Information, Institutions, And Banking Sector Development In West Africa
AbstractUsing a new panel dataset for banks in eight West African countries, we explore the factors that exacerbate or alleviate excess liquidity, and the factors that promote or retard the rate of growth of banks' assets. Loan default rates in the region are high, and variations in the rate impact on liquidity and asset growth. However, the size of this effect is very sensitive to bank age. Some types of improvement in the quality of governance reduce excess liquidity and promote asset growth. However, the impact of other types of improvement, particularly with regard to corruption, is ambiguous. We uncover evidence that provides an explanation for this ambiguity.
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Bibliographic InfoArticle provided by Western Economic Association International in its journal Economic Inquiry.
Volume (Year): 50 (2012)
Issue (Month): 3 (07)
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Other versions of this item:
- Panicos Demetriades & David Fielding, 2009. "Information, Institutions and Banking Sector Development in West Africa," Discussion Papers in Economics 09/4, Department of Economics, University of Leicester.
- Panicos Demetriades & David Fielding, 2009. "Information, Institutions and Banking Sector Development in West Africa," Working Papers 0902, University of Otago, Department of Economics, revised Jan 2009.
- G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
- O16 - Economic Development, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Demetriades, Panicos O. & Andrianova, Svetlana, 2005. "Sources and Effectiveness of Financial Development: What We Know and What We Need to Know," Working Paper Series RP2005/76, World Institute for Development Economic Research (UNU-WIDER).
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"Making finance work for Africa,"
Open Access publications from Tilburg University
urn:nbn:nl:ui:12-3125420, Tilburg University.
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- Arestis, Philip & Demetriades, Panicos O, 1997.
"Financial Development and Economic Growth: Assessing the Evidence,"
Royal Economic Society, vol. 107(442), pages 783-99, May.
- Panicos O. Demetriades & Philip Arestis, 1996. "Financial Development and Economic Growth: Assessing the Evidence," Keele Department of Economics Discussion Papers (1995-2001) 96/16, Department of Economics, Keele University.
- Laurent Weill, 2009.
"Does Corruption Hamper Bank Lending? Macro and Micro Evidence,"
Working Papers of LaRGE Research Center
2009-09, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg (France).
- Laurent Weill, 2011. "Does corruption hamper bank lending? Macro and micro evidence," Empirical Economics, Springer, vol. 41(1), pages 25-42, August.
- Weill, Laurent, 2009. "Does corruption hamper bank lending? Macro and micro evidence," BOFIT Discussion Papers 3/2009, Bank of Finland, Institute for Economies in Transition.
- Hovhannes Toroyan & George C. Anayiotos, 2009. "Institutional Factors and Financial Sector Development: Evidence from Sub-Saharan Africa," IMF Working Papers 09/258, International Monetary Fund.
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