Show simple item record

dc.contributor.authorALLEN, Franklin
dc.contributor.authorCARLETTI, Elena
dc.contributor.authorCULL, Robert
dc.contributor.authorQIAN, Jun 'QJ'
dc.contributor.authorSENBET, Lemma
dc.date.accessioned2010-05-25T08:38:30Z
dc.date.available2010-05-25T08:38:30Z
dc.date.issued2010
dc.identifier.issn1725-6704
dc.identifier.urihttp://hdl.handle.net/1814/14057
dc.description.abstractEconomic growth in Africa has long been disappointing. We document that the financial sectors of most sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. We examine the factors that are associated with financial development in Africa and compare them with those in other developing countries. Population density appears to be considerably more important for banking sector development in Africa than elsewhere. Given the high costs of developing viable banking sectors outside metropolitan areas, technology advances, such as mobile banking, could be a promising way to facilitate African financial development. Similarly to other developing countries, natural resources endowment is associated with a lower level of financial development in Africa, but macro policies do not appear to be an important determinanten
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.relation.ispartofseriesEUI ECOen
dc.relation.ispartofseries2010/24en
dc.rightsinfo:eu-repo/semantics/openAccess
dc.subjectAfricaen
dc.subjectfinance and growthen
dc.subjectbanksen
dc.subjectinstitutionsen
dc.subjectpopulation densityen
dc.subjectO5en
dc.subjectK0en
dc.subjectG0en
dc.titleThe African Financial Development Gapen
dc.typeWorking Paperen
dc.neeo.contributorCULL|Robert|aut|
dc.neeo.contributorQIAN|Jun “QJ”|aut|
dc.neeo.contributorSENBET|Lemma|aut|
eui.subscribe.skiptrue


Files in this item

Icon

This item appears in the following Collection(s)

Show simple item record