Arbeitspapier

New financial intermediary development indicators for developing countries

Financial development indicators are often applied to countries/regions without taking into account specific financial development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development context. This paper introduces complementary indicators to the existing Financial Development and Structure Database (FDSD) and unites two streams of research. It contributes at the same time to the macroeconomic literature on measuring financial development and responds to the growing field of economic development by means of informal financial sector promotion and microfinance. The paper suggests a practicable way to disentangle the effects of the various financial sectors on economic developments.

Language
Englisch

Bibliographic citation
Series: AGDI Working Paper ; No. WP/11/005

Classification
Wirtschaft
Macroeconomics and Monetary Economics: General
Informal Economy; Underground Economy
Subject
Finance
Development
Formalization
Panel
Developing Countries

Event
Geistige Schöpfung
(who)
Asongu, Simplice A.
Event
Veröffentlichung
(who)
African Governance and Development Institute (AGDI)
(where)
Yaoundé
(when)
2011

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Asongu, Simplice A.
  • African Governance and Development Institute (AGDI)

Time of origin

  • 2011

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