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portada Bank liquidity and financing of the economy in the CEMAC zone
Type
Physical Book
Language
Inglés
Pages
68
Format
Paperback
Dimensions
22.9 x 15.2 x 0.4 cm
Weight
0.11 kg.
ISBN13
9786205843741

Bank liquidity and financing of the economy in the CEMAC zone

François Martial Elysée Tsanga (Author) · Our Knowledge Publishing · Paperback

Bank liquidity and financing of the economy in the CEMAC zone - Tsanga, François Martial Elysée

Physical Book

£ 25.96

  • Condition: New
Origin: U.S.A. (Import costs included in the price)
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Synopsis "Bank liquidity and financing of the economy in the CEMAC zone"

This book examines the link between bank liquidity and the financing of the economies of the six CEMAC countries between 1987 and 2007 through a panel data analysis. In the model inspired by Demirgüç-Kunt & Huizinga (1999), credits to the economy are the explained variable and correspond to the financing of the economy, while financial deepening, reserves, net foreign assets (NFA), inflation and lending rates are the explanatory variables. The results indicate that of all the explanatory variables, only reserves and NVA are significant. The former positively affects the financing of the economy, while the latter has a negative impact on financing. Based on our results, we recommend an increase in reserves for banks by ensuring the accumulation of reserves, in addition there should be a threshold of net external assets of banks set by the BEAC and finally a community fund supplied by the CEMAC member states.

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