Issues in Managing and Sequencing Financial Sector Reforms Lessons From Experiences in Five Developing Countries

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451954662
Total Pages : 104 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Issues in Managing and Sequencing Financial Sector Reforms Lessons From Experiences in Five Developing Countries by : International Monetary Fund

Download or read book Issues in Managing and Sequencing Financial Sector Reforms Lessons From Experiences in Five Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1992-10-01 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: A review of the experience of five developing countries in reforming their financial systems illustrates the benefits and risks, and provides lessons on the factors which contribute to successful financial sector reforms. Financial sector reforms need to be supported by active monetary policy, and the adoption of new monetary control procedures early in the reform program; reforms should be sequenced consistently with the broader program of macroeconomic adjustment. The pace of liberalization of interest rates and credit should also take account of the solvency of financial and nonfinancial firms. A minimal system of prudential regulation is an essential element of successful financial sector reform.

Financial Sector Crisis and Restructuring

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Publisher :
ISBN 13 : 9781557758712
Total Pages : 103 pages
Book Rating : 4.7/5 (587 download)

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Book Synopsis Financial Sector Crisis and Restructuring by : Carl-Johan Lindgren

Download or read book Financial Sector Crisis and Restructuring written by Carl-Johan Lindgren and published by . This book was released on 1999 with total page 103 pages. Available in PDF, EPUB and Kindle. Book excerpt: An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.

Money, Finance, Political Economy

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Author :
Publisher : Academic Foundation
ISBN 13 : 9788171887156
Total Pages : 394 pages
Book Rating : 4.8/5 (871 download)

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Book Synopsis Money, Finance, Political Economy by : Deena R. Khatkhate

Download or read book Money, Finance, Political Economy written by Deena R. Khatkhate and published by Academic Foundation. This book was released on 2009 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: With reference to India.

Financial Sector Reforms in Algeria, Morocco, and Tunisia

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Publisher : International Monetary Fund
ISBN 13 : 1451955170
Total Pages : 39 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Financial Sector Reforms in Algeria, Morocco, and Tunisia by : Mr.Abdelali Jbili

Download or read book Financial Sector Reforms in Algeria, Morocco, and Tunisia written by Mr.Abdelali Jbili and published by International Monetary Fund. This book was released on 1997-07-01 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews and assesses the financial sector reforms in Algeria, Morocco and Tunisia. After a description of the financial sector before reforms, it explains the main features of the comprehensive reform process in each country. It also reviews the sequencing of reforms and discusses econometric evidence of the impact of the reforms on saving in each of the three countries. Subsequently, the paper sets out remaining issues to be addressed in the three countries, including a further strengthening of the banking system and development of financial instruments and markets.

Sequencing Capital Account Liberalization

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Publisher : International Monetary Fund
ISBN 13 : 1451857454
Total Pages : 116 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Sequencing Capital Account Liberalization by : Claudia Echeverria

Download or read book Sequencing Capital Account Liberalization written by Claudia Echeverria and published by International Monetary Fund. This book was released on 1997-11-01 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines issues in sequencing and pacing capital account liberalization and draws lessons from experience in four countries (Chile, Indonesia, Korea, and Thailand). The paper focuses on the interrelationship between capital account liberalization, domestic financial sector reforms, and the design of monetary and exchange rate policy. It concludes that capital account liberalization should be approached as an integrated part of comprehensive reform strategies and should be paced with the implementation of appropriate macroeconomic and exchange rate policies.

Central Banking in Developing Countries

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Publisher : Routledge
ISBN 13 : 1134759754
Total Pages : 186 pages
Book Rating : 4.1/5 (347 download)

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Book Synopsis Central Banking in Developing Countries by : Álvaro Almeida

Download or read book Central Banking in Developing Countries written by Álvaro Almeida and published by Routledge. This book was released on 1996-05-30 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the current state of central banking in 44 developing countries. The authors analyse the banks' achievement in their primary objective of price stability and discuss the reasons behind the general lack of success. The book covers: * government financing * foreign exchange systems * domestic banking systems. Rich in data, the book contains original financial information from Africa, Asia, the Middle East, Europe, Latin America and the Caribbean. The lay-out is user-friendly and generously illustrated with tables, figures, boxed material and useful appendices. The book is published in association with the Bank of England and presents the definitive account of the role of central banks in developing countries.

