| Description |
1 online resource (25 pages) : illustrations |
| Series |
IMF working paper ; WP/07/3.
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| Summary |
This paper considers the extent of retail banking integration in the Communauté Economique et Monétaire d'Afrique Centrale (CEMAC) and the level of bank competition at the regional level. Using a mix of quantitative and qualitative indicators, the paper finds some evidence of price convergence in average interest rate spreads. However, this observed fact is not supported by an increase in cross-border flows in retail loans and deposits, and price convergence may merely reflect excess liquidity in the region. Other data also indicate that bank competition within the CEMAC as a region is limited, complementing the findings on integration. Addressing shortfalls in legal and regulatory frameworks, infrastructure, and markets would facilitate integration |
| Bibliography |
Includes bibliographical references (pages 24-25) |
| Notes |
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL |
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digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL |
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Print version record |
| Subject |
Communauté économique et monétaire de l'Afrique centrale
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| SUBJECT |
Communauté économique et monétaire de l'Afrique centrale fast |
| Subject |
Monetary unions -- Africa, Central
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Banks and banking -- Africa, Central
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Competition -- Africa, Central
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Competition.
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Fiscal policy -- Africa, Central
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Economic Competition
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Fiscal policy
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Banks and banking
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Competition
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Monetary unions
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Central Africa
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| Form |
Electronic book
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| Author |
Vacher, Jérôme, author.
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International Monetary Fund. Monetary and Capital Markets Department.
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| ISBN |
1283512769 |
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9781283512763 |
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