The Political Economy of Financial Reforms in Cameroon

Autor: Neba Cletus Yah
Jazyk: indonéština
Rok vydání: 2020
Předmět:
Zdroj: Jurnal Ekonomi dan Studi Pembangunan, Vol 12, Iss 2, Pp 127-142 (2020)
Druh dokumentu: article
ISSN: 2086-1575
2502-7115
DOI: 10.17977/um002v12i22020p127
Popis: The aim of this study is to analyse the factors that influence the adoption of financial sector reforms in Cameroon. The Abiad et al. (2008) technique is used to construct a financial reform index for Cameroon and the ordered logit model employed to identify its drivers for the period 1973-2017. The results show that financial reforms in Cameroon follow a progressive and constant pace and stands at the level of 88% in relative terms in 2017. The process of financial reforms is driven by the level of financial development, institutional quality, trade openness and economic crisis.
Databáze: Directory of Open Access Journals