1.

Record Nr.

UNINA9910463670303321

Autore

Anayiotos George C

Titolo

Institutional factors and financial sector development [[electronic resource] ] : evidence from Sub-Saharan Africa / / George C. Anayiotos and Hovhannes Toroyan

Pubbl/distr/stampa

[Washington, D.C.], : International Monetary Fund, 2009

ISBN

1-4623-1943-2

1-4518-7404-9

9786612844522

1-4527-0767-7

1-282-84452-0

Descrizione fisica

1 online resource (42 p.)

Collana

IMF working paper ; ; WP/09/258

Altri autori (Persone)

ToroyanHovhannes

Soggetti

Finance - Africa, Sub-Saharan

Economics - Africa, Sub-Saharan

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Institutions and Financial Sector Development; III. Testing for the Role of Institutions in Financial Sector Development; 1. Illustration of the DEA; IV. Conclusions, Policy Implications, and Possible Extensions; I. Data Envelopment Analysis; II. Data Description; III. Data Used; IV. DEA Results: Impact of Institutions on Financial Sector Development; References; Footnotes

Sommario/riassunto

The paper assesses the effects of certain institutional factors on financial sector development in Sub- Saharan Africa (SSA). Data Envelopment Analysis (DEA) is applied to determine the extent to which these institutions affect the financial sector, and to suggest which institutions play a more critical role in each country. Results suggest that institutional factors affect financial depth and access to financial services more than asset quality and profitability (measured by nonperforming loans (NPL) and return on equity (ROE). The results also suggest that depth of credit information has the