This article reports the findings from surveys of formal and informal institutions and their clients in Ghana, Malawi, Nigeria, and Tanzania. It investigates the hypothesis that reforming financially repressive policies would not be sufficient to overcome fragmentation of financial markets because of structural and institutional barriers to interactions across different market segments. The four countries have substantially fragmented financial markets...
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INFORMATION
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1997/05/01
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Article de revue
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77246
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1
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1
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2013/05/15
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Disclosed
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Financial market fragmentation and reforms in Ghana, Malawi, Nigeria, and Tanzania
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survey sample
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