Djibouti; Selected Issues

The most important challenge faced by the Djibouti authorities is to achieve high rates of economic growth in order to create employment opportunities for a rapidly increasing labor force and to alleviate rising poverty. In this paper, developments and the role of the financial system during the program period are reviewed. Then, the currency board arrangement (CBA) and its role in macroeconomic developments are discussed. The study also discusses the main financial sector reforms and explains why their impact has been limited.

MoreLess

Year of publication:	2004-03-19
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Economic conditions \| Selected issues \| banking \| banking system \| financial system \| financial intermediation \| financial sector \| financial institutions \| banking sector \| bank lending \| banking laws \| financial services \| deposit rates \| banking law \| banking institution \| credit policy \| maturity matching \| deposit insurance \| bank credits \| banking supervision \| bank financing \| financial market \| specialized bank \| bank credit \| financial resources \| capital adequacy \| bank supervision \| banking regulations \| reserve requirement \| bank governance \| financial intermediaries \| bankers \| bank deposits \| reserve adequacy \| bank loans \| banking products \| financial regulations \| loan loss provision \| cash flow \| international interest rates \| monetary authority \| return on equity \| domestic capital \| financial sector development \| bank fee \| banking market \| domestic interest rates \| bank account \| bank assets \| bankers ? association \| international financial statistics \| financial statements \| return on assets \| financial liberalization \| deposit growth \| international standards \| banking crisis \| financial economics \| banking institutions \| domestic capital market \| deposit rate \| equity share \| financial reforms \| equity capital \| international reserves

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 04/74 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005591793