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characteristics. We start our analysis on middle and low-income countries, and then zoom in on sub-Saharan Africa, currently the … region that most relies on informal financial services, and which has the largest uptake of mobile banking. We find robust …
Persistent link: https://www.econbiz.de/10012251399
This paper studies the impact of declining oil prices on banks in sub-Saharan African oil-exporting countries. Results indicate that banks respond differently to an oil shock depending on their ownership: (i) domestic banks are the most adversely impacted and experience a deterioration in asset...
Persistent link: https://www.econbiz.de/10012102206
This paper analyzes the links between financial and trade openness and financial development in Sub-Saharan African (SSA) countries. It is based on a panel dataset using methods that tackle slope heterogeneity, cross-sectional dependence and non-stationarity, important econometric problems that...
Persistent link: https://www.econbiz.de/10014411399
This study introduces an index for measuring financial development and a set of six indices representing key characteristics of the financial systems in 38 sub-Saharan African countries. The results show that these countries have made good progress in improving and modernizing their financial...
Persistent link: https://www.econbiz.de/10014401047
This paper assesses the impact of the steadily growing remittance flows to sub-Saharan Africa (SSA). Though the region …
Persistent link: https://www.econbiz.de/10014400356
Digital financial services have been a key driver of financial inclusion in recent years. While there is evidence that financial inclusion through traditional services has a positive impact on economic growth, do the same results carry over for digital financial inclusion? What drives digital...
Persistent link: https://www.econbiz.de/10012612325
We investigate the link between gender inequality in financial inclusion and income inequality, with three contributions to the recent literature. First, using a micro-dataset covering 146,000 individuals in over 140 countries, we construct novel, synthetic indices of the intensity of financial...
Persistent link: https://www.econbiz.de/10011763549
This paper examines the economic importance of stock markets in Africa. It discusses policy options for promoting the … development of the stock market in Africa. The results of the paper show that the stock markets have contributed to the financing …
Persistent link: https://www.econbiz.de/10014400432
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 …
Persistent link: https://www.econbiz.de/10014402464
Many Caribbean financial systems are relatively well developed for their size but benefits are concentrated in a small part of the population. In several large countries, the financial development levels are below what is warranted by that country's own macroeconomic fundamentals. SMEs, in...
Persistent link: https://www.econbiz.de/10011848121