5 UNU-WIDER articles, publications, projects, experts...

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Transaction costs
Book Chapter
Institutional Analysis of Financial Market Fragmentation in Sub-Saharan Africa: A Risk-Cost Configuration Approach

From the book: Domestic Resource Mobilization and Financial Development

Capital market Financial institutions Institutional economics
Working Paper
Institutional Analysis of Financial Market Fragmentation in Sub-Saharan Africa: A Risk-Cost Configuration Approach

The paper examines the source of financial market fragmentation in sub-Saharan Africa in the framework of institutional economics...

Capital market Financial institutions Institutional economics
Working Paper
Loan Processing Costs and Information Asymmetries-Implications for Financial Sector Development and Economic Growth

The paper presents a model in which credit-constrained firms might delay the adoption of new and more productive technologies because of the very high external financing costs they face...

Banks and banking Credit Economic development
Working Paper
Transaction Cost Politics, Institutions for Commitment and Rent Seeking

In developing countries, particularly in those countries that have experienced declining growth rates, institutional failure (bad policies) is closely related to development failure and growth collapses...

Decision making (Finance, Public) Game theory Transaction costs
Working Paper
Politics, Society and Financial Sector Reform in Bangladesh

This paper examines the financial sector reform experience of Bangladesh. It finds that while there have been some improvements in competition and efficiency, loan defaults still remain a significant problem...

Financial institutions Corruption Nonprofit organizations
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