Cissé, Aboubakar Sidiki (2009): Faible financement bancaire dans la zone uemoa : une analyse des causes de ce mal récurrent.
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Abstract
In this working paper, we analyze the causes of under bank financing in the WAEMU (West African economic and monetary union) zone is characterized by yet quasi-permanent bank liquidity and a stable currency (the CFA franc) with unlimited convertibility guaranteed by France. We have identified several factors that explain this phenomenon among which we can mention: the low banking penetration, the importance of the informal financial sector, the limited scope of monetary policy. One important outcome of this study is that a flexible monetary policy (inflation for a little more economic growth) could facilitate the access of entrepreneurs and private to banking services.
Item Type: | MPRA Paper |
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Original Title: | Faible financement bancaire dans la zone uemoa : une analyse des causes de ce mal récurrent |
English Title: | Low financing in the waemu zone: an analysis of the causes of this disease recurring |
Language: | French |
Keywords: | liquidity, financial system, WAEMU, the CFA franc, bank financing, the real economy |
Subjects: | O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit N - Economic History > N1 - Macroeconomics and Monetary Economics ; Industrial Structure ; Growth ; Fluctuations > N17 - Africa ; Oceania |
Item ID: | 40821 |
Depositing User: | Dr. Aboubakar Sidiki CISSE |
Date Deposited: | 27 Aug 2012 14:15 |
Last Modified: | 27 Sep 2019 07:59 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/40821 |