全球智库信息集成服务系统(G2TT): The potential of pro-market activism as a tool for making finance work for Africa: a political economy perspective

G2TT

来源类型	Discussion Paper
规范类型	工作论文
ISBN	978-3-88985-531-2
	The potential of pro-market activism as a tool for making finance work for Africa: a political economy perspective
	Dafe, Florence
发表日期	2011
出版年	2011
概述	Under what conditions can government interventions in the financial sector be a successful tool to increase the financial resources available for productive investment in sub-Saharan Africa? This is the question which drives this paper.
摘要	Under what conditions can government interventions in the financial sector be a successful tool to increase the financial resources available for productive investment in sub-Saharan Africa? This is the question which drives this paper. Historically and in line with welfare economic theory market failures have provided an argument for activism, defined as deliberate government interventions in the financial sector to promote the delivery of financial services to segments of the private sector that are underserved. The experience with activism has been mixed at best. However, even though activism does not guarantee an increase in broad-based productive private investment, past experience suggests that achieving this goal without deliberate government interventions is difficult, if not impossible. This paper proposes a political economy perspective to explore under what conditions government interventions in financial markets could promote finance for development. The study seeks to contribute towards developing a political economy framework which helps evaluating ex ante whether a government in a particular country has good enough governance to assume a more activist role in financial sector development.
URL	https://www.die-gdi.de/en/discussion-paper/article/the-potential-of-pro-market-activism-as-a-tool-for-making-finance-work-for-africa-a-political-economy-perspective/
来源智库	German Development Institute (Germany)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/499835
推荐引用方式 GB/T 7714	Dafe, Florence. The potential of pro-market activism as a tool for making finance work for Africa: a political economy perspective. 2011.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
csm_DP_2.2011_0cc693（2KB）	智库出版物		限制开放	CC BY-NC-SA	浏览
DP_2.2011.pdf（397KB）	智库出版物		限制开放	CC BY-NC-SA	浏览