December 5, 2025Journal of economic and administrative sciences.

Financial sector development and food security: threshold effect of quality of governance in Africa

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Positive association found between financial development and food security, with a threshold effect from governance quality.
Institutional quality is crucial for reversing negative impacts of underdeveloped governance on food security.
Utilization of panel data from 26 sub-Saharan African countries over two decades enhances robustness of findings.
Recommends policy shifts to elevate governance quality above a defined threshold for food security improvement.

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Implication

Analysis reveals that institutional quality as a catalyst enhances financial development and food security, suggesting policy improvements are essential in Africa.

Cite This Study

Ofoeda et al. (2025) studied this question.

synapsesocial.com/papers/693231288e51979591dce4fb https://doi.org/10.1108/jeas-11-2024-0470

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Implication

Analysis reveals that institutional quality as a catalyst enhances financial development and food security, suggesting policy improvements are essential in Africa.

Financial sector development and food security: threshold effect of quality of governance in Africa

Key Points

Discussion

Implication

Cite This Study

Financial sector development and food security: threshold effect of quality of governance in Africa

Key Points

Discussion

Implication

Cite This Study

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