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Financing growth in the WAEMU through the regional securities market : past successes and current challenges /
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...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund,
©2012.
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| Colección: | IMF working paper ;
WP/12/249. |
| Temas: | |
| Acceso en línea: | Texto completo |
| 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 the potential systemic risk the market may pose for the region's banking system. |
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| Notas: | Title from PDF title page (IMF Web site, viewed Oct. 25, 2012). "African Department." "October 2012." |
| Descripción Física: | 1 online resource (22 pages). |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 1475515707 9781475515701 1616357819 9781616357818 1475563906 9781475563900 |