000 02471nam a22004094a 4500
001 WPIEA2009113
003 IMF
005 20190405172548.0
006 m o d
007 cr cn|||||||||
008 020129s2009 dcu o i00 0 eng d
020 _a1451872607 :
_c18.00 USD
020 _z9781451872606
022 _a1018-5941
024 7 _a10.5089/9781451872606.001
_2doi
035 _a(IMF)WPIEA2009113
040 _aDcWaIMF
_beng
100 1 _aGhura, Dhaneshwar.
245 1 0 _aFinancial Deepening in the CFA Franc Zone
_h[electronic resource] :
_bThe Role of Institutions /
_cDhaneshwar Ghura.
260 _aWashington, D.C. :
_bInternational Monetary Fund,
_c2009.
300 _a1 online resource (17 p.)
490 1 _aIMF Working Papers; Working Paper ;
_vNo. 09/113
520 3 _aDuring the 1980s and early 1990s many Sub-Saharan African (SSA) countries undertook reforms to promote financial sector deepening. Nevertheless, financial sectors in SSA countries remain among the shallowest in the world and, within Sub-Saharan Africa, financial depth in the CFA franc zone is even more limited. This paper sets out to investigate empirically factors that may explain why financial depth in the CFA franc zone is shallower than in the rest of SSA using panel data for a sample of 40 countries for 1992-2006. The results indicate that the gap in financial development between the CFA franc zone countries and the rest of SSA can be explained by differences in institutional quality (e.g., availability of credit information, and strength and enforcement of property rights), variables that policy makers can influence.
588 _aDescription based on print version record.
650 7 _aFinancial Liberalization
_2imf
650 7 _aFinancial Markets
_2imf
650 7 _aFinancial System
_2imf
650 7 _aProperty Rights
_2imf
651 7 _aBurkina Faso
_2imf
651 7 _aCameroon
_2imf
651 7 _aCentral African Republic
_2imf
700 1 _aKpodar, Kangni R.
700 1 _aSingh, Raju Jan.
776 0 8 _iPrint Version:
_aGhura, Dhaneshwar.
_tFinancial Deepening in the CFA Franc Zone : The Role of Institutions
_dWashington, D.C. : International Monetary Fund, 2009.
_z9781451872606
830 0 _aIMF Working Papers; Working Paper ;
_vNo. 09/113
856 4 0 _uhttp://elibrary.imf.org/view/IMF001/10177-9781451872606/10177-9781451872606/10177-9781451872606.xml
_zIMF e-Library
856 4 0 _uhttp://www.imfbookstore.org/IMFORG/9781451872606
_zIMF Book Store
999 _c155130
_d155130