Publication: Bankable Assets : Africa Faces Many Obstacles in Developing Financial Systems
Date
2006-07
ISSN
Published
2006-07
Author(s)
Christensen, Jakob
Gulde, Anne-Marie
Pattillo, Catherine
Abstract
Sound, deep, and efficient financial
sectors are vital for high sustained, private sector-led
growth. But financial sectors in their current form pose
major problems for the economies of sub Saharan Africa
(SSA). Insufficient access to credit by small and medium-
sized enterprises constrains their ability to expand and
limits countries' growth potential. Most households
cannot build formal savings, so their ability to escape
poverty by investing in education or housing is limited.
Link to Data Set
Citation
“Christensen, Jakob; Gulde, Anne-Marie; Pattillo, Catherine. 2006. Bankable Assets : Africa Faces Many Obstacles in Developing Financial Systems. Africa Region Findings & Good Practice Infobriefs; No. 276. © World Bank, Washington, DC. http://hdl.handle.net/10986/9601 License: CC BY 3.0 IGO.”