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Financial Liberalization

Posted on 2010-03-16




Name:Financial Liberalization
ASIN/ISBN:3790821675
Language:English
File size:1.4 Mb
Publish Date: 2009-10-14
ISBN: 3790821675
Pages: 298 pages
File Type: PDF
File Size: 1.4 MB
Other Info: Physica-Verlag Heidelberg
   Financial Liberalization

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in Developing Countries: Issues, Time Series Analyses and Policy Implications (Contributions to Economics)

The latest global financial and economic crisis of 2008 has shown the need to re-examine the desirability of . This book is undertaking such a study on the issue of financial and market liberalization by adopting sophisticated econometric methods. It examines the effects of on economic development and social welfare using a case study approach on a sample of three Sub-Saharan African and an Asian country in which reforms were implemented. Further, it highlights some key causes of the failure of reform, and the policies and institutions that are needed to create an environment for successful . From the detailed country assessments, various policies such as effective competition in the banking sector, sound legal system, fiscal discipline and financial institutional development are identified, adoption of which can improve the efficiency of resource allocation, boost savings and impact growth, and thus lead to welfare enhancement.

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