Arbeitspapier

Deepening Financial Markets in Francophone West Africa

The financial sector is becoming more important because of the natural resource booms. The taxation of natural resource exports will generate large increases in revenues and this will transform the ability of governments to borrow in the markets for sovereign debt. These constitute temporary influxes of money : resources will deplete and debt must be serviced. Hence, to be sustainable, they must be channelled into productive assets. The public financial sector – central banks, sovereign asset funds, and development banks – has the critical role of administering this process.

Language
Englisch

Bibliographic citation
Series: FERDI Working Paper ; No. P61

Classification
Wirtschaft
Economic Integration

Event
Geistige Schöpfung
(who)
Collier, Paul
Event
Veröffentlichung
(who)
Fondation pour les études et recherches sur le développement international (FERDI)
(where)
Clermont-Ferrand
(when)
2012

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Collier, Paul
  • Fondation pour les études et recherches sur le développement international (FERDI)

Time of origin

  • 2012

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