Honohan, PatrickBeck, Thorsten2012-05-292012-05-292007978-0-8213-6909-8https://hdl.handle.net/10986/6626Making Finance Work for Africa presents a coherent policy approach that addresses African priorities and can work in African conditions. It challenges the applicability of some conventional views on a range of issues from securities markets and banking regulation to the organization of microfinance institutions. The authors identify promising trends from across sub-Saharan Africa and pinpoint shortcomings. The book will be useful to policy makers, bankers, financial analysts, and economists working in Africa.en-USCC BY 3.0 IGOACCOUNTINGADMINISTRATIVE CONTROLSADVERSE SELECTIONAGRICULTUREBANK DEPOSITSBANK REGULATIONBANKING SYSTEMBANKING SYSTEMSBANKRUPTCYBANKSBARRIERS TO ENTRYBONDSBORROWINGBUSINESS ENVIRONMENTCAPITALIZATIONCOMMON LAWCOMMUNICATIONS TECHNOLOGYCOMPARATIVE ANALYSISCONTRACT ENFORCEMENTCOOPERATIVESCORPORATE EQUITYCORPORATE GOVERNANCECREDIT UNIONCRISESDEBTDEPOSITSDEVELOPMENT BANKSDEVELOPMENT POLICYDIRECT INVESTMENTEAST AFRICAN DEVELOPMENT BANKECONOMIC CONDITIONSECONOMIC GROWTHECONOMIC PERFORMANCEECONOMIC POWERECONOMIC RESEARCHECONOMIC STRUCTUREEMPLOYMENTEMUENTREPRENEURSHIPEQUITY MARKETSEXPORTSEXTREME POVERTYFIGHTING CORRUPTIONFINANCIALFINANCIAL CONTRACTSFINANCIAL DEVELOPMENTFINANCIAL ENGINEERINGFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL INSTRUMENTSFINANCIAL INTERMEDIARIESFINANCIAL INTERMEDIATIONFINANCIAL REPORTINGFINANCIAL SECTORFINANCIAL SERVICESFINANCIAL STABILITYFINANCIAL SYSTEMSFIXED COSTSFOREIGN BANKSFUTURESGDPGDP PER CAPITAGOOD GOVERNANCEGOVERNANCE PROBLEMSGROSS DOMESTIC PRODUCTGROWTH RATESHOUSINGHUMAN CAPITALINCOMEINCOME DISTRIBUTIONINCOME GROUPSINCREASING RETURNSINEQUALITYINFLATIONINFORMATIONINSURANCEINTEREST RATESINTERNATIONAL BANKINGINTERNATIONAL FINANCEINVESTMENT CLIMATEIPOLAWSLEGAL ORIGINLEGAL SYSTEMSLEGISLATIONLIFE INSURANCELIQUIDITYLIVING STANDARDSLOW INTEREST RATEMACROECONOMIC STABILITYMARKET DISCIPLINEMARKET ECONOMIESMARKET ECONOMYMICROFINANCEMONEY LAUNDERINGMONOPOLIESMORAL HAZARDNATIONAL DEVELOPMENTNATIONAL INCOMENEW ENTRANTSNONGOVERNMENTAL ORGANIZATIONSORGANIZATIONAL STRUCTURESOVERHEAD COSTSPAYMENTSPENSION FUNDSPRIVATIZATIONPRODUCTIVITYPROPERTY RIGHTSPUBLIC INSTITUTIONSREGULATORY FRAMEWORKRELATIONSHIP LENDINGRESOURCE ALLOCATIONRESOURCE MOBILIZATIONRISK INSURANCERISK MANAGEMENTSAVINGSSAVINGS RATESSECURITIESSOCIAL CHANGESTOCK EXCHANGESSTOCK MARKETSSUBSIDIARIESSUBSIDIARYSYSTEMIC RISKTERM FINANCETRANSPARENCYWARRANTSMaking Finance Work for AfricaLa finance au service de l'AfriqueWorld Bank10.1596/978-0-8213-6909-8