by
Catherine Ms. Pattillo, Anne Ms. Gulde, Kevin Carey
Language: English
Release Date: August 28, 2006
Financial sectors in low-income sub-Saharan Africa (SSA) are among the world's least developed. In fact, assets in most low-income African countries are smaller than those held by a single medium-sized bank in an industrial country. The absence of deep, efficient financial markets seriously challenges...