Financing Africa: Through the Crisis and Beyond Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
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.

Financing Africa: Through the Crisis and Beyond by Samuel Munzele Maimbo, Thorsten Beck, Issa Faye, Thouraya Triki

From reader reviews:

Amy Medina:

Nowadays reading books be a little more than want or need but also get a life style. This reading routine give you lot of advantages. Advantages you got of course the knowledge the particular information inside the book that will improve your knowledge and information. The information you get based on what kind of book you read, if you want have more knowledge just go with education and learning books but if you want really feel happy read one having theme for entertaining for example comic or novel. Typically the Financing Africa: Through the Crisis and Beyond is kind of reserve which is giving the reader unforeseen experience.

Della Richardson:

Playing with family in a park, coming to see the marine world or hanging out with pals is thing that usually you could have done when you have spare time, after that why you don't try matter that really opposite from that. A single activity that make you not sense tired but still relaxing, trilling like on roller coaster you are ride on and with addition associated with. Even you love Financing Africa: Through the Crisis and Beyond, you can enjoy both. It is fine combination right, you still wish to miss it? What kind of hangout type is it? Oh can occur its mind hangout guys. What? Still don't get it, oh come on its called reading friends.

Valerie Smith:

This Financing Africa: Through the Crisis and Beyond is great publication for you because the content that is certainly full of information for you who else always deal with world and still have to make decision every minute. This book reveal it info accurately using great arrange word or we can state no rambling sentences inside. So if you are read that hurriedly you can have whole data in it. Doesn't mean it only provides straight forward sentences but challenging core information with splendid delivering sentences. Having Financing Africa: Through the Crisis and Beyond in your hand like getting the world in your arm, info in it is not ridiculous 1. We can say that no reserve that offer you world within ten or fifteen tiny right but this book already do that. So , this can be good reading book. Hey there Mr. and Mrs. busy do you still doubt which?

Dennis Bales:

Don't be worry if you are afraid that this book can filled the space in your house, you may have it in e-book technique, more simple and reachable. This Financing Africa: Through the Crisis and Beyond can give you a lot of close friends because by you checking out this one book you have matter that they don't and make anyone more like an interesting person. This particular book can be one of one step for you to get success. This e-book offer you information that maybe your friend doesn't learn, by knowing more than some other make you to be great individuals. So , why hesitate? Let us have Financing Africa: Through the Crisis and Beyond.