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This paper investigates the impact of a global slowdown on individual African countries using a series of dynamic panel regressions for countries in the region, relating real growth in domestic output to world growth in trade weighted by partner countries and several control variables: oil...
Persistent link: https://www.econbiz.de/10014403000
The five Regional Economic Outlooks published biannually by the IMF cover Asia and Pacific, Europe, the Middle East and Central Asia, Sub-Saharan Africa, and the Western Hemisphere. In each volume, recent economic developments and prospects for the region are discussed as a whole, as well as for...
Persistent link: https://www.econbiz.de/10014409454
Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by falling prices of their main commodity exports. Oil-exporting countries, including...
Persistent link: https://www.econbiz.de/10014412391
has a large number of regulated financial institutions and enjoys 36.98 branches per 100,000 adults, higher than for the … levels of trust in the formal financial sector among the Russian population, in particular for microfinance institutions …
Persistent link: https://www.econbiz.de/10012644834
China has made significant progress in financial inclusion. High levels of account penetration, savings, and usage of payments services have been achieved, largely due to extensive branches and access points (particularly a vast network of rural cash withdrawal points), innovations by non-bank...
Persistent link: https://www.econbiz.de/10012645374
Since the mid-1970s the annual inflation rate in Africa has averaged more than 15 percent, with many countries experiencing rates of 20 percent or more. Inflation rates of this magnitude have significant adverse effects on the financial sectors of African countries, particularly in the context...
Persistent link: https://www.econbiz.de/10014396012
State-owned financial institutions fall into three main groups: commercial banks, hybrid banks, and development … institutions. The larger state-owned commercial banks/ groups include Sberbank, the VTB Bank group, and Gazprombank. Like private … commercial banks, these institutions do not have a policy mandate and are profit maximizing, and target similar market segments …
Persistent link: https://www.econbiz.de/10012644837
Persistent link: https://www.econbiz.de/10014410833
This study analyzes the impact of regional cross-listing of stocks on the depth of the stock markets in sub-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have regional cross-listings. Using event study methodology,...
Persistent link: https://www.econbiz.de/10005769177
Persistent link: https://www.econbiz.de/10000801821