Informal Financial Markets:The Case of Cameroon
Hermann Logang (Graduate student, Henderson State University ), Calvin Shipley (Associate Professor, Henderson State University ), K. Michael Casey (Associate Professor, (Finance)Henderson State University,Arkadelphia,Arkansas, USA )
Download Article | Published On 01/07/2002

Abstract

Informal financial markets play an important role in providing capital in less developed countries. This paper presents the organization of such markets and provides examples of how these markets operate concurrent with the formal financial sector. Specifically the paper provides a case study of the informal financial markets in the country of Cameroon.

© 2022 The Institute of Finance Management