Understanding the Growth of African Financial Markets

Understanding the Growth of African Financial Markets
This paper examines empirically the determinants of financial market development in Africa with an emphasis on banking systems and stock markets. The results show that income level, creditor rights protection, financial repression, and political risk are the main determinants of banking sector development in Africa, and that stock market... READ MORE...

Publication date: August 2009
ISBN 9781451873290
$18.00

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