The Development of African Capital Markets

A Legal and Institutional Approach
1. Auflage 2019
ISBN: 978-0-367-88432-1
Verlag: Taylor & Francis Ltd

Buch, Englisch, 256 Seiten, Format (B × H): 156 mm x 234 mm, Gewicht: 812 g

Reihe: Routledge Contemporary Africa

Most capital markets that have been established in developing economies like Africa have struggled to make progress over two decades down the line. Development of African Capital Markets explores why these markets have remained underdeveloped and discusses a possible development theory that can be used in designing and implementing legal and institutional reforms to reinvigorate capital markets in African and other developing countries.

Boniface Chimpango analyses the weaknesses of capital markets in developing countries, and argues that legal and institutional framework for capital markets in developing countries should be tailored to the unique informal rules prevalent in each country rather than being transplanted from developed countries.

This book will be of interest to scholars, students and policy makers in the fields of economic development, African Studies, law, development and regulatory policy.

Zielgruppe

Postgraduate and Undergraduate

Autoren/Hrsg.

Chimpango, Boniface

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
• Rechtswissenschaften Recht, Rechtswissenschaft Allgemein
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Entwicklungsökonomie & Emerging Markets
• Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie

Inhaltsverzeichnis

1. Introduction

2. In Search of a Capital Market Development Theory

3. North’s Framework of Economic Change

4. North’s Framework and Capital Market Development Theory

5. Building Capital Markets: A Practical Perspective

6. Regulation of Capital Markets in Developed Economies and Selected African Countries - A Comparative Analysis.

7. The Mechanics of Institutional Change and Capital Market Development Reform.

8. Possible Implementation of North’s Framework through Institutional and Legal Reform

Über Autor(innen)

Boniface Chimpango received a PhD in Law from Nottingham Law School, UK, in 2015. He is a corporate lawyer with special inclination towards corporate finance, corporate taxation, corporate debt restructuring, corporate governance, employment law, capital markets and regulation of financial services.