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Financing Growth in the WAEMU Through the Regional Securities Market.

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 backgrou...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Diouf, Mame Astou
Otros Autores: Boutin-Dufresne, Francois
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Washington : International Monetary Fund, 2012.
Colección:IMF Working Papers.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario: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.
Descripción Física:1 online resource (23 pages)
ISBN:9781475563900
1475563906