Publication:
African Financial Sectors and the European Debt Crisis : Will Trouble Blow across the Sahara?

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dc.contributor.authorWorld Bank
dc.date.accessioned2013-03-12T21:59:39Z
dc.date.available2013-03-12T21:59:39Z
dc.date.issued2012-01
dc.description.abstractThe exposure of African financial sectors to global risks, including the likely fall-out of the on-going European debt crisis, continues to be limited. African financial sectors have received much recognition for their steady growth performance and resilience during and after the 2008 global financial crisis. Many of the transmission channels for global risks and financial contagion to financial sectors in Africa are narrow or of limited potential influence. This note analysis the recent performance of African financial sectors, the degree of their exposure to European banking sector risks, the observable impact of a decline in global investor confidence, as well as the link between fiscal and monetary policy and financial sector development. The analysis in this paper focuses primarily on the potential impact of the European debt crisis on the performance of African financial sectors and the credit intermediation channel. The analysis both assesses how a transmission channel affects the stability and solvency of African financial institutions and how it affects the ability of African firms and governments to access funding.en
dc.identifierhttp://documents.worldbank.org/curated/en/2012/01/16465231/financing-small-medium-enterprises-republic-south-africa-trouble-blow-across-sahara
dc.identifier.doi10.1596/12686
dc.identifier.urihttps://hdl.handle.net/10986/12686
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL COMMODITY
dc.subjectARREARS
dc.subjectBALANCE SHEET
dc.subjectBANK BALANCE SHEETS
dc.subjectBANK DEPOSITS
dc.subjectBANK LENDING
dc.subjectBANK LOAN
dc.subjectBANK LOANS
dc.subjectBANK RATES
dc.subjectBANKING ASSETS
dc.subjectBANKING CRISIS
dc.subjectBANKING MARKET
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR ASSETS
dc.subjectBANKING SECTORS
dc.subjectBANKING SYSTEM
dc.subjectBANKING SYSTEMS
dc.subjectBOND AUCTIONS
dc.subjectBOND MARKETS
dc.subjectBOND SPREADS
dc.subjectBORROWER
dc.subjectBROKERAGE
dc.subjectBUDGET DEFICIT
dc.subjectCAPITAL FLOWS
dc.subjectCAPITAL INFLOWS
dc.subjectCAPITAL MARKETS
dc.subjectCENTRAL BANK
dc.subjectCOLLATERAL
dc.subjectCOMMERCIAL BANKS
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCORPORATE BORROWERS
dc.subjectCORPORATE GOVERNANCE
dc.subjectCOUNTRY RISKS
dc.subjectCREDIT GROWTH
dc.subjectCREDIT LINES
dc.subjectCREDIT MARKETS
dc.subjectCREDIT PROVISION
dc.subjectCREDIT RISK
dc.subjectCURRENCY
dc.subjectCURRENCY DEPRECIATION
dc.subjectCURRENCY DEVALUATION
dc.subjectCURRENCY DEVALUATIONS
dc.subjectCURRENCY EARNINGS
dc.subjectCURRENCY MISMATCHES
dc.subjectCURRENCY RISK
dc.subjectCURRENCY RISKS
dc.subjectCURRENCY VALUATIONS
dc.subjectCUSTODY
dc.subjectDEBT
dc.subjectDEBT BURDEN
dc.subjectDEBT CRISIS
dc.subjectDEBT LEVELS
dc.subjectDEFAULTS
dc.subjectDEPOSITS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPMENT BANK
dc.subjectDOMESTIC BANKS
dc.subjectDOMESTIC BOND
dc.subjectDOMESTIC BOND MARKETS
dc.subjectDOMESTIC CREDIT
dc.subjectDOMESTIC FINANCIAL MARKETS
dc.subjectDOMESTIC INSTITUTIONAL INVESTOR
dc.subjectDOMESTIC MARKETS
dc.subjectEMERGING MARKET
dc.subjectEMERGING MARKETS
dc.subjectEQUITIES
dc.subjectEQUITY MARKET
dc.subjectEQUITY MARKETS
dc.subjectEUROBOND
dc.subjectEXCHANGE RATE
dc.subjectEXPORTERS
dc.subjectEXTERNAL FUNDING
dc.subjectFINANCIAL CONTAGION
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL MARKET
dc.subjectFINANCIAL SECTOR DEVELOPMENT
dc.subjectFINANCIAL STABILITY
dc.subjectFINANCIAL SYSTEM
dc.subjectFINANCIAL SYSTEMS
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL POLICY
dc.subjectFIXED INCOME
dc.subjectFIXED INCOME MARKETS
dc.subjectFOREIGN BANK
dc.subjectFOREIGN BANKS
dc.subjectFOREIGN CAPITAL
dc.subjectFOREIGN CURRENCY
dc.subjectFOREIGN CURRENCY DEBT
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN DIRECT INVESTMENTS
dc.subjectFOREIGN EXCHANGE
dc.subjectFOREIGN EXCHANGE RESERVES
dc.subjectFOREIGN INFLOWS
dc.subjectFOREIGN INVESTOR
dc.subjectFOREIGN INVESTORS
dc.subjectFOREIGN PORTFOLIO INVESTOR
dc.subjectGOVERNMENT BOND
dc.subjectGOVERNMENT BOND MARKETS
dc.subjectGOVERNMENT BORROWING
dc.subjectGOVERNMENT BUDGETS
