Hidden Bibliographic Details
Other authors / contributors: | Christensen, Jakob.
Pattillo, Catherine A. (Catherine Anne)
International Monetary Fund.
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ISBN: | 9781451950977 1451950977 1589065654 9781589065659 9781589065925 1589065921 9781589065260 1589065263
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Digital file characteristics: | text file
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Notes: | Includes bibliographical references. Print version record.
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Summary: | 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.
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Other form: | Print version: Gulde, Anne-Marie. Sub-Saharan Africa. [Washintgon, D.C.] : International Monetary Fund, ©2006 9781589065659
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