02609nam 2200577Ia 450 991046401620332120201005201127.01-4623-5476-91-4527-0365-51-4518-7260-797866128432801-282-84328-1(CKB)3170000000055268(EBL)1608300(SSID)ssj0000940802(PQKBManifestationID)11502822(PQKBTitleCode)TC0000940802(PQKBWorkID)10955829(PQKB)10698910(OCoLC)645515702(MiAaPQ)EBC1608300(EXLCZ)99317000000005526820041202d2009 uf 0engtxtccrFinancial deepening in the CFA Franc zone[electronic resource] the role of institutions /prepared by Raju Jan Singh, Kangni Kpodar, and Dhaneshwar Ghura[Washington D.C.] International Monetary Fund20091 online resource (19 p.)IMF working paper ;WP/09/113Description based upon print version of record.1-4519-1690-6 Includes bibliographical references.Contents; I. Introduction; II. Recent Developments; III. Theoretical Background and Review of the Literature; IV. Empirical Analysis; A. Data; B. Methodology and Main Results; V. Summary and Conclusions; ReferencesDuring the 1980's and early 1990's many Sub-Saharan African (SSA) countries undertook reforms to promote financial sector deepening. Nevertheless, financial sectors in SSA countries remain among the shallowest in the world and, within Sub-Saharan Africa, financial depth in the CFA franc zone is even more limited. This paper sets out to investigate empirically factors that may explain why financial depth in the CFA franc zone is shallower than in the rest of SSA using panel data for a sample of 40 countries for 1992-2006. The results indicate that the gap in financial development between the CFAIMF working paper ;WP/09/113.FinanceAfrica, Sub-SaharanAfrica, French-speakingEconomic policyElectronic books.FinanceSingh Raju Jan964958Kpodar Kangni936635Ghura Dhaneshwar867328MiAaPQMiAaPQMiAaPQBOOK9910464016203321Financial deepening in the CFA Franc zone2189318UNINA