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What is Regional Financial Integration in Africa about?

This document examines regional financial integration in Africa. It finds evidence of integration among the stock markets of several African countries based on an analysis of their sensitivity and convergence to regional benchmarks from 1995 to 2005. Specifically, the stock markets of Ghana, Kenya, Namibia, Nigeria, South Africa, and Swaziland were found to be more responsive to changes in the regional stock market benchmark than the global benchmark during this period. This provides evidence of financial i

Author

toni_yousf2418

Language

EN