Macro-Financial Linkages in Shallow Markets: Experience from the African Department’s Pilot Countries
Departmental Papers, July 23, 2018
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- Macro-Financial Linkages in Shallow Markets: Experience from the African Department’s Pilot Countries
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Bibliographic details
- Published: July 23, 2018
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9781484361498.087
Overview and Purpose
- Assesses and disseminates experiences and lessons from low-income countries (LICs) in Sub-Saharan Africa selected by the Africa Department in 2015-16 as pilots for enhanced analysis of macro-financial linkages in Article IV staff reports.
- Focuses on the common characteristics across the pilot countries and highlights the tools used in the analysis, the challenges encountered, and the solutions deployed in overcoming them.
Major Findings and Focus Areas
- Emphasis on macro-financial linkages in shallow markets for LICs in Sub-Saharan Africa.
- Attention to common characteristics across pilot countries that affect macro-financial analysis in Article IV contexts.
- Subject coverage: Banking, Credit, Economic sectors, Financial markets, Financial sector, Financial sector development, Financial sector policy and analysis, Financial services, Money, Stress testing.
- Keywords reproduced from the source: bank agent, bank competition, bank information cost, bank level, banking sector, banking system assets, banks in Benin, central bank, composite index, cost of funds, Credit, credit risk, DP, DPPP, East Africa, East Asia, economic value, Financial sector, Financial sector development, financial system assets, interest rate, lending condition, Malawian bank, Middle East, Stress testing, Sub-Saharan Africa.
Tools and Analytical Approaches Highlighted
- The paper highlights the tools used in the enhanced analysis of macro-financial linkages (tools are noted as a major focus of the paper).
Challenges Identified
- The paper highlights the challenges encountered when analyzing macro-financial linkages in shallow markets for the pilot LICs.
Solutions and Practical Lessons
- The paper describes solutions deployed in overcoming the analytical and practical challenges encountered in the pilot exercises.
Content in this bundle
- The Macrofinancial Linkages in Shallow Markets