Financial Reform : Theory and Experience Paperback / softback
Edited by Gerard, Jr. (The World Bank) Caprio, Izak (The World Bank) Atiyas, James A. (The World Bank) Hanson
Paperback / softback
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Description
This book examines the analytical basis and practical experience of financial reforms in a number of primarily developing countries.
A key finding is that financial reforms have led to improved resource allocation - an a priori belief not hitherto tested.
This finding is consistent with the argument that efforts in developing countries to maximize efficiency resource utilization cannot be underestimated in their importance.
There are three key lessons that suggest the crucial nature of managing the process rather than adopting a laissez-faire approach.
First, more successful reform must take account of information capital; second, initial conditions in balance sheets, human and information capital, and incentive systems are fundamental in determining how to go about reform; and third, that different sequences of reforms can be tolerated and, with certain preconditions, do well.
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Out of StockMore expected soonContact us for further information
- Format:Paperback / softback
- Pages:494 pages, 15 Line drawings, unspecified
- Publisher:Cambridge University Press
- Publication Date:28/08/1996
- Category:
- ISBN:9780521574242
Information
-
Out of StockMore expected soonContact us for further information
- Format:Paperback / softback
- Pages:494 pages, 15 Line drawings, unspecified
- Publisher:Cambridge University Press
- Publication Date:28/08/1996
- Category:
- ISBN:9780521574242