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 InfoPaper provided by Department of Economics, University of Leicester in its series Discussion Papers in Economics with number 09/4.
Date of creation: Feb 2009
Date of revision:
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Postal: Department of Economics University of Leicester, University Road. Leicester. LE1 7RH. UK
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Other versions of this item:
- Panicos Demetriades & David Fielding, 2012. "Information, Institutions, And Banking Sector Development In West Africa," Economic Inquiry, Western Economic Association International, vol. 50(3), pages 739-753, 07.
- 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
This paper has been announced in the following NEP Reports:
- NEP-AFR-2009-02-22 (Africa)
- NEP-ALL-2009-02-22 (All new papers)
- NEP-BAN-2009-02-22 (Banking)
- NEP-DEV-2009-02-22 (Development)
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.:
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World Bank Publications,
The World Bank, number 6626, September.
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- Laurent Weill, 2011.
"Does corruption hamper bank lending? Macro and micro evidence,"
Springer, vol. 41(1), pages 25-42, August.
- 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).
- 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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