Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Financial Deepening, Institutional Factors and Industrial Performance

Financial Deepening, Institutional Factors and Industrial Performance

Olunuga, Olusoji
Ogundajo, Grace
Osinowo, Olalekan

Paperback

Business General

ISBN10: 3659489859
ISBN13: 9783659489853
Publisher: LAP Lambert Academic Publishing
Published: Nov 4 2024
Pages: 196
Weight: 0.65
Height: 0.45 Width: 6.00 Depth: 9.00
Language: English
Financial deepening, the expansion of financial services to a broader range of the population and enterprises is viewed as essential for sustainable industrial development in SSA. The book analyzes how deeper financial markets, including improved access to credit create opportunities for businesses to expand, innovate, and drive productivity. Institutional factors, such as legal frameworks, governance quality, and regulatory standards, play a critical role in industrial performance. The book argues that countries with stronger institutional frameworks are better equipped to foster industrial growth, attract foreign direct investment (FDI), and stimulate economic diversification. The book emphasizes that without significant improvements in financial infrastructure and institutional quality, industrial performance in SSA will continue to face substantial challenges. It highlights the role of government, private sector, policymakers, and international organizations in catalyzing reforms, offered insights for a roadmap to harnessing financial deepening and institutional reform as levers for robust industrialization and sustained economic growth across Sub-Saharan Africa.

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