This study aims to analyze the evolution of financial openness of emerging countries from 1970 to 1999. We analyze for different regions: Europe, Asia, Latin America and Africa, the evolution of the ratio of financial inflows and outflows to GDP. This value will be calculated using the database...

Our study is one of the first studies on the WAEMU area to focus on the credit channel. Indeed, an investigation of the credit demand is relevant, because credit to the private sector is increasing as a share of the money supply counterparties and the role of banks in the financial system. To...