The characteristics of informal financial markets in sub-Saharan Africa

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dc.contributor.authorAryeetey, E.
dc.contributor.authorUdry, C.
dc.date.accessioned2025-11-19T16:34:31Z
dc.date.issued1997
dc.description.abstractThis paper provides a brief review of both the relevant theoretical and empirical literature; an account of the usefulness of the theoretical literature for interpreting the empirical research on informal finance in Africa; brief notes on some of the implications of the economics of incomplete information and imperfect contract enforcement for financial policy in Africa; and suggestions for a research programme that integrates detailed empirical observation with relevant theory. Comments on the paper follow on pp 204-211. � 2004 Elsevier Science B.V., Amsterdam. All rights reserved.
dc.identifier.issn14643723
dc.identifier.issn09638024
dc.identifier.urihttps://achimotaschoolarchives.org/handle/123456789/358
dc.language.isoen
dc.subjectdeveloping region
dc.subjectfinancial market
dc.subjectinformal finance
dc.subjectinformal sector
dc.subjectmarket characteristics
dc.subjectAfrica, (sub-Sahara)
dc.titleThe characteristics of informal financial markets in sub-Saharan Africa
dc.typeArticle

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