The Effect of Financial Liberalization on Economic Development in Ethiopia
| dc.contributor.advisor | AtlawAlemu (PhD) | |
| dc.contributor.author | Markos Taye | |
| dc.date.accessioned | 2025-04-08T07:51:00Z | |
| dc.date.available | 2025-04-08T07:51:00Z | |
| dc.date.issued | 2023-07-21 | |
| dc.description.abstract | The financial system is necessary for economic expansion. The financial system facilitates lending and borrowing of money, which fosters economic progress. The goal of the study is toevaluate the effects of the different financial liberalization initiatives using co-integration and causality tests on Ethiopia's financial and economic progress over the period of 1992-2022. In doing so, the ARDL approach to Co-integration and Error Correction Model were employed to investigate the long run and short run relationships.Accordingly results of this study suggest that commercial banks' real-time total deposits have a considerable influence on the loans they offer. On the other hand, the provision of credit by banks has a very positive effect on the expansion of the country's industrial development. The real loan rate has a significant influence in determining the contribution of the industrial sector to real GDP. The study also found that the credit deposit ratio of banks significantly influenced the growth of the industrial sector. The composite financial liberalization index is positively correlated with bank credit extensions, real GDP, and industrial development. The study's findings also indicate that the poorest segment of the population is not being helped by an increase of bank branches through the provision of financial resources | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/5314 | |
| dc.language.iso | en | |
| dc.publisher | A.A.U | |
| dc.title | The Effect of Financial Liberalization on Economic Development in Ethiopia | |
| dc.type | Thesis |