Arbeitspapier
Legal history, institutions and banking system development in Africa
This paper links banking systems development to the colonial and legal history of African countries. Specifically, we investigate the impact of differing legal traditions on the development of existing investor and creditor protection, and on African banking systems. Based on a sample of 40 African countries from 2000 to 2016, our empirical findings show a significant dependence of current financial institutions on the legal origin and the colonization type. Findings also reveal that current legal financial institutions are not the major determinants of banking system development, whereas institutional and regulatory quality significantly matter for banking system development in both common and civil law countries. Strong creditor rights reduce the cost of banking in African countries.
- Sprache
-
Englisch
- Erschienen in
-
Series: DIW Discussion Papers ; No. 1844
- Klassifikation
-
Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Corporate Finance and Governance: Government Policy and Regulation
Corporate Finance and Governance: Other
Civil Law; Common Law
Legal Procedure, the Legal System, and Illegal Behavior: General
- Thema
-
legal origin
colonial history
financial institutions
banking system
Hausman-Taylor estimation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Mutarindwa, Samuel
Schäfer, Dorothea
Stephan, Andreas
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsches Institut für Wirtschaftsforschung (DIW)
- (wo)
-
Berlin
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Mutarindwa, Samuel
- Schäfer, Dorothea
- Stephan, Andreas
- Deutsches Institut für Wirtschaftsforschung (DIW)
Entstanden
- 2020
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