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Faible financement bancaire dans la zone uemoa : une analyse des causes de ce mal récurrent
[Low financing in the waemu zone: an analysis of the causes of this disease recurring]

  • Cissé, Aboubakar Sidiki
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    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.

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    File URL: http://mpra.ub.uni-muenchen.de/40821/1/MPRA_paper_40821.pdf
    File Function: original version
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    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 40821.

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    Date of creation: Jan 2009
    Date of revision: 24 Aug 2012
    Handle: RePEc:pra:mprapa:40821
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    1. Sylviane GUILLAUMONT JEANNENEY & Kangni KPODAR, 2004. "Développement financier, instabilité financière et croissance économique," Macroeconomics 0407004, EconWPA.
    2. Lee, Jaewoo, 1996. "Financial development by learning," Journal of Development Economics, Elsevier, vol. 50(1), pages 147-164, June.
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