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150128 ||| eng |
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|a 9781451847659
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100 |
1 |
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|a Le Gall, Françoise
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245 |
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|a Banking in Sub-Saharan Africa
|b What Went Wrong?
|c Françoise Le Gall, Roland Daumont, François Leroux
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2004
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300 |
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|a 49 pages
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651 |
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4 |
|a Côte d'Ivoire
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653 |
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|a Foreign banks
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653 |
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|a Financial crises
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653 |
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|a Industries: Financial Services
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653 |
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|a Finance
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653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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653 |
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|a Banking crises
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653 |
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|a Banks and banking, Foreign
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653 |
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|a General Financial Markets: Government Policy and Regulation
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653 |
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|a Banks and banking
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653 |
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|a Banks and Banking
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653 |
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|a Micro Finance Institutions
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653 |
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|a Credit
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653 |
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|a Monetary economics
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653 |
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|a Mortgages
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653 |
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|a Financial institutions
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653 |
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|a Financial Crises
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653 |
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|a Commercial banks
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653 |
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|a Economic & financial crises & disasters
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653 |
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|a Banking
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653 |
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|a Banks
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653 |
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|a Loans
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653 |
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|a Money and Monetary Policy
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653 |
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|a Money
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653 |
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|a Depository Institutions
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700 |
1 |
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|a Daumont, Roland
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700 |
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|a Leroux, François
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041 |
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7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
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|a IMF Working Papers
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028 |
5 |
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|a 10.5089/9781451847659.001
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856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2004/055/001.2004.issue-055-en.xml?cid=17289-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a The purpose of this paper is to study the origins of banking crises in sub-Saharan Africa, drawing upon the experience of ten countries during the period 1985-95. It examines, in particular, which factors were the most important sources of these crises. The conclusions underscore that the banking crises examined did not represent an entirely special case-a number of factors identified in the general literature, including macroeconomic shocks, were highly relevant-but note that several of their features were nonetheless specific to this part of the world. These banking crises were the very prototype of endemic crises associated with heavy government intervention in the banking system. In this regard, the paper analyzes the complex role of the government in banking in sub-Saharan Africa, the many channels through which governments intervened, and the economic and institutional environment in which the banks operated
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