Financial Deepening in Sub-Saharan Africa : Empirical Evidence on the Role of Creditor Rights Protection and Information Sharing /

This paper investigates the role of creditor rights and information sharing in explaining why some financial markets in sub-Saharan Africa have remained shallow. The paper finds that while financial liberalization and macroeconomic stability promote financial deepening, they are not enough. For coun...

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Bibliographic Details
Main Author: McDonald, Calvin
Other Authors: Schumacher, Liliana
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2007.
Series:IMF Working Papers; Working Paper ; No. 2007/203
Online Access:Full text available on IMF