01897cas a2200253 a 4500 AALejournalIMF015597 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484317556 1018-5941 BD-DhAAL BD-DhAAL Alter, Adrian. Financial Inclusion and Development in the CEMAC / Adrian Alter, Boriana Yontcheva. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (31 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines financial inclusion and development in the CEMAC. We explore the level of financial inclusion in the CEMAC through a benchmarking exercise.We construct a measure of financial development gap and analyze its determinants. Using panel data regressions, we find that inflation, income, and natural resources explain most of the financial development level but that better financial sector governance and stronger economic governance are positively associated with financial sector development. Richer and poorer countries can be equally far from their expected financial development levels. Finally, we use a benchmarking exercise to identify countries that have successfully reduced the financial development gap and propose policy measures that CEMAC countries could use to boost financial inclusion. Mode of access: Internet Yontcheva, Boriana. IMF Working Papers; Working Paper ; No. 2015/235 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/235/001.2015.issue-235-en.xml IMF e-Library