Sub-saharan Africa
Financial Sector Challenges
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Publication
2006-09-30 - International Monetary Fund
Language
English
Word Count
12,500 words, Guess
Page Count
50 pages
Physical Format
Paperback
Identifiers
- Open LibraryOL12328507M
- ISBN-139781589065659
- ISBN-101589065654
- OCLC Control Number71790183
- Library of Congress Control Number2006299281
and 2 more
- LibraryThing5468329
- Goodreads5951752
Classifications
- LCCHG187.5.A357 G85 2006
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.
Subjects
Other Editions
- Sub-saharan Africa
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