factors matters for the development of domestic bond markets in SSA; these include structure of the economy, investment …. Policy implications include increased efforts to strengthen the investment environment and the need for a regional approach …

-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have …

Financial depth in Sub-Saharan Africa (SSA) has been uneven over the last two decades. The WAEMU countries are lagging …

This paper examines the determinants of net interest margins in four regional blocks in Sub-Saharan Africa and one … for the view that market structure is also partly responsible for high net interest margins in Sub-Saharan Africa. If …

This study discusses issues of access to bank credit in Sub-Saharan Africa, and examines measures that could help …

corporate bond markets in Africa. It then applies an econometric model to analyze the key determinants of African government …

Africa will account for 80 percent of the projected 4 billion increase in the global population by 2100. The …

This paper develops a full-fledged cost-benefit analysis of monetary integration, and applies it to the currency unions … actively pursued in Africa. The benefits of monetary union come from a more credible monetary policy, while the costs derive …

This paper (i) provides evidence on the procyclical investment behavior of major institutional investors during the … implications of procyclical behavior; and (iv) proposes a framework for sound investment practices for long-term investors. Such … procyclical investment behavior is understandable and may be considered rational from an individual institution’s perspective …