Overview
- Provides theoretical underpinnings and recent empirical findings on critical issues in banking and finance in Africa
- Presents relevant African cases illustrating its banking and financial systems
- Provides useful guide for those interested in understanding Africa’s financial systems
Part of the book series: Palgrave Macmillan Studies in Banking and Financial Institutions (SBFI)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
About this book
This book evaluates the characteristics and developments in Africa’s financial systems, including monetary policy, structured finance, sustainable finance and banking, FinTech, RegTech, SupTech, inclusive finance, the role of regulation in dealing with banking crises, the impact of the COVID-19 pandemic on Africa’s financial systems and how to reform the post-COVID-19 financial systems. It is made up of contributions from scholars in finance and economics as well as financial market practitioners.
Banking and the financial markets play a significant role in the growth of various economies. Although a number of handbooks on banking and finance exist, they mainly focus on Europe, America and Asia. Banks and financial markets in Africa are confronted with different challenges and therefore present a unique case to understand Africa’s financial systems. A number of African countries have experienced banking crises and it is important to examine these issues as well as the regulatory regimes required to address them. This edited book contributes to the limited texts in the area by providing a comprehensive resource on banking and finance for students, scholars, researchers, policymakers, and financial market practitioners. It contains various theoretical and empirical chapters on banking and finance in Africa.Similar content being viewed by others
Keywords
Table of contents (30 chapters)
-
Front Matter
-
Overview of Banking and Finance
-
Front Matter
-
-
FinTech, Financial Inclusion and Banking Sector Development
-
Front Matter
-
-
Central Bank and Monetary Policy
-
Front Matter
-
-
Structured Finance, Sustainable Finance and Islamic Banking
-
Front Matter
-
-
Banking Crises and Global Banking
-
Front Matter
-
Reviews
“The breadth of themes covered in this book is refreshing and quite extensive, from macroeconomic themes and analyses, through market structures and central bank performance, to such new themes as financial inclusion and FinTech, and the impact of COVID-19 on African financial systems. The scope of the volume is certainly remarkable as it helps us to appreciate recent developments in African financial systems. I am very happy to endorse it and recommend it to all those interested in understanding how finance in Africa works.”
– Ernest Aryeetey, Professor of Economics, Board Chair, African Economic Research Consortium & Former Vice-Chancellor, University of Ghana
“This volume comes at a critical time to consolidate emerging evidence on the success of financial inclusion in all sectors of African economies. This emerging evidence, supported by the evolution of digital financial services, becomes an important input to development discourse. It now means that we can start formulating strong pillars for financial development in Africa. This book makes interesting contributions to the field of banking and finance.”
– Prof. Njuguna S. Ndung'u, Executive Director, African Economic Research Consortium and Former Governor, Central Bank of Kenya
“This is a welcoming book on banking and finance in Africa. I commend the authors and the editors for covering the landscape and the depth of Africa’s financial systems. The book provides an invaluable guide to scholars, policymakers, and graduate students on the theoretical, empirical and policy related issues in banking and finance in Africa. It is a must read for policymakers and researchers seeking to gain a deeper understanding of Africa’s financial systems.”
– Charles Amo-Yartey, PhD, Senior Economist, International Monetary Fund, Washington DC, USAEditors and Affiliations
About the editors
Joshua Yindenaba Abor is a financial economist, Professor of Finance and former Dean at University of Ghana Business School. He is an External Fellow at the Centre for Global Finance, SOAS University of London. He has held Visiting Scholar positions at the IMF and is a member of the Monetary Policy Committee of the Bank of Ghana.
Charles Komla Delali Adjasi is a Professor of Development Finance and Economics at Stellenbosch University Business School, where he was former Head of Development Finance Programmes. He is an Afreximbank Research Fellow, a Visiting Professor at ENSEA Cote d’Ivoire and was previously a Visiting Professor/Scholar at University of Groningen and the IMF.
Bibliographic Information
Book Title: The Economics of Banking and Finance in Africa
Book Subtitle: Developments in Africa’s Financial Systems
Editors: Joshua Yindenaba Abor, Charles Komla Delali Adjasi
Series Title: Palgrave Macmillan Studies in Banking and Financial Institutions
DOI: https://doi.org/10.1007/978-3-031-04162-4
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
Hardcover ISBN: 978-3-031-04161-7Published: 18 September 2022
Softcover ISBN: 978-3-031-04164-8Published: 19 September 2023
eBook ISBN: 978-3-031-04162-4Published: 17 September 2022
Series ISSN: 2523-336X
Series E-ISSN: 2523-3378
Edition Number: 1
Number of Pages: LIV, 1063
Number of Illustrations: 12 b/w illustrations, 84 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, African Economics, Financial Services