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Periodical issue Periodical issue Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:Special issue on financial reforms in Africa: enhancing bank competition and intermediation efficiency
Editor:Mlambo, KupukileISNI
Periodical:African Development Review (ISSN 1017-6772)
Geographic term:Africa
Subjects:financial policy
Abstract:Since the early 1990s, many African economies have undertaken financial sector reforms, mainly by implementing financial liberalization, creating an enabling environment for financial institutions and markets. Invariably, the banking sector has been the focal point of the reforms. What lessons can be drawn from African countries which have undertaken sustained regulatory reforms? Specifically, has 'free entry and exit' engendered more competitiveness of the financial services sector? Do the reforming countries show evidence of positive spillover effects from the financial services to the rest of the economy, in terms of economic growth? This special issue presents eight case studies: Algeria (Taoufik Rajhi and Hatem Salah, in French), Egypt (Sunil S. Poshakwale and Binsheng Qian), Ghana (Nicholas Biekpe), Kenya (Francis Mwega), Nigeria (Tianshu Zhao and Victor Murinde), South Africa (Kupukile Mlambo and Mthuli Ncube), Tanzania (Anthony M. Simpasa) and Zambia (Abraham Mwenda and Noah Mutoti). The issue shows that the degree of success of banking reforms is varied across the countries, especially in terms of achieving efficiency of financial intermediation. [ASC Leiden abstract]