Reinvigorating Growth in Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 9781557755599
Total Pages : 130 pages
Book Rating : 4.7/5 (555 download)

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Book Synopsis Reinvigorating Growth in Developing Countries by : Ms.Sharmini Coorey

Download or read book Reinvigorating Growth in Developing Countries written by Ms.Sharmini Coorey and published by International Monetary Fund. This book was released on 1996-08-13 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines the links between adjustment policies and growth in a small group of developing countries- Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand - during 1970 -93. It provides an overview of the adjustment and growth experience, examines in depth several policy issues of particular interest, and distills the principal policy lessons for the design of adjustment policies.

Korean Economic Reform

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Publisher : Routledge
ISBN 13 : 1351760076
Total Pages : 357 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Korean Economic Reform by : Robert F. Emery

Download or read book Korean Economic Reform written by Robert F. Emery and published by Routledge. This book was released on 2017-07-12 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. In 1997 the author was told, by an official at the Korean embassy in Washington DC, that the most serious economic problem facing Korea was the need for reform of the financial sector. This proved to be true, as a financial crisis hit Korea in November 1997. Though problems arising before November 1997 indicate that Korea's economic problems were not solely financial. This study covers earlier reform efforts, the 1997 crisis and the measures taken by Korea since then to deal with the country's economic problems. It attempts to analyze the problems and offer suggestions as to how problems might corrected or resolved.

Latvia

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Publisher : International Monetary Fund
ISBN 13 : 1451824416
Total Pages : 146 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Latvia by : International Monetary Fund

Download or read book Latvia written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-06-04 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper and Statistical Appendix highlights that the real GDP growth in Latvia accelerated in the second half of 1997, and is estimated at 6 percent for the year. Growth was broad-based, with particularly strong performance in the services sector and construction, and has been led by increased investment, with real capital formation rising by an estimated 10 percent, and enhanced efficiency. Reflecting the strong economic growth, official unemployment has begun to decline, falling from 71⁄2 percent in mid-year to 6.7 percent at end-January 1998.

Sequencing Financial Sector Reforms

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Publisher : International Monetary Fund
ISBN 13 : 9781557757791
Total Pages : 412 pages
Book Rating : 4.7/5 (577 download)

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Book Synopsis Sequencing Financial Sector Reforms by : International Monetary Fund

Download or read book Sequencing Financial Sector Reforms written by International Monetary Fund and published by International Monetary Fund. This book was released on 1991-03-15 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial sector liberalization can spur economic growth and development, but reforms to liberalize the financial sector can also entail risks if they are not properly designed and implemented. One of the central questions for countries reforming their financial systems is how to sequence the reforms so as to maximize the benefits of liberalization and contain its risks. Edited by R. Barry Johnston and V. Sundararajan of the IMF's Monetary and Exchange Affairs Department, this book attempts to answer this and related questions by drawing lessons from financial sector reforms in selected countries. In particular, the book surveys financial sector reforms in Indonesia, Thailand, and Korea between the mid-1980s and mid-1990s.

Financial Policies and Capital Markets in Arab Countries

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Publisher : International Monetary Fund
ISBN 13 : 9781557754189
Total Pages : 116 pages
Book Rating : 4.7/5 (541 download)

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Book Synopsis Financial Policies and Capital Markets in Arab Countries by : Mr.Saíd El-Naggar

Download or read book Financial Policies and Capital Markets in Arab Countries written by Mr.Saíd El-Naggar and published by International Monetary Fund. This book was released on 1994-09-15 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent developments at both the international and national levels - including the globalization of financial markets and the wave of liberalization, deregulation, and privatization- have pushed the issue of financial markets to the forefront of the development agenda. This book, edited by Said El-Naggar, comprises the proceedings of a seminar held in Abu Dhabi in January 1994. It provides a comprehensive analysis of various aspects of capital markets in general and particularly in the Arab countries.

