This study unites two streams of research by simultaneously focusing on the impact of financial globalisation on financial development and pre- and post-crisis dynamics of the investigated relationship. The empirical evidence is based on 53 African countries for the period 2004-2011 and...

This paper employs dynamic panel models to investigate the impact of country risk on the financial stability of banks in Africa. Using country risk and bank specific data for 10 African countries over the period of 2000 and 2021, the results reveal that African countries have a high country risk...

A vibrant financial sector has a lot to offer towards the growth and development of an economy. It is in this regard that investor confidence matters most to the sector. Although the financial sector in the sub-Saharan African region is still growing, there are some crises in the sector that...

In this article, we have implemented a macroprudential “stress-test” (Top-down) of credit risk at the level of banks in the WAEMU zone. Empirically, we performed a simulation on three macroeconomic scenarios using the Vector Auto Regressive (VAR) model. Our historical scenarios refer to the...