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Africa), income-levels (low, middle, lower-middle and upper-middle), legal-origins (English common-law and French civil …-law) and religious dominations (Christianity and Islam). We examine convergence in financial intermediary dynamics of depth … size respectively. We also provide the speeds of convergence and time necessary to achieve a full (100%) convergence …
Persistent link: https://www.econbiz.de/10011390793
policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East Africa is … facing stiff challenges in the timing of monetary convergence, the imperative of bankers to apply common modeling and … at macro and micro levels. Findings - Findings suggest overwhelming lack of convergence: (1) initial conditions for …
Persistent link: https://www.econbiz.de/10011390788
Africa is facing stiff challenges in the timing of monetary convergence, the imperative of central bankers to apply common … fiscal policy convergence within the proposed WAM and EAM zones. The introduction of common currencies in West and East … panel GMM estimation with data from different non-overlapping intervals is employed. The implied rate of convergence and the …
Persistent link: https://www.econbiz.de/10011390791
banks to acquire new technology that enhance the efficiency of the financial sector in general and the banking sector in …
Persistent link: https://www.econbiz.de/10010333062
private sector intensified. Policy support, however, averted a credit crunch. The increase in public debt across Africa due to … credit crunch. Evidence of an increased sovereign-bank nexus highlights risks to macro-financial stability, especially as …
Persistent link: https://www.econbiz.de/10014506409
This paper examines the convergence properties of cost efficiency for Indonesian banks for the period 1992-2007. It …. Using panel data estimation, the paper examines β-convergence and σ-convergence, to test the speed at which Indonesian banks … significantly. The Asian financial crisis and the structural reform had the effect of slowing the adjustment speed of bank …
Persistent link: https://www.econbiz.de/10010288852
In its fifth edition, this report focuses on recent developments in Africa's banking sectors and the policy options for … banking groups operating in Africa. Three thematic chapters address challenges and opportunities for financing investment in … all stakeholders. The study of banking sectors across all African sub-regions includes the results of the EIB survey of …
Persistent link: https://www.econbiz.de/10012511365
The paper uses different measures of financial sector development for a dynamic heterogeneous panel of 17 African countries to examine the impact of financial sector development on private savings. An innovative econometric methodology is also employed related to a series of cointegration tests...
Persistent link: https://www.econbiz.de/10010279075
estimations on up to 119 non- OECD countries for 1980-2006. Financial intermediation, in particular commercial banking, has a …
Persistent link: https://www.econbiz.de/10011753181
Trotz Fusionen und Finanzkrise hat sich im Finanzsektor wenig geändert: Der Frauenanteil in den Spitzengremien der … Finanzsektor weit mehr als die Hälfte der Beschäftigten Frauen sind, stellen sie nur 2,9 Prozent der Vorstandsmitglieder in den …
Persistent link: https://www.econbiz.de/10011602291