Financial Sector Development in Sub-Saharan African Countries
Occasional Papers, October 1, 1998
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Bibliographic details
- Authors: Jean-Pierre Briffaut, George Iden, Peter C. Hayward, Tonny Lybek, Hassanali Mehran, Piero Ugolini, Stephen M Swaray
- Published: October 1, 1998
- Series: Occasional Papers
- DOI: https://doi.org/10.5089/9781557757586.084
Summary
- This study takes stock of progress made so far in the financial sectors of sub-saharan African countries.
- It recommends further reforms and specific measures in the areas of:
- supervision,
- development of monetary operations and financial markets,
- external sector liberalization,
- central bank autonomy and accountability,
- payments system,
- central bank accounting and auditing.
Key findings and policy recommendations
- Recommend reforms and specific measures in:
- supervision;
- development of monetary operations and financial markets;
- external sector liberalization;
- central bank autonomy and accountability;
- payments system;
- central bank accounting and auditing.
Subjects and keywords
- Subjects: Banking, Central bank autonomy, Central bank legislation, Central banks, Commercial banks, Economic sectors, Financial institutions, Financial markets, Financial sector, Fiscal accounting and reporting, Foreign exchange, Payment systems
- Keywords: a number of bank, Africa, bank expansion, bank intermediation, central bank, Central bank autonomy, Central bank legislation, Commercial banks, exchange policy, Financial sector, government, government bank, government ownership, market, monetary policy, OP, payment, Payment systems, resource utilization, Sub-Saharan Africa, West Africa
Source: Financial Sector Development in Sub-Saharan African Countries, Occasional Paper No. 1998/018.