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|z 9781475548204
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|a 1018-5941
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|a Diouf, Mame Astou.
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|a Financing Growth in the WAEMU Through the Regional Securities Market :
|b Past Successes and Current Challenges /
|c Mame Astou Diouf, Francois Boutin-Dufresne.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2012.
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|a 1 online resource (22 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional background, this paper studies recent developments and the determinants of interest rates on the market-using yield curve and principal component analyses. It also identifies challenges and prospective reforms that could help the region reap the full benefits of a more dynamic securities market and assesses the potential systemic risk the market may pose for the region's banking system.
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|a Mode of access: Internet
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|a Boutin-Dufresne, Francois.
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|a IMF Working Papers; Working Paper ;
|v No. 2012/249
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2012/249/001.2012.issue-249-en.xml
|z IMF e-Library
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