Dualisme financier et politique monétaire : un réexamen théorique des implications

Abstract

Découvrir la revue Citer cet article Babatoundé, A. (2015 gives some explanation of the financial liberalization policies failures in less developed countries. Moreover, the model enables us to establish inverse relation between decentralized deposits supply and interest rate in the money market.

Financial dualism: An analysis of the effects of informal finance on formal finance in West African Economic and Monetary Union (WAEMU) countries

“…This hypothesis is based on the analysis of Ayyagari et al (2010) who argue that the most dominant view in the literature about the relationship between informal and formal finance is that the two are complementary. The interest of this research is to contribute to enlightening monetary authorities in the WAEMU on the link between the two types of finance so that they take it into account in the definition and implementation of their policies, especially financial inclusion, given that financial dualism has implications for the effectiveness of monetary policies (Babatoundé, 2015;Tanimoune, 2007).…”