G2TT
来源类型Working and discussion papers
规范类型工作论文
Financial regulation in Kenya:Balancing inclusive growth with financial stability
Francis M. Mwega
发表日期2014
出版年2014
语种英语
概述This case study investigates the potential trade-off between regulation and stability in Kenya, a small open economy which is highly vulnerable to domestic and external shocks, but with a lightly regulated financial system and a fairly open capital account.
摘要
 The study considers the context of six areas: (i) size and growth of the financial sector relative to lower-income countries and middle-income countries; (ii) implications of a mixture of local banks (some of which have spread to neighbouring countries), foreign banks and development finance institutions; (iii) evolution and macroeconomic implications of financial innovations and  inclusion; (iv) cost and access to credit, especially to small and medium enterprises; (e) prudential regulations; and (f) management of capital flows in the context of large current account deficits, mainly financed by short-term net capital inflows such that their easy reversibility could potentially generate a currency crisis.

主题finance ; financial regulation ; economic development ; sub-Saharan Africa ; Kenya
URLhttps://www.odi.org/publications/8977-financial-regulation-kenyabalancing-inclusive-growth-financial-stability
来源智库Overseas Development Institute (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/508768
推荐引用方式
GB/T 7714
Francis M. Mwega. Financial regulation in Kenya:Balancing inclusive growth with financial stability. 2014.
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