Scaling-up Regional Financial Integration in the East African Community
This report follows up on a 2007 World Bank study, Financial Sector Integration in Two Regions of Sub-Saharan Africa: How Creating Scale in Financial Markets Can Support Growth and Development (FSITR henceforth) which identified the opportunities a...
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| Format: | Other Financial Sector Study |
| Language: | English en_US |
| Published: |
Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2012/01/16338324/scaling-up-regional-financial-integration-east-african-community-vol-1-1 http://hdl.handle.net/10986/13031 |
| Summary: | This report follows up on a 2007 World
Bank study, Financial Sector Integration in Two Regions of
Sub-Saharan Africa: How Creating Scale in Financial Markets
Can Support Growth and Development (FSITR henceforth) which
identified the opportunities associated with regionalization
of financial markets in sub-Saharan Africa (SSA), and also
the many challenges associated with realizing the potential
of such arrangements. This effort furthers and updates the
analysis of the EAC in FSITR by focusing on two aspects of
trade in financial services within the
EAC:Documenting a clearer picture of financial
integration in the EAC, as it is actually taking shape on
the ground; and elaborating on the challenges specific to
the integration of Burundi and Rwanda who joined the EAC
subsequent to the preparation of FSITR. The recommendations
are intended to provide inputs which will assist
identification of projects to be financed under the proposed
EAC Regional Financial Markets Integration Project. |
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