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About Making Finance Work for Africa
Making Finance Work for Africa takes a panoramic view of Africa’s financial systems, both at the large scale ( and “finance for growth and “) and the small scale ( and “finance for all and “). Things are changing for the better in African finance. Credit growth is underway after a long pause, solid new intermediaries are entering the marketplace, and the reach of microfinance is growing steadily. Finance can be a leading sector transforming African economies – by opening up business opportunities to a wider clientele and by channeling larger resources more effectively. By providing a key alternative to government patronage as a basis for entry into business, a strong, independent financial system can transform the environment for enterprise. In addition, finance can help the poor and those in remote rural areas by providing small-scale payments, savings, and risk reduction services. Making 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. Contains CD-ROM.
Detailed Information
| Author: | Patrick Honohan |
|---|---|
| Publication Year: | 2007 |
| ISBN: | 9780821369098 |
| Pages: | 264 |
| Language: | English |
| File Size: | 1.5 |
| Format: | |
| Price: | FREE |
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