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Books > Business & Economics > Finance & accounting > Finance
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Making Finance Work for Africa (Mixed media product)
Loot Price: R785
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Making Finance Work for Africa (Mixed media product)
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'Making Finance Work for Africa' takes a panoramic view of Africa's
financial systems, both at the large scale ('finance for growth')
and the small scale ('finance for all'). Things are changing for
the better in African finance. Credit growth is underway after a
long pause, solid new intermediaries are entering the marketplace,
and the reach of microfinance is growing steadily. Finance can be a
leading sector transforming African economies by opening up
business opportunities to a wider clientele and by channeling
larger resources more effectively. By providing a key alternative
to government patronage as a basis for entry into business, a
strong, independent financial system can transform the environment
for enterprise. In addition, finance can help the poor and those in
remote rural areas by providing small-scale payments, savings, and
risk reduction services. 'Making Finance Work for Africa' presents
a coherent policy approach that addresses African priorities and
can work in African conditions. It challenges the applicability of
some conventional views on a range of issues from securities
markets and banking regulation to the organization of microfinance
institutions. The authors identify promising trends from across
sub-Saharan Africa and pinpoint shortcomings. The book will be
useful to policy makers, bankers, financial analysts, and
economists working in Africa."
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