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来源类型 | Research reports and studies |
规范类型 | 报告 |
A financial sector to support development in low income countries | |
Stephany Griffith-Jones with Ewa Karwowski and Florence Dafe | |
发表日期 | 2014 |
出版年 | 2014 |
语种 | 英语 |
概述 | This paper presents two key areas for a policy, as well as a corresponding research agenda for the four case studies on finance and growth in Sub-Saharan Africa 1) the desirable size and structure of the financial sector and 2) new challenges for financial regulation. |
摘要 | The financial sectors of African LICs are still at an early stage of development so that lessons from the crisis could inform their financial sector development strategies. They have the advantage of latecomers. Moreover, their financial sectors, while generally still shallow, are experiencing fairly rapid growth. Combined with African countries’ existing vulnerabilities, such as limited regulatory capacity, and vulnerability to external shocks, this might pose risks to financial system stability. Despite the infrequent appearance of systemic banking crisis on the African continent over the past decade (see below), fast credit growth in many economies—even if at comparatively low levels—calls for caution, signalling the need for strong, as well as countercyclical, regulation of African financial systems. For policy-makers and researchers this poses the challenge of applying the lessons from the crisis in developed and previously in emerging countries to African LICs, while paying careful attention to the specific features of African financial systems. |
主题 | finance ; financial regulation ; development finance ; economic development ; sub-Saharan Africa ; Global |
URL | https://www.odi.org/publications/8983-financial-sector-support-development-low-income-countries |
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/508963 |
推荐引用方式 GB/T 7714 | Stephany Griffith-Jones with Ewa Karwowski and Florence Dafe. A financial sector to support development in low income countries. 2014. |
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 | ||
9275.pdf(633KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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