Financial Deepening in Sub-Saharan Africa : Empirical Evidence on the Role of Creditor Rights Protection and Information Sharing »
Series: IMF Working Papers
Author(s): Calvin McDonald , and Liliana Schumacher
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 August 2007
Keywords: Financial deepening, creditor rights, information sharing, financial liberalization, financial sector, financial markets, financial intermediation, Creditors Rights,
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...