bank-based financial reforms, thereby neglecting market-based financial reforms. This book provides a one-stop-shop for … pertaining to financial development in Africa, including interest rate and exchange rate reforms, the dynamics of bank-based and …-growth nexus; bank-based versus market-based financial sectors in Africa; financial development and information and communication …

analyses conducted by the International Monetary Fund (IMF) and the World Bank, and by considering the volume of investments in …