African financial development dynamics: big time convergence
African financial development dynamics: big time convergence
Publisher:
Emerald
Date published:
2014
Record type:
Region:
Journal Title:
African Journal of Economic and Management Studies
Source:
African Journal of Economic and Management Studies, Vol. 5, No. 2, 2014, pp. 160-194
Abstract:
Assessment of African financial development dynamic convergences in money, credit, efficiency and size. The paper aims to discuss these issues. The presence of strong links among African banking sectors may present little opportunity for portfolio diversification. The convergence patterns show positive steps toward regional integration. As a policy implication, African governments should not relent in structural and institutional reforms.
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CITATION: A. Asongu, Simplice. African financial development dynamics: big time convergence . : Emerald , 2014. African Journal of Economic and Management Studies, Vol. 5, No. 2, 2014, pp. 160-194 - Available at: https://library.au.int/african-financial-development-dynamics-big-time-convergence-28