In many countries, authorities have designated a group of financial firms as the principal intermediaries in the government securities market-referred to as ""primary dealers"" or a ""primary dealer system."" This paper discusses policy issues related to the establishment of a primary dealer...

This study takes stock of progress made so far in the financial sectors of sub-saharan African countries. It recommends further reforms and specific measures in the areas of supervision, development of monetary operations and financial markets, external sector liberalization, central bank...