dc.subjectGOVERNMENT FUNDING
dc.subjectGOVERNMENT SECURITIES
dc.subjectHOLDING
dc.subjectHOLDINGS
dc.subjectINDEBTEDNESS
dc.subjectINFLATION
dc.subjectINFLATIONARY PRESSURES
dc.subjectINSTITUTIONAL INVESTORS
dc.subjectINSURANCE
dc.subjectINSURANCE COMPANIES
dc.subjectINSURANCE PENETRATION
dc.subjectINTEREST RATES
dc.subjectINTERNATIONAL BANKS
dc.subjectINTERNATIONAL BOND
dc.subjectINTERNATIONAL BOND ISSUE
dc.subjectINTERNATIONAL BOND ISSUES
dc.subjectINTERNATIONAL CAPITAL
dc.subjectINTERNATIONAL CAPITAL MARKETS
dc.subjectINTERNATIONAL FINANCIAL INSTITUTIONS
dc.subjectINTERNATIONAL FINANCIAL STATISTICS
dc.subjectINTERNATIONAL INVESTMENT
dc.subjectINTERNATIONAL INVESTORS
dc.subjectINTERNATIONAL MARKET
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL SETTLEMENT
dc.subjectINVESTING
dc.subjectINVESTMENT ALLOCATIONS
dc.subjectINVESTMENT FLOWS
dc.subjectINVESTMENT FUNDS
dc.subjectINVESTMENT PORTFOLIOS
dc.subjectINVESTMENT STRATEGIES
dc.subjectINVESTOR BASE
dc.subjectINVESTOR CONFIDENCE
dc.subjectINVESTOR INTEREST
dc.subjectINVESTOR PARTICIPATION
dc.subjectINVESTOR PERCEPTIONS
dc.subjectISSUANCE
dc.subjectLENDERS
dc.subjectLETTER OF CREDIT
dc.subjectLETTERS OF CREDIT
dc.subjectLIQUIDITY
dc.subjectLIQUIDITY RISK
dc.subjectLOAN
dc.subjectLOCAL BANKS
dc.subjectLOCAL BOND MARKET
dc.subjectLOCAL CURRENCY
dc.subjectLOCAL FINANCIAL MARKETS
dc.subjectLOCAL MARKETS
dc.subjectLOCAL SAVINGS
dc.subjectMACROECONOMIC POLICY
dc.subjectMARKET ANALYST
dc.subjectMARKET ANALYSTS
dc.subjectMARKET CAPITALIZATION
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DEPTH
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET LIQUIDITY
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET SHARE
dc.subjectMARKET STABILITY
dc.subjectMARKET TRANSPARENCY
dc.subjectMARKET VALUES
dc.subjectMATURITY
dc.subjectMONETARY POLICY
dc.subjectNATIONAL CREDIT
dc.subjectNATIONAL DEBT
dc.subjectNON-PERFORMING LOANS
dc.subjectOIL PRICES
dc.subjectPAYMENT OBLIGATIONS
dc.subjectPENSION
dc.subjectPENSION FUNDS
dc.subjectPORTFOLIO
dc.subjectPORTFOLIO FLOW
dc.subjectPORTFOLIO FLOWS
dc.subjectPORTFOLIO INFLOWS
dc.subjectPORTFOLIO INVESTMENT
dc.subjectPORTFOLIO PERFORMANCE
dc.subjectPORTFOLIO QUALITY
dc.subjectPORTFOLIOS
dc.subjectPRICE VOLATILITY
dc.subjectPRIVATE CREDIT
dc.subjectPRIVATE SECTOR CREDIT
dc.subjectREMITTANCE
dc.subjectREMITTANCES
dc.subjectRETURNS
dc.subjectRISK AVERSION
dc.subjectRISK EXPOSURE
dc.subjectRISK MANAGEMENT
dc.subjectRISK PROFILES
dc.subjectSAVINGS RATES
dc.subjectSECURITIES
dc.subjectSECURITY MARKETS
dc.subjectSOLVENCY
dc.subjectSOVEREIGN BONDS
dc.subjectSOVEREIGN DEBT
dc.subjectSOVEREIGN ISSUES
dc.subjectSTOCK EXCHANGE
dc.subjectSTOCK EXCHANGES
dc.subjectSTOCK MARKET
dc.subjectSTOCKS
dc.subjectSUBORDINATED DEBT
dc.subjectTRADE FINANCE
dc.subjectTRADE FINANCING
dc.subjectTRADING
dc.subjectTRANSACTION
dc.subjectTRANSACTION COSTS
dc.subjectTREASURY
dc.subjectUNDERDEVELOPED FINANCIAL SECTORS
dc.subjectUNSECURED CREDIT
dc.subjectWITHDRAWAL
dc.titleAfrican Financial Sectors and the European Debt Crisis : Will Trouble Blow across the Sahara?en
dspace.entity.typePublication
okr.date.disclosure2012-07-03
okr.date.doiregistration2025-05-07T12:03:52.131108Z
okr.doctypeEconomic & Sector Work::Other Financial Sector Study
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2012/01/16465231/financing-small-medium-enterprises-republic-south-africa-trouble-blow-across-sahara
okr.globalpracticeFinance and Markets
okr.globalpracticeTrade and Competitiveness
okr.guid852511468101354523
okr.identifier.externaldocumentum000333037_20120704011500
okr.identifier.internaldocumentum16465231
okr.identifier.report70434
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/07/04/000333037_20120704011500/Rendered/PDF/704340ESW0P11800Finance0policy0note.pdfen
okr.region.administrativeAfrica
okr.region.geographicalSub-Saharan Africa
okr.sectorFinance :: Micro- and SME finance
okr.themeMicro, Small and Medium Enterprise support
okr.themeFinancial and private sector development
okr.topicFinance and Financial Sector Development::Financial Intermediation
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicBanks and Banking Reform
okr.topicPrivate Sector Development::Emerging Markets
okr.topicFinance and Financial Sector Development::Access to Finance
okr.unitAFT:Fin&PrivSecDev East&Southern (AFTFE)
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