African Finance in the 21st Century

With contributions by experts from official agencies in Africa, international financial institutions, the private sector, and academia, this book focuses on financial sector development in Sub-Saharan Africa and how institutions can play a more active role in economic development.

Autorentext
MARC QUINTYN is Division Chief at the International Monetary Fund's Institute, USA. Before joining the IMF, he worked at the Research Department of the National Bank of Belgium and taught at the University of Limburg, Belgium.

GENEVIÈVE VERDIER is an economist in the African Department of the International Monetary Fund. Before joining the IMF, she was Assistant Professor at Texas A&M University, US. She has also worked as an economist at the Bank of Canada.

Inhalt
List of Tables of Figures Notes on Contributors Foreword; L.Lipschitz Introduction and Overview; M.Quintyn & G.Verdier PART I: FINANCE IN AFRICA - DEVELOPMENTS, DIAGNOSIS AND DETERMINANTS The Finance-Growth Nexus: Theory, Evidence and Implications for Africa; S.Haber Finance in Africa: A Diagnosis; P.Honohan Developing a Sound Banking System; L.Kasekende Financial Deepening in the CFA Franc Zone: Role of Institutions; D.Ghura, R.J.Singh & R.Kpodar From Informal Finance to Formal Finance Lessons from Linkage Efforts; E.Aryeetey & A.Pokuaa Fenny Stock Markets in Africa; L.Senbet & I.Otchere PART II: FINANCE IN AFRICA - POLICY ISSUES AND CASE STUDIES Regulatory Frameworks in Sub-Saharan Africa: Ensuring Efficiency and Soundness; I.Lukonga & S.Kal Wajid Building Supervisory Structures in Africa An Analytical Framework; M.Quintyn & M.Taylor Regional Financial Integration as an Engine for Financial Development; J.Wakeman-Linn & S.Wagh Access to Finance in Africa Consolidating the Positive Trends; J.Isern, E.Lahaye & A.Linthorst Developing Credit Reporting in Africa: Opportunities and Challenges; N.Mylenko Case Study on Microfinance Institutions in Madagascar: Policies for a Viable Sector; E.Andrianasolo Financial Sector Development Program: the Case of Rwanda; C.Rusagara Notes Bibliography Index