Financial Market Fragmentation and Reforms in Sub-Saharan Africa PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Financial Market Fragmentation and Reforms in Sub-Saharan Africa PDF full book. Access full book title Financial Market Fragmentation and Reforms in Sub-Saharan Africa by Ernest Aryeetey. Download full books in PDF and EPUB format.
Author: Ernest Aryeetey Publisher: World Bank Publications ISBN: 9780821338612 Category : Business & Economics Languages : en Pages : 78
Book Description
FIAS Occasional Paper No. 9. Many developing countries have made dramatic progress in promoting private sector participation in their infrastructure sectors, especially with the help of foreign investors. However, this has not been the case in Southern and Eastern Africa, which have been perceived as relatively unattractive locations for investment. This paper describes the state of infrastructure in the region, takes stock of actual and potential projects in the various sectors, and analyzes the main impediments to private investment in the region's infrastructure services.
Author: Ernest Aryeetey Publisher: World Bank Publications ISBN: 9780821338612 Category : Business & Economics Languages : en Pages : 78
Book Description
FIAS Occasional Paper No. 9. Many developing countries have made dramatic progress in promoting private sector participation in their infrastructure sectors, especially with the help of foreign investors. However, this has not been the case in Southern and Eastern Africa, which have been perceived as relatively unattractive locations for investment. This paper describes the state of infrastructure in the region, takes stock of actual and potential projects in the various sectors, and analyzes the main impediments to private investment in the region's infrastructure services.
Author: Ernest Aryeetey Publisher: ISBN: Category : Languages : en Pages :
Book Description
A study of both informal and formal financial markets in Ghana, Malawi, Nigeria and Tanzania, Financial Market Fragmentation and Reform in Sub-Saharan Africa, shows that informal institutions use specialized methods to serve broad segments of the population that lack access to banks. Although they have responded positively in a liberalized environment, fragmentation into isolated market segments persists. Greater efforts are needed to integrate informal institutions into financial development strategies. The study investigated structural problems such as imperfect information and costly contract enforcement and institutional weaknesses in banking systems and the legal framework that cause wide differences across lenders in the costs of screening, monitoring and enforcing loans. Poor information systems in low-income countries raise the cost to formal institutions of acquiring information on any but the largest clients. In contrast, informal agents utilize personal relationships, social sanctions and various collateral substitutes to serve market segments that remain beyond the reach of formal banks.
Author: Ernest Aryeetey Publisher: Routledge ISBN: 1134677928 Category : Business & Economics Languages : en Pages : 266
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: Mr.Peter C. Hayward Publisher: International Monetary Fund ISBN: 9781557757586 Category : Business & Economics Languages : en Pages : 126
Book Description
This study takes stock of progress made so far in the financial sectors of sub-saharan African countries. It recommends further reforms and specific measures in the areas of supervision, development of monetary operations and financial markets, external sector liberalization, central bank autonomy and accountability, payments system, and central bank accounting and auditing.
Author: Publisher: World Bank Publications ISBN: 9780821336984 Category : History Languages : en Pages : 172
Book Description
World Bank Technical Paper No. 356. The fragmentation in African financial markets and its persistence despite reforms to liberalize those markets have been difficult to explain. This paper reports findings from surveys of formal and informal institutions and their clients in Ghana, Malawi, Nigeria, and Tanzania to test hypotheses explaining different aspects of fragmentation, which occurs when different market segments are poorly linked and interest rate differentials cannot be fully explained by differences in costs and risks. The study concludes that financial development strategies, and World Bank operations supporting them, should explicitly include informal and semi-formal financial institutions to improve the extent and efficiency of financial intermediation in the medium term.
Author: Reuben Adeolu Alabi Publisher: LIT Verlag Münster ISBN: 3643106483 Category : Business & Economics Languages : en Pages : 458
Book Description
In this volume of the African Development Perspectives Yearbook series, the Research Group on African Development Perspectives investigates the impact of the Global Financial Crisis (GFC) on economic reform processes in Africa. The analysis is structured in such a way so as to reflect the opportunities and dangers of policy reversals in the face of the GFC. The impact of the crisis on different types and forms of governance in the region is considered. The first question is therefore which macro-economic policy instruments have to be applied in order to overcome the crisis and to continue with sustainable development. The second question is how the GFC has affected Africa's external economic relations and if the path of opening up to the world markets is to be continued. The third question raised is how the crisis has affected social cohesion, impacted poverty alleviation strategies and the achievement of Millennium Development Goals (MDGs). All these questions are discussed in the various contributions which comprise general studies and country case studies. The book also looks into the role of international financial institutions during and after the crisis. (Series: African Development Perspectives Yearbook - Vol. 15)
Author: Ernest Aryeetey
Author: Ernest Aryeetey
Author: Ernest Aryeetey
Author: Machiko Nissanke
Author: Ernest Aryeetey
Author: Ernest Aryeetey
Author: Mr.Peter C. Hayward
Author: Ernest Aryeetey
Author: 
Author: 
Author: Reuben Adeolu Alabi