Mu, Yibin; Phelps, Peter; Stotsky, Janet Gale - International Monetary Fund (IMF) - 2013
corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government … securities market and corporate bond market capitalization. Government securities market capitalization is directly related to …, exchange rate volatility, and current and capital account openness. Corporate bond market capitalization is directly linked to …