Financial integration and development : liberalization and reform in sub-Saharan Africa

書誌事項

Financial integration and development : liberalization and reform in sub-Saharan Africa

Machiko Nissanke and Ernest Aryeetey

(Routledge studies in development economics, 11)

Routledge, 1998

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注記

Includes index

Bibliographical references: p. [308]-319

内容説明・目次

内容説明

Financial Integration and Development examines the effects of financial liberalization on development, with particular focus on Sub-Saharan Africa. Looking at the relationship between formal and informal institutions, it focuses on structural features that separate formal and informal segments of the financial system. The findings are based on field work conducted in Ghana, Malawi, Nigeria and Tanzania, and lead the way to a reassessment of the design of financial reform programmes and some proposals for effective institution-building policies.

目次

List of tables, List of illustrations, Foreword, Acknowledgements, 1 Introduction, 2 Analytical framework on the sources of fragmentation, research hypotheses and overview of financial systems, 3 Characteristics and structure of financial systems, 4 Performance of formal financial systems and macroeconomic analysis of flow of funds, 5 A micro-analysis of market specialization and fragmentation, 6 Information, transaction costs and risk management among different institutions, 7 Linkages between segments of the financial market and gaps in financial services, 8 Conclusions and policy implications: towards greater financial integration, References, Index

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