1st Edition

The Development of African Capital Markets A Legal and Institutional Approach

By Boniface Chimpango Copyright 2017
256 Pages
by Routledge

256 Pages
by Routledge

256 Pages
by Routledge

Most capital markets that have been established in developing economies like Africa have struggled to make progress over two decades down the line. Development of African Capital Markets explores why these markets have remained underdeveloped and discusses a possible development theory that can be used in designing and implementing legal and institutional reforms to reinvigorate capital markets... Read more

1. Introduction



2. In Search of a Capital Market Development Theory



3. North’s Framework of Economic Change



4. North’s Framework and Capital Market Development Theory



5. Building Capital Markets: A Practical Perspective



6. Regulation of Capital Markets in Developed Economies and Selected African Countries - A Comparative Analysis.



7. The Mechanics of Institutional Change and Capital Market Development Reform.



8. Possible Implementation of North’s Framework through Institutional and Legal Reform

Biography

Boniface Chimpango received a PhD in Law from Nottingham Law School, UK, in 2015. He is a corporate lawyer with special inclination towards corporate finance, corporate taxation, corporate debt restructuring, corporate governance, employment law, capital markets and regulation of financial services.