Business and Economics Journal

Department of Economics, Wollega University, Nekemte, Ethiopia

Publications

• Review Article   
  Impact of Financial crisis on Economic growth in East African countries
  Author(s): Temesgen Furi*
  
  The relationship between financial instability and economic growth has created an interesting area of research for many years. To identify the financial crisis and economic growth in East Africa researcher use Empirical studies and secondary data. Most empirical findings use GMM, VAR, VECM AND FOLS method to found nexus between financial instability and economic growth. The finding reveals that main measurements of financial crisis are Debt crisis, currency crisis, banking crisis and deficit in general while the root causes of financial crisis are structural unstable monetary system, poor governance, unsustainable fiscal system, misbehavior of economic actors as well as Interest system and fiat money system (Monetary), administered price (Governance), volatile food/Fiscal and Behavior are the most dominant variables to cause financial crisis through Inflation and Growth. Empirical evi.. Read More»
  

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