reserve requirements, greater banking sector development, smaller stock market development and lower government deficits …

The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa …

This paper examines empirically the determinants of financial market development in Africa with an emphasis on banking … risk are the main determinants of banking sector development in Africa, and that stock market liquidity, domestic savings …, banking sector development, and political risk are the main determinants of stock market development. We also find that …

to a variety of financial institutions and markets that were outside the regulatory perimeter - the Â"shadow" banking … system. Although recent regulatory proposals attempt to reduce these Â"puts", we provide examples from non-banking activities …

banking system. Domestic and external macro-financial variables are found to be closely associated with banking soundness. At …

The increased presence of foreign banks in a country's domestic banking system necessitates the development of … challenges which foreign banks bring to emerging market banking supervisors are also discussed. The paper also provides surveys …

This paper examines the sizable role of rehypothecation in the shadow banking system. Rehypothecation is the practice … banks was sizable. We show that the shadow banking system was at least 50 percent bigger than documented so far. We also …

This paper examines the structural competitiveness of oil-rich economies in sub-Saharan Africa relative to other major … across these economies. The analysis reveals that oil-rich Africa lags behind other oil-exporters in terms of diversification …