Measuring Financial Development in Sub-Saharan Africa:
This study introduces an index for measuring financial development and a set of six indices representing key characteristics of the financial systems in 38 sub-Saharan African countries. The results show that these countries have made good progress in improving and modernizing their financial system...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
1999
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Schriftenreihe: | IMF Working Papers
Working Paper No. 99/105 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This study introduces an index for measuring financial development and a set of six indices representing key characteristics of the financial systems in 38 sub-Saharan African countries. The results show that these countries have made good progress in improving and modernizing their financial systems during the last decade, particularly with regard to financial liberalization and the adoption of indirect instruments of monetary policy. In many countries, however, the range of financial products remains extremely limited, interest rate spreads are wide, capital adequacy ratios are insufficient, judicial loan recovery is a problem, and the share of nonperforming loans is large |
Beschreibung: | 1 Online-Ressource (28 p) |
ISBN: | 1451852800 9781451852806 |
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spelling | Gelbard, E. Verfasser aut Measuring Financial Development in Sub-Saharan Africa Gelbard, E Washington, D.C International Monetary Fund 1999 1 Online-Ressource (28 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 99/105 This study introduces an index for measuring financial development and a set of six indices representing key characteristics of the financial systems in 38 sub-Saharan African countries. The results show that these countries have made good progress in improving and modernizing their financial systems during the last decade, particularly with regard to financial liberalization and the adoption of indirect instruments of monetary policy. In many countries, however, the range of financial products remains extremely limited, interest rate spreads are wide, capital adequacy ratios are insufficient, judicial loan recovery is a problem, and the share of nonperforming loans is large Online-Ausg Leite, Sérgio Pereira Sonstige oth http://elibrary.imf.org/view/IMF001/04582-9781451852806/04582-9781451852806/04582-9781451852806.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Gelbard, E. Measuring Financial Development in Sub-Saharan Africa |
title | Measuring Financial Development in Sub-Saharan Africa |
title_auth | Measuring Financial Development in Sub-Saharan Africa |
title_exact_search | Measuring Financial Development in Sub-Saharan Africa |
title_exact_search_txtP | Measuring Financial Development in Sub-Saharan Africa |
title_full | Measuring Financial Development in Sub-Saharan Africa Gelbard, E |
title_fullStr | Measuring Financial Development in Sub-Saharan Africa Gelbard, E |
title_full_unstemmed | Measuring Financial Development in Sub-Saharan Africa Gelbard, E |
title_short | Measuring Financial Development in Sub-Saharan Africa |
title_sort | measuring financial development in sub saharan africa |
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