financing choices. © 2006 The Authors. Journal compilation © 2006 Economic Society of South Africa. …

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 …

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

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 …

Real estate investment accounts for a quarter of total fixed asset investment (FAI) in China. The real estate sectorâ … estate investment in China—though a low-probability event—would be sizable, with large spillovers to a number of Chinaâ … and the rest of the G20 economies, we find that a 1-percent decline in China’s real estate investment would shave about …

investment behaviour, consumption behaviour and government expenditures, investigating to what extent changes are related to … financialization. Households experience higher debt levels. Rising profits of businesses come with only moderate investment. The notion …

investment behaviour, consumption behaviour and government expenditures, investigating to what extent changes are related to … financialization. Households experience higher debt levels. Rising profits of businesses come with only moderate investment. The notion …