ECOPOL volume 31, issue 3-4, P350-378 2015 DOI: 10.1093/oxrep/grv032 View full text
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Kathrin Berensmann, Florence Dafe, Ulrich Volz

Abstract: This is the accepted version of the paper.This version of the publication may differ from the final published version. This article discusses the role that local currency bond markets (LCBMs) can play in the longterm financing of sustainable development of Sub-Saharan African (SSA) economies, and presents an empirical analysis of the factors which may hinder or promote the development of such markets in SSA. Using a new dataset for 27 SSA countries, our findings support earlier research on SSA and other regio…

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