Financial Integration and Development examines the effects of financial liberalization on development, with particular focus on Sub-Saharan Africa. Looking at the relationship between formal and informal institutions, it focuses on structural features that separate formal and informal segments of the financial system.
The findings are based on field work conducted in Ghana, Malawi, Nigeria and Tanzania, and lead the way to a reassessment of the design of financial reform programmes and some proposals for effective institution-building policies.

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This book examines the effects of financial liberalization on development, with a particular focus on Sub-Saharan Africa and includes studies of Ghana, Malawi, Nigeria and Tanzania.
List of tables, List of illustrations, Foreword, Acknowledgements, 1 Introduction, 2 Analytical framework on the sources of fragmentation, research hypotheses and overview of financial systems, 3 Characteristics and structure of financial systems, 4 Performance of formal financial systems and macroeconomic analysis of flow of funds, 5 A micro-analysis of market specialization and fragmentation, 6 Information, transaction costs and risk management among different institutions, 7 Linkages between segments of the financial market and gaps in financial services, 8 Conclusions and policy implications: towards greater financial integration, References, Index
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Product details

ISBN
9780415180818
Published
1998-04-26
Publisher
Taylor & Francis Ltd; Routledge
Weight
800 gr
Height
234 mm
Width
156 mm
Age
U, 05
Language
Product language
Engelsk
Format
Product format
Innbundet
Number of pages
344

Biographical note

Ernest Aryeetey, Machiko Nissanke