Inflation in African Countries : General Issues and Effecton the Financial Sector

General Issues and Effecton the Financial Sector

Nopic
Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with many countries experiencing rates of 20 percent or more. Inflation rates of this magnitude have significant adverse effects on the financial sectors of African countries, particularly in the context of fixed nominal interest rates. Econometric... READ MORE...

Publication date: October 1989
ISBN 9781451953657
$10.00

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