LEADER 04378nam 22006015 450 001 9910373878203321 005 20200630180856.0 010 $a3-030-32938-0 024 7 $a10.1007/978-3-030-32938-9 035 $a(CKB)4900000000505085 035 $a(MiAaPQ)EBC6012258 035 $a(DE-He213)978-3-030-32938-9 035 $a(EXLCZ)994900000000505085 100 $a20200110d2020 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aFinancial Sector Development in African Countries $eMajor Policy Making Issues /$fby Omotunde E. G. Johnson 205 $a1st ed. 2020. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Pivot,$d2020. 215 $a1 online resource (xi, 142 pages) 300 $aIncludes index. 311 $a3-030-32937-2 327 $a1. Introduction -- 2. Getting the Basics Right -- 3. Establishing Socially Efficient Foreign Exchange Markets -- 4. Attaining Sound International Financial Center Status. 330 $aThis Palgrave Pivot begins with a broad focus on financial sector development as a whole, highlighting areas such as the money market, payment system, and the capital market, as well as issues such as regulatory strategy, capacity building of financial firms and service providers, and financial inclusion. In the area of foreign exchange market policies, the book argues that African countries should aim for social efficiency of the markets, which would include soundness of their foreign exchange systems, from an economic growth perspective, and fairness from an income distributional perspective. Finally, in recognition of the fact that some African countries desire financial systems that are strong enough to be international centers of finance, the policy-making implications of that ambition are discussed. This book will be of interest to scholars and students in development economics, finance, and money and banking, as well as policy-makers and practitioners. Further, international organisations and independent research organisations interested in economic development in general or financial system development issues will also find this book of value. Omotunde E. G. Johnson received his PhD in Economics from the University of California, Los Angeles, USA, in 1970. He has taught at universities including the University of Sierra Leone and the University of Michigan, USA, and was International Monetary Fund staff member for more than 25 years. He was Visiting Research Fellow at the Centre for the Study of African Economies and Senior Associate Member at St Antony?s College, Oxford University, UK. He has published a number of books and many articles in academic journals, including the Journal of Law and Economics, Journal of Money Credit and Banking, World Development, Kyklos, Journal of Policy Reform, and International Monetary Fund Staff Papers. His most recent book, published by Palgrave Macmillan, was Economic Diversification and Growth in Africa: Critical Policy Making Issues. 606 $aAfrica?Economic conditions 606 $aDevelopment economics 606 $aEconomic development projects?Finance 606 $aEconomic growth 606 $aAfrican Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W45020 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aDevelopment Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/625000 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 615 0$aAfrica?Economic conditions. 615 0$aDevelopment economics. 615 0$aEconomic development projects?Finance. 615 0$aEconomic growth. 615 14$aAfrican Economics. 615 24$aDevelopment Economics. 615 24$aDevelopment Finance. 615 24$aEconomic Growth. 676 $a338.96 676 $a338.9 700 $aJohnson$b Omotunde E. G$4aut$4http://id.loc.gov/vocabulary/relators/aut$0126096 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910373878203321 996 $aFinancial Sector Development in African Countries$91999225 997 $aUNINA