What Determines Bond Market Development in Sub-Saharan Africa?

Released on by Olatundun Janet Adelegan
preview-18

  • What Determines Bond Market Development in Sub-Saharan Africa? Book Detail

  • Author : Olatundun Janet Adelegan
  • Release Date : 2009-09-01
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 34
  • ISBN 13 : 1451873603
  • File Size : 51,51 MB
DOWNLOAD BOOK

What Determines Bond Market Development in Sub-Saharan Africa? by Olatundun Janet Adelegan PDF Summary

Book Description: This study empirically analyzes the determinants of bond market development in a cross section of 23 sub-Saharan African (SSA) countries between 1990 and 2008. It considers the stage of development and the size of the bond market, as well as the historical, structural, institutional and macroeconomic factors driving bond market development in SSA. The study finds that the savings constraint is a key impediment to domestic bond markets development as well as financial market deepening, as it results in a low level of financial intermediation by the banks. Overall, the results show that a confluence of factors matters for the development of domestic bond markets in SSA; these include structure of the economy, investment profile, law and order, size of the banking sector, the level of economic development, and various macroeconomic factors. Policy implications include increased efforts to strengthen the investment environment and the need for a regional approach to bond market development.

Disclaimer: www.yourbookbest.com does not own What Determines Bond Market Development in Sub-Saharan Africa? books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Derivatives and Development

Derivatives and Development

File Size : 93,93 MB
Total View : 5866 Views
DOWNLOAD

Breger Bush argues that derivatives markets work in the development context as engines of inequality and instability, aggravating poverty among those they are p

The Derivatives Market in South Africa

The Derivatives Market in South Africa

File Size : 88,88 MB
Total View : 2649 Views
DOWNLOAD

This paper examines the role of the derivatives market in South Africa and provides policy options for promoting the development of derivatives markets in sub-S

Financing Africa's Cities

Financing Africa's Cities

File Size : 42,42 MB
Total View : 9367 Views
DOWNLOAD

This volume addresses the issues of financing urban growth of the African continent -- which has the highest urban growth rate on the planet -- in the next deca