Regulated Deregulation of the Financial System in Korea

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Publisher : World Bank Publications
ISBN 13 : 9780821333563
Total Pages : 44 pages
Book Rating : 4.3/5 (335 download)

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Book Synopsis Regulated Deregulation of the Financial System in Korea by : Ismail Dalla

Download or read book Regulated Deregulation of the Financial System in Korea written by Ismail Dalla and published by World Bank Publications. This book was released on 1995-01-01 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Bank Discussion Paper No. 292. Examines the anatomy of the Republic of Korea's financial reform policy since 1979 in order to place the nation's financial reform plan of 1993 in a proper context. Financial deregulation in the Republic of Korea, initiated in 1979, coincided with similar programs in South America and East Asia. The reforms were successful in spite of a mild form of financial repression and a deregulation policy that ran an erratic course. The republic moved decisively in 1993 toward a conventional type of financial liberalization by announcing a blueprint of reforms to be implemented over a five-year period ending in 1997. This paper examines the anatomy of the Korean financial reform policy since 1979 in order to place its financial reform plan of 1993 in the proper context. The report presents a conceptual framework of the Korean financial system and policies, examines interest rate reforms on various levels, and discusses changes in the credit allocation system that were undertaken in earlier phases of the reforms. The book goes on to review the rationale of the final financial reform phase, the sequencing of its various elements, and the assessment. Broad conclusions are presented.

Instruments of Monetary Management

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Publisher : International Monetary Fund
ISBN 13 : 9781557755988
Total Pages : 316 pages
Book Rating : 4.7/5 (559 download)

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Book Synopsis Instruments of Monetary Management by : Mr.Tomás J. T. Baliño

Download or read book Instruments of Monetary Management written by Mr.Tomás J. T. Baliño and published by International Monetary Fund. This book was released on 1997-09-07 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many countries have reformed their monetary instruments over the last few years. Edited by Tomas J.T. Balino and Lorena M. Zamalloa, this volume deals with the design, implementation, and coordination of major monetary policy instruments, highlighting relevant country experiences. In particular, it discusses how to adapt those instruments to the financial environment as well as how to help this environment to develop.

Issues and Agents in International Political Economy

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Publisher : MIT Press
ISBN 13 : 9780262531603
Total Pages : 398 pages
Book Rating : 4.5/5 (316 download)

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Book Synopsis Issues and Agents in International Political Economy by : Benjamin J. Cohen

Download or read book Issues and Agents in International Political Economy written by Benjamin J. Cohen and published by MIT Press. This book was released on 1999 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the second of two anthologies on international political economy drawn from articles published in the journal International Organization. The book is organized into four sections: Trade, Multinational Firms and Globalization, Money and Finance, and Emerging Issues.

Latin American and East European Economies in Transition

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Publisher : Psychology Press
ISBN 13 : 9780714644035
Total Pages : 206 pages
Book Rating : 4.6/5 (44 download)

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Book Synopsis Latin American and East European Economies in Transition by : Claude Auroi

Download or read book Latin American and East European Economies in Transition written by Claude Auroi and published by Psychology Press. This book was released on 1998 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Within the global framework of the major transformation of development models the various contributors to this collection seek to compare the Latin American experiences of macroeconomic changes or adjustments with those of East European countries.

Financial Infusion and Exiting from a Money Rule

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Publisher : International Monetary Fund
ISBN 13 : 1451980094
Total Pages : 42 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Financial Infusion and Exiting from a Money Rule by : Mr.Mark R. Stone

Download or read book Financial Infusion and Exiting from a Money Rule written by Mr.Mark R. Stone and published by International Monetary Fund. This book was released on 1998-03-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Money demand often surges after successful macroeconomic stabilization. This paper gives a name—financial infusion—to these surges because their size, unpredictability, and concurrence with other “success shocks” pose unique challenges to policy, especially under a money rule. An examination of 26 stabilization episodes shows that money to GDP can be expected to decline before stabilization and rise sharply thereafter. Analysis of the policy response to financial infusion under a money rule concludes that it amplifies output and price volatility, even if built into the rule. Finally, the main elements of an exit strategy from a money rule to an exchange rate or inflation target are discussed.

Global Governance

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Publisher : Taylor & Francis
ISBN 13 : 9780415276634
Total Pages : 600 pages
Book Rating : 4.2/5 (766 download)

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Book Synopsis Global Governance by : Timothy J. Sinclair

Download or read book Global Governance written by Timothy J. Sinclair and published by Taylor & Francis. This book was released on 2004 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: