Stock market development and integration in SADC (Southern African Development Community)

Southern African Development Community Regional Agricultural Policy

Tom Alweendo: Prospects for a monetary union in the Southern African Development Community (SADC) (Central Bank Articles and Speeches)

I am happy to welcome you once again at our annual event, where over the last five years I have shared my views on a number of issues of economic nature. This evening, I am going to share with you my views on the prospects for a monetary union in the Southern African Development Community (SADC). This topic is by no means new and it has been discussed by various speakers on various occasions. H...

Capacity for Forestry Research in the Southern African Development Community

Capital Market Development : Taking Stock

The state of capital markets looks particularly poor when we consider the efforts already undertaken to improve the macroeconomic environment and reform the institutions believed to foster financial development. In the case of Latin America, the results appear even more discouraging in light of the better evolution of capital markets in East Asia and their rapid growth in developed economies (e...

Shareholder Protection, Stock Market Development, and Politics

This paper presents a political economy model where there is mutual feedback between investor protection and stock market development. Better investor protection induces companies to issue more equity and thereby leads to a broader stock market. In turn, equity issuance expands the shareholder base and increases support for shareholder protection. This feedback loop can generate multiple equili...