04002oam 22009854 450 991078851880332120230829002123.01-4623-1650-61-4527-0170-91-282-56215-097866138224751-4519-0927-6(CKB)3360000000443282(EBL)3014529(SSID)ssj0000940809(PQKBManifestationID)11528534(PQKBTitleCode)TC0000940809(PQKBWorkID)10956008(PQKB)10494654(OCoLC)694141233(MiAaPQ)EBC3014529(IMF)WPIEE2006214(EXLCZ)99336000000044328220020129d2006 uf 0engur|n|---|||||txtccrFinancial Integration in the West African Economic and Monetary Union /Amadou SyWashington, D.C. :International Monetary Fund,2006.1 online resource (25 p.)IMF Working Papers"September 2006."1-4518-6474-4 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. THE REGIONAL FINANCIAL SECTOR""; ""III. FINANCIAL INTEGRATION THROUGH REGIONAL INSTITUTIONS""; ""IV. REGIONAL POLICY ISSUES AND CONCLUSIONS""; ""References""This study assesses the degree of financial integration in the West African Economic and Monetary Union (WAEMU). The structure of the financial sector and its institutional arrangements indicate that financial integration is well advanced in some aspects. Common and foreign ownership of banks is very high and cross-border transactions are frequent in the government securities markets. Common institutions help achieve a high degree of similarity of rules. There is nonetheless scope for further financial integration as indicated by persistent deviations from the law of one price, limited cross-border bank transactions, and differences in treatment. Policy measures could therefore help achieve greater financial convergence.IMF Working Papers; Working Paper ;No. 2006/214Monetary unionsAfrica, WestBanks and BankingimfFinance: GeneralimfInvestments: GeneralimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfGeneral Financial Markets: General (includes Measurement and Data)imfBankingimfFinanceimfInvestment & securitiesimfFinancial integrationimfCommercial banksimfTreasury bills and bondsimfInterbank marketsimfBanks and bankingimfInternational financeimfGovernment securitiesimfAfrica, WestEconomic conditionsCôte d'IvoireimfMonetary unionsBanks and BankingFinance: GeneralInvestments: GeneralBanksDepository InstitutionsMicro Finance InstitutionsMortgagesGeneral Financial Markets: General (includes Measurement and Data)BankingFinanceInvestment & securitiesFinancial integrationCommercial banksTreasury bills and bondsInterbank marketsBanks and bankingInternational financeGovernment securitiesSy Amadou1462056DcWaIMFBOOK9910788518803321Financial Integration in the West African Economic and Monetary Union3670911UNINA