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International Journal of Academic Research in Business and Social Sciences

Open Access Journal

ISSN: 2222-6990

Financial Sector and Economic Development: How Institutions, Financial Markets, and Prudential Oversight can be Enhanced to Accelerate Economic Growth and Sustainable Development in Sub-Saharan Africa

Ashford C. Chea, PhD

Open access

The author began the paper with a brief historical perspective of financial development and economic
growth in general and in Sub-Saharan Africa in particular. He then presented the methodology
employed during the research. This was followed by the review of the literature. Next the researcher
outlined his findings preceded by analysis and policy implications for decision-makers in Sub-Saharan
Africa. The writer ended the paper with some policy recommendations to accelerate the development
of the financial sector and spur economic growth and sustainable development in Sub-Saharan Africa.

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