Rentabilité du secteur bancaire et défaillances du financement du développement: le cas de la CEMAC

Philippe Hugon

Revue Tiers-Monde, 2007, vol. n° 192, issue 4, 771-788

Abstract: Developing countries, especially African countries, are characterised by economic underdevelopment linked to financial underdevelopment. Financial policies were liberalized after voluntarist policies but their results are limited. Financial sector was reformed and overcashed banks are benefit but financial system is segmented and cannot finance development. This article presents debate about financial liberalization and linkages between economic and financial underdevelopment with special reference to CEMAC, six central African states member of zone franc.

Keywords: Banks; financial liberalization; poverty traps; uncertainty; underdevelopment; risk (search for similar items in EconPapers)
Date: 2007
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