Intro -- Contents -- I. INTRODUCTION -- II. EMPIRICAL EVIDENCE ON FOREIGN BANKS IN POOR COUNTRIES -- III. CREAM-SKIMMING EFFECTS OF FOREIGN BANK ENTRY: THEORY -- IV. THE EMPIRICAL TEST: METHODOLOGY AND DATA -- V. RESULTS FROM THE EMPIRICAL TESTS -- VI. CONCLUSIONS -- Appendix I. Welfare...

The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these institutions affect the financial sector, and to suggest which institutions play a more...