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Author/Editor:
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Kireyev, Alexei
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Publication Date:
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May 01, 2001
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Electronic Access:
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Free Full text
(PDF file size is 2,239KB).
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.
The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
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Summary:
The paper reviews the experience of financial reforms in Sudan with a view to assessing their macroeconomic impact and to shedding light on the question why such reforms have not yet brought about visible improvements in financial intermediation. The paper concludes that regardless of the progress achieved in recent years, deficiencies in the reform design, institutional weaknesses, shallow financial markets, shortcomings of the Islamic mode of finance, and strong seasonality remain key factors that constrain financial intermediation. Additional efforts, in particular in bank restructuring, credit instrument design, monetary policy management, and prudential regulation are needed to address the systemic problems of the financial sector and to make it capable of supporting private sector growth.
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Series:
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Working Paper No. 01/53
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Subject(s):
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Bank reforms | Sudan | Financial systems | Islamic banking | Bank supervision | Monetary policy
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Author's Keyword(s):
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Financial reform | monetary policy | Islamic finance | banking supervision | Sudan |
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English
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Publication Date:
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May 01, 2001
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ISBN/ISSN:
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1934-7073
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Format:
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Paper
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Stock No:
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WPIEA0532001
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Pages:
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54
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Price:
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US$15.00 )
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Price Delivery Note:
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Prepayment required for individual copies. An annual subscription is $375.00 a year. It includes 12 monthly shipments and priority mail delivery. The Stock No. for the subscription is WPEA.
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Please address any questions about this title to
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