Arbeitspapier
Political Crises and Risk of Financial Contagion in Developing Countries: Evidence from Africa
The recent waves of political crises in Africa and the Middle East have inspired the debate over how political instability could pose a risk of financial contagion to emerging countries. With retrospect to the Kenyan political crisis, our findings suggest stock markets in Lebanon, Mauritius were contaminated while Nigeria experienced a positive spillover. Our results have two major implications. Firstly, we have confirmed existing consensus that African financial markets are increasingly integrated. Secondly, we have also shown that international financial market transmissions not only occur during financial crisis; political crises effects should not be undermined.
- Sprache
-
Englisch
- Erschienen in
-
Series: AGDI Working Paper ; No. WP/11/003
- Klassifikation
-
Wirtschaft
General Financial Markets: General (includes Measurement and Data)
International Financial Markets
International Finance: General
- Thema
-
Political crisis
Contagion
Developing countries
Equity Markets
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Asongu, Simplice A.
- Ereignis
-
Veröffentlichung
- (wer)
-
African Governance and Development Institute (AGDI)
- (wo)
-
Yaoundé
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Asongu, Simplice A.
- African Governance and Development Institute (AGDI)
Entstanden
- 2011
Ähnliche Objekte (12)
Globalization, financial crisis and contagion: time-dynamic evidence from financial markets of developing countries
Globalization and Financial Market Contagion: Evidence from Financial Crisis and Natural Disasters
Financial Determinants of Human Development in Developing Countries
New financial intermediary development indicators for developing countries
The 2011 Japanese earthquake, tsunami and nuclear crisis: evidence of contagion from international financial markets
May the Soul of the IFS Financial System Definition RIP in Developing Countries
Are financial benefits of financial globalization questionable until greater domestic financial development has taken place?
Financial development dynamic thresholds of financial globalization: evidence from Africa
How do financial reforms affect inequality through financial sector competition? Evidence from Africa
African Financial Development Dynamics: Big Time Convergence
Knowledge Economy and Financial Sector Competition in African Countries
How has Mobile Banking Stimulated Financial Development in Africa?
Globalization, financial crisis and contagion: time-dynamic evidence from financial markets of developing countries
Globalization and Financial Market Contagion: Evidence from Financial Crisis and Natural Disasters
Financial Determinants of Human Development in Developing Countries
New financial intermediary development indicators for developing countries
The 2011 Japanese earthquake, tsunami and nuclear crisis: evidence of contagion from international financial markets
May the Soul of the IFS Financial System Definition RIP in Developing Countries
Are financial benefits of financial globalization questionable until greater domestic financial development has taken place?
Financial development dynamic thresholds of financial globalization: evidence from Africa
How do financial reforms affect inequality through financial sector competition? Evidence from Africa
African Financial Development Dynamics: Big Time Convergence
Knowledge Economy and Financial Sector Competition in African Countries
How has Mobile Banking Stimulated Financial Development in Africa?
Globalization, financial crisis and contagion: time-dynamic evidence from financial markets of developing countries
Globalization and Financial Market Contagion: Evidence from Financial Crisis and Natural Disasters
Financial Determinants of Human Development in Developing Countries
New financial intermediary development indicators for developing countries
The 2011 Japanese earthquake, tsunami and nuclear crisis: evidence of contagion from international financial markets
May the Soul of the IFS Financial System Definition RIP in Developing Countries
Are financial benefits of financial globalization questionable until greater domestic financial development has taken place?
Financial development dynamic thresholds of financial globalization: evidence from Africa
How do financial reforms affect inequality through financial sector competition? Evidence from Africa
African Financial Development Dynamics: Big Time Convergence
Knowledge Economy and Financial Sector Competition in African Countries