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How to develop an effective transparent banking and financial system for developing countries in Africa

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  • Tweneboah Senzu, Emmanuel

Abstract

The desire of the modern economies is to be well structured and planned to innovatively attract foreign direct investment, which is the prime interest of governance of developing economies. This underpins the choice of the conference theme, “Building a resilient African economy through innovative financing, trade, and Investment for sustainable development of the continent”, with the effort of this paper is to project a skeletal ex-post situation of Ghana’s financial market which is synonymous to most quality performing financial market in developing countries on the continent of Africa with subjective recommendations for aspired progressive direction.

Suggested Citation

  • Tweneboah Senzu, Emmanuel, 2019. "How to develop an effective transparent banking and financial system for developing countries in Africa," MPRA Paper 96783, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:96783
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    File URL: https://mpra.ub.uni-muenchen.de/96783/1/MPRA_paper_96783.pdf
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    More about this item

    Keywords

    Banking & Finance; Financial Sector; Macroeconomics; Monetary Policy; Central Bank; Foreign Direct investment;
    All these keywords.

    JEL classification:

    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation

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