Financial Sector Development in Sub-Saharan African Countries

Jean-Pierre Briffaut, George Iden, Peter Hayward, Tonny Lybek, Hassanali Mehran, Piero Ugolini and Stephen Swaray

No 1998/018, IMF Occasional Papers from International Monetary Fund

Abstract: This study takes stock of progress made so far in the financial sectors of sub-saharan African countries. It recommends further reforms and specific measures in the areas of supervision, development of monetary operations and financial markets, external sector liberalization, central bank autonomy and accountability, payments system, and central bank accounting and auditing.

Keywords: OP; central bank; government; market; payment; monetary policy; bank expansion; government bank; exchange policy; bank intermediation; resource utilization; a number of bank; government ownership; Commercial banks; Central bank legislation; Central bank autonomy; Payment systems; Financial sector; Sub-Saharan Africa; Africa; West Africa (search for similar items in EconPapers)
Pages: 115
Date: 1998-10-01
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Citations: View citations in EconPapers (18)

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