Financial Inclusion and Development in the CEMAC:
This paper examines financial inclusion and development in the CEMAC. We explore the level of financial inclusion in the CEMAC through a benchmarking exercise.We construct a measure of financial development gap and analyze its determinants. Using panel data regressions, we find that inflation, incom...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
|
| Schriftenreihe: | IMF Working Papers: Working Paper No. 15 / 235
|
| 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 paper examines financial inclusion and development in the CEMAC. We explore the level of financial inclusion in the CEMAC through a benchmarking exercise.We construct a measure of financial development gap and analyze its determinants. Using panel data regressions, we find that inflation, income, and natural resources explain most of the financial development level but that better financial sector governance and stronger economic governance are positively associated with financial sector development. Richer and poorer countries can be equally far from their expected financial development levels. Finally, we use a benchmarking exercise to identify countries that have successfully reduced the financial development gap and propose policy measures that CEMAC countries could use to boost financial inclusion |
| Beschreibung: | 1 Online-Ressource (31 p) |
| ISBN: | 1484317556 9781484317556 |
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| index_date | 2024-07-03T20:13:37Z |
| indexdate | 2024-07-10T09:35:47Z |
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| spelling | Alter, Adrian Verfasser aut Financial Inclusion and Development in the CEMAC Alter, Adrian Washington, D.C International Monetary Fund 2015 1 Online-Ressource (31 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers: Working Paper No. 15 / 235 This paper examines financial inclusion and development in the CEMAC. We explore the level of financial inclusion in the CEMAC through a benchmarking exercise.We construct a measure of financial development gap and analyze its determinants. Using panel data regressions, we find that inflation, income, and natural resources explain most of the financial development level but that better financial sector governance and stronger economic governance are positively associated with financial sector development. Richer and poorer countries can be equally far from their expected financial development levels. Finally, we use a benchmarking exercise to identify countries that have successfully reduced the financial development gap and propose policy measures that CEMAC countries could use to boost financial inclusion Online-Ausg Yontcheva, Boriana Sonstige oth http://www.elibrary.imf.org/view/IMF001/22925-9781484317556/22925-9781484317556/22925-9781484317556.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Alter, Adrian Financial Inclusion and Development in the CEMAC |
| title | Financial Inclusion and Development in the CEMAC |
| title_auth | Financial Inclusion and Development in the CEMAC |
| title_exact_search | Financial Inclusion and Development in the CEMAC |
| title_exact_search_txtP | Financial Inclusion and Development in the CEMAC |
| title_full | Financial Inclusion and Development in the CEMAC Alter, Adrian |
| title_fullStr | Financial Inclusion and Development in the CEMAC Alter, Adrian |
| title_full_unstemmed | Financial Inclusion and Development in the CEMAC Alter, Adrian |
| title_short | Financial Inclusion and Development in the CEMAC |
| title_sort | financial inclusion and development in the cemac |
| url | http://www.elibrary.imf.org/view/IMF001/22925-9781484317556/22925-9781484317556/22925-9781484317556.xml |
| work_keys_str_mv | AT alteradrian financialinclusionanddevelopmentinthecemac AT yontchevaboriana financialinclusionanddevelopmentinthecemac |