Financial Liberalization: How Far, How Fast? - Softcover

Caprio, Gerard

Softcover

ISBN 10: 0521030994 ISBN 13: 9780521030991

Verlag: Cambridge University Press, 2008

Inhaltsangabe

This volume addresses one of the most topical and controversial issues in banking and financial policy. It explains why governments have felt the need to liberalize banking and finance, for example, by privatizing banks and allowing interest rates to be set by the market.

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Reseña del editor:

The goal of this volume is to bring a more broad-based empirical experience than has been customary to the theoretical debate on how financial systems should be managed. This is achieved not only with cross-country economic studies, but also with an account of carefully chosen and widely contrasting country cases, drawn from Europe, Latin America, Africa, East and South Asia and the former Soviet Union. The widespread financial crises of recent years have all too dramatically illustrated the shortcomings of financial policy under liberalization. The complexity of the issues mocks any idea that a standard liberalization template will be universally effective. The evidence here described confirms that policy recommendations need to take careful account of country conditions. The volume is the outcome of a research project sponsored by the World Bank's Development Economics Research Group.

Product Description:

Financial Liberalization Pb editado por Cambridge

Über diese Auflage

• Verlag: Cambridge University Press
• Erscheinungsdatum: 2008
• ISBN 10: 0521030994
• ISBN 13: 9780521030991
• Einband: Tapa blanda
• Anzahl der Seiten: 320