Author: Ernest Aryeetey
Publisher: Routledge
ISBN: 1134677928
Category : Business & Economics
Languages : en
Pages : 266
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Book Description
This book examines the effects of financial liberalization on development, with a particular focus on Sub-Saharan Africa and includes studies of Ghana, Malawi, Nigeria and Tanzania.
Author: M. Bagachwa
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Mboya S. D. Bagachwa
Publisher:
ISBN: 9780850032154
Category : Credit
Languages : en
Pages : 50
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Book Description
Author: Corinne Deléchat
Publisher: International Monetary Fund
ISBN: 1451872615
Category : Business & Economics
Languages : en
Pages : 39
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Book Description
The paper uses a unique database covering 44 countries in sub-Saharan Africa (SSA) countries between 2000 and 2007 to study the determinants of the allocation and composition of flows across countries, as well as channels through which private capital flows could affect growth. In our sample, the degree of financial market development is an important determinant of the distribution of capital flows across countries as opposed to property rights institutions. The fairly consistent positive association between net capital flows and growth for SSA countries contrasts with the more pessimistic results of recent studies, though our data do not allow us to make conclusive inferences about a causality relationship.
Author: Ms.Catherine A. Pattillo
Publisher: International Monetary Fund
ISBN: 9781589065659
Category : Business & Economics
Languages : en
Pages : 62
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Book Description
Financial sectors in low-income sub-Saharan Africa (SSA) are among the world's least developed. In fact, assets in most low-income African countries are smaller than those held by a single medium-sized bank in an industrial country. The absence of deep, efficient financial markets seriously challenges policy making, hinders poverty alleviation, and constrains growth. This book argues that building efficient and sound financial sectors in SSA countries will improve Africa's economic prospects. Based on a review of the key features of financial systems, it discusses the main obstacles and challenges that financial structures pose for SSA economies and recommends steps that could address major shortcomings in implementing the reform agenda.
Author: C. Chipeta
Publisher:
ISBN: 9780850032307
Category : Credit
Languages : en
Pages : 63
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Mr.Montfort Mlachila
Publisher: International Monetary Fund
ISBN: 1475532407
Category : Business & Economics
Languages : en
Pages : 79
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Book Description
This paper discusses how sub-Saharan Africa’s financial sector developed in the past few decades, compared with other regions. Sub-Saharan African countries have made substantial progress in financial development over the past decade, but there is still considerable scope for further development, especially compared with other regions. Indeed, until a decade or so ago, the level of financial development in a large number of sub-Saharan African countries had actually regressed relative to the early 1980s. With the exception of the region’s middle-income countries, both financial market depth and institutional development are lower than in other developing regions. The region has led the world in innovative financial services based on mobile telephony, but there remains scope to increase financial inclusion further. The development of mobile telephone-based systems has helped to incorporate a large share of the population into the financial system, especially in East Africa. Pan-African banks have been a driver for homegrown financial development, but they also bring a number of challenges.
Author: C. Chipeta
Publisher:
ISBN: 9780850032260
Category : Credit
Languages : en
Pages : 47
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Book Description
Author: Marc Quintyn
Publisher: INTERNATIONAL MONETARY FUND
ISBN:
Category : Business & Economics
Languages : en
Pages : 352
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Book Description
Financial sector development in sub-Saharan Africa continues to lag behind the rest of the world, despite some recent positive achievements. There is a growing consensus that financial development fosters economic growth, so why has more not been done to spur financial advancement in Africa? This book is one of the few that tackles the debate of financial development in Africa head on. It stems from the proceedings of a high-level conference organized by the IMF Institute with contributions by experts from official agencies in Africa, international financial institutions, the private sector, and academia. The book begins by presenting the reader with compelling theoretical perspectives on the determinants of financial growth, empirical analyses of the impediments to financial growth and overviews of developments in individual sectors. It discusses policy issues related to financial sector stability, regulation and supervision. The final part investigates how specific measures can create room for financial growth, even when the broader institutional framework remains weak. Case studies demonstrate how individual countries have tried to stimulate financial development, or how specific measures, such as the establishment of credit reporting systems, can generate a positive impact on financial growth. Everyone interested or involved in deepening finance in Africa will find information and inspiration in this insightfull collection of papers.
