Time: 13:00-15:00 (GMT), Wednesday, 24 February 2021
Presenter: Francois d’Assises B. Bationo, Laval University (CANADA)
Chair: Professor Victor Murinde, SOAS University of London
Online venue: Click here to join the meeting on Microsoft Teams (For any inquiry about how to join the online seminar, please contact Dr Meng Xie: xm1@soas.ac.uk)

Abstract
We investigate the optimal level of credit development and examine the role of foreign capital flows. We use panel data from 87 countries to estimate plausible econometric models. We find evidence of four regimes of credit development. We show the existence of an optimal credit development region consistent with the financial stability perspective. We also use disaggregated foreign capital flows to investigate the role of financial openness in this optimal credit allocation region. We find that the impact of foreign capital flows depends on the type of capital flows, the credit allocation regime, and the level of economic development.

Francois d’Assises B. BATIONO

Francois d’Assises B. BATIONO is Ph.D. candidate in Finance and Lecturer at the Faculty of Business Administration of Laval University (CANADA). He received his MSc in Economics from University Ouaga II (Burkina Faso) and MSc in Economic Analyses &Policies from Université de Koudougou (Burkina Faso). He has also taught at the Université de Koudougou and Université Ouaga 3S. He is a member of the Committee of M.Sc. Research and Doctoral Programs of the Faculty of Business Administration at Laval University. His research interests include International Finance, Financial Integration, Banking, Financial Regulation, Financial Markets Development, Commodity Markets. He has visited SOAS University of London twice with two papers which are now submitted to the Journal of International Economics and Development and Change for publications.