Financing Growth in the Waemu Through the Regional Securities Market Past Successes and Current Challenges
| Author/creator | Diouf, Mame Astou Author |
| Other author | Boutin-Dufresne, François Author |
| Format | Electronic |
| Publication Info | Washington : International Monetary Fund |
| Description | 23 p. |
| Supplemental Content | Full text available from Ebook Central - Academic Complete |
| Summary | Annotation The West African Economic and Monetary Union (WAEMU) regional securities market saw increasing activity in the last decade, but still fell short of supplying sufficient long-term financing for growth-enhancing public and private investment projects. In addition to providing an institutional background, this paper studies recent developments and the determinants of interest rates on the market--using yield curve and principal component analyses. It also identifies challenges and prospective reforms that could help the region reap the full benefits of a more dynamic securities market and assesses the potential systemic risk the market may pose for the region's banking system. |
| Access restriction | Available only to authorized users. |
| Technical details | Mode of access: World Wide Web |
| Genre/form | Electronic books. |
| ISBN | 9781475515701 |
| ISBN | 1475515707 (E-Book) Active Record |
| Stock number | 00013468 |