Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya
With extensive country and firm-level data sets, this paper first documents that the financial sectors of most Sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. The paper also finds that population density appears to be considerably mor...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
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Washington, D.C
The World Bank
2013
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| 245 | 1 | 0 | |a Resolving the African Financial Development Gap |b Cross-Country Comparisons and a Within-Country Study of Kenya |c Allen, Franklin |
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| 520 | |a With extensive country and firm-level data sets, this paper first documents that the financial sectors of most Sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. The paper also finds that population density appears to be considerably more important for banking sector development in Africa than elsewhere. To better understand how countries can overcome the high costs of developing viable banking sectors outside large metropolitan areas, the analysis focuses on Kenya, which has made significant strides in financial inclusion and development in recent years. The paper finds a positive and significant impact of Equity Bank, a leading private commercial bank, on financial access, especially for underprivileged households. Equity Bank's business model-providing financial services to population segments typically ignored by traditional commercial banks and generating sustainable profits in the process-can be a potential solution to the financial access problem that has hindered the development of inclusive financial sectors in many other African countries | ||
| 700 | 1 | |a Carletti, Elena |4 oth | |
| 700 | 1 | |a Allen, Franklin |4 oth | |
| 700 | 1 | |a Qian, Jun |4 oth | |
| 700 | 1 | |a Senbet, Lemma |4 oth | |
| 700 | 1 | |a Valenzuela, Patricio |4 oth | |
| 700 | 1 | |a Cull, Robert |4 oth | |
| 776 | 0 | 8 | |i Allen, Franklin |a Resolving the African Financial Development Gap |
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| discipline | Wirtschaftswissenschaften |
| discipline_str_mv | Wirtschaftswissenschaften |
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| id | DE-604.BV048266021 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T19:59:53Z |
| indexdate | 2024-07-10T09:33:33Z |
| institution | BVB |
| language | English |
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| publishDate | 2013 |
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| publisher | The World Bank |
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| spelling | Allen, Franklin Verfasser aut Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya Allen, Franklin Washington, D.C The World Bank 2013 1 Online-Ressource (62 p) txt rdacontent c rdamedia cr rdacarrier With extensive country and firm-level data sets, this paper first documents that the financial sectors of most Sub-Saharan African countries remain significantly underdeveloped by the standards of other developing countries. The paper also finds that population density appears to be considerably more important for banking sector development in Africa than elsewhere. To better understand how countries can overcome the high costs of developing viable banking sectors outside large metropolitan areas, the analysis focuses on Kenya, which has made significant strides in financial inclusion and development in recent years. The paper finds a positive and significant impact of Equity Bank, a leading private commercial bank, on financial access, especially for underprivileged households. Equity Bank's business model-providing financial services to population segments typically ignored by traditional commercial banks and generating sustainable profits in the process-can be a potential solution to the financial access problem that has hindered the development of inclusive financial sectors in many other African countries Carletti, Elena oth Allen, Franklin oth Qian, Jun oth Senbet, Lemma oth Valenzuela, Patricio oth Cull, Robert oth Allen, Franklin Resolving the African Financial Development Gap http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6592 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Allen, Franklin Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya |
| title | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya |
| title_auth | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya |
| title_exact_search | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya |
| title_exact_search_txtP | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya |
| title_full | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya Allen, Franklin |
| title_fullStr | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya Allen, Franklin |
| title_full_unstemmed | Resolving the African Financial Development Gap Cross-Country Comparisons and a Within-Country Study of Kenya Allen, Franklin |
| title_short | Resolving the African Financial Development Gap |
| title_sort | resolving the african financial development gap cross country comparisons and a within country study of kenya |
| title_sub | Cross-Country Comparisons and a Within-Country Study of Kenya |
| url | http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-6592 |
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