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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 |
URL | https://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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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
9279.pdf(789KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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