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Financial Sector Development in African Countries - Major Policy Making Issues (Paperback, 1st ed. 2020)
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Financial Sector Development in African Countries - Major Policy Making Issues (Paperback, 1st ed. 2020)
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This Palgrave Pivot begins with a broad focus on financial sector
development as a whole, highlighting areas such as the money
market, payment system, and the capital market, as well as issues
such as regulatory strategy, capacity building of financial firms
and service providers, and financial inclusion. In the area of
foreign exchange market policies, the book argues that African
countries should aim for social efficiency of the markets, which
would include soundness of their foreign exchange systems, from an
economic growth perspective, and fairness from an income
distributional perspective. Finally, in recognition of the fact
that some African countries desire financial systems that are
strong enough to be international centers of finance, the
policy-making implications of that ambition are discussed. This
book will be of interest to scholars and students in development
economics, finance, and money and banking, as well as policy-makers
and practitioners. Further, international organisations and
independent research organisations interested in economic
development in general or financial system development issues will
also find this book of value.
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