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Sub-Saharan Africa
Financial sectors in low-income sub-Saharan Africa (SSA) are among the world's least developed. In fact, assets in most low-income African countries are smaller than those held by a single medium-sized bank in an industrial country. The absence of deep, efficient financial markets seriously challenges policy making, hinders poverty alleviation, and constrains growth. This book argues that building efficient and sound financial sectors in SSA countries will improve Africa's economic prospects. Based on a review of the key features of financial systems, it discusses the main obstacles and challenges that financial structures pose for SSA economies and recommends steps that could address major shortcomings in implementing the reform agenda.
Sub-Saharan Africa's Integration in the Global Financial Markets
The paper uses a unique database covering 44 countries in sub-Saharan Africa (SSA) countries between 2000 and 2007 to study the determinants of the allocation and composition of flows across countries, as well as channels through which private capital flows could affect growth. In our sample, the degree of financial market development is an important determinant of the distribution of capital flows across countries as opposed to property rights institutions. The fairly consistent positive association between net capital flows and growth for SSA countries contrasts with the more pessimistic results of recent studies, though our data do not allow us to make conclusive inferences about a causality relationship.
।। Shree Swami Vibhuti Sakshatkar ।।
The miracle, where a stream of "Vibhūtī" emerged continuously from Shree Swāmi Samarth’s photograph, took place during the period, 1 st July to 18th July (Aashadh Shukla Ekadashi to Aashadh Krushna Dwādashi), prior to this particular miracle many other miracles had taken place in my life. Almost one hundred thousand people visited our house to witness the ‘Vibhūtī Miracle’. Many requested me lovingly to write a small book about this incidence. In fact, it was Swāmi’s will and command, that I write a book on Vibhūtī Sākshātkār. Keeping all this in mind, I wrote this book. I have stated THRUTH and only but the THRUTH in this book. It was a humble attempt but in reality, the word ‘Attempt’ is also wrong, because I physically wrote or described the incident but in actuality it was the Great Saint of ‘Akkalkot’, who dictated it to me.
Financial Development in Sub-Saharan Africa
This paper discusses how sub-Saharan Africa’s financial sector developed in the past few decades, compared with other regions. Sub-Saharan African countries have made substantial progress in financial development over the past decade, but there is still considerable scope for further development, especially compared with other regions. Indeed, until a decade or so ago, the level of financial development in a large number of sub-Saharan African countries had actually regressed relative to the early 1980s. With the exception of the region’s middle-income countries, both financial market depth and institutional development are lower than in other developing regions. The region has led the world in innovative financial services based on mobile telephony, but there remains scope to increase financial inclusion further. The development of mobile telephone-based systems has helped to incorporate a large share of the population into the financial system, especially in East Africa. Pan-African banks have been a driver for homegrown financial development, but they also bring a number of challenges.
Asian Perspectives on Financial Sector Reforms and Regulation
"Examines Asia's emerging markets, which survived the financial debacle of 2008-09 with only modest declines in growth; discusses activities that could dampen continuing development in these markets including inflation, surging capital inflows, asset and credit bubbles, and rapid currency appreciation; and offers strategies to promote financial stability"--Provided by publisher.
Economic Freedom of the World
The most comprehensive index of economic freedom in the world and the only one that uses reproducible measures appropriate for peer-reviewed research, this annual report ranks 123 countries according to the degree of personal choice, voluntary exchange, freedom to compete, and protection of person and property enjoyed by their citizens. The preparation of the report was overseen by the Fraser Institute and directed by economist Milton Friedman.
African Finance in the 21st Century
Financial sector development in sub-Saharan Africa continues to lag behind the rest of the world, despite some recent positive achievements. There is a growing consensus that financial development fosters economic growth, so why has more not been done to spur financial advancement in Africa? This book is one of the few that tackles the debate of financial development in Africa head on. It stems from the proceedings of a high-level conference organized by the IMF Institute with contributions by experts from official agencies in Africa, international financial institutions, the private sector, and academia. The book begins by presenting the reader with compelling theoretical perspectives on th...
Economic Freedom of the World
The most comprehensive index of economic freedom in the world and the only one that uses reproducible measures appropriate for peer-reviewed research, this annual report ranks 123 countries according to the degree of personal choice, voluntary exchange, freedom to compete, and protection of person and property enjoyed by their citizens. The preparation of the report was overseen by the Fraser Institute and directed by economist Milton Friedman.
Thyroid Dysfunction and Pregnancy - ECAB
It is an established fact that thyroid hormones play an important role in the metabolism of the body. Pregnancy is a state of significant hormonal as well as metabolic changes, and thyroid hormones have a significant impact on maternal metabolism and fetal development during pregnancy. The fetus relies on maternal thyroid hormone for the development of the CNS, especially in the early stages of gestation, and uncorrected maternal hypothyroidism in this period can leave the child with permanent life-long neurological deficits. From the maternal point of view, a thyroid dysfunction encountered during pregnancy may continue even after delivery as postpartum thyroiditis. Hence, any thyroid dysfu...
이주행렬
이주의 시대, 이주와 당신의 삶은 무관한가? 누군가는 새로운 곳에서 삶의 터전을 일궈보겠다며 '이주'하고, 먼저 그곳에 살고 있던 사람들은 이들을 받아들인다. 어느 쪽이 됐든, 이주는 사람들의 삶에 영향을 미친다. 누군가의 이주는 단순히 특정 지역에 인구가 증가하는 것만을 의미하지 않고, 이들로 인해 생활환경과 경제, 문화, 정치가 변화한다. 즉 이주는 우리가 어떤 삶을 살고 싶으냐에 직결된 문제인 것이다. 이주(migration)의 시대를 살아가는 우리에겐 이주를 피해갈 수 있는 선택지는 주어지지 않는다. '빠져나가는 이...
