Ebook324 pages7 hours
Financing Africa
Rating: 0 out of 5 stars
()
About this ebook
Financing Africa takes stock of Africa’s financial systems in light of recent changes in the global financial system –including the greater risk aversion of international investors, a shift in economic and financial powers towards emerging markets and the regulatory reform debate - and the increasing role of technology. Using a wider and more detailed array of data than previous publications, we observe a trend towards financial deepening, more stability and more inclusion leading up to the crisis; serious challenges, however, continue, including limited access to financial services, focus on short-term contracts and hidden fragility, related to weak regulatory frameworks, undue government interference and governance deficiencies. Our policy analysis therefore focuses on (i) expanding outreach, (ii) fostering long-term finance and (iii) improving regulation and supervision. We identify the positive role of innovation and competition, a stronger focus on non-traditional financial service providers, and more emphasis on demand-side constraints as priority areas for policy actions. Specifically, competition from new players outside the banking system, including telecomm companies can increase outreach with technological innovation that changes the economics of retail finance. Moving beyond national stock exchanges that are not sustainable in most African countries towards regional solutions and over-the-counter trades can help foster long-term finance, as can addressing governance challenges in contractual savings institutions, including life insurance companies and pension funds. Finally, there is a need to look beyond supply-side constraints towards users of financial services, focusing more on financial literacy of households and firms, but also consumer protection. In formulating policy messages, we carefully distinguish between different country groupings, differentiating – among others – between low- and middle-income and small and larger economies, with a special focus on resource-based economies and post-conflict countries. This book reaches out to both policy makers concerned about a more inclusive and effective financial system and other stakeholders, including practitioners and development partners. With this book we aim to contribute to the on-going financial sector debate on Africa, with the ultimate goal of faster economic development and poverty reduction.
Related to Financing Africa
Related ebooks
The Design of Micro Credit Contracts and Micro Enterprise Finance in Uganda Rating: 0 out of 5 stars0 ratingsTrading Down: Africa, Value Chains, And The Global Economy Rating: 0 out of 5 stars0 ratingsSpecial Economic Zones: Progress, Emerging Challenges, and Future Directions Rating: 5 out of 5 stars5/5Africa: Still Rising? Rating: 0 out of 5 stars0 ratingsThe Investors' Guide: Secrets of Investing in the Developing World Rating: 0 out of 5 stars0 ratingsBanking in Africa: financing transformation amid uncertainty Rating: 0 out of 5 stars0 ratingsThe Patriology: Nuggets 700, Start Your Startup, Celebrity Decoded Rating: 0 out of 5 stars0 ratingsStarting a Stock Portfolio for Africa Rating: 0 out of 5 stars0 ratingsFinance in Africa: Navigating the financial landscape in turbulent times Rating: 0 out of 5 stars0 ratingsTourism in Africa: Harnessing Tourism for Growth and Improved Livelihoods Rating: 0 out of 5 stars0 ratingsRedefining Business in the New Africa Rating: 0 out of 5 stars0 ratingsIn the Name of the People: How Populism is Rewiring the World Rating: 0 out of 5 stars0 ratingsMicrofinance: an Economic Analysis of Banking to the Poor Rating: 0 out of 5 stars0 ratingsHow to Business Rating: 0 out of 5 stars0 ratingsVISION: Our Strategic Infrastructure Roadmap Forward Rating: 0 out of 5 stars0 ratingsThe Functional Microfinance Bank: Strategies for Survival Rating: 0 out of 5 stars0 ratingsFinancing Africa Rating: 0 out of 5 stars0 ratingsIssues in Ghana�s Electoral Politics Rating: 0 out of 5 stars0 ratingsTrade and Industrial Development in Africa: Rethinking Strategy and Policy Rating: 1 out of 5 stars1/5The Poor People Economic Revolution: Money1st. From, Rags to Riches. Rating: 2 out of 5 stars2/5Bridging the Gap: Memoirs of Nigeria's Former Minister of Works Rating: 0 out of 5 stars0 ratingsIt Can’T Be True: A Story from Uganda—The Pearl of Africa Rating: 0 out of 5 stars0 ratingsFrom Goatherd to Governor. The Autobiography of Edwin Mtei: The Autobiography of Edwin Mtei Rating: 0 out of 5 stars0 ratingsCreating Wealth by Harnessing Opportunities in Africa Rating: 0 out of 5 stars0 ratingsWinning the Global Game: A Strategy for Linking People and Profits Rating: 0 out of 5 stars0 ratingsInto the House of the Ancestors: Inside the New Africa Rating: 4 out of 5 stars4/5FIVE FINGERS: To End DEBT SLAVERY and BASKET CASE Rating: 0 out of 5 stars0 ratingsFields of Gold: Financing the Global Land Rush Rating: 0 out of 5 stars0 ratingsThe Basics of Foreign Exchange Markets: A Monetary Systems Approach Rating: 0 out of 5 stars0 ratings
Economics For You
The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5Economics 101: From Consumer Behavior to Competitive Markets--Everything You Need to Know About Economics Rating: 4 out of 5 stars4/5The Lords of Easy Money: How the Federal Reserve Broke the American Economy Rating: 4 out of 5 stars4/5You Can't Lie to Me: The Revolutionary Program to Supercharge Your Inner Lie Detector and Get to the Truth Rating: 4 out of 5 stars4/5How to Be Everything: A Guide for Those Who (Still) Don't Know What They Want to Be When They Grow Up Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5Divergent Mind: Thriving in a World That Wasn't Designed for You Rating: 4 out of 5 stars4/5The Sovereign Individual: Mastering the Transition to the Information Age Rating: 4 out of 5 stars4/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5Chip War: The Fight for the World's Most Critical Technology Rating: 4 out of 5 stars4/5Bottle of Lies: The Inside Story of the Generic Drug Boom Rating: 4 out of 5 stars4/5The Peter Principle: Why Things Always Go Wrong Rating: 4 out of 5 stars4/5A History of Central Banking and the Enslavement of Mankind Rating: 5 out of 5 stars5/5Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail Rating: 4 out of 5 stars4/5Talking to My Daughter About the Economy: or, How Capitalism Works--and How It Fails Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5Capital in the Twenty-First Century Rating: 4 out of 5 stars4/5The Age of Selfishness: Ayn Rand, Morality, and the Financial Crisis Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5The Hard Truth About Soft Skills: Soft Skills for Succeeding in a Hard Wor Rating: 3 out of 5 stars3/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Payback: Debt and the Shadow Side of Wealth Rating: 0 out of 5 stars0 ratingsDoughnut Economics: Seven Ways to Think Like a 21st-Century Economist Rating: 4 out of 5 stars4/5Disrupting Sacred Cows: Navigating and Profiting in the New Economy Rating: 0 out of 5 stars0 ratingsSex Trafficking: Inside the Business of Modern Slavery Rating: 4 out of 5 stars4/5Predictably Irrational, Revised and Expanded Edition: The Hidden Forces That Shape Our Decisions Rating: 4 out of 5 stars4/5
Reviews for Financing Africa
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews