaniu pomocy zagranicznej.

Pobrania

Brak dostępnych danych do wyświetlenia.

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Opublikowane

2018-12-10

Jak cytować

Tsaurai, K. (2018). Komplementarność pomocy zagranicznej i rozwoju finansowego jako siła napędowa wzrostu gospodarczego na wybranych rynkach wschodzących. Comparative Economic Research. Central and Eastern Europe, 21(4), 45–61. https://doi.org/10.2478/cer-2018-0026

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