Ocran, Matthew K.Achiapo, Jessica Lisette2018-07-202024-05-032018-07-202024-05-032017https://hdl.handle.net/10566/12610Philosophiae Doctor - PhD (Economics)The main objective of this thesis was to closely examine several nancial and economic aspects of the stock markets in Sub-Saharan Africa. Thus, the objectives of this thesis were to explore the interdependence, the time-varying conditional correlation and the volatility linkages among Sub-Saharan African and developed stock markets; to investigate the relationship between - nancial liberalization and the development of stock markets; and to examine the patterns of the aggregate market liquidity and the relevance of the mainstream determinants of market liquidity in the chosen Sub-Saharan African stock markets.enUniversity of the Western Cape