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Other titles in the Economics series:
Financial Sector Policy for Developing Countries: A Readerby Bank World
Synopses & Reviews
The dramatic events of the late 1990s brought the issue of financial sector policy in developing countries to the forefront. Much of the international community's policy focuses on financial sector reform including strengthening the prudential regulations and supervision of the financial system along with ensuring that finance can make its most important contribution to economic prosperity through market-driven allocation of investable resources.This book consists of a collection of essays concentrating on financial sector policy issues effecting developing countries. Drawing on the accumulated experience of its contributors, this book provides an understanding of the structure and dynamics of this sector.
This book collects ten complementary essays on different aspects of financial sector policy for developing and transitional economies. The essays, by leading theoreticians and practitioners, draw on the history and experience of financial sector policy reforms to derive lessons for the future. The collection is carefully chosen to cover the major contemporary issues, including both crisis avoidance and institution-building. The increasing importance of non-bank finance and of international linkages (including dollarization) for small economies are given special attention.
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