Description |
1 online resource (42 pages) |
Series |
IMF Working Papers ; v. Working Paper No. 09/258 |
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IMF Working Papers
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Contents |
Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Institutions and Financial Sector Development; III. Testing for the Role of Institutions in Financial Sector Development; 1. Illustration of the DEA; IV. Conclusions, Policy Implications, and Possible Extensions; I. Data Envelopment Analysis; II. Data Description; III. Data Used; IV. DEA Results: Impact of Institutions on Financial Sector Development; References; Footnotes |
Summary |
The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these institutions affect the financial sector, and to suggest which institutions play a more critical role in each country. Results suggest that institutional factors affect financial depth and access to financial services more than asset quality and profitability (measured by nonperforming loans (NPL) and return on equity (ROE). The results also suggest that depth of credit information has the |
Notes |
Print version record |
Subject |
Finance -- Africa, Sub-Saharan
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Economics -- Africa, Sub-Saharan
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Economics
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Finance
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Sub-Saharan Africa
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Form |
Electronic book
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Author |
Anayiotos, George C
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ISBN |
9781452707679 |
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1452707677 |
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