Description
| Summary: | We use bank level data to study the efficiency of banks in Sub-Saharan African middle-income countries and provide possible explanations for the difference in the efficiency levels of banks. We find that banks, on average, could save 20-30 percent of their total costs if they were operating efficiently, and that foreign banks are more efficient than public banks and domestic private banks. Among the factors that could affect the efficiency levels are macroeconomic stability, depth of financial development, the degree of market competition, strong legal rights and contract laws, and better governance, including political stability and government effectiveness. Our findings point to the importance of policies that aim to build stronger institutions, promote more competition, and improve governance.
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| Item Description: | Title from title screen (viewed September 11, 2009).
At head of title: African Department.
"January 2009." |
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| Physical Description: | 1 online resource (32 pages) : color illustrations |
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| Format: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. |
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| Bibliography: | Includes bibliographical references (pages 30-32). |
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| ISBN: | 1451915977
9781451915976
1462333583
9781462333585
1282842366
9781282842366
9786612842368
6612842369
1451984243
9781451984248 |
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| ISSN: | 2227-8885 ; |
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| Language: | English. |
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| Reproduction Note: | Electronic reproduction. |
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| Action Note: | digitized